Search result for Rupee
With today's closure, the value of one US dollar was 81.77 rupees
As the US dollar strengthened elsewhere and oil prices rose, the Indian rupee ended Tuesday at a preliminary rate of 81.77 USD/INR (minus 19 paise). Investor sentiment, according to forex traders, has taken a hit due to prolonged withdrawals of foreign funds. The rupee started the day trading at ...
Upon its initial public offering, Archean Chemical's stock rose 12.1 percent, and 1.14 billion Indian rupees were transacted
On its first day of trading on the stock market, Archean Chemical Industries' stock rose by more than 12%. The company's shares closed at Rs 458, up Rs 51, or 12.53 percent, from its issue price of Rs 407.
The stock traded as high as Rs 476 and as low as Rs 440.2 during intraday...
In early trading, the rupee climbs 5 paisa to 79.82 US cents
As domestic equities continued their upward trajectory, the rupee strengthened 5 paise to 79.82 against the US dollar in early trade on Monday.
According to forex traders, the rupee is trading in a tight range as investor confidence is being affected by the strengthening of the American...
Against the US dollar, the rupee adds 6 paise to close at 79.86
Supported by foreign fund inflows and a bullish trend in domestic markets, the rupee strengthened by 6 paise to settle at 79.86 (provisional) against the US dollar on Friday.
According to the Forex dealers stated that the rupee's advance was nevertheless limited by increased crude p...
‘INDIA HAS BEEN EXEMPLARY IN PUBLISHING ITS FOREIGN EXCHANGE MARKET INTERVENTION’ SAYS US REPORT
Highlights
• In a report submitted to Congress on Friday, the US Department of Treasury said India has been exemplary in publishing its foreign exchange market intervention
• According to the India section of the Treasury Department report, India's goods trade su...
INDIAN INVESTOR, RAKESH JHUNJHUNWALA: BAN BTC IN INDIA
Highlights:
• Indian government is still mulling over its decision on cryptocurrencies
• The likely ban in India, has sent ...
RUPEE SLUMPS BY 15 PAISE AGAINST THE US DOLLAR
Highlights:
- The rupee fell by 15 paise on Tuesday against the US dollar and stood at 75.88.
- The equity benchmark index Bombay Stock Exchange (BSE) Sensex traded over 500 points which are down at 31,044.
- The Indian currency fell by 19 paise ...
RUPEE SLUMPS BY 9 PAISE
Highlights:
- The rupee fell by 9 paise and stood at 75.72 against the US dollar.
- Increased coronavirus cases have weighed on the Indian currency.
- The dollar index against the six major currencies surged by 0.40 percent and stood at 100.10.
RUPEE SLUMPS BY 17 PAISE
Highlights:
- The rupee slumps by 17 paise and settled at 74.08 against the greenback.
- The US Federal Reserve stated that it will elaborate its balance sheet by at least $700 billion in the weeks to come.
- The Federal Reserve has cut the inter...
RUPEE SLUMPS TO RECORD LOW
Highlights:
- The rupee fell to a record low and settled at 74.48 against the American Dollar.
- The rupee entered the trading market with a fall of 17 paise from the previous session closing.
- USDINR is expected to be in the range of 74.20 and ...
RUPEE GAINS 22 PAISE
Highlights:
- The rupee gained 22 paise and settled at 73.08 against the greenback.
- An emergency meeting took place between G7 finance ministers and central banks to talk about growing concerns over coronavirus.
- USDINR pair is expected to be ...
RUPEE GAINS 26 PAISE
Highlights:
- The rupee opened with a gain of 26 paise and settled at 72.47 against the U.S. dollar.
- The U.S. currency became stable after optimism from the Federal Reserve.
- Indian equity market slumped for the seventh consecutive session.
RUPEE OPENED WITH A SLUMP OF 23 PAISE
Highlights:
- The rupee slumps by 23 paise and settled at 71.89 against the US dollar.
- South Korea has kept the country on high alert as the number of cases of the coronavirus hiked.
- The USDINR pair is expected to be in the range of 71.70 and...
RUPEE ENTER THE TRADING WITH A FALL OF 23 PAISE
Highlights:
- The rupee entered the trading market at 71.79 against the US dollar.
- Oil prices surged by nearly 1 percent.
- USDINR pair is expected to be in the range of 71.20 and 71.80.
On Thursday, the rupee entered the mark...
The Indian Defaulters from the UAE.
Even as trade is booming between the two countries, standing at $52 billion in 2017 and $57 billion in late 2018, some concerns have recently erupted in the UAE in the form of huge $6.8 billion of unpaid debts by UAE based Subsidiaries of Indian companies. Trade stood at nearly $70 billion in 201...
RUPEE GAINED AND SETTLED AT 71.19 AGAINST THE DOLLAR
Highlights:
- The rupee gained 19 paise in the early trade and settled at 71.19 against the greenback.
- Brent crude oil future has gained 0.40 percent and settled at $54.57 per barrel.
- The 10-year government bond yields were at 6.50 in the ear...
ASIAN CURRENCIES WEAKENS AS THE VIRUS WORRIES ESCALATED
Highlights:
- Chinese Yuan slumped by 1.2%.
- Chinese equities suffered a loss of more than $420 billion.
- Indonesian Rupiah fell by 0.6%.
Chinese Market reopened with a slump in its currency after the extended Lunar New Year b...
FOREX RESERVES AT ALL-TIME HIGH
Highlights:
- India's Foreign exchange reserves have reached $466.69 billion, marked as a lifetime high.
- Currency assets have gone up by $4.470 billion and settled at $432.919 billion.
- Gold Reserves has also surged by $153 million to $28....
RUPEE SLUMPS BY 14 PAISE
Highlights:
- The rupee has slumped by 14 paise and settled at 71.40 against the greenback.
- According to the brokerage firm Motilal Oswal Financial Services, the USDINR is expected to be in the range of 71.20 and 71.80.
- The Indian currency en...
CENTRAL BANK DIGITAL CURRENCY PROPOSED IN INDIA
Highlights:
- National Institute for Smart Government (NISG) has proposed digital rupees.
- A Central Bank Digital Rupee (CBDR) will run on permissioned blockchain.
- Reserve Bank of India (RBI) had banned the use of cryptocurrencies in 2018, how...