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US dollar News

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.

05 Aug 2024

Rupee Depreciates To Fresh Low, Leaning Towards 84 Over Global Market Concern

The Rupee traded at 83.85 versus Friday's closing of 83.75. It opened at 83.78, surpassing the previous lifetime low of 83.7525 from Friday.

12 Jun 2024

Gold Climbs Rs 250; Silver Jumps Rs 800 Amid Strong Cues In Global Markets

Silver prices bounced by Rs 800 to Rs 91,500 per kg. It had settled at Rs 90,700 per kg in the previous session.

02 Jun 2024

India's Forex Reserves Decline USD 2 Billion And Come Off Record Highs

In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.

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.

19 May 2024

FPIs Aggressively Selling India Stocks, Offloaded Over Rs 28,000 Cr

To put it into context, the entire year saw an inflow of about Rs 171,107 crore, and notably, over one-third of it came in December.

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.

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.

12 Jan 2024

Wipro Net Profit Falls 11.7% To Rs 2,694 Crore In December Quarter

The company's IT Services segment revenue dropped 4.5 percent on a year-over-year basis to Rs 22,150.8 crore during the reported quarter from Rs 23,196 crore during the same period of 2022.

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.

Rupee Vs dollar

26 Jun 2023

Rupee Declines 9 Paise To 82.05 Against Dollar Amid Geopolitical Worries

However, the local currency retreated from early highs amid volatile stock markets and touched a low of 82.05 in afternoon trade at the interbank foreign exchange market.

Rupee Vs dollar

04 Apr 2023

Rupee Likely To Strengthen Towards 79 By End-FY24: UBS Securities

The rupee is likely to strengthen towards 79 by end-FY24: Tanvee Gupta Jain Narrowing the current account deficit will help the rupee strengthen against USD. Reserve Bank will cap any significant rupee gains to rebuild buffers: Jain

Rupee Vs dollar

17 Mar 2023

Rupee To Replace Dollar? Indian Money Nearer To Become International Currency

The latest report says that as more nations try to de-dollarize international trade, the Indian rupee is getting closer to becoming a recognised currency.

Indian rupee Vs dollar

08 Mar 2023

Rupee Falls 37 Paise To 82.29 Against US Dollar In Early Trade

On Monday, the rupee settled at 81.92 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 percent to 105.80 on Wednesday.

31 Jan 2023

Rupee not weakened, it is US dollar that has strengthened: Economic Survey

The dollar has appreciated by 4.4 percent in terms of the dollar index.

18 Jan 2023

Dollar vs Rupee: Rupee gains 44 paise to close at 81.25 against US dollar

The rupee pared its initial losses and settled 44 paise higher. The rupee closed at 81.25 against USD. Rising crude oil prices capped the gains in the rupee, traders said.

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