Rupee vs Dollar (File photo) The Indian rupee continued its upward momentum for the seventh consecutive session, rising by 31 paise to close at 85.67 (provisional) against the US dollar on Monday. This gain wiped out all of the rupee’s losses for 2025, boosted by positive trends in domestic equity markets, fresh foreign capital inflows,…
MUMBAI: The rupee finished the week on a strong note, closing at Rs 86.87 against US dollar, up 24 paise from the previous day’s Rs 87.11. This represented its best weekly performance in over two years, rising 0.7% week-on-week, as the dollar weakened against most major currencies. The greenback was on track for its worst…
MUMBAI: The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the US dollar on Wednesday amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity markets and sustained outflow of foreign funds also played spoilsport even…
MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields…
NEW DELHI: The Indian rupee slid to a record low of 85.24 against the US dollar in early trade on Thursday, weighed down by rising US Treasury yields and a decline in most Asian currencies. The rupee, which had closed at 85.20 on Tuesday, opened lower after a mid-week holiday in Indian financial markets.The 10-year…
The rupee recovered from its all-time low level and settled for the day with gains of just 3 paise at 84.72 (provisional) against the US dollar in a range-bound trade on Thursday, amid a positive trend in domestic equities. Forex traders said the Indian rupee recovered slightly on strength in the domestic markets and overnight…
MUMBAI: The rupee closed higher on Friday at 84.44, gaining six paise from Thursday’s close of 84.50, though it closed marginally lower for the week. A rebound in the equity markets offered some support, but the currency faced pressure from global factors including the strengthening of the dollar and geopolitical tensions.Reuters reported that RBI had…
Kuldeep Yadav (BCCI Photo) NEW DELHI: It seems the wounds of losing the ICC ODI World Cup 2023 final against Australia still linger for Team India and its fans. One year after India’s defeat in the November 19, 2023, final, spinner Kuldeep Yadav found himself facing online criticism for his performance in that crucial match.As…