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Rupee News

20 Nov 2024

Rupee Resilient Despite FII Outflows

Most of the emerging markets have experienced FII outflows during October amid uncertainty around US election, geopolitical tensions in middle east, stimulus announcement by China and rise in US yields.

19 Sep 2024

Travelling Abroad? Know How Much Cash Foreign Currency You Can Carry

If you are travelling abroad and wondering how much foreign currency you can carry in cash from India, here are some important points you must know

30 Aug 2024

Rupee Rises 7 Paise To 83.82 Against US Dollar in Early Trade

At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 paise from its previous close.

26 Aug 2024

Rupee Closes 3 Paise Higher At 83.87 Against US Dollar

On the domestic equity market front, Sensex advanced 611.90 points, or 0.75 per cent, to close at 81,698.11 points. The Nifty rose 187.45 points, or 0.76 per cent, to 25,010.60 points.

03 Jun 2024

Rupee Surges 38 Paise To 83.04 Against US Dollar In Early Trade

The local unit clocked the highest single-day rise since April 2023 when it appreciated by 42 paise.

28 May 2024

Rupee Rises 3 Paise To 83.10 Against US Dollar In Early Trade

On Monday, the rupee pared its initial gains and settled for the day lower by 3 paise at 83.13 against the US dollar.

04 Apr 2024

Rupee Rises 11 Paise To 83.42 Against US Dollar In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 104.19.

28 Mar 2024

Rupee Turns Flat At 83.33 Against US Dollar In Early Trade

Brent crude futures, the global oil benchmark, rose 0.53 per cent to USD 86.56 per barrel.

26 Mar 2024

Rupee Recovers From All-Time Low Level; Rises 29 Paise To 83.32 Against USD

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said.

21 Mar 2024

Rupee Rises 6 Paise To Close At 83.13 Against US Dollar

The local unit finally settled at 83.13 (provisional) against the dollar, higher by 6 paise from its previous close of 83.19.

21 Mar 2024

Rupee Rebounds 14 Paise To 83.05 Vs Dollar As US Fed Indicates 3 Rate Cuts

The Indian currency gained strength as the US Federal Reserve indicated three rate cuts this year despite sticky inflation.

20 Mar 2024

Rupee Edges Up 1 Paisa To 83.02 Against US Dollar In Early Trade

On the domestic equity market front, the 30-share BSE Sensex benchmark rose 236.33 points to 72,248.38. The broader Nifty gained 67.60 points to 21,885.05.

19 Mar 2024

Rupee Declines 5 Paise To 82.95 Against US Dollar On firm Crude Prices

The US dollar index, which measures the greenback's strength against a basket of six currencies gained 0.20 per cent to 103.64.

01 Feb 2024

Budget 2024: Rupee Rises 8 paise to 82.96 Against US Dollar

India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in new orders boosted output growth amid mild cost inflation, a monthly survey said on Thursday.

16 Aug 2023

The Rise Of Indian Rupee In The World: Will INR Replace US Dollar?

It might take some time for the currency to top the charts, but clearly the stage is set for the Indian Rupee to replace the dollar in the coming years. It

dollar vs rupee

11 Aug 2023

The Rise Of Rupee: Indian Rupee Going To Takeover the Dollar Soon?

Indian Rupee is in the Race to take over the American Dollar. More than 18 countries have agreed to use Rupee for International trade with India. After this more than 35 countries have shown their interest to trade in Indian Rupee. The global importance of the Indian Rupee has risen in the last few years after India-Russia, India-UAE and India-Singapore agreements on trade deals in INR. Which has also led to a decrease of the use of dollars in international trade.

16 Jul 2023

Deshhit: UPI in UAE...will bring new height in business

India's Prime Minister Narendra Modi has returned from a successful tour of France and UAE..But in this tour, India's economic agreements with two big countries of the world have increased the credibility of Indian Rupee..Now it is being discussed in the world. Can Indian rupee become a substitute for dollar for trade? Has Prime Minister Modi done the work of strengthening the rupee further? Behind this discussion is a gamechanger agreement between India and UAE, according to which now India and UAE will do business in rupees and dirhams and not in dollars.

16 Jul 2023

Deshhit: Muslim country is proud of Modi's visit! 'Dollar' was chased away and 'Rupee' was adopted

Indian Prime Minister Narendra Modi went to Egypt after visiting America. After which now PM Modi has gone to UAE after France. Modi is being felicitated tremendously in Muslim countries. So there now trade between UAE and India will be done in rupees and not in dollars.

27 Mar 2023

Rupee Rises 9 Paise To 82.31 Against Us Dollar In Early Trade

At the interbank foreign exchange, the domestic unit opened at 82.36 against the dollar, then climbed to 82.31, registering a rise of 9 paise over its previous close.

21 Mar 2023

Rupee Slips 3 Paise To Close At 82.59 Against USD Ahead Of Fed Rate Decision

Investors are keenly awaiting the interest rate decision by the US Federal Reserve due on Wednesday.

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