Rupee | The Asian Age

Thursday, Jan 21, 2021 | Last Update : 02:12 PM IST

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Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.

Slowing Indian economy spells tough times ahead for the rupee: report

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

07 Nov 2019 9:47 AM

At the interbank foreign exchange market, the rupee opened at 70.80 and fell to 71.01 against the US dollar intra-day. The local unit finally settled at 70.97, down 28 paise over its previous closing.

Rupee settles 28 paise down at 70.97 against US dollar

Weakening of the US dollar vis-a-vis other currencies and easing crude oil prices restricted the fall, forex brokers said.

06 Nov 2019 5:47 PM

Weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices supported the domestic unit and restricted the fall.

Rupee slips 15 paise to 70.84 against USD in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.07 per cent to 97.91.

06 Nov 2019 10:23 AM

Later, rupee recovered some lost ground and moved in a range of 70.65 and 70.81 in afternoon trade before concluding at 70.69, showing a rise of 8 paise.

Rupee rises 8 paise against US dollar on forex inflows

Forex inflows through Bajaj Finance share sale to qualified institutional investors helped the rupee hold strong, said analysts.

05 Nov 2019 6:37 PM

The dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.09 per cent to 97.59.

Rupee gains 4 paise against US dollar in early trade

Rupee is trading at 70.73 against dollar, following increased selling of the American currency by exporters and banks.

05 Nov 2019 10:05 AM

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Rupee gains 16 paise against US dollar in early trade

A higher opening in domestic equity market, and hopes for a US-China trade deal also supported the local currency.

04 Nov 2019 10:08 AM

At the interbank foreign exchange market, the rupee opened weak at 70.96 and touched a low of 70.98 in early trade.

Rupee firms up 11 paise against dollar

Rupee is trading at 70.81 against the US dollar due to fag-end selling of the greenback by banks and importers.

01 Nov 2019 7:06 PM

The rupee came under pressure after official data released on Thursday showed that the growth of core industries plummeted in September.

Rupee falls 6 paise against dollar on weak macro data

At the interbank foreign exchange market, the rupee opened on a weak note at 70.96 and fell further to trade at 70.98.

01 Nov 2019 10:18 AM

The domestic currency went on to hit a low of 71.03 against the US dollar during the day.

Rupee slips 6 paise against dollar ahead of US Fed policy outcome

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 97.66.

30 Oct 2019 7:44 PM

However, a positive opening in domestic equity market and easing crude oil prices supported the rupee and restricted the fall, forex dealers added.

Rupee slips 11 paise against dollar in early trade

A strengthening dollar against other overseas currencies also kept investors on the edge, forex dealers said.

30 Oct 2019 10:17 AM

At the interbank foreign exchange, the rupee opened strong at 70.75, showing a gain of 15 paise over its previous closing.

Rupee gains 18 paise against US dollar in early trade

However, strengthening of the greenback vis-a-vis other currencies overseas capped gains for the rupee, forex dealers said.

29 Oct 2019 10:01 AM

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.06 per cent to 97.69. (Photo: AP)

Rupee opens on a flat note at 71.06 against US dollar

Traders said rupee is trading in a narrow range as market is awaiting fresh cues on the potential US-China trade deal.

25 Oct 2019 10:27 AM

Market participants, however, said sustained foreign fund outflows weighed on local currency.

Rupee rises 21 paise against US Dollar in early trade

At the interbank foreign exchange the rupee opened at 70.79, then gained further and touched a high of 70.70.

24 Oct 2019 10:34 AM

At the interbank foreign exchange, the rupee opened lower at 71.01 then fell to 71.03 against the greenback. The domestic unit finally settled for the day at 70.91, higher by just 3 paise over its last close.

Rupee inches up 3 paise to 70.91 versus USD

Easing crude oil prices propped up the local unit, though fresh capital outflows capped the gains, forex traders said.

23 Oct 2019 7:03 PM

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.05 per cent to 97.57.

Rupee slips 9 paise against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 71.01 then fell to 71.03 against the US dollar.

23 Oct 2019 10:11 AM

The rupee opened at 70.90, then gained further ground and touched a high of 70.87 against the US dollar.

Rupee rises 27 paise to 70.87 against USD in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.02 per cent to 97.31.

22 Oct 2019 10:52 AM

Rupee traded in range of 71.31 and 71.05 during the day, before finally finishing at 71.14, up just 2 paise from its previous close.

Rupee ends flat at 71.14 versus US dollar

The gains in the rupee were capped by crude oil hitting the USD 60 per barrel mark, forex brokers said.

18 Oct 2019 6:36 PM

Spot gold price for 24 Karat in Delhi was trading down by Rs 145 to Rs 38,925 on weak global prices and a stronger rupee. The spot rupee was trading 5 paise stronger against the dollar during the day, HDFC Securities Senior Analyst - Commodities, Tapan Patel said. (Photo: Representational)

Gold falls by Rs 145 on weak global trends, strong rupee

Silver also lost ground and fell by Rs 315 to Rs 46,325 per kg from the previous close of Rs 46,640 per kg.

18 Oct 2019 3:50 PM

The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.01 per cent to 97.60.

Rupee slips marginally in opening deals

After opening on a flat note, the rupee lost some ground as the morning trade progressed.

18 Oct 2019 10:13 AM

The Indian rupee on Wednesday had closed at 71.43 against the US dollar.

Rupee opens 5 paise higher at 71.38 vs USD in early trade

Forex traders said rupee was trading in a narrow range as market participants remained cautious ahead of the Brexit summit.

17 Oct 2019 10:50 AM

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K.C. Singh