Tag: US dollar

Rupee hits new low of 73.77 against US dollar

Sensex fell 465.63 points or 1.29 percent to 35,510 on the back of crude oil prices hitting multi-year highs and rupee touching record lows.

October 4, 2018

Indian Rupee breaches 73 mark, plunges to fresh all-time low

Besides strong demand for the American currency from importers, concerns of fears of rising fiscal deficit and capital outflows mainly weighed on the domestic currency.

October 3, 2018

Rupee ends at 1-week high of 72.48 against US dollar

Ongoing global trade war concerns and surging global crude prices caused some discomfort for the rupee and restricted the gains.

September 28, 2018

Rupee dives 43 paise as crude reclaims USD 80-mark

Concerns about new US tariffs on China weighed on the mood after Beijing walked away from trade talks with the US, stocking trade war escalation fears.

September 24, 2018

Rupee recovers 28 paise against US dollar in early trade

Meanwhile, the BSE benchmark Sensex recovered by 142.26 points, or 0.38 per cent, to 37,432.93 in opening trade Wednesday.

September 19, 2018

Government devises 5-step formula to contain rupee; PM to chair crucial meet today

Jaitley says external factors like US policies, trade war, and crude oil prices are impacting economies like India

September 15, 2018

Government, RBI to check rupee’s undue slide

The Indian rupee, which has been on a decline since early August against the US dollar, settled at a record closing level of 72.69 per greenback on Tuesday. 

September 12, 2018

Rupee sinks to new low, inches closer to 73 against USD

The domestic currency dropped 22 paise taking it to a new record low in morning trade amid surging crude oil prices and unabated foreign fund outflows.

September 12, 2018

Rupee recovers 9 paise against US dollar in early trade

Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and stressed that the domestic unit was better off as compared to other currencies.

September 6, 2018

Rupee fall continues, drops to fresh record low of 71.79 against US dollar

Falls 21 paise in late morning deals; trading on a volatile note, moving between a wide range of 71.40 and 71.79 against a USD

September 5, 2018

Rupee recovers from life-time low against US dollar, up 20 paise

The Sensex of the BSE after opening at 38,192.95 points touched a high of 38,234.77 points and a low of 38,174.73 points.

September 5, 2018

Rupee hits new all-time low of 71.37, now 16 paise down against US dollar

Opening at a record low of 71.24 against a dollar at the Interbank Foreign Exchange, down from its previous close of 71.21, the local currency weakened further to trade at a life-time low of 71.37 per dollar on Tuesday

September 4, 2018

Rupee recovers, up 23 paise against US dollar from record low

Official data released after market hours on Friday showed India's economy grew at a two-year high of 8.2 per cent in the April-June quarter of 2018-19 on strong performance of manufacturing and agriculture sectors

September 3, 2018

Indian rupee at all-time low, hits 71 against dollar for the first time

At the Forex market, the local currency opened lower at 70.95 a dollar and slipped further to hit its lifetime low of 71 from its previous close of 70.74.

August 31, 2018

US dollar declines amid Fed Chair Powell’s speech

The US dollar index decreased against other major currencies as Wall Street digested comments from US Federal Reserve Chairman Jerome Powell.

August 26, 2018

Rupee tumbles to record low against US dollar

Around 11 am, the rupee plunged to 70.08 to a US dollar. However, soon afterward the Reserve Bank of India (RBI) is said to have intervened in the open market to curb the rupee's free fall.

August 14, 2018

Global cues, weak rupee depress equity indices; rupee hits fresh low

At 3.30 p.m., the wider NSE Nifty50 provisionally closed at 11,355.75 points, lower by 73.75 points or 0.65 per cent from its previous close.

August 13, 2018