Forex

Govt watchful and mindful of impact of declining rupee on imports: Finance Minister

The rupee breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday and has also hit a series of lifetime lows this month.

published on : 1st July 2022

Rupee hits record low of 79.11 against US dollar in early trade

Global oil benchmark Brent crude futures rose 0.05 per cent to USD 109.09 per barrel.

published on : 1st July 2022

Rupee gains 5 paise to close at 78.98 against US dollar

The rupee had breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday and has also hit a series of lifetime lows this month.

published on : 30th June 2022

Rupee relatively better placed than other global currencies against dollar: Nirmala Sitharaman

The rupee breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday and has also hit a series of lifetime lows this month.

published on : 30th June 2022

Rupee falls 18 paise to close at record low of 79.03 against US dollar

The sentiment remains feeble for the rupee amid foreign fund outflows and fear of dollar shortages following quantitative tightening from the US Federal Reserve.

published on : 29th June 2022

Lanka limits foreign currency possession by individuals to support dwindling forex reserve

With the intention of attracting foreign currency in the hands of the public into the formal banking system, Minister of Finance Ranil Wickremesinghe issued the order under the Foreign Exchange Act.

published on : 25th June 2022

Rupee settles at all-time low of 78.33 against US dollar

RBI Deputy Governor said the Central Bank will not allow 'jerky movements' of the rupee and stressed that the Indian currency has witnessed the least depreciation in recent times.

published on : 24th June 2022

Rupee settles at all-time low of 78.32 against US dollar

At the interbank foreign exchange market, the local currency opened at 78.26 and finally settled at its all-time low of 78.32, unchanged from its previous close.

published on : 23rd June 2022

Rupee falls by 27 paise to record low of 78.40 against US dollar

Foreign institutional investors remained net sellers in the capital market on Monday as they offloaded shares worth Rs 2,701.21 crore.

published on : 22nd June 2022

Rupee gains 7 paise to close at 77.98 against US dollar 

At the interbank forex market, the local unit opened strong at 77.98 against the greenback and witnessed an intra-day high of 77.87 and a low of 78.03. 

published on : 20th June 2022

Rupee gains 15 paise against US dollar in early trade 

At the interbank foreign exchange, the rupee opened strong at 78.06 against the US dollar, then inched lower to quote 78.07, registering a rise of 15 paise over the last close.

published on : 16th June 2022

Crude oil prices, foreign capital outflows lead Rupee to end almost flat at 78.03 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.05 per cent to 105.02.

published on : 14th June 2022

Indian rupee hits record low on Fed rate hike worries, crosses 78 per US dollar

Inflation has also jumped in India owing to the fallout from the Ukraine war, overshooting the central bank's two-to-six percent target range from January to April.

published on : 13th June 2022

Yen slides to 24-year low against dollar

Japan's currency has been weakening for months, accelerated by the US Federal Reserve's aggressive monetary tightening to tackle soaring inflation caused by the war in Ukraine and other factors.

published on : 13th June 2022

Rupee rises 4 paise to 77.62 against US dollar in early trade 

However, muted domestic equities, elevated crude oil prices and persistent foreign fund outflows restricted the rupee's rise, forex traders said.

published on : 6th June 2022
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