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rupee news

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

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.
Published on Apr 07, 2025 10:04 AM IST

Tamil Nadu govt replaces rupee symbol; BJP drags Udaya Kumar's name | 10 updates

Tamil Nadu chief minister MK Stalin (PTI)
Updated on Mar 14, 2025 10:55 AM IST

Tamil Nadu budget 2025-26 to be presented today amid rupee symbol row

The Tamil Nadu Budget will be presented today in the state assembly
Published on Mar 14, 2025 08:34 AM IST

Tamil Nadu govt drops rupee symbol from budget, replaces it with symbol in Tamil

Tamil Nadu chief minister MK Stalin arrives to participate in an all-party meeting.
Updated on Mar 13, 2025 09:13 PM IST

PayPal-backed startup does India's first e-rupee deal worth $3.5 million: Report

In December 2022, the Reserve Bank of India (RBI) had started a pilot for the CBDC, also known as the e-rupee; Basically a digital alternative to physical currency.
Published on Mar 04, 2025 08:49 AM IST

Rupee falls 8 paise to 86.96 as foreign fund outflows continue

Due to persistent outflows of foreign funds and an increase in the US dollar index, the rupee lost 8 paise to settle at 86.96 (provisional) versus the US dollar.
Published on Feb 18, 2025 04:33 PM IST

Sitharaman quotes Raghuram Rajan to explain rupee dip in LS: ‘Reality is…'

FInance Minister Nirmala Sitharaman quoted her long-time critic Raghuram Rajan while explaining the dip in rupee
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 RBI cut the benchmark repo rate by 25 basis points (BPS) to 6.25% from 6.5% earlier last week and the US dollar also continued to show strength, putting pressure on the rupee.
Updated on Feb 10, 2025 10:14 AM IST

Rupee declines to 87.58, marking worst performance among Asian currencies

A day before a significant monetary policy decision, the Indian rupee fell to its lowest level ever on Thursday as a slide in its Asian counterparts exacerbated the already pessimistic outlook on the currency
Published on Feb 06, 2025 05:29 PM IST

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

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%
Published on Feb 03, 2025 11:07 AM IST

Congress targets PM Modi over Rupee’s record single-day fall against US Dollar

Congress president Mallikarjun Kharge. (Vipin Kumar/ Hindustan Times)
Published on Jan 14, 2025 01:56 PM IST

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

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%
Updated on Jan 13, 2025 10:41 AM IST

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

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

Priyanka Gandhi demands answers from PM Modi over falling value of rupee

Priyanka Gandhi Vadra pointed out at PM Modi's attacks on the then UPA government a decade earlier.
Updated on Jan 11, 2025 06:56 PM IST

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

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
Published on Jan 09, 2025 07:33 AM IST

India must do more to tax its super rich, says French economist Thomas Piketty

Thomas Piketty, a French economist and novelist, stated on Friday that given India's high levels of inequality, more should be done to tax its super-rich.
Updated on Dec 16, 2024 12:00 AM IST

Rupee expected to open higher amid Dollar decline and RBI policy review

Before the RBI makes a rate decision, the dollar retreats to strengthen the rupee.
Published on Dec 06, 2024 09:26 AM IST

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

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

One rupee coin costs more than its value to produce

The humble one rupee coin is made out of stainless steel and measures 21.93 millimeters in diameter, 1.45 millimeters in thickness, and weighs 3.76 grams.
Published on Nov 01, 2024 02:48 PM IST

Bhavish Aggarwal schooled for suggesting Dollar sign be replaced with Rupee

Bhavish Aggarwal, CEO of Ola Cabs was trolled on social media for his remark on the Dollar sign.
Published on Aug 25, 2024 08:49 AM IST

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

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

Indian rupee declines to record low after government raises 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 falls 5 paise to 83.54 against US dollar in early trade

A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in Mumbai.
Published on Jul 04, 2024 09:59 AM IST

Goldman Sachs favours Euro for its favorite carry trade, the Rupee

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City. (Reuters)
Published on Jun 28, 2024 08:46 PM IST

India's foreign exchange reserves rise by $810 mn to $653.7 bn on June 21: RBI

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India. (Reuters)
Published on Jun 28, 2024 08:08 PM IST

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

India’s foreign exchange reserves rise to new record after elections

Representational
Published on Jun 15, 2024 05:02 PM IST

Rupee's stability & cost makes it attractive for carry trade, Bank of America

Foreign exchange (Representational)
Published on Jun 10, 2024 05:00 PM IST

Fitch sees Indian rupee rebounding to 82 per dollar. Here's why

The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain.
Published on May 08, 2024 01:07 PM IST

Rupee falls to a record low of 83.51 against US dollar

On Monday, the rupee declined 6 paise to settle at 83.44 against the US dollar.
Published on Apr 16, 2024 10:08 AM IST