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September 27, 2022
Controlling CAD is important as it has an implication on growth because of its close ties to national investment and saving. It also affects exchange rates and thus influences the export competitiveness of an economy.
September 26, 2022
The domestic currency had breached the 81-mark for the first time on Friday.
September 23, 2022
At the interbank foreign exchange, the rupee opened at 81.08 against the greenback, then fell further to 81.23, registering a fall of 44 paise over its previous closing.
September 22, 2022
At end of trading on September 22, the rupee closed at 80.86 against the US dollar, its lowest ever, and about 7 per cent lower than in January. By the time you read this, it might well have breached 81.
September 22, 2022
The rupee falls 8 paise to 79.82 against the US dollar in early trade. Besides facing the impact of speculation on US Fed rate hike, the local currency also faced the heat of firm crude oil prices and a strong dollar in the overseas market
September 22, 2022
Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite.
September 11, 2022
The rupee rose 12 paise to close at 79.57 against the US dollar on Friday.
September 5, 2022
At the interbank foreign exchange, the rupee opened at 79.82 against the US dollar.
July 29, 2022
Rupee appreciated 30 paise to 79.39 against the US dollar in opening trade on Friday, buoyed by fresh foreign fund inflows into capital markets and a firm trend in the domestic equities.
July 21, 2022
Rupee, on Wednesday, for the first time settled below the 80-level against the US currency due to strong dollar demand from importers and fiscal slippage concerns.