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India currency News

26 Mar 2024

Rupee Recovers From All-Time Low Level; Rises 29 Paise To 83.32 Against USD

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said.

29 May 2019

US removes India from its currency monitoring list

For the first time, the US placed India in its currency monitoring list of countries in May 2018 with potentially questionable foreign exchange policies.

Rupee versus USD

09 Oct 2017

Rupee goes up 6 paise at 65.32 against USD

On Friday, the rupee had depreciated by 24 paise to end at 65.38 on persistent demand for the American currency from importers.

07 Oct 2017

Weekly Review: Rupee suffers 4th-straight weekly loss, settles down at 65.38 vs USD

The home currency briefly scaled back the significant 64-mark before retreating.

30 Sep 2017

Weekly Review: Rupee suffers nasty blow; at fresh six-month low of 65.28 vs dollar

Panic dollar buying from corporates and importers alongiwth fears over fund outflows from domestic capital market led to weakened forex market sentiment.

23 Sep 2017

Weekly Review: Rupee takes hefty blow; plunges sharply at fresh 2-1/2 year low

Stamping its biggest weekly fall of the year - the home currency crumbled by a whopping 71 paise, or 1.11 percent.

09 Sep 2017

Weekly Review: Rupee continues its aggressive appreciation for 3rd-straight week

This was the best close for the domestic currency seen since August 8, when it had settled at 63.63 per dollar.

02 Sep 2017

Weekly Review: Rupee posts gains for 2nd-straight week

The rupee finished on a slightly higher note at 64.02 against the US currency.

26 Aug 2017

Weekly Review: Rupee stages smart recovery to end at fresh 2-week high

This is the best closing for the home currency since August 9, when it had settled at 63.84.

19 Aug 2017

Weekly Review: Rupee shrugs off global implied volatility; ends almost flat

The rupee largely shrugged off global implied volatility and ended almost flat at 64.15 against the dollar in lethargic trade at the forex market during the holiday shortened week.

12 Aug 2017

Weekly Review: Rupee suffers a big blow; retracts sharply from 2-year high

Overall currency market sentiment witnessed a sudden revival of the elasticity pessimism following renewed dollar strength worldwide.

05 Aug 2017

Weekly Review: Rupee stamps its best weekly show this year

Stamping its best weekly show this year - the home currency garnered a solid 57 paise against the greenback.

29 Jul 2017

Weekly review: Rupee extends spectacular rebound rally

Extending its spectacular rebound rally, the rupee surged ahead to end at a fresh 2-1/2 month high of 64.15 in a highly volatile forex market following frantic dollar unwinding in the face of fading Fed rate hike rhetoric.

22 Jul 2017

Weekly Review: Rupee continues strong recovery momentum for 2nd consecutive week

A spectacular performance on domestic equities further supported the rally.

24 Jun 2017

Weekly Review: Rupee stretches downward trend for second-straight week

Rupee depreciated by a modest 9 paise to end at 64.52 against the US currency in a highly volatile week on the back of renewed dollar demand from importers and banks.

17 Jun 2017

Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar

The most powerful central bank in the world - the US Federal Reserve announced a quarter-point increase in the target range for the federal funds target range of 1.00 to 1.25 percent.

10 Jun 2017

Weekly review: Rupee makes roaring comeback to hit its highest level in three-week

Keeping its edge against the beleaguered dollar, the home currency ended higher by a solid 20 paise at 64.24.

03 Jun 2017

Weekly Review: Rupee ends the week virtually stable

The rupee ended the week virtually stable at 64.44 against the US dollar after witnessing a bit of roller coaster ride even as equities continued their record- breaking rally.

27 May 2017

Weekly Review: Rupee bounce-back from a near one-month low against dollar

The rupee staged a striking bounce-back from a near one-month low against US currency in a volatility marked trading and ended at 64.44 on bouts of dollar selling by banks and exporters even as stocks climbed to new milestones.

21 May 2017

FPIs stay bullish on India, pump in $2 billion in May

Overseas investors have pumped in more than USD 2 billion so far in the country's capital market this month, helped by stable outlook for the rupee.

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