currency exchange

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    Currency Recovery: Rupee Rises Amid Global Market Shifts

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85, aided by a sharp fall in global crude oil prices, fueled by hopes of de-escalation of the ongoing conflict in West Asia.Forex traders said the Indian...
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    Silver Hits Rs 2.79 Lakh/kg Amid Geopolitical Uncertainty

    New Delhi, March 10 Silver prices surged by Rs 10,975 to Rs 2.79 lakh per kilogram in the national capital on Tuesday, while gold rose by Rs 400, tracking strong global trends as a weak US dollar boosted demand for the safe-haven asset.Ending its three-day losing streak, the white metal soared...
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    India's Rupee Stabilizes After Recent Drop

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices amid hopes of de-escalation of the ongoing conflict in West Asia.Sharp gains in the...
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    Silver Futures Volatility Driven by Market Uncertainty

    New Delhi, March 10 Silver prices rose by 3.91 per cent to Rs 2,77,602 per kg in futures trading on Tuesday, amid global uncertainties.On the Multi Commodity Exchange, the silver for May delivery increased by Rs 10,442, or 3.91 per cent, to Rs 2,77,602 per kilogram in a trading volume of 2,300...
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    Rupee Depreciates Amid Equity Market Decline and Rising Oil

    Mumbai, March 9 The rupee plunged by 46 paise to near its all-time intra-day low of 92.28 against the US dollar in early trading on Monday as global crude oil prices soared and the US dollar strengthened amid the worsening situation in the Middle East.Brent crude, the global oil benchmark, was...
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    Rupee Trades Up Slightly as Global Energy Markets Fluctuate

    Mumbai, March 6 The rupee remained stable and gained 2 paise to 91.62 against the US dollar on Friday after the US announced a 30-day waiver for Indian refiners to purchase Russian oil, easing pressure on global energy flows amidst the ongoing conflict in West Asia.Forex traders said that the...
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    Rupee Strengthens as Crude Prices and Global Tensions Persist

    Mumbai, March 5 The rupee recovered from its lowest level and gained 48 paise to trade at 91.57 against the US dollar in early trade on Thursday, tracking positive momentum in domestic equity markets.However, higher crude oil prices, a strengthening American currency, and intense selling of...
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    India's Rupee Falls to Record Low Due to Oil Prices

    Mumbai, March 4 The rupee plunged by 67 paise to close at an all-time low of 92.16 against the US dollar on Wednesday, weighed down by soaring crude oil prices in the wake of the Iran crisis.Forex traders said that the dollar index crossed 98 levels due to the risk-off sentiment prevailing...
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    Rupee Falls to Record Low Amid Geopolitical Concerns

    Mumbai, March 4 The rupee plunged by 69 paise to a historic low of 92.18 against the US dollar on Wednesday, as a sharp rise in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.Forex traders said that the domestic...
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    RBI Updates: Rs 2,000 Withdrawal and Return Figures

    Mumbai, March 2 The Reserve Bank of India (RBI) said on Monday that 98.44 per cent of the Rs 2,000 banknotes in circulation have been returned.The central bank announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023.The total value of Rs 2,000 banknotes...
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    Indian Rupee Settles at 91.08 Amid Market Volatility

    Mumbai, February 27 The rupee declined by 17 paise to settle at 91.08 against the US dollar on Friday, weighed down by a massive outflow of foreign funds and a sharp rise in global crude oil prices amid geopolitical uncertainties.Negative sentiment in the domestic equity markets further put...
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    Crude Oil Prices and Geopolitical Risks Weigh on Rupee

    Mumbai, February 27 The rupee declined by 8 paise to settle at 90.99 (provisional) against the US dollar on Friday, weighed down by a sharp rise in global crude oil prices amid geopolitical uncertainties.Forex traders said that outflows from foreign institutional investors and a decline in...
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    Silver Down Rs 7,400, Gold Falls Rs 1,300 - Market Update

    New Delhi, February 26 Silver prices fell by Rs 7,400 to Rs 2.70 lakh per kg, while gold dropped by Rs 1,300 to Rs 1.62 lakh per 10 grams in the national capital on Thursday, due to weak global trends and profit-taking by traders.According to the All India Sarafa Association, silver decreased...
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    Currency Exchange: Rupee Trades at 90.92 Against Dollar

    Mumbai, February 26 The rupee slipped by 1 paisa to close at 90.92 (provisional) against the US dollar on Thursday, weighed down by rising global crude oil prices and a strong US dollar against major rivals.However, foreign fund inflows supported the local currency and prevented a further...
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    Mumbai Residents Arrested in Kolkata on Money Laundering Charges

    Kolkata, February 25 – Three young men, possessing approximately $450,000 (over Rs 4 crore), were arrested in Kolkata's Park Street area, police said on Wednesday.The men were arrested from the Park Street police station area on Tuesday night, police said, adding that an investigation has been...
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    Currency Exchange: Rupee Fluctuations and Market Trends

    Mumbai, February 25 The rupee remained within a narrow range on Wednesday for the second consecutive day, closing at 90.96 (provisional) against the US dollar, amid higher global crude oil prices and foreign fund outflows.Forex traders attributed the rupee's stability to a weaker US dollar and...
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    Currency Exchange: Rupee Strengthens Against Dollar

    Mumbai, February 25 The rupee gained 6 paise to 90.89 against the US dollar in early trading on Wednesday, supported by a weaker dollar and a strong opening in the domestic equity markets.However, a sharp rise in global crude oil prices and outflows from foreign institutional investors...
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    Currency Exchange Update: Rupee Affected by Market and Oil Prices

    Mumbai, February 24 The rupee traded in a narrow range on Tuesday and closed 6 paise lower at 90.95 against the US dollar amid a firm dollar and higher crude oil prices.A sharp fall in domestic equity markets and uncertainties over the India-US trade deal further put pressure on the local...
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    India's Rupee Affected by Market Volatility and Crude Prices

    Mumbai, February 24 The rupee traded in a narrow range on Tuesday and closed 6 paise lower at 90.95 (provisional) against the US dollar amid a firm dollar and higher crude oil prices.A sharp fall in domestic equity markets and uncertainties over the India-US trade deal further put pressure on...
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    Rupee Decline Linked to Crude Prices and Market Sentiment

    Mumbai, February 24 The rupee fell by 7 paise to 90.96 against the US dollar in early trading on Tuesday, weighed down by rising global crude oil prices and a stronger dollar.A poor start to the domestic equity markets further put pressure on the local currency, but inflows from foreign...
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