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INDIA RUPEE NEWS

Rupee rallies to 85.98 against US dollar

March 21, 2025 9:51 pm

The rupee appreciated by 39 paise, ending at 85.98 against the US dollar, compared to Thursday’s close of 86.37.

Rupee falls further, just shy of 86/dollar mark

January 11, 2025 10:28 pm

The rupee's fall below the psychologically important 86 level is likely "sooner rather than later," a trader at a foreign bank said.

Rupee recovers from all-time low, rises 3 paise to 84.69 against US dollar

December 04, 2024 10:08 am

One of the main reasons for the depreciation of INR has been the broad-based strength of the USD.

At the interbank foreign exchange, the rupee opened at 84.32 against the greenback, then it fell further to an all-time low of 84.37, registering a rise of 5 paise over its previous close.

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade

November 08, 2024 2:17 pm

On Thursday, the rupee slipped 1 paisa to close at a fresh lifetime low of 84.32 against the US dollar.

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Prof K Subramanian at Idea Exchange: ‘The economy can grow by eight per cent despite negative narratives’

October 28, 2024 12:16 pm

Food inflation is far more supply-side driven. The two items that actually contribute the most to food inflation are pulses and oil seeds. Even among vegetables, in a year when the produce is low, onion prices go up.

The deteriorating situation contributed to the rupee mostly being a bystander during the rally in other Asian currencies.

Rupee drops past 84/USD on equity outflows, oil prices

October 11, 2024 1:15 pm

The rupee dropped to 84.07 and was last quoted at 84.0425 as of 12:20 p.m. IST. The currency's decline past the 84 handle is significant as the Reserve Bank of India had been defending that level for over two months.

Rupee falls 14 paise to close at 83.57 against US dollar

April 16, 2024 4:31 pm

At the interbank foreign exchange market, the local unit opened at 83.51 and finally settled at 83.57 (provisional), registering a loss of 14 paise from its previous close.

Rupee falls 13 paise to close at 83.16 against US dollar

March 20, 2024 4:12 pm

At the interbank foreign exchange market, the local unit opened at 83 and touched the intraday low of 83.17 against the greenback. The local unit finally settled at 83.16 (provisional) against the dollar, registering a loss of 13 paise from its previous close.

Rupee at all-time low against dollar

October 17, 2023 1:40 am

The rupee closed at 83.2775/28 against the US dollar as against its previous close of 83.26. The currency hit its previous record closing low of 83.2675 on September 18.

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Rupee falls below 83 against dollar again

September 06, 2023 12:35 am

Moreover, foreign fund outflows from the domestic equity markets also weakened the local currency. The rupee has breached the 83-level against the dollar for the fifth time since August 14.

9 men killed in Chennai construction site had left Assam to build a better life

India35 min ago

Nine young men from the Dimasa tribe, working at a construction site in Tamil Nadu, were killed when a concrete arch they were working on collapsed. The brothers Provit and Sorbojit Thaosen were among the victims, along with four others from their village. The incident highlights the lack of employment opportunities and low wages that force many from their villages to work as migrant workers.

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