Rupee Against Dollar

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.

The Pakistani rupee continued its month-long run of devaluation, with the currency trading at its all-time low of Rs 200 against the US dollar on Thursday.

The Pakistani rupee dropped to a new historic low in the interbank market amid increasing political pressure on the government to announce an early election.

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.

The Reserve Bank of India sold a net $20.1 billion in the spot foreign exchange market in the month of March to support the rupee against the US dollar, its monthly bulletin showed on Tuesday.

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.

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.

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.

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.

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.

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.

The rupee slumped 57 paise to close at 76.92 (provisional) against the US dollar on Friday, weighed down by a strong American currency overseas and firm crude oil prices.

Goldman Sachs has issued its first loan, collaterised by Bitcoin. The details of the borrower involved in this transaction remains undisclosed. A Bitcoin-backed loan allows the asset holder to borrow fiat currency like Rupees or Dollars against their Bitcoin holdings. The bank had begun researching on Bitcoin-backed loans around December last year.

The rupee declined 26 paise to close at 76.68 against the US dollar on Monday

The rupee declined on Monday, tracking a broader sell-off in risk assets following hawkish comments from the US Federal Reserve, indicating a more significant and faster rate hikes path.

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.

The Pakistani rupee continued its month-long run of devaluation, with the currency trading at its all-time low of Rs 200 against the US dollar on Thursday.

The Pakistani rupee dropped to a new historic low in the interbank market amid increasing political pressure on the government to announce an early election.

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.

The Reserve Bank of India sold a net $20.1 billion in the spot foreign exchange market in the month of March to support the rupee against the US dollar, its monthly bulletin showed on Tuesday.

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.

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.

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.

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.

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.

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.

The rupee slumped 57 paise to close at 76.92 (provisional) against the US dollar on Friday, weighed down by a strong American currency overseas and firm crude oil prices.

Goldman Sachs has issued its first loan, collaterised by Bitcoin. The details of the borrower involved in this transaction remains undisclosed. A Bitcoin-backed loan allows the asset holder to borrow fiat currency like Rupees or Dollars against their Bitcoin holdings. The bank had begun researching on Bitcoin-backed loans around December last year.

The rupee declined 26 paise to close at 76.68 against the US dollar on Monday

The rupee declined on Monday, tracking a broader sell-off in risk assets following hawkish comments from the US Federal Reserve, indicating a more significant and faster rate hikes path.