Indian rupee
Indian rupee News
To end the glut of coins, govt mulls privatisation of distribution, exports
Minutes of meetings of the C&C Division accessed by The Sunday Express reveal that the RBI’s representatives have been giving an alarming picture of the coin glut but have, however, assured that whatever quantity of coins have been indented by them will now be lifted.
Sensex surges over 100 points, rupee appreciates by 6 paise to 68.57 against dollar
The 30-share index was trading 119.52 points, or 0.31 per cent, higher to 38,506.27. The index began the session on a firm note at 38,452.47 and hit the session's high of 38,526.71 on steady buying by foreign funds as well as retail investors.
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Rupee falls 55 paise to 71.80 against USD; lowest level in 2019
After swinging nearly 400 points between the day’s low of 36,225.48 and an intraday high of 36,622.77, the 30-share index ended 113.31 points, or 0.31 per cent, higher at 36,582.74.
Rupee slips 21 paise to 71.24 vs USD in early trade
At the Interbank Foreign Exchange, the rupee opened on a weak note at 71.12, then fell further to 71.24 against the US dollar, showing a decline of 21 paise over it's previous closing.
Rupee rises 7 paise to 70.34 vs USD, Sensex gains over 65 points in early trade
The rupee opened strong at 70.38 at the interbank forex market against previous close of 70.41 per dollar then gained further ground and touched a high of 70.34 amid positive opening in domestic equities.
Rupee rises 14 paise against US dollar in early trade; Sensex, Nifty start on a choppy note
Forex traders said the weakness in the US dollar against other currencies overseas, falling crude oil prices and fresh foreign fund inflows pushed the rupee higher.
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Tracking global markets, Sensex tanks 363 points
After plunging over 500 points in the early session, the Sensex pared some losses towards the fag-end and finished lower by 363.05 points, or 1 per cent, at 35,891.52.
Raj Babbar compares rupee's falling value with age of PM Modi's mother; BJP demands apology
"Comparing the value of the rupee against the (US) dollar with Modiji's mother (age) shows his (Babbar) cheap mentality. Since the Congress is losing people's support and losing elections, their leaders are making such comments out of frustration," Vijay Rupani said.
Rupee soars past 71 on sliding oil, rising foreign capital inflows
The Indian currency had depreciated by 14.1 per cent from the start of the financial year FY19 and touched a low of 74.4 against the dollar on October 9, 2018.
Rupee rises 10 paise against US dollar to 71.87
Besides, weakness in the greenback against some currencies overseas, increased foreign fund inflows and a higher opening of domestic equities supported the rupee, traders said.
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