Page 6 - Rupee Value News Today

Indian Rupee plummets to all-time low against US Dollar - The rupee continued the trend from Friday when it had plunged 55 paise against the US dollar to close at 76.90.

Rupee value, rupee coin value, dollar value, russia ukraine news, russia ukraine live, russia ukraine live updates, russia ukraine news updates

Traders said after the initial fall in the dollar/rupee, importers and banks rushed to purchase the greenback amid the ongoing geopolitical risks.

The rupee had lost more than 16 per cent since January and plunged to 74.43 last week to the dollar, making it the worst emerging market currency.

New Delhi: Rising costs have affected the financial health of regular middle-class people in India, from everyday necessities like tomatoes, milk, and edible oils to transportation fuels.

Snapping its two-day decline, the rupee opened higher at 72.71 against its record closing low of 72.98 Tuesday and touched a session high of 72.34 in day trade as crude oil prices eased globally.

The rupee Wednesday rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters and banks.

Local unit trades in narrow range, eyes US inflation data and ECB meeting

The rupee fell 8 paise to close at 72.99 (provisional) against the US dollar on Friday, with forex market participants weighing RBI policy measures aimed at mitigating the COVID-19 impact on the econo

The rupee snapped its three-day losing streak and closed 18 paise higher at 72.91 (provisional) against the US dollar on Thursday, supported by positive domestic equities. Market participants remained