The Indian rupee reached an all-time low of 84.76 against the US dollar in early trade on Tuesday, due to the strong US currency, foreign portfolio outflows, and global political uncertainties. Experts remain cautious ahead of the upcoming RBI monetary policy meeting.
03 December,2024 10:24 AM IST | Mumbai
The Indian Rupee opened slightly higher at 84.58 against the US dollar on Monday, amid global market uncertainty and weaker domestic economic data.
02 December,2024 10:05 AM IST | Mumbai
Forex traders said the dollar demand from importers for meeting month-end payment obligations weighed on the rupee, while the GDP data released by the government later in the day adversely impacted the currency market, toppling the local unit to its record low
29 November,2024 09:23 PM IST | Mumbai | mid-day online correspondent
Rupee weakens by 2 paise to 84.49 against the US dollar in early trade on Friday, pressured by foreign fund outflows and month-end dollar demand
29 November,2024 10:25 AM IST | Mumbai
The rupee weakened by 15 paise to 84.44 against the US dollar in early trade on Wednesday due to liquidity constraints and muted equity market trends. Brent crude prices and a weaker dollar index limited further losses
27 November,2024 02:19 PM IST | Mumbai | mid-day online correspondent
The rupee appreciated by 7 paise to 84.22 against the US dollar in early trade, driven by robust FII inflows and a rebound in domestic equities
26 November,2024 10:24 AM IST | Mumbai
The rupee appreciated 6 paise to 84.35 against the US dollar on Monday, bolstered by a strong trend in domestic equities. Analysts caution that elevated crude oil prices and a firm Dollar Index may impact long-term performance.
25 November,2024 10:13 AM IST | Mumbai
The Indian rupee traded in a narrow range against the US dollar in early trade on Friday, showing a marginal recovery of 3 paise to 84.47. Geopolitical tensions, foreign portfolio outflows, and a stronger US dollar continue to pressure the currency
22 November,2024 10:25 AM IST | Mumbai
Indian equity benchmarks Sensex and Nifty rebounded in early trade on Friday, following a sharp decline in the previous session. The recovery was led by value buying at lower levels, gains in blue-chip bank stocks, and support from domestic institutional investors
22 November,2024 10:22 AM IST | Mumbai
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have signed an MoU to enable cross-border transactions using the Indian Rupee (INR) and Maldivian Rufiyaa (MVR). This initiative aims to reduce transaction costs, enhance trade efficiency, and strengthen economic ties between the two nations
22 November,2024 08:40 AM IST | MumbaiADVERTISEMENT
