Foreign Exchange

Rupee slips 4 paise to 82.24 against dollar in early trade

At the interbank foreign exchange market, the local unit opened lower by 12 paise at 82.32 as the US dollar rebounded against global currencies in early Asian trade.

published on : 24th March 2023

India's Forex kitty falls to three-month low, down by USD 2.39 bn to USD 560 bn

With this erosion, the forex kitty is at its lowest since early December, according to the weekly statistical supplement released by the RBI.

published on : 18th March 2023

Rupee rises 24 paise to 81.73 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 81.85 against the dollar, then climbed to 81.73, registering a rise of 24 paise over its previous close.

published on : 6th March 2023

Rupee rises 36 paise to 82.24 against US dollar

On Thursday, the rupee closed at 82.60 against the US currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.13 per cent to 104.88.

published on : 3rd March 2023

Rupee falls 26 paise to 81.68 against US dollar

Early gains in domestic equity markets and a weak dollar against world currencies, however, restricted the rupee's losses.

published on : 24th January 2023

Pakistan's economy grinding to a halt as crucial dollars dry up

A shortage of crucial dollars has left banks refusing to issue new letters of credit for importers, hitting an economy already squeezed by soaring inflation and lacklustre growth.

published on : 15th January 2023