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Bank slips up while remitting New Zealand fee, student’s parents win Rs 37,000 relief

July 28, 2026 5:20 pm

The case stemmed from a university fee transfer in which the complainants had instructed Canara Bank to remit the tuition fee in New Zealand dollars, but the bank processed the transaction in US dollars, resulting in an excess debit.

Rupee breaches 95-mark amid fresh war concerns, spike in oil prices

May 01, 2026 2:15 am

Domestic stock markets also behaved similarly, with Nifty and Sensex falling as much as 1.6% during the day before closing 0.75% lower.

The domestic currency is likely to remain weak in the near term. However, any progress on the US–India trade agreement could trigger sharp directional moves.

Rupee breaches 90-mark against dollar: US-India trade deal uncertainty, FPI outflows weighing on sentiments

December 04, 2025 3:01 am

Forex market participants that the Reserve Bank of India (RBI) was active in the market to moderate the fall in the rupee, though its intervention seems limited.

Indian rupee, Indian rupee value, dollar vs rupee, US-China trade tariff, US-China trade, tariff tensions, Indian express news, current affairs

Rupee settles at an all-time low of 87.60, down 18 paise

July 31, 2025 7:05 pm

The currency had previously ended at a record low of 87.58 on February 6, 2025.

The world is moving on and the US dollar is failing to keep up

July 03, 2025 12:30 pm

The more the US politicises its monetary tools, the more other nations turn to alternatives. For India, this is a time to tread carefully

ExplainSpeaking | US dollar’s fall: Why this is Donald Trump’s Liz Truss moment

April 12, 2025 10:14 am

Trump’s tariffs have sent the value of the US dollar plummeting. This is similar to what happened to the UK pound in 2022 after then Prime Minister Liz Truss unveiled her bold mini-budget

dollar, donald trump tariff, china tariff, world news, indian express

Dollar frail as traders flock to safe havens on tariff turmoil

April 08, 2025 12:49 pm

Currency markets were fragile but eerily calm in Asian trade after a volatile 24 hours where the dollar reversed heavy losses against the safe haven currencies as traders took stock of developments.

Rupee falls 7 paise to 85.83 against US dollar in early trade

April 08, 2025 10:40 am

The RBI's monetary policy committee headed by Governor Sanjay Malhotra began its three-day deliberations on key interest rates on Monday. The decision is scheduled to be announced on Wednesday.

ExplainSpeaking: what is the 'Mar-a-Lago Accord' and dollar devaluation plan, why

March 23, 2025 1:09 pm

To turn around the United States’ trade deficit, Donald Trump has two policy options: imposing tariffs on imports or devaluing the US currency. Here’s what the second option entails, the likelihood of it being exercised, and its possible impact.

Forex traders said the rupee could extend its gains in the near-term, as the dovish Fed expectation has pressured the greenback, further aiding the rupee's recovery. (Express File)

Rupee rises 25 paise to 86.80 against US dollar in early trade

March 17, 2025 10:19 am

At the interbank foreign exchange, the rupee opened at 86.90 against the greenback, then gained some ground and touched 86.80 against the greenback, up 25 paise from its previous close.