foreign exchange

Mumbai, March 20 The rupee fell by 82 paise, or nearly 1%, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent outflows of foreign funds and a sharp rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the...

Mumbai, March 19 The Reserve Bank of India (RBI) is working on providing more avenues for the use of Indian rupees (INR) accumulated by Russian trade partners, a senior official said on Thursday.The central bank is exploring options to either settle Indian rupees held by Russian trade partners...

Mumbai, March 18 The rupee plunged by 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, weighed down by a stronger dollar and continued outflows from foreign investors.Rising crude oil prices in global markets, amid escalating conflict in the Middle East, further...

Mumbai, March 18 Shiv Sena (UBT) leader Bhaskar Jadhav said on Wednesday that Maharashtra's Konkan region has significant potential to generate substantial foreign exchange through fisheries, fruit cultivation, and tourism, and called for a non-political approach for the long-term development of...

Mumbai, March 18 The rupee plunged by 23 paise to close at a record low of 92.63 (provisional) against the US dollar on Wednesday, weighed down by a stronger dollar and sustained outflows from foreign investors.Rising crude oil prices in global markets, amid intensifying conflict in the Middle...

Mumbai, March 18 The rupee declined by 18 paise to hit a record low of 92.58 against the US dollar on Wednesday, amid a strengthening dollar overseas and continued outflows of foreign capital.Elevated crude oil prices in global markets, coupled with the intensifying conflict in West Asia...

Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...

Mumbai, March 16 The rupee strengthened by 2 paise to settle at 92.28 against the US dollar on Monday, supported by a firm trend in domestic equity markets and a weak greenback against major currencies overseas.However, surging crude oil prices and foreign funds outflows triggered by...

Mumbai, March 16 The rupee weakened by 10 paise to settle at a fresh record low of 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and persistent withdrawal of foreign funds triggered by geopolitical uncertainties.The local currency, however, resisted a sharp...

Mumbai, March 16 The rupee remained weak and lost 13 paise to 92.43 against the US dollar in early trade on Monday, weighed down by massive withdrawal of foreign funds and surging crude oil prices amid geopolitical uncertainties.Volatile sentiment in domestic equity markets further dragged the...

Mumbai, March 13 The rupee trimmed some losses and closed the session 5 paise lower at a fresh record low of 92.30 against the US dollar on Friday, with crude oil prices stabilizing around USD 100/barrel, even as global sentiment remained volatile due to the West Asia crisis.A strengthening US...

Mumbai, March 13 The rupee fell by 20 paise to close at a fresh record low of 92.45 (provisional) against the US dollar on Friday, amid soaring crude oil prices and the ongoing conflict in West Asia.According to forex traders, a stronger US dollar, heavy outflows of foreign funds, and...

Mumbai, March 13 The rupee hit a fresh all-time intra-day low of 92.44 against the US dollar on Friday, down 19 paise from its previous close, as rising global crude oil prices amid the ongoing conflict in West Asia kept international markets on edge.A stronger US dollar, heavy outflows by...

Mumbai, March 13 The rupee fell by 12 paise to a record low of 92.37 against the US dollar in early trading on Friday, as global crude oil prices showed no signs of easing amid the ongoing conflict in West Asia.A stronger dollar, heavy selling by foreign institutional investors (FIIs), and...

Mumbai, March 12 The rupee recovered from record low levels and closed with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday, as global crude oil prices remained on an upward trend amid the ongoing conflict in the Middle East.A stronger US dollar and volatility in...

Mumbai, March 12 The rupee depreciated by 31 paise to 92.32 against the US dollar in the early trade on Thursday, due to outflows by foreign investors, rising global crude oil prices, and a stronger US dollar, amid the ongoing conflict in the Middle East.The weak start to the trading session...

Mumbai, March 11 The rupee declined by 16 paise to close at 92.01 against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar as the war in West Asia continued.Forex traders said that outflows from foreign institutional investors and...

Mumbai, March 11 The rupee declined by 4 paise to 91.89 against the US dollar in early trading on Wednesday, weighed down by outflows from foreign investors and the ongoing conflict in the Middle East.However, a weaker US dollar and falling global crude oil prices prevented a sharper decline...

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...

Mumbai, March 10 The rupee rebounded from its all-time low in early trading on Tuesday, rising by 7 paise to 92.14 as global oil prices fell after US President Donald Trump said the war with Iran may end soon.A weaker dollar and a strong opening in the domestic equity markets further supported...