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Rupee hits record closing low, forward premiums extend decline

December 04, 2024 4:43 pm

The RBI will deliver its policy decision on Friday, with traders expecting some form of monetary policy easing this week after weak GDP data for the July-September quarter.

Rupee rises 6 paise to 84.35 against US dollar in early trade

November 25, 2024 10:45 am

The overall strength of the American currency and elevated crude oil prices are likely to strain India's trade balance, creating challenges for sustained rupee appreciation, forex traders said.

Kuwaiti Dinar to US Dollar: Top 10 highest-valued currencies in the world in 2024

August 09, 2024 12:27 pm

Strongest Currency in the World: Among the 180 official currencies in the world, here are the top 10 highest-valued across the world, and no, the first one is not the US dollar. Explore the list below.

Rupee rises 3 paise to close at 82.58 against US dollar

July 10, 2023 5:26 pm

Rupee is trading in a narrow range as the softness in the US dollar and sustained FII inflows were negated by risk aversion in global markets, forex traders said.

India to see $58 billion investment in E&P; Chevron, Exxon, Total keen to invest: Minister Hardeep Singh Puri

January 13, 2023 8:55 pm

India, the world's third biggest oil-consuming and importing nation, is looking to raise domestic output to help cut down reliance on costly imports.

Rupee slides to 80/$ in intra-day trade, closes at record low of 79.98

July 19, 2022 1:40 am

The rupee had opened strong at 79.75 but fell again towards the 80 level, this time on the back of a supportive range from crude as Brent breached $100 per barrel on less chance of recession in US.

Sensex rallies over 300 points, rupee rises 6 paise to 68.92 against USD

July 25, 2019 11:46 am

Forex traders said heavy buying in domestic equity market supported the domestic unit, however, foreign fund outflows and rising crude oil prices weighed on local currency.

Sensex jumps over 200 points, rupee rise to 17 paise to 68.86

July 01, 2019 11:50 am

The rupee opened on a strong note and rose 17 paise to 68.86 against the US dollar in early trade Monday tracking gains in domestic equities, even as crude oil prices firmed up.

Rupee falls 10 paise to 70.59 per US dollar in early trade

January 14, 2019 11:11 am

At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.50 then fell further to 70.59 against the American currency, down 10 paise over it's previous closing price.

Rupee rises 7 paise to 70.34 vs USD, Sensex gains over 65 points in early trade

January 11, 2019 10:57 am

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.

USD VIDEOS

18 kg gold bars seized in Siliguri

February 18, 2016 10:55 am

Siliguri, Feb 18 (ANI): The Siliguri Police seized 18 kilograms of gold from three people after intercepting their car in Siliguri on Wednesday. Acting on a tip-off, police caught the smugglers passing by Salugara Monastery. The police recovered 13 thousand USD and a pistol with ammunition from them. When they (smugglers) and the car were searched, 18 bars of gold weighing 1kilogram each, total 18kilograms gold, 13 thousand USD, and one improvised pipe gun with two round of ammunition is what we have found. In India, smugglers risk a jail term of up to seven years, although such a penalty is rare and the main deterrent is confiscation of the gold. When the country first started stifling gold imports in 2013 to tackle a widening trade deficit, smugglers went to the extent of getting human mules to swallow nuggets or hiding gold bars in dead cows.

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