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Searched Tag: rupee vs dollar

Last week, the US carried out a military operation in Venezuela and deposed President Nicolas Maduro, with Trump saying his country would “run” the South American nation and tap its vast oil reserves to sell to other nations

Dip in global crude oil prices helps rupee rise 18 paise

January 6, 2026, 10:22 AM - 3 min read

However, US President Donald Trump’s remarks on tariffs on India, FII outflows, and sustained weak sentiments at the domestic equity markets capped sharper gains in the rupee, according to forex traders

On Wednesday, the last trading session of 2025, it had settled at 89.88 against the US dollar

Rupee falls 11 paise in early trade

January 1, 2026, 02:05 PM - 2 min read

The rupee began its first day in the new year on a negative note, depreciating 11 paise to settle at 89.99 against the US dollar as foreign fund outflows remained persistent

Foreign institutional investors offloaded equities worth ₹1,721.26 crore on Wednesday, according to exchange data

Rupee falls 23 paise against US dollar in early trade

December 26, 2025, 10:45 AM - 2 min read

At the interbank foreign exchange, the local unit opened at 89.84 against the dollar but lost ground to trade at 89.94, down 23 paise from its previous close

The domestic unit depreciated 24 paise in the morning, with forex traders predicting more pressure on the local unit due to aggressive dollar purchases from importers as global prices for precious metals surge

Rupee hits record low of 90.41

December 12, 2025, 11:13 AM - 3 min read

The Indian currency is under pressure, largely due to aggressive dollar purchases by importers amid surging global precious metal prices

Brent crude, the global oil benchmark, was trading 1.25 per cent lower at USD 61.43 per barrel in futures trade

Rupee closes at all-time low of 90.33 against USD

December 11, 2025, 06:27 PM - 3 min read

The rupee plunged 39 paise to close at an all-time low of 90.33 (provisional) against the US dollar on Thursday amid uncertainty over the India-US trade deal

In its bi-monthly monetary policy, the RBI reduced the policy rate (repo) by 25 basis points to boost liquidity to support a “goldilocks” economy amid high US tariffs, and also announced three-year USD/INR Buy Sell swaps of USD 5 billion this month

The rupee will find its correct level: RBI Governor

December 7, 2025, 01:20 PM - 3 min read

With the rupee depreciating nearly 5 per cent this year, and the Reserve Bank of India (RBI) announcing a three-year USD/INR Buy Sell swaps of USD 5 billion this month in its monetary policy meeting, the central bank’s governor, Sanjay Malhotra, said the bank does not target any band for the rupee in the forex market and allows the domestic unit to “find its own correct level”