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India Rupee News

18 Dec 2022

Banks looking at possibility of rupee trade with Bangladesh, African nations

Banks lookin to start rupee trade with Bangladesh and African countries like Egypt. Union Bank of India has opened a special rupee account of Ros Bank Russia. Another Russian bank Gazprombank, which does not have its branch in India, has also opened this account with Kolkata-based UCO Bank.

03 Sep 2022

Domestic banks should keep more capital for worst-case scenario: RBI governor

RBI governor stressed banks should raise more capital due to uncertain global financial environment. He assures RBI keeps track of excessive lending in any sector - NBFCs, small financial banks, etc. India's inflation has reached to peak and now it is in declining phase, said Das.

03 Feb 2021

Got soiled currency notes? Know how and where to exchange it free of cost

A soiled currency note means a note which has become dirty due to normal wear and tear. This also includes a two piece note pasted together wherein both the pieces presented belong to the same note and form the entire note with no essential feature missing. These notes should be accepted over bank counters in payment of government dues and for credit to accounts of the public maintained with banks.

11 Dec 2018

Rupee plunges 110 paise to 72.42 per US dollar in early trade

On Monday, the Indian rupee tumbled 50 paise to close at 71.32 against the US dollar.

03 Dec 2018

Rupee breaks 4-day winning run, drops 88 paise at 70.46 per dollar

Forex dealers said increased dollar demand from importers amid firming global crude oil prices and a strong dollar weighed on the rupee sentiment.

28 Nov 2018

Rupee rises 17 paise to 70.62 against USD on easing crude prices

Forex dealers said the greenback's weakness against some currencies overseas also aided the domestic currency.

26 Nov 2018

Rupee rises 39 paise to 70.30 against dollar in early trade

Traders said the weakness in the greenback against some currencies overseas and a higher opening of domestic equities supported the rupee.

20 Nov 2018

Rupee strengthens 29 paise to 71.38 against US dollar

Besides, the dollar's weakness against some currencies overseas also supported the rupee.

19 Nov 2018

Rupee sheds 9 paise to 72.02 against US dollar

Fresh demand for the American currency from importers amid rise in crude prices weighed on the domestic unit, dealers said.

15 Nov 2018

Rupee rises 24 paise against dollar on fresh fund inflow, easing crude prices

Brent crude, the international benchmark, fell eased by 0.47 percent to USD 65.81 a barrel.

22 Oct 2018

Rupee gains 8 paise to 73.24 against US dollar in early trade

On Friday, the rupee had settled 29 paise higher at 73.32 against the US dollar, amid a weakening greenback.

15 Oct 2018

Rupee falls 36 paise to 73.93 against dollar in early trade

A spurt in dollar demand from importers amid sustained foreign fund outflows also weighed on the rupee.

11 Oct 2018

Rupee hits new low of 74.45 against US dollar

On Wednesday, the rupee snapped its six-session losing streak to end 18 paise higher at 74.21 against the US dollar after the American currency weakened overseas.

10 Oct 2018

Rupee rises from record low, recovers 23 paise against US dollar

A higher opening of domestic equity markets too aided the recovery in the domestic unit.

09 Oct 2018

Rupee slumps 33 paise to close at record low of 74.39

On Monday, the domestic unit plummeted by 30 paise to close at record low of 74.06.

09 Oct 2018

Rupee slips to new low, touches 74.27 against dollar

Rupee has been on a downward spiral lately.

09 Oct 2018

Rupee recovers 18 paise against US dollar

In the previous session Monday, the rupee slumped 30 paise to finish at a fresh lifetime low of 74.06 against the US dollar.

08 Oct 2018

Rupee ends at record low of 74.06 against dollar

On Friday, the rupee had lost 18 paise to end at record low of 73.76.

08 Oct 2018

Rupee falls 14 paise against US dollar in opening trade

The dollar strengthened after China's central bank eased its domestic policy to support the economy.

05 Oct 2018

Rupee at 74 to a dollar is still better than its peers: Patel

Addressing the media after the customary post-policy presser, Patel said the rupee has experienced bouts of volatility since the monetary policy committee meeting in August.

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