Indian Rupee

RBI, UAE central bank in talks for trade settlement in Indian rupee

As per commerce ministry data, in June-October period, India’s  non-oil exports to the UAE rose  8% to $9.69 billion, while the global non-oil exports fell by 2% during the period.

published on : 28th November 2022

African countries keen to trade in Indian rupee

Experts observing India’s foreign trade say that overseas business in Indian currency will give a big boost to Indian economy.

published on : 25th November 2022

Rupee gains 30 paise to close at 81.63 against US dollar

On Wednesday, the rupee depreciated 26 paise to close at 81.93 against the US currency.

published on : 24th November 2022

Rupee gains 12 paise to close at 81.67 against US dollar

At the interbank foreign exchange market, the local unit opened at 81.72 and touched an intra-day high of 81.64 and a low of 81.83 against the greenback.

published on : 22nd November 2022

Rupee falls 15 paise to 80.93 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.49 per cent to 106.80.

published on : 14th November 2022

Rupee falls 17 paise to 81.64 against US dollar

At the interbank foreign exchange, the domestic unit opened at 81.61 against the dollar, then lost further ground to quote at 81.64, registering a loss of 17 paise over its previous close.

published on : 10th November 2022

Rupee gains 45 paise to close at 81.90 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.31 per cent to 110.52.

published on : 7th November 2022

Rupee soars 53 paise to 82.35 against US dollar

Asian currencies strengthened along with Asian stock markets amid speculation that China will relax its strict anti-COVID measures.

published on : 4th November 2022

Rupee falls 10 paise to close at 82.90 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 1.39 per cent to 112.89.

published on : 3rd November 2022

Rupee falls 19 paise to close at 82.78 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.28 per cent to 111.17.

published on : 2nd November 2022

Rupee gains 10 paise to close at 82.71 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.49 per cent to 110.98.

published on : 1st November 2022

Rupee falls 31 paise to close at 82.78 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.28 per cent to 111.05.

published on : 31st October 2022

Rupee rises 34 paise to close at 82.47 against US dollar

In the previous session on Tuesday, the rupee appreciated by 7 paise to 82.81 against the dollar.

published on : 27th October 2022

Rupee rises 4 paise to close at 82.75 against US dollar

At the interbank foreign exchange market, the local currency opened at 82.89 and witnessed a high of 82.59 and a low of 82.91.

published on : 21st October 2022

Rupee bounces back by 25 paise to close at 82.75 against US dollar

At the interbank forex market, the local unit opened weak at 83.05 against the greenback but later lost ground to quote at 83.29.

published on : 20th October 2022

Rupee plunges 61 paise to dip below 83-mark for first time against dollar

At the interbank foreign exchange market, the local currency opened strong at 82.32 but later pared gains to settle at an all-time low of 83.01(provisional) against the American currency.

published on : 19th October 2022

Rupee falls 7 paise to close at 82.37 against US dollar

The dollar index, which measures the greenback's strength against a basket of six currencies, rose 0.18 per cent to 112.24.

published on : 18th October 2022

Rupee falls 11 paise to close at 82.30 against US dollar

At the interbank foreign exchange market, the local currency opened lower at 82.33 and later fell to a low of 82.42.

published on : 17th October 2022

IMF asks countries to preserve vital foreign reserves amidst appreciating dollar

Although emerging market central banks have stockpiled dollar reserves in recent years, reflecting lessons learned from earlier crises, these buffers are limited and should be used prudently.

published on : 15th October 2022

Rupee may breach 83/USD level this week on rising oil prices, hawkish Fed stance

Indian rupee is soon expected to breach the 83 per US dollar mark on account of rising oil prices and US Federal Reserve’s hawkish stance on future key interest rate hikes.

published on : 11th October 2022
1 2 3 >