Currency

Dollar Hits Fresh 1 Month Low

Dollar Hits Fresh 1 Month Low

Reuters | Tuesday May 24, 2022, LONDON

The dollar hit a fresh one-month low on Tuesday as the euro extended gains

Rupee Recovers And Gains A Touch, A Day After Closing At Its Weakest Ever

Rupee Recovers And Gains A Touch, A Day After Closing At Its Weakest Ever

Edited by Rahul Karunakar | Friday May 20, 2022

The rupee recovered to gain a touch on Friday, tracking a weaker dollar and a robust rally in domestic stocks which made a stunning comeback from deep losses in the previous session driven by an increase in risk appetite after China cut a key lending benchmark to support its economy.

Rupee Ends At An All-Time Low, 5th Record Weak Close In 10 Days

Rupee Ends At An All-Time Low, 5th Record Weak Close In 10 Days

Edited by Rahul Karunakar | Thursday May 19, 2022, New Delhi

The rupee closes at a new all-time low of 77.73 against the dollar, the fifth record weak close in the last 10 trading sessions.

Rupee Extends Losses, A Day After A New All-Time Low Close As Risk Sentiment Remains Fragile

Rupee Extends Losses, A Day After A New All-Time Low Close As Risk Sentiment Remains Fragile

Edited by Rahul Karunakar | Thursday May 19, 2022

The rupee extended its losses into early Thursday after closing at a new all-time low, even as the dollar took a breather after heavy gains and as global stocks tumbled on increasing concerns that aggressive tightening by global central banks could choke growth.

Rupee Closes At A New All-Time Low, Tracking Higher Oil And A Reversal In Stocks' Rally

Rupee Closes At A New All-Time Low, Tracking Higher Oil And A Reversal In Stocks' Rally

Edited by Rahul Karunakar | Wednesday May 18, 2022

The rupee closed at a new all-time low of about 77.58 against the dollar on Wednesday, tracking a rise in crude prices and a reversal in domestic stocks, with the two-day relief rally in equity benchmarks coming to an end.

Rupee's Latest Record Lows Are Ominous Signs For Nosediving Forex Reserves

Rupee's Latest Record Lows Are Ominous Signs For Nosediving Forex Reserves

Edited by Rahul Karunakar | Wednesday May 18, 2022

India's foreign exchange reserves have nosedived since the rupee started to hit new all-time lows in March, days after Russia invaded Ukraine, which resulted in massive capital outflows from emerging markets assets as investors sought safe-haven assets.

Rupee Starts On A Weak Note, With Risks Tilted To More Downside; RBI Eyed

Rupee Starts On A Weak Note, With Risks Tilted To More Downside; RBI Eyed

Edited by Rahul Karunakar | Wednesday May 18, 2022

The rupee started on a weak note as crude prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China, and persistent foreign fund outflows weighed on investor sentiment.

Rupee weakens To A New All-Time Low Of 77.69; Markets Eye RBI

Rupee weakens To A New All-Time Low Of 77.69; Markets Eye RBI

Edited by NDTV Business Desk | Tuesday May 17, 2022

The rupee weakened to a new all-time low of 77.69 against the dollar early on Tuesday, even as the US currency fought for a footing as investors trimmed bets on whether interest rate rises will drive further dollar gains.

Widening Trade Deficit Trend To Pressure Rupee Further: Acuite Ratings

Widening Trade Deficit Trend To Pressure Rupee Further: Acuite Ratings

Edited by Rahul Karunakar | Monday May 16, 2022

"Higher trade...have put pressure on the rupee, which has already breached the INR/USD 77.0 mark and may touch 78.0 shortly," noted Acuite Ratings.

Market Cues Point To More Pain Ahead For India Assets: Key Highlights

Market Cues Point To More Pain Ahead For India Assets: Key Highlights

Edited by Rahul Karunakar | Sunday May 15, 2022

Indian equities and the rupee face more pain ahead after a broad and deep slump since the war on the edge of Europe as stagflation, which was considered a fallout of the Russia-Ukraine crisis, is fast becoming the baseline scenario.

Rupee Falls 15 Paise To Settle At 77.40 Against US Dollar

Rupee Falls 15 Paise To Settle At 77.40 Against US Dollar

Press Trust of India | Thursday May 12, 2022, Mumbai

Snapping its two-day winning streak, the rupee slumped by 15 paise to end at 77.40 (provisional) against the US dollar on Thursday, following risk-off sentiments amid increasing concerns over inflation globally.

Rupee Slips To Fresh Record Low Of 77.59 Against US Dollar

Rupee Slips To Fresh Record Low Of 77.59 Against US Dollar

Edited by Prashun Talukdar | Thursday May 12, 2022, New Delhi

The Indian rupee on Thursday plunged 30 paise to hit an all-time low of 77.55 in opening trade against the U.S. dollar amid a broader decline in Asian currencies and a lacklustre trend in the domestic equity markets.

Rupee Rises By 10 Paise To Settle At 77.24 Against US Dollar

Rupee Rises By 10 Paise To Settle At 77.24 Against US Dollar

Press Trust of India | Wednesday May 11, 2022, Mumbai

The rupee appreciated further by 10 paise to settle at 77.24 (provisional) against the US dollar on Wednesday as the American currency retreated from its 20-year high levels.

Rupee Gains, But Reversal Risks High On Capital Outflows From Fed Hikes

Rupee Gains, But Reversal Risks High On Capital Outflows From Fed Hikes

Edited by Rahul Karunakar | Wednesday May 11, 2022

The rupee strengthened early on Wednesday following a reversing of losses in the previous session, a day after closing at its all-time low of 77.44 against the dollar.

Rupee Recovers To 77.32 A Day After New All-Time Low Of 77.44

Rupee Recovers To 77.32 A Day After New All-Time Low Of 77.44

Edited by Rahul Karunakar | Tuesday May 10, 2022

The rupee recouped some of its losses and ended on Tuesday at 77.32 against the dollar, a day after melting to its all-time low of 77.44.