The government has allowed international trade settlements in Indian rupees for export promotion schemes under the foreign trade policy.
November 9, 2022Citing the uncertainty in the global macro environment, the Indian rupee is likely to be under pressure, especially if crude prices remain elevated and global growth slows down.
July 5, 2022The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent, up at 92.18.
July 12, 2021From a technical perspective, the rupee is holding below its resistance level of Rs 72.50 to a dollar as well as trend resistance.
January 4, 2021The value of the country's gold reserves decreased, declining by $580 million to $37.440 billion.
September 26, 2020At the interbank forex market, it witnessed an intra-day high of 74.68 during the session and a low of 74.90 against the US dollar.
July 31, 2020Forex traders said positive domestic equities, foreign fund inflows and hopes of a COVID-19 vaccine supported the rupee.
July 21, 2020During the session, the rupee witnessed an intra-day high of 74.98 and a low of 75.25 against the US dollar.
July 17, 2020It opened lower at 75.23 per dollar against previous close of 75.14 and traded in the range of 75.15-75.29.
July 16, 2020It had settled at 74.93 against the US dollar on Tuesday.
July 8, 2020The domestic unit finally closed at 74.68 against the US dollar, down 2 paise over its previous close of 74.66 on Friday.
July 6, 2020It opened 10 paise higher at 75.48 per dollar versus previous close of 75.58.
June 30, 2020It had settled at 75.65 against the US dollar on Friday.
June 29, 2020Forex traders said risk appetite has waned amid spike in fresh coronavirus infections globally
June 26, 2020It finally settled at 75.66 against the US dollar, registering a rise of 37 paise over its previous close of 76.03.
June 23, 2020The rupee opened strong at 76.16 against the US dollar, and inched higher to touch 76.15 against the US dollar, up 5 paise over its previous close.
June 22, 2020The 30-share BSE benchmark Sensex was trading 343.30 points higher at 34,551.35 and broader NSE Nifty rose 105.30 points to 10,196.95.
June 19, 2020