Rupee Depreciation

Thursday, Apr 18, 2024 | Last Update : 04:47 PM IST

India’s retail inflation rate slightly picked up to 3.77 percent in September, government data showed on Friday, driven by higher food and fuel prices and a depreciating rupee. (Photo: AP)

Retail inflation for September jumps to 3.77 pc on rising fuel, food prices

Retail inflation in August was 3.69 per cent.

12 Oct 2018 6:05 PM

The rupee climbed 9 paise to end at 74.12 per dollar on Thursday after tumbling to a fresh lifetime low in intra-day trade amid a sharp sell-off in global markets.

Rupee recovers after slumping to record low, up 9 paise against US dollar

Softening crude oil prices and the greenback weakening against other currencies provided support to the home unit.

11 Oct 2018 7:02 PM

The rupee slumped by 33 paise to finish at a fresh lifetime low of 74.39 against the US dollar on Tuesday on high crude oil prices, strengthening of the greenback and unabated foreign fund outflows. (Photo: DC)

Rupee slumps 33 paise to close at record low of 74.39 against US dollar

The domestic currency failed to sustain the momentum after Brent crude breached the USD 84 per barrel-mark.

09 Oct 2018 5:43 PM

The rupee slumped by 30 paise to finish at a fresh lifetime low of 74.06 against the US dollar on Monday amid strengthening of the greenback and steady capital outflows.

Rupee slumps 30 paise to close at record low of 74.06 against US dollar

The rupee had opened lower by 14 paisa against Friday's close of 73.76 in early trade as the US dollar.

08 Oct 2018 6:20 PM

The rupee dropped by another 14 paise to 73.90 per dollar in early trade on Monday as the US currency gained in global markets amid unabated foreign fund outflows.

Rupee falls 14 paise against US dollar in opening trade

The dollar strengthened after China's central bank eased its domestic policy to support the economy.

08 Oct 2018 10:30 AM

The Indian government on Saturday sought to assure investors that the government would not go back to regulating fuel prices, a day after oil company shares tumbled on concerns about a return to a regime that has hurt their profits in the past.

Govt seeks to reassure markets on deregulation of fuel prices

Shares in the companies fell more than 20 per cent to multi-year lows on Friday before recovering marginally.

07 Oct 2018 11:45 AM

The rupee tumbled 26 paise to end at a near two-week low of 72.91 against the US dollar on Monday amid a strengthening greenback and steady capital outflows.

Rupee slumps 26 paise to 72.91 vs USD, ends near 2-week low

Higher US Treasury yields, which rose above the 3 per cent mark, boosted the appeal for the dollar.

01 Oct 2018 7:31 PM

The rupee fell sharply by 29 paise to 72.49 against the dollar on Monday as the greenback strengthened overseas. (Photo: AP)

Rupee drops 29 paise to 72.49 against US dollar

Losses in domestic equities in volatile early trade also put pressure on the rupee.

24 Sep 2018 10:55 AM

The five-pronged strategy announced by the government to increase capital inflow into the country is unlikely to reverse the rupee depreciation, Moody's Investors Service said on Monday. (Photo: DC)

Govt steps to boost capital inflow unlikely to reverse Rupee slide: Moody's

The government also announced its intention to curb imports and reiterated its commitment to this year's fiscal deficit target.

24 Sep 2018 10:29 AM

The rupee on Friday surged by another 34 paise to close at a one-week high of 71.84 against the US dollar on positive macro data and hopes of policy intervention by the government to defend the volatile currency.

Rupee on recovery path, gains 34 paise to end at 1 week high against dollar

Extending gains for a second session, the domestic unit hit a session high of 71.53 in early trade.

14 Sep 2018 7:51 PM

PHDCCI president-designate Rajeev Talwar on Thursday expressed hope the rupee will stablise with pick up in the economic growth though the depreciating currency is "music to exporters" at present. (Photo: DC)

Falling Rupee 'music to exporters': PHDCCI president-elect Rajeev Talwar

Talwar, who is the CEO of realty major DLF, would be assuming the post of president of industry body PHDCCI next month.

13 Sep 2018 7:46 PM

Honda Cars India may have to go for yet another price increase if the rupee continues to be weak against the dollar, a top company official said.

May consider price hike if rupee remains weak against dollar: Honda

The rupee had crashed to an all-time low of 72.91 in morning trade on Wednesday.

13 Sep 2018 5:27 PM

US dollar ends sharply lower at 72.19 against Rupee

The US dollar ended sharply lower against the rupee at 72.18/19 per dollar.

12 Sep 2018 7:28 PM

The rupee weakened further to hit a fresh low of 72.48 against the US currency, falling 75 paise in late morning deals on Monday on rising crude oil prices, strengthening dollar and a widened current account deficit. (Photo: AP)

Rupee weakens further, hits fresh low to 72.64 against USD

The domestic unit witnessed intense volatility and traded between 72.07 and hit all-time low of 72.48.

10 Sep 2018 11:55 AM

The ongoing depreciation in rupee and high oil prices will help in the rebuilding efforts in flood-hit Kerala as remittances by the diaspora are going up, South-based lender Federal Bank said. (Photo: PTI)

'Weak Rupee, high oil prices to aid flood-hit Kerala as remittances go up'

The bank feels reverses in its asset quality may reflect in the December.

09 Sep 2018 12:23 PM

The Indian rupee on Thursday crashed below the 72-level for the first time ever on persistent global headwinds and concerns on macroeconomic front. (Photo: AP)

Rupee crashes below 72-mark for the first time ever against US dollar

Investors remained concerned over sustained foreign capital outflows.

06 Sep 2018 1:27 PM

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee pares gains, slips 7 paise to reach 71.82 against US dollar

Rupee continued to be ruled by speculation, pressured by crisis in emerging market currencies.

06 Sep 2018 12:00 PM

The Indian rupee's unabated fall continued for the sixth straight session Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sentiments.

Rupee falls for 6th day in a row, hits closing low of 71.75 on macro worries

The domestic unit plummeted to a historic low of 71.97 a dollar.

05 Sep 2018 7:47 PM

The country is moving towards becoming a "banana republic", the Shiv Sena alleged Wednesday, while lashing out at its senior ally BJP over the depreciating value of the rupee and all time high fuel prices. (Photo: AP)

Nation moving towards becoming a 'banana republic': Sena on Rupee fall

The fuel prices are sky-rocketing. Petrol will soon touch the Rs 100-mark.

05 Sep 2018 2:53 PM

The rupee crumbled by a staggering 37 paise to end at a fresh lifetime low of 71.58 against the resurgent dollar on Tuesday as persistent trade worries and macro concerns continue to proliferate.

Rupee tanks 37 paise to land up at fresh lifetime low of 71.58 against dollar

The rupee stretched its record fall for the fifth-straight session.

04 Sep 2018 7:06 PM

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Syed Ata Hasnain