Forex Market

Thursday, Apr 18, 2024 | Last Update : 10:54 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee opens at 76-mark, slips 32 paise against US dollar

Forex traders said risk appetite has waned and there is growing concern about a resurgence of COVID-19 infections

12 Jun 2020 12:00 PM

Rupee slips 21 paise to 75.85 against US dollar

The rupee opened weak at 75.83 at the interbank forex market and then fell further to 75.85, down 21 paise over its last close

08 Apr 2020 11:10 AM

The central bank has bought Rs 3 lakh crore of bonds this fiscal to support the market.

RBI buys USD 5 billion through forex swap auction

The RBI said it received USD 16.31 billion in bids for the auction for which the cut-off was set at 776 paise.

27 Mar 2019 9:05 AM

The equity, commodity and forex markets remained closed on Monday for Mahashivratri.

Global sentiments to guide market

There is a tug war between the bulls and bears around 200 DMA level, where the bears seem to prevail.

05 Mar 2019 1:01 AM

Rising for the third straight day, the rupee strengthened by 55 paise to settle at 73.57 against the US dollar on Friday, marking its biggest gain in over three weeks as global crude prices eased and domestic indices staged a smart rebound. (Photo: DC)

Rupee jumps over 3 weeks high, up 55 paise against US dollar

The government on Thursday hiked the import duty on certain communication items.

12 Oct 2018 7:03 PM

The currency in circulation (CiC), which increased exponentially after the note ban in November 2016 under which as many as 99.9 per cent of them returned to the system, has seen some slowdown in expansion since May this year likely due to higher fuel prices and Reserve Bank's intervention in forex market, says a report. (Photo: PTI)

'Currency in circulation slows down on spike in crude, RBI selling dollars'

Since the beginning of May 2018, currency in circulation has been in the range of Rs 19-19.6 trillion, says the report.

24 Sep 2018 3:36 PM

On Friday, the rupee had gained 34 paise to close at a one-week high of 71.84 against the US dollar.

Rupee again breaches 72-mark, down 81 paise in early trade

Rupee is trading at 72.65 against the dollar in early trade at the forex market.

17 Sep 2018 10:07 AM

A higher opening in the equity market and positive macro data released also supported the rupee's recovery.

Rupee strengthens by 50 paise against dollar in early trade

Rupee is trading at 71.68 against the dollar in early trade in the forex market.

14 Sep 2018 9:37 AM

Experts predict dip in rupee may go on

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

22 Aug 2018 4:49 AM

A higher opening of domestic equities supported the rupee.

Rupee up 14 paise against US dollar in early trade

Rupee is trading at 64.88 against the US dollar in early trade at the forex market.

10 Apr 2018 9:36 AM

Rupee is trading at 64.90 against US dollar at forex market on increased selling of greenback by exporters.

Rupee up 7 paise against dollar in early trade

A lower opening of the domestic equity market weighed on the domestic currency.

28 Mar 2018 10:00 AM

Rupee is trading at 64.96 against dollar at forex market on increased demand for US currency from importers.

Rupee down by 3 paise against dollar in early trade

A lower opening in domestic equities kept pressure on the domestic unit.

16 Mar 2018 9:58 AM

A higher opening in domestic equities capped the losses. (Photo: PTI).

Rupee slips 8 paise against dollar in early trade

Rupee is trading at 65.25 against the US dollar in early trade today at the forex market.

01 Mar 2018 9:58 AM

Dollar's gains against other global currencies weighed on the rupee.

Rupee hits 3-month low in opening trade

Rupee is trading at 65.10 against the US dollar to hit its three-month low in opening trade at forex market.

28 Feb 2018 9:50 AM

A weak dollar in global markets helped the rupee limit its losses.

Rupee down 4 paise against dollar in early trade

Rupee is trading at 64.83 against US dollar in opening trade at the forex market.

27 Feb 2018 9:59 AM

Dollar's weakness against other currencies overseas and early gains in domestic equity markets supported the rupee.

Rupee up 6 paise against US dollar in early trade

Rupee is trading at 64.67 against dollar at forex market on fresh selling of American currency by exporters.

26 Feb 2018 9:48 AM

The week started with a strong gap-up at 63.49 against weekend close of 63.63 at Interbank Foreign Exchange market. (Photo: PTI).

Rupee wobbles on gushing trade deficit woes amid rising crude

RBI, meanwhile fixed the reference rate for the dollar at 63.7183 and for the euro at 78.1441.

20 Jan 2018 5:54 PM

Country's foreign exchange reserves surged by USD 1.758 billion to mount a new record high of USD 411.124 billion in the week to January 5. (Photo: PTI)

Rupee in reversal mood after two-week rally

Home currency retreated sharply from a fresh three-year high and ended lower by 26 paise at 63.63.

13 Jan 2018 4:11 PM

This is the lowest closing for the home currency since October 10. (Photo: PTI).

Rupee plunges to 1 month low of 65.16, dives 22 paise

RBI, meanwhile, fixed the reference rate for the dollar at 65.0147 and for the euro at 75.7356.

10 Nov 2017 7:25 PM

The RBI is contemplating a transparent foreign exchange trading platform with a view to encouraging retail participation.

RBI mulls transparent foreign exchange trading platform

Such a mechanism will provide transparency while enhancing competition and lead to better pricing for customers, it said.

04 Oct 2017 5:38 PM

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Syed Ata Hasnain

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