Tag: US dollar
17 Results
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Rupee slips 6 paise against US dollar
Traders said dollar's strength against some currencies overseas and fresh demand of the US currency from importers weighed on investor sentiment.
July 16, 2018 -
Rupee to remain in 68-72/US Dollar range in short term: UBS
The Indian rupee is expected to remain in the 68-72 range against the US dollar in the short term on rising external risks.
July 3, 2018 -
Rupee crashes to 19-month low on oil scare, trade war worries
The local currency also fell back against the pound sterling to finish at 90.45 per pound from 90.38 earlier.
June 27, 2018 -
Rupee falls 12 paise to 68.11 vs US Dollar
The rupee tumbled by 12 paise to a fresh three-week low of 68.11 against the US dollar in late morning trade on Tuesday on sustained demand for the American currency from importers and banks amid lower local equities. The rupee opened a tad higher against yesterday’s closing level of 67.99 at the inter-bank foreign exchange …
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June 19, 2018 -
Rupee at three-week low; down 36 paise against US dollar
The rupee plunged by 36 paise to hit a three-week low of 67.98 against the US dollar in early trade today following strong demand for the greenback amid sustained foreign capital outflows.
June 15, 2018 -
Rupee sheds 10 paise against USD ahead of macro data
The rupee depreciated by 10 paise to 67.52 against the US dollar in early trade today ahead of release of key IIP and inflation data.
June 12, 2018 -
Rupee rises 21 paise against US dollar in early trade
Maintaining its uptrend for the fourth straight day, the rupee strengthened by 21 paise to a fresh one-month high of 66.85 against the dollar in early trade today on increased selling of the greenback by exporters and banks.
June 4, 2018 -
RBI sets rupee reference rate at 67.4430 against dollar
The Reserve Bank of India on Monday fixed the reference rate of the rupee at 67.4430 against the US dollar and 79.0027 for the euro. The corresponding rates were 68.2600 and 79.8847, as on MAY 25. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 89.8880 …
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May 28, 2018 -
Rupee surges 39 paise against US dollar in early trade
The rupee strengthened by 39 paise to 67.39 against the dollar at the interbank forex market on 28 May on fresh selling of the greenback by exporters and banks.
May 28, 2018 -
RBI sets rupee reference rate at 68.2139 against dollar
The Reserve Bank of India on Wednesday fixed the reference rate of the rupee at 68.2139 against the US dollar and 80.2400 for the euro. The corresponding rates were 68.0187 and 80.0716, as on yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 91.4271 and …
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May 23, 2018 -
Intervene to check volatility of rupee
At the advent of the new economic policy and globalisation in 1991, the traded at 17.5 to the US dollar. Since then, it has not gained any strength till date. In the last three months the rupee has depreciated from 64 to 67.7 to the dollar. Prior to globalization, the value of the rupee in …
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May 21, 2018 -
RBI sets rupee reference rate at 66.7681 against US dollar
The Reserve Bank of India on Friday fixed the reference rate of the rupee at 66.7681 against the US dollar and 79.9682 for the euro. The corresponding rates were 66.6093 and 79.8579, yesterday. The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 90.5843 and 61.17 …
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May 4, 2018 -
Rupee gains 13 paise against dollar in early trade
The rupee firmed by 13 paise to 66.53 against the dollar in early trade on Thursday increased selling of the greenback by exporters and banks. Forex dealers said weakness in the dollar against some other currencies overseas, after the US Federal Reserve reaffirmed the outlook for more rate hikes this year, supported the rupee. The …
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May 3, 2018 -
US dollar rises ahead of Fed announcement
The US dollar index on Tuesday increased against other major currencies in late trading as investors expect the Federal Reserve meeting to pave the way for a US rate hike this year. In late New York trading, the euro fell to $1.1996 from $1.2081 in the previous session, and the British pound was down to …
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May 2, 2018 -
US dollar falls amid GDP report
The US dollar index decreased against most other major currencies after wavering between gains and losses, as investors digested the country's newly-released economic growth report for the first quarter of 2018.
April 28, 2018 -
Rupee falls for 6th day, crumbles 36 paise to 66.48 vs US dollar
Extending its losing run for the sixth straight session, the rupee on Monday plummeted by a staggering 36 paise to hit a fresh 13-month low of 66.48 against the US dollar as rising crude prices and sustained foreign fund outflows led to subdued forex market sentiment.
April 23, 2018 -
Rupee opens flat against US dollar
The rupee edged marginally higher by 1 paisa to 65.19 against the US dollar in early trade ahead of the Federal Reserve’s policy decision on Wednesday. Besides, the dollar’s weakness against some currencies overseas, fresh selling of the American currency by exporters as well as banks supported the rupee, forex dealers said. A higher opening …
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March 21, 2018