Page 2 - Rupee Value News Today

Mumbai, The rupee recovered from its all-time low levels and appreciated by 7 paise to 83.02 against the US dollar in early trade on Friday as the American

Mumbai, The rupee depreciated 7 paise to 82.25 against the US dollar in early trade on Monday, tracking a strong American currency and outflow of foreign funds

Foreign Institutional Investors (FIIs) were net buyers in the capital market on Monday as they purchased shares worth Rs 922.89 crore, according to exchange data

In the subject of his Linkedin article, he urges parents to

The US economy is showing signs of slowing down, with other economies - especially China and India - catching up fast. Additionally, increased trade wars and sanctions by the US have accentuated the search for a new trade mechanism other than US Dollar. Rupee is in the race to become world’s reserve currency. Watch this Visual Story to see US dollars dominance and decline in the last 100 years.

The currency dropped 69 paise during the intra-day trade to close at 83.01.

The significant decline in the rupee has made studying abroad costlier.

The rupee opened at 82.19, then fell further to 82.43 and finally settled for the day at an all-time low of 82.32 against the American currency At the interbank foreign exchange market, registering a decline of 15 paise over its previous close.

Rupee rose by 24 paise to close at 81.49 against the US dollar on Friday.

The domestic currency had breached the 81-mark for the first time last week.