Rupee Vs Dollar

Rupee Moves Higher To Close At 73.32 Against Dollar: 10 Things To Know

Business | NDTV Profit Team | Friday October 19, 2018

The rupee rose against the dollar to close at 73.32 on Friday. That meant a recovery of 29 paise from Wednesday's close of 73.61, and a weekly gain of 25 paise against the greenback. Selling of the dollar by exporters amid a fall in crude oil prices along with weakness in the American currency overseas supported the rupee, according to analysts. Th...

Rupee Recovers Early Losses, Rises 19 Paise Against US Dollar

Business | Press Trust on India | Friday October 19, 2018

Brent crude prices fell around 1% to near one-month low of $79.29 barrel Thursday. The benchmark oil was trading near $79.45 barrel in early trade.

Rupee Edges Lower To Close At 73.61 Against Dollar

Business | Press Trust of India | Wednesday October 17, 2018

INR vs USD: The US dollar strengthened against its rivals ahead of the Federal Reserve's release of minutes from the September meeting.

Rupee Closes Near 2-Week High, Climbs 35 Paise Against Dollar

Business | Press Trust of India | Tuesday October 16, 2018

INR vs USD: Forex dealers said bullish trend in the equity market as well as easing crude oil prices supported the rupee's upward movement.

Rupee Closes At 73.83 Against Dollar, Breaks 3-Day Rising Streak: 10 Things To Know

Business | NDTV Profit Team | Monday October 15, 2018

Snapping its three-session gaining streak, the rupee closed 26 paise lower at 73.83 against the US dollar on Monday, reported news agency Press Trust of India (PTI). The domestic currency fell after crude prices rose amid intensifying geopolitical tensions. A spurt in dollar demand from importers also dragged down the local currency, dealers said. ...

Government Considering More Import Curbs To Prop Up Rupee: Report

Business | Shruti Srivastava and Siddhartha Singh, Bloomberg | Thursday October 11, 2018

The government is trying to curb overseas shipments to prevent a further widening of the current-account deficit and stem the fall of the rupee. The currency, which has been plummeting for six straight months in the longest stretch since 2002, is seen hitting 75 per dollar by year-end, according to median of 10 analysts surveyed by Bloomberg.

NRI Deposits Among Options Available With Government To Tackle Rupee, Says Source

Business | NDTV Profit Team | Thursday October 11, 2018

The domestic equity markets nosedived as much as 3 per cent in intraday trade on Thursday, after a selloff in global peers.

Rupee Hits New All-Time Low, Closes Mildly Higher Against Dollar: 10 Points

Business | NDTV Profit Team | Thursday October 11, 2018

The rupee closed marginally higher against the dollar on Thursday. At 74.12 per dollar, the rupee registered a gain of 9 paise against the greenback for the day, as against the previous close of 74.21. The rupee touched a fresh all-time low of 74.50 against the American currency, before recovering all of the day's losses by the end of the session. ...

Orderly Rupee Depreciation To Increase Competitiveness, Says World Bank Official

Business | Press Trust of India | Thursday October 11, 2018

The remarks by Martin Rama, the Chief Economist for the South Asia region at the World Bank, came as the rupee hit an all-time low of 74.45 against the US dollar on Thursday. Elevated oil prices, a recent hike in agricultural support prices, and further exchange rate depreciation, could keep the inflation outlook challenging, possibly resulting in ...

Rupee Fall Has A Surprising New Reason: Not Oil, But RBI

Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Wednesday October 10, 2018

Reserve Bank of India Governor Urjit Patel's comments Friday that the rupee's drop is moderate in comparison to emerging market peers and that the central bank doesn't have any target in mind unnerved investors who were expecting the authority to boost its defense of Asia's worst-performing major currency.

Rupee Logs Mild Gain Against Dollar After 6 Days Of Fall

Business | Agencies | Wednesday October 10, 2018

The mild recovery in the rupee comes after some weakness in the dollar against major currencies overnight.

No Respite In Sight For Battered Rupee In Coming Year: Survey

Business | Thomson Reuters | Wednesday October 10, 2018

A majority, 27 of 48 analysts, said the risks were skewed more towards the rupee strengthening against the greenback over the next year.

Government Considering Tapping NRIs To Prop Sliding Rupee: Report

Business | Anto Antony and Siddhartha Singh, Bloomberg | Wednesday October 10, 2018

Centre seeks to boost flows to support rupee that has dipped more than 14% against the dollar this year.

Rupee Falls To All-Time Closing Low Of 74.39 Against Dollar: 10 Points

Business | NDTV Profit Team | Tuesday October 9, 2018

The rupee shed 33 paise to close at a life-time low of 74.39 against the dollar on Tuesday. A surge in crude oil prices and strength in the dollar overseas pulled the rupee lower amid weakness in emerging market currencies, say analysts. The rupee had started the session on a stronger note, and hit an intraday high of 73.88 against the greenback in...

Rupee Hits Lifetime Low Of 74.27 Against Dollar: 10 Things To Know

Business | NDTV Profit Team | Tuesday October 9, 2018

The rupee reversed all of its gains against the US dollar to hit a lifetime low of 74.27 in afternoon trade on Tuesday. A surge in crude oil prices and strength in the American currency overseas pulled the rupee lower. The rupee had started Tuesday's session on a higher note by opening at 73.93 against the dollar, and then advancing to 73.88 on fre...