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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.
Published on Apr 07, 2025 10:04 AM IST
PTI |
Tamil Nadu govt replaces rupee symbol; BJP drags Udaya Kumar's name | 10 updates
The logo for the Tamil Nadu budget, carried ‘ru’, the first letter of Tamil word 'Rubaai', which denotes Indian currency in the vernacular language.
Updated on Mar 14, 2025 10:55 AM IST
Tamil Nadu budget 2025-26 to be presented today amid rupee symbol row
Tamil Nadu budget 2025-26: This will be Thangam Thennarasu's second Budget presentation after he became the finance minister in 2023.
Published on Mar 14, 2025 08:34 AM IST
Tamil Nadu govt drops rupee symbol from budget, replaces it with symbol in Tamil
In a move amid the three-language debate, the MK Stalin government has changed the budget logo to feature the Tamil letter for 'Ru' instead of the rupee symbol.
Updated on Mar 13, 2025 09:13 PM IST
PayPal-backed startup does India's first e-rupee deal worth $3.5 million: Report
The Mumbai-based Mintoak said the deal will enable its partners like HDFC Bank, Axis Bank and SBI to offer more comprehensive CBDC-related payment services.
Published on Mar 04, 2025 08:49 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee falls 8 paise to 86.96 as foreign fund outflows continue
The rupee fell 8 paise to 86.96 against the US dollar due to foreign fund outflows and a rising dollar index.
Published on Feb 18, 2025 04:33 PM IST
PTI |
Sitharaman quotes Raghuram Rajan to explain rupee dip in LS: ‘Reality is…'
Finance Minister Nirmala Sitharaman, while speaking in the Lok Sabha, quoted former RBI Governor Raghuram Rajan.
Published on Feb 11, 2025 07:32 PM IST
Rupee plunges to all-time low of 87.94 against US dollar, may worsen: Reports
The rupee's fall comes at a time when it has already become Asia's worst-performing currency of the year and as the RBI tries to build up its forex reserves.
Updated on Feb 10, 2025 10:14 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee declines to 87.58, marking worst performance among Asian currencies
The Indian rupee reached a lifetime low of 87.5825, driven by U.S. trade tariff concerns and portfolio outflows.
Published on Feb 06, 2025 05:29 PM IST
Reuters |
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
Published on Feb 03, 2025 11:07 AM IST
Congress targets PM Modi over Rupee’s record single-day fall against US Dollar
Congress chief Mallikarjun Kharge said that the current economic situation is causing significant suffering for the people due to the PM Modi’s ‘rank incompetence’
Published on Jan 14, 2025 01:56 PM IST
Snehashish Roy
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
Updated on Jan 13, 2025 10:41 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
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.
Updated on Jan 13, 2025 10:53 AM IST
Priyanka Gandhi demands answers from PM Modi over falling value of rupee
She said that during UPAs tenure, Narendra Modi used to link the value of the rupee with the prestige of the government.
Updated on Jan 11, 2025 06:56 PM IST
HT News Desk | Edited by Shivam Pratap Singh
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
Published on Jan 09, 2025 07:33 AM IST
India must do more to tax its super rich, says French economist Thomas Piketty
French economist Thomas Piketty urged India to tax the super-rich to address inequality, advocating a 2% wealth tax and a 33% inheritance tax.
Updated on Dec 16, 2024 12:00 AM IST
Rupee expected to open higher amid Dollar decline and RBI policy review
The Indian rupee is expected to open higher due to a decline in the dollar index, its movement will depend on the RBI's India's monetary policy review.
Published on Dec 06, 2024 09:26 AM IST
Reuters |
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
Published on Nov 11, 2024 11:24 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
One rupee coin costs more than its value to produce
However, others like the ₹2, ₹5 and ₹10 coins have a cheaper production cost which doesn't exceed their denominated value.
Published on Nov 01, 2024 02:48 PM IST
Bhavish Aggarwal schooled for suggesting Dollar sign be replaced with Rupee
Bhavesh Aggarwal's call to replace Dollar sign with the Indian Rupee led him to being trolled on social media.
Published on Aug 25, 2024 08:49 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.
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.
Published on Jul 23, 2024 02:30 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee falls 5 paise to 83.54 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 83.52 and lost further ground to trade at 83.54 against the greenback in initial deals.
Published on Jul 04, 2024 09:59 AM IST
PTI |
Goldman Sachs favours Euro for its favorite carry trade, the Rupee
Goldman Sachs carry trades the Rupee using Euros, betting the European Central Bank will further reduce interest rates, while the RBI keeps the Rupee stable.
Published on Jun 28, 2024 08:46 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
India's foreign exchange reserves rise by $810 mn to $653.7 bn on June 21: RBI
India's foreign exchange reserves rose to $653.7 billion during the week ended on June 21, with the rupee hitting a record low against the dollar.
Published on Jun 28, 2024 08:08 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee hits record low against US dollar, weakens past 83.58
At the interbank foreign exchange market, the local unit opened at 83.43 and lost further to 83.48 against the greenback.
Published on Jun 20, 2024 02:34 PM IST
PTI |
India’s foreign exchange reserves rise to new record after elections
The rupee weakened this week, like other emerging markets currencies, closing at 83.5612 a dollar on Friday.
Published on Jun 15, 2024 05:02 PM IST
Bloomberg |
Rupee's stability & cost makes it attractive for carry trade, Bank of America
The Indian rupee is stable and inexpensive compared to its emerging market peers
Published on Jun 10, 2024 05:00 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Fitch sees Indian rupee rebounding to 82 per dollar. Here's why
The rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, Jeremy Zook, a director at Fitch in Hong Kong, said.
Published on May 08, 2024 01:07 PM IST
Bloomberg |
Rupee falls to a record low of 83.51 against US dollar
Forex traders said a negative trend in domestic equities and sustained foreign fund outflows also dented investor sentiments.
Published on Apr 16, 2024 10:08 AM IST
PTI |