Last Updated:February 24, 2025, 09:42 IST The Indian rupee rises by 10 paise to trade at 86.58 against the US dollar in the opening trade. Indian Rupee Vs US Dollar. The Indian rupee on Monday rose by 10 paise to trade at 86.58 against the US dollar in the opening trade. (The story will be…
Last Updated:February 12, 2025, 16:45 IST According to forex traders, the rupee stayed firm initially but lost grounds amid volatile domestic equity markets that also added to the trend of withdrawal by foreign institutional investors. At the interbank foreign exchange, the rupee opened at 86.44 and moved between the high of 86.36 and the low…
Last Updated:February 17, 2025, 10:17 IST The rupee witnessed a rangebound trade and depreciated 5 paise to 86.76 against the US dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. Rupee depreciates against dollar. The rupee witnessed a range-bound trade and depreciated 5 paise…
Curated By: Business Desk Last Updated: October 17, 2023, 11:44 IST Due to the absence of a metric system, all currencies were of equal value. India was under British rule at the time and the rupee held a higher value compared to the dollar because the pound sterling was stronger than the dollar. If we…
The rupee is currently trading at its all-time low of 83.10 against the US dollar, due to a negative trend in domestic equities and foreign fund outflows. The rupee is also likely to trade with a negative bias on risk aversion in global markets and a rising US dollar. The all-time low rupee will make…
Is Indian Rupee is in the Race to take over the American Dollar? More than 18 countries have agreed to use Rupee for International trade with India. After this more than 35 countries have shown their interest to trade in Indian Rupee. The global importance of the Indian Rupee has risen in the last…
Reversing the early morning trade, the Sensex on Monday, August 14, rose 79.27 points to settle at 65,401.92 points, while the Nifty ended the day 6.25 points higher at 19,434.55 points. However, the rupee declined 15 paise to close at 82.97 (provisional) against the US dollar. During the day, the Sensex opened lower by about…