Latest News on Foreign Exchange Market
Showing of 0 - 10 from 65 results
Foreign Exchange Market - Total results - 65
Nov 12, 2018
Rupee declines 39 paise to close at 72.89 against dollar as crude oil reboundsIncreased dollar demand from importers amid firming global crude oil prices and a strong dollar weighed on the rupee sentiment, a currency dealer said
Nov 02, 2018
Rupee logs biggest single-day gain in 5 years, leaps 100 paise against US dollar on crude respiteA bullish trend in the equity market and fresh foreign fund inflows also provided support to the rupee
Oct 12, 2018
Rupee zooms 55 paise to close at 73.57 against US dollar; marks biggest jump in over three weeksRising for the third straight day, the rupee strengthened by 55 paise to settle at 73.57 against the US dollar on Friday, marking its biggest gain in over three weeks as global crude prices eased and domestic indices staged a smart rebound
Oct 01, 2018
Rupee slumps 43 paise to end near two-week low of 72.91 against US dollar amid steady capital outflowsThe rupee tumbled 43 paise to end at a near two-week low of 72.91 against the US dollar on Monday amid a strengthening greenback and steady capital outflows.
Sep 11, 2018
Rupee crashes to fresh record low of 72.69, down 24 paise on higher crude prices, capital outflows and trade war concernsThe rupee is the latest currency to be dragged down by fears that an escalating trade war could hurt global growth and severely affect Asian economies.
Sep 10, 2018
Rupee in free-fall: Currency cracks below 72-mark to end at record low of 72.45 on global concernsHeavy speculative dollar demand along with panic among importers sent the rupee tumbling by a sharp 94 paise to hit a historic low of 72.67 in mid-morning trade, triggering the central bank intervention to defend the currency.
Sep 07, 2018
Rupee firms up by 24 paise to 71.75 against US currency in morning deals on dollar selling by banks, exportersThe rupee was trading higher by 24 paise to 71.75 against the US currency in late morning deals on Friday due to sustained bouts of dollar selling from banks and exporters.
Aug 31, 2018
Rupee breaches 71-mark: State Bank of India says domestic currency still overvalued, no need to panicThe rupee has been the worst among the large emerging market peers, losing over 10 percent from the beginning of the year. But SBI managing director PK Gupta said that the rupee has been faring better than many of its peers, including the Turkish, Argentinean, and Indonesian currencies
Aug 30, 2018
Rupee slides further by 15 paise to end at fresh lifetime low of 70.74 on month-end demand for US dollars from importersIn the day trade, the rupee plunged to a record low of 70.90 to the dollar as firming oil prices fanned fears of widening current account deficit.
Aug 29, 2018
Rupee slides 49 paise to end at record low of 70.59 on heavy US dollar demand from importers, foreign capital outflowsConsistent US dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices, kept the rupee under pressure, dealers said.