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Searched Tag: rupee against the greenback

The domestic unit strengthened against the US dollar on higher equities, lower oil prices, and weak dollar index to settle at 88.06

Rupee recovers by 9 paise from its all-time low

September 3, 2025, 07:32 PM - 2 min read

The domestic unit strengthened against the US dollar on higher equities, lower oil prices, and weak dollar index to settle at 88.06

Additionally, persistent foreign fund outflows further weakened the local unit, said forex traders

Rupee falls to record low of 88.18 against dollar

September 2, 2025, 05:56 PM - 2 min read

The rupee declined 8 paise to close at an all-time low of 88.18 (provisional) against the U.S. dollar on Tuesday, as uncertainty over the India-US trade deal and weak domestic equity markets further pressurised the domestic unit

On August 27, the tariffs imposed by the US administration on Indian exports came into effect, totaling a high of 50 per cent, inclusive of the 25 per cent additional punitive tariffs on India for purchasing Russian oil

Rupee tumbles to all-time low, forcing RBI to intervene

August 29, 2025, 02:47 PM - 2 min read

The rupee dropped to 88.29 against the US dollar, breaching its prior lifetime low of 87.95 that it had hit in February

However, any further gains were capped by concerns over additional US tariffs on Indian products, which kicked in on Wednesday, and a decline in domestic equity markets, opined forex traders

Rupee rises 6 paise as crude oil prices register decline

August 28, 2025, 06:22 PM - 2 min read

The domestic unit rose by 6 paise on Thursday to close at 87.63 (provisional) against the US dollar

Forex traders expect the rupee to trade with a positive bias now that the global geopolitical tensions seem to be easing, especially in the wake of a meeting between US President Donald Trump and his Russian counterpart, Vladimir Putin to discuss ways to bring peace in Ukraine

Rupee sees appreciation, closes at 86.99 against USD

August 19, 2025, 05:59 PM - 3 min read

Optimism surrounding GST restructuring has affected the domestic unit as well as it gained 40 paise to close at 86.99 (provisional) against the US dollar on Tuesday

Foreign Institutional Investors offloaded equities worth ₹1,202.65 crore on Monday, according to exchange data

Rupee trades in tight range, settles at 87.72 against US dollar

August 12, 2025, 05:26 PM - 2 min read

A very marginal increase in the domestic unit against the greenback on Tuesday was attributed to a mostly negative trend in domestic equities amid highly volatile trading and foreign fund outflows

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.27 per cent to 98.13

Rupee declines 5 paise to 87.63 against US dollar

August 8, 2025, 01:55 PM - 3 min read

Persistent foreign fund outflows dragged the local unit lower as US tariffs on Indian imports came into effect

On Monday, the rupee depreciated 48 paise to close at 87.66 against the US dollar

Rupee slips 16 paise to close at 87.82 against US dollar

August 5, 2025, 03:16 PM - 3 min read

On Monday, the rupee depreciated 48 paise to close at 87.66 against the US dollar

Rupee falls 7 paise to close at 85.77 against USD

July 11, 2025, 06:09 PM - 3 min read

The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.13 per cent to 97.77

Rupee rises 25 paise to close at 85.51 against USD

July 1, 2025, 05:18 PM - 3 min read

Forex traders said the US dollar was trading at its lowest levels since February 2022; expected to help the rupee range between 85.20 and 85.85 in this week