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Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Time is ripe for the demise of dollar-based trading system

With the emergence of China and the European Union as major players, the time is ripe for the demise of the dollar.

8 Dec 2018 7:21 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee rises 46 paise against US dollar in early trade

The rupee opened higher at 70.58 and rose further to quote at 70.44.

7 Dec 2018 10:21 AM IST

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

Fitch projects rupee to weaken to 75 against dollar by 2019 end

The domestic unit is one of the worst performing currency against the USD in Asia so far.

6 Dec 2018 2:17 PM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee falls 54 paise, touches 71 level against US dollar

The rupee opened weak at Rs 70.82, then fell further to 71 against the American currency.

6 Dec 2018 10:16 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee falls 26 paise to 70.75 per US dollar in early trade

The rupee came under pressure following heavy selling in domestic equities amid foreign fund outflows.

5 Dec 2018 10:34 AM IST

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

Rupee falls 9 paise against US dollar in early trade

Rupee is trading at 70.55 against US dollar in early trade at the interbank foreign exchange.

4 Dec 2018 10:15 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee gains 10 paise in early trade

Rupee is trading at 67.70 against dollar in early trade on increased selling of the American currency by banks.

17 May 2018 9:38 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee rebounds 27 paise in early trade

Rupee is trading at 67.80 per dollar on fresh selling of the US currency by exporters and banks.

16 May 2018 9:47 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee falls 28 paise against dollar in early trade

Rupee is trading 67.79 against the dollar in early trade amid gains in the US currency overseas.

15 May 2018 9:37 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee gains 12 paise against dollar in early trade

Rupee is trading at 67.21 against dollar in early trade on fresh selling of the US currency by exporters and banks.

14 May 2018 9:33 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee up 10 paise against US dollar in early trade

Rupee is trading at 64.91 against the US dollar at the interbank forex market.

26 March 2018 9:48 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee slips 8 paise against dollar in early trade

Rupee is trading at 65.19 against the US dollar in early trade today on sharp losses in global equity markets.

23 March 2018 9:55 AM IST