Interbank Foreign Exchange

Wednesday, May 01, 2024 | Last Update : 02:20 PM IST

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Rupee finally settled at 70.34, higher by 10 paise from the previous close on Wednesday.

Rupee rises for 2nd straight day; settles up 10 paise at 70.34 vs USD

Forex traders said the rupee strengthened after the RBI announced a plan to conduct the open market operation.

15 May 2019 6:02 PM

At the interbank foreign exchange market, the rupee opened strong at 70.43 against the US currency. During the day, the local unit moved in a range of 70.51 to 70.30.

Rupee recovers 7 paise along with stocks, ends at 70.44 vs USD

Stock markets cut short their nine-day losing streak with the benchmark BSE Sensex closing 0.61 per cent higher.

14 May 2019 7:07 PM

The rupee opened sharply lower at 70.16 and fell further to touch over two-month low of 70.53 at the interbank foreign exchange.

Rupee crashes to over 2-month low on foreign fund outflows

An unabated sell-off in domestic equity markets also weighed on the domestic currency, forex dealers said.

13 May 2019 6:51 PM

According to media reports, the US Treasury Department may name Vietnam as a currency manipulator and is expected to remove India and South Korea from its watch list.

Rupee snaps 4-day losing streak; inches up 2 paise to 69.92 vs USD

Forex traders said rupee recovered amid reports that US is expected to remove India from its currency manipulation watch list.

10 May 2019 6:23 PM

The rupee opened weak at 70.04 at the interbank forex market and then fell further to 70.07 against the American currency, down 13 paise over its last close.

Rupee slips 13 paise to 70.07 vs USD in early trade

Forex traders said, rising oil prices and strengthening of dollar against rival currencies overseas pulled down Rupee.

10 May 2019 10:09 AM

Rupee skids 18 paise to 69.89 vs USD in early trade

The rupee opened weak at 69.70 at the interbank forex market and then fell further to 69.89, down 18 paise over its last close.

09 May 2019 10:20 AM

The rupee opened weak at 69.57 at the interbank forex market and then fell further to 69.64, down 21 paise over its last close.

Rupee slips 21 paise to 69.64 vs USD in early trade

Forex traders said heavy selling in domestic equities and rising crude oil prices kept pressure on rupee.

08 May 2019 10:04 AM

The rupee came under pressure following a massive selloff in the domestic equity markets.

Rupee slips to 69.43 against US dollar

Rupee fell due to fag-end dollar demand from banks and importers amid sustained foreign fund outflows.

07 May 2019 6:25 PM

At the interbank foreign exchange market, Rupee opened at 69.40 against the dollar, then gained momentum and touched 69.36.

Rupee rises 4 paise to 69.36 vs USD in early trade

Rupee rise was driven by weakening of the greenback and positive opening in domestic equities.

07 May 2019 10:27 AM

Forex traders said, the US President Donald Trump on Sunday threatened to raise tariffs on USD 200 billion worth of Chinese goods and this in turn impacted investor sentiment in the currency market.

Rupee slips 24 paise to 69.46 vs USD in early trade

The rupee opened weak at 69.38 at the interbank forex market and then fell further to 69.46, down 24 paise over its last close.

06 May 2019 9:59 AM

The rupee opened strong at 69.38 at the interbank forex market, then gained further ground and touched 69.24, displaying gains of 13 paise over its last close.

Rupee rises 13 paise to 69.24 vs USD in early trade

Forex traders said weakening of the greenback in overseas markets coupled with sustained foreign fund inflows aided the Rupee.

03 May 2019 10:41 AM

Meanwhile, foreign institutional investors (FIIs) remained net buyers in capital markets, putting in Rs 114.59 crore on Tuesday, according to provisional exchange data.

Rupee rises 9 paise to 69.47 vs USD in early trade

At interbank foreign exchange, rupee opened on a weak note at 69.60, but gathered momentum and rose to a high of 69.47.

02 May 2019 10:16 AM

The rupee opened strong at 69.83 at the interbank forex market, then gained further ground to touch 69.70 per dollar.

Rupee rises 32 paise to 69.70 vs USD in early trade amid easing crude prices

Currency market was shut on Monday due to general elections in Mumbai.

30 Apr 2019 10:39 AM

Forex traders said the greenback's weakness against key rivals overseas, sustained foreign fund inflows and heavy buying in domestic equities also supported the rupee upmove.

Rupee rises 23 paise to 70.02 vs USD as crude oil recedes from 6-month high

At the interbank foreign exchange market, the domestic unit opened at 70.12 and advanced to a high of 69.97 during the day.

26 Apr 2019 6:00 PM

The rupee opened strong at 70.12 at the interbank forex market, then gained further ground to touch 70.09 per dollar, displaying gains of 16 paise.

Rupee rises 16 paise to 70.09 vs USD in early trade

Forex dealers said, easing crude prices, sustained foreign fund inflows and dollar selling exporters supported the rupee.

26 Apr 2019 9:59 AM

"Rising crude and Dollar Index weighed on the rupee. Besides stronger crude oil prices, weakness in Asian currencies weighed on rupee," V K Sharma, Head PCG & Capital Markets Strategy, HDFC Securities, said.

Rupee dives to 6-week low as crude spikes above USD 75 per barrel

Besides, a strengthening dollar against some major currencies also weighed on the Rupee, forex dealers said.

25 Apr 2019 6:46 PM

At the Interbank Foreign Exchange (forex), the rupee opened sharply lower at 69.80 and further fell to a four-month low of 69.97.

Rupee falls by 24 paise on strong dollar demand

Foreign fund inflows and strong gains in equity markets helped Rupee reverse some of the losses before close.

24 Apr 2019 7:36 PM

At the Interbank Foreign Exchange (forex) market, the domestic unit opened at 69.48. The local unit moved in a range of 69.61 to 69.33 before finally ending at 69.35, a rise of 25 paise over its previous close.

Rupee logs first gain in four days, recovers 25 paise against dollar

On a weekly basis, the Rupee saw a 18 paise decline.

18 Apr 2019 6:50 PM

At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 69.55 and fell further to touch the day's low of 69.69. It finally ended at 69.60 per dollar, down by 18 paise against its previous close.

Rupee slips for 3rd day down 18 paise to 69.60 against dollar

The local currency has depreciated by 68 paise in the last three days.

16 Apr 2019 7:00 PM

"Rupee continues to consolidate in a holiday-truncated week," said V K Sharma, Head PCG & Capital Markets Strategy, HDFC Securities.

Rupee drops 25 paise to close at 69.42 vs USD

At the Interbank Foreign Exchange, rupee opened at 69.07 a dollar and fell further to touch the day's low of 69.46.

15 Apr 2019 6:02 PM

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Bhopinder Singh