"rupee"

Hyderabad: Indian rupee on Tuesday sunk to its lowest 80 to a US dollar as the Indian currency continued to be in the free fall. Later in the day, it recovered to close at 79.92 (provisional) against the US dollar. At the interbank forex market, the local unit opened lower at 80.00 against the US […]

Mumbai: The rupee appreciated 6 paise to 79.76 against the US dollar in early trade on Monday as a positive trend in domestic equities supported the local unit. However, a strong American currency overseas and forex outflows restricted the rupee’s gain, dealers said. At the interbank foreign exchange, the rupee opened at 79.76 against the […]

New Delhi: The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation situation could worsen. The primary and immediate impact of a depreciating rupee is on the importers who will have to shell […]

Mumbai: The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm trend in domestic equities and fresh foreign fund inflows strengthened investor sentiment. However, a strong greenback in the overseas markets capped the gains of the local unit, forex traders said. At the interbank foreign exchange, […]

Mumbai: The rupee appreciated 7 paise to 79.74 against the US dollar in early trade on Thursday as a positive trend in domestic equities supported the local unit. However, a strong American currency overseas and forex outflows restricted the rupee’s gain, dealers said. At the interbank foreign exchange, the rupee opened at 79.72 against the […]

Mumbai: The rupee started the session on a flat note against the US dollar on Wednesday amid a rally in the equity markets and easing retail inflation. A strong greenback against major currencies and foreign capital outflows kept investors cautious in early trading, forex dealers said. At the interbank foreign exchange, the rupee opened strong […]

Mumbai: The rupee depreciated 7 paise to 79.33 against the US dollar in early trade on Monday as a muted trend in domestic equities and risk-averse sentiments weighed on the local unit. However, sliding crude prices in the international market restricted the rupee’s fall, according to forex traders. At the interbank foreign exchange, the rupee […]

Mumbai: The rupee depreciated 12 paise to 79.25 against the US dollar in early trade on Friday tracking the strength of the American currency and persistent foreign fund outflows. At the interbank foreign exchange, the rupee opened at 79.20 against the American dollar, then lost ground to quote at 79.25, registering a fall of 12 […]

Mumbai: The rupee depreciated 12 paise to 79.06 against the US dollar in early trade on Thursday as the hawkish stance of the US Federal Reserve increased the possibility of another rate hike this month. However, the steps announced by the Reserve Bank of India (RBI) on Wednesday limited the depreciation bias in the rupee, […]

Mumbai: Recovering from its record low level, the rupee appreciated 9 paise to 79.24 against the US dollar in early trade on Wednesday. At the interbank foreign exchange, the rupee opened at 79.29 against the American dollar. In initial trade, the local currency witnessed a high of 79.24 and a low of 79.31 against the […]

Mumbai: The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local unit opened at 79.04 against the greenback and witnessed an intra-day high of 79.02 and […]

Mumbai: The rupee depreciated 9 paise to 79.03 against the US dollar in opening trade on Monday, as persistent foreign funds outflows weighed on investor sentiments. Forex traders said the weakness of crude oil prices is supporting the local unit. However, inflation and growth worries in India and globally could cap the appreciation bias, they […]

Hyderabad: Be prepared to see the gold prices going up sharply. The Central government has increased the basic import tax on gold by 5% to 12.5% from the earlier 7.5%. With the 2.5% agri cess, the effective duty on gold will be 15%. However, the social welfare surcharge of 0.75% levied earlier is now exempted. […]

Mumbai: The rupee depreciated 5 paise to a record low of 79.11 against the US dollar in opening trade on Friday as persistent foreign funds outflows weighed on investor sentiments. At the interbank foreign exchange, the rupee opened on a weak note at 78.99 against the American dollar, then lost ground to quote at 79.11 […]

Mumbai: Recovering from its record low, the rupee appreciated 13 paise to 78.90 against the US dollar on Thursday. At the interbank foreign exchange, the rupee opened at 78.92 against the American dollar. In initial trade, the local currency witnessed a high of 78.90 and a low of 78.94 against the US dollar. In the […]

Mumbai: The rupee appreciated 6 paise to 78.27 against the US dollar in opening trade on Monday as heavy buying in domestic equities and weakness in the greenback strengthened investor sentiment. However, elevated crude prices and persistent foreign fund outflows restricted the rupee’s gain, forex dealers said. At the interbank foreign exchange, the rupee opened […]

Mumbai: Recovering from its record low, the rupee opened 12 paise up at 78.20 against the US dollar on Friday, tracking a pullback in crude oil prices. At the interbank foreign exchange, the rupee opened at 78.20 against the American dollar. In initial trade, the local currency witnessed a high of 78.19 and a low […]

Mumbai: Recovering from its record low, the rupee inched higher by 9 paise to 78.23 against the US dollar in early morning trade on Thursday. At the interbank foreign exchange, the rupee opened at 78.26 against the American dollar, then inched higher to quote at 78.23, registering a rise of 9 paise from the previous […]

Mumbai: The rupee strengthened by 12 paise to 77.93 against the US dollar in opening trade on Monday as easing crude oil prices supported the local unit. However, unabated foreign fund outflows, a lacklustre trend in domestic equities and strong American dollar overseas restricted the gain, forex dealers said. At the interbank foreign exchange, the […]

Mumbai: The rupee strengthened by 15 paise to 78.07 against the US dollar in opening trade on Thursday after the US Federal Reserve hiked interest rate by 75 basis points and signalled more rate action to fight inflation. Besides, a firm trend in domestic equities and weak American dollar in the overseas market supported the […]