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rupee News

Rupee slides 16 paise as USD strengthens, stock market falls, third straight session of loss

The currency opened higher but came under selling pressure and ended at 71.44

Rupee rebounds 7 paise against dollar in early trade, Sensex jumps over 200 points

Forex dealers said weakness in the dollar against some currencies overseas supported the domestic unit, but rising crude oil prices and foreign fund outflows capped the rise.

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Rupee spurts 33 paise to 69.39 against US dollar in early trade

The rupee opened strong at 69.38 at the interbank forex market against the previous close of 69.72 per dollar amid sustained foreign fund inflows and positive opening in domestic equities.

Rupee strengthens 50 paise to 69.94 against US dollar

Besides, the dollar's weakness against some currencies overseas ahead of US Federal Reserve's policy meet outcome later in the day also supported the rupee.

Rupee rises 37 paise to 71.19 against US dollar on falling crude prices

The rupee had gained 34 paise to close at 71.56 against the US dollar Monday as forex market sentiments were driven by the country's narrowing trade deficit in November as also smart gains in domestic equities.

Shrinking trade deficit pushes rupee up 34 paise

The benchmark Sensex continued its winning streak for a fifth straight session with a rise of 307 points as investors maintained their bullish stance in view of the strengthening rupee, narrowing trade deficit and sustained foreign fund inflows.

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Sensex jumps 629 pts on end of poll results’ uncertainty, new RBI Governor appointment

Shaktikanta Das was Tuesday named the new governor of the Reserve Bank of India.

Rupee falls 59 paise to 71.40 against US dollar in early trade

Global crude oil prices rose after Opec members and 10 other oil producing nations agreed Friday to cut output by 1.2 million barrels a day in a bid to boost prices.

Rupee rises 46 paise to 70.44 against US dollar in early trade

Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the domestic currency.

Rupee rallies to 69.85 on falling oil prices, US Fed guidance

After a steep 15 per cent fall in the rupee due to the rise in crude oil prices and foreign capital outflows earlier this year, the rupee has now bounced back 6 per cent. The last time the rupee closed below 70 was on August 24.

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