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Rupee declines 5 paise to 83.33 against US dollar

At the interbank foreign exchange, the domestic unit opened weak at 83.30 against the dollar and then further slipped to 83.33, registering a fall of 5 paise over its previous close.

United-states , American , Rupee , Upee-vs-dollar , Upee-dollar , S-dollar , Ndian-rupee , Upee-news ,

Rupee trades in narrow range against US dollar

At the interbank foreign exchange, the rupee opened at 83.33 against the dollar and touched an early low of 83.34 in initial trade, registering a fall of 5 paise over its previous close. It was later trading at 83.31 against the American currency.

India , United-states , American , Kumar-bhansali , Finrex-treasury-advisors , Reserve-bank , Anil-kumar-bhansali , Executive-director-finrex-treasury-advisors , Institutional-investors , Indian-rupee , Upee-dollar , Ollar-to-rupee

Bangladesh, Sri Lanka among other countries want to start rupee trade with India: Piyush Goyal

The minister added that gradually countries are realising that undertaking trade in domestic currencies has several advantages.

Nepal , Russia , Bhutan , Sri-lanka , India , Singapore , Far-east , Indian-rupee , Foreign-trade-policy , Reserve-bank , Piyush-goyal

Rupee jumps 21 paise to settle at 83.12 against US dollar

The rupee gained as the American currency weakened after US Inflation eased to its lowest level since September 2021

United-states , American , Praveen-singh , Fundamental-currencies , Foreign-institutional-investors , Rupee-dollar-value , Upee-dollar , Ollar-value , Upee-jump-today , Quity-markets , Upee-value-against-dollar

Rupee falls below 83 against dollar again

Moreover, foreign fund outflows from the domestic equity markets also weakened the local currency. The rupee has breached the 83-level against the dollar for the fifth time since August 14.

China , United-states , Chinese , American , Anindya-banerjee , Kotak-securities-ltd , Currency-derivatives , India-rupee , Ndian-rupee-us-dollar , Ndian-rupee-value , Upee-dollar , Ndian-express-business

Rupee ends at record low against US dollar

US bond yields surged to a 15-year peak, driven by robust economic data that dispelled assumptions of a US Federal Reserve pause or reversal in interest rate hikes.

Thailand , Malaysia , United-kingdom , Indonesia , Japan , Taiwan , Philippines , China , Chinese , Malaysian , Thai , Japanese

Cash-strapped Pakistan's central bank hikes key rate by 100 bps to record 21%

Rupee in economic-crisis Pakistan touched to a record low. The PKR, in the interbank market, closed at 287.29 against the US dollar, 0.78 per cent, or Rs 2.25, down from previous close

Pakistan , Islamabad , Pakistani , Fund-facility , International-monetary-fund , State-bank , Extended-fund-facility , Akistan-inflation , Tate-bank-of-pakistan , Bp , Akistan-central-bank

India's Forex Reserves Drop By $5.68 Billion To $561.26 Billion

India's forex reserves dropped by $5.681 billion to $561.267 billion for the week ended February 17, the RBI said on Friday.

India , Weekly-statistical-supplement , Special-drawing-rights , India-forex , Ndia-foreign-reserves , Orex-india , Upee-dollar ,

IMF warns central banks against taking this one step as they fight strong US dollar

Currently, the dollar is at its highest level since 2000, having appreciated 22% against the yen, 13% against the Euro, and 6% against emerging market currencies since the start of this year.

United-states , India , America , Pierre-olivier-gourinchas , Gita-gopinath , International-monetary-fund , Federal-reserve , Deputy-managing-director , Economic-counsellor , Us-dollar , Mf , Ndian-rupee

Rupee falls 38 paise to all-time low of 82.68 against US dollar

The rupee depreciated 38 paise to an all-time low of 82.68 against the US dollar in early trade on Monday (October 10). 

India , Ukraine , Ranen-banerjee , Economic-advisory-services-at-pwc-india , Advisory-services , Pwc-india , Indian-rupee , Rupee , Ndia-rupee , Upee-all-time-low , Upee-dollar , Ndian-rupee-dollar