Recent Highlights
All Stories for Importers
Rupee falls 19 paise to 69.15 in early trade on crude oil price rise, increased demand for greenback from importers
• 6 years agoAt the interbank forex market, the rupee opened lower at 69.11 and weakened further to 69.17 on increased demand from importers.
Rupee trims early gains to end flat at 73.45 against US dollar on late dollar demand from importers
• 6 years agoThe rupee opened higher at 73.33 amid sharp gains in local stock markets
Rupee falls 17 paise to 73.44 against dollar in early trade; increased demand in US currency from importers
• 6 years agoTraders said the US dollar's strength against some currencies overseas and a lower opening in the domestic equity markets also weighed on the local unit.
Rupee softens 9 paise against US dollar in early trade; rise in demand for US currency from banks, importers
• 6 years agoThe rupee had lost 26 paise to close at 73.83 Monday after crude prices rose amid intensifying geopolitical tensions.
Rupee slumps 26 paise to close at historic low of 71 for first time against US currency
• 7 years agoThe rupee on Friday slumped by 26 paise breach the historic low of 71 level for the first time against the US currency due to firming crude oil prices and strong month-end demand from oil importers.
Rupee weakens further; hits fresh record low of 70.82, drops 23 paise against dollar on strong month-end demand for US currency
• 7 years agoAt the Interbank Foreign Exchange (Forex) market, the rupee opened a tad higher at 70.57 a dollar from its previous close of 70.59 but slipped to hit a fresh low of 70.82, down by 23 paise.
Rupee slides 49 paise to end at record low of 70.59 on heavy US dollar demand from importers, foreign capital outflows
• 7 years agoConsistent US dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices, kept the rupee under pressure, dealers said.
Rupee sinks to new low of 70.52, slumps 42 paise against US dollar on strong month-end demand for American currency
• 7 years agoThe rupee on Wednesday collapsed to a lifetime low of 70.52 by plunging 42 paise against the dollar on strong month-end demand for the American currency amid foreign fund outflows
Rupee hits fresh two-week low of 68.88 against dollar, plunges 28 paise on demand for US currency from importers, corporates
• 7 years agoRupee crashes to lifetime low of 69 per dollar: Drop has market talking, but RBI intervention can trigger reversal of direction
Madan • 7 years agoThe RBI has to step in now and send signals. Else, the assumption will be that a weaker rupee is acceptable as it provides a boost to exports.