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Rupee drops 19 paise to 85.63 against US dollar in early trade

Market participants remained concerned as the Reserve Bank of India's monetary policy committee began its three-day deliberations on key interest rates.

According to forex traders, a steep decline in crude prices and a weaker American currency failed to support the domestic currency amid the incessant foreign fun outflows in line with the global sell-offs.(Bloomberg)
Published on Apr 07, 2025 10:04 AM IST
PTI |

Rupee hits record low of 87.29 against dollar as Trump tariffs spook investors

US President Donald Trump had slapped Canada and Mexico with 25% duties and China with a 10% duty

Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year US bond yields also remaining high at 4.76%(Representational Image/Pixabay)
Published on Feb 03, 2025 11:07 AM IST

Rupee hits all-time low of 86.3537 as US dollar rallies, crude surges

The rupee hit an all-time low as it slid down for the second straight session since the US dollar rallied upon better-than-expected job growth in the US market

Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year US bond yields also remaining high at 4.76%(Representational Image/Pixabay)
Updated on Jan 13, 2025 10:41 AM IST

Stock market today: Sensex and Nifty tanks, rupee hits all-time low

Stock market today: The stock market crashed upon open on Monday, January 13.

Stock market crash: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020(Francis Mascarenhas/Reuters)
Updated on Jan 13, 2025 10:53 AM IST

Rupee hits an all-time low amid strengthened dollar and volatile equities

Dollar sales from state-run banks helped to limit the rupee's losses, though they weren't very aggressive

The rupee fell to an all-time low on Wednesday, January 8, 2025, due to a rise in dollar rates and weakness in domestic equities(Representational Image/Pixabay)
Published on Jan 09, 2025 07:33 AM IST

Rupee falls to an all-time low as Donald Trump win pressures Asian currencies

The rupee fell to an all-time low of 84.3875 in early trading, going below its previous all-time low of 84.38 on Friday

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu.(Reuters)
Published on Nov 11, 2024 11:24 AM IST

Rupee drops to lifetime low of 83.7525 vs dollar on outflow worries

Forex traders said the sharp downfall in the domestic unit came on the heels of a downturn in the Indian equity markets and significant foreign fund outflows.

On Friday, the rupee settled 1 paisa higher at 83.72 against the US dollar in a range-bound trade.
Published on Aug 05, 2024 11:08 AM IST
PTI |

Indian rupee declines to record low after government raises tax on capital gains

The Indian rupee declined to record low after the domestic stock market crashed due to the government raising tax on capital gains.

The rupee declined to 83.69 to the dollar. (Getty Images/iStockphoto)
Published on Jul 23, 2024 02:30 PM IST

Rupee dips five paise at 82.75 against US dollar in early trade: Report

Rupee vs Dollar Today: On Tuesday, the rupee had opened 82.69 against the dollar. The domestic currency had reached a high of 82.69 and a low of 82.88. Finally, it depreciated by eight paise to settle at 82.70 against USD.

Rupee fell five paise to open at 82.75 against US dollar in early trade on Wednesday
Updated on Dec 22, 2022 09:23 AM IST
PTI | By | Edited by

India's forex reserves drop to lowest since July 2020

The rupee hit a record low of 83.29 per dollar in that turbulent week, and traders said the RBI had intervened in both the spot and forward markets to contain the slide.

The rupee ended 0.25% higher at 82.47 per dollar this week, ending a run of six straight weeks of declines.(HT_PRINT)
Published on Oct 28, 2022 09:01 PM IST
Reuters | | Posted by Sharangee Dutta, Mumbai
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