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Indian rupee settles on flat note at 82.82 against US dollar

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

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Rupee in race to become world's reserve currency; Watch US dollars dominance and decline in last 100 years

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 dollar's dominance and decline in the last 100 years.

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Rupee falls 15 paise to close at all-time low of 82.32 against US dollar

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.

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Rupee hits record low of 81.93 against US dollar

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

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