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 ...

THE RUPEE SLUMPS BY 28 PAISE

Highlights:

• The rupee slumps by 28 paise and settled at 75.86 against the US dollar.
• In the last few trading sessions, the value of the Indian currency remained consolidated in the range of 75 and 76.
• The industrial produced contracted over...

RUPEE SURGE BY 10 PAISE AGAINST THE US DOLLAR

Highlights:

• The rupee surge by 10 paise and settle at 75.46 against the US dollar.
• The volatility of the Indian currency confined to a range as the market participants remained cautious about the announcement of the second tranche of the financial pro...

THE RUPEE SLUMPS BY 12 PAISE

Highlights:

• The rupee slumped by 12 paise and stood at 75.58 against the US dollar.
• The market sentiments were weighed after the announcement of the first tranche of the government’s economic package by the Finance Minister.
• The packa...

THE RUPEE SURGE BY 23 PAISE

Highlights:

• The rupee surge by 23 paise against the US dollar and settle at 75.29.
• The Indian currency boosted after the Indian Prime Minister announced Rs. 20 lakh crore stimulus package to revive the coronavirus hit on the economy.
• India&...

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 3 PAISE AGAINST US DOLLAR

Highlights:

• The rupee slumps by 3 paise and settled at 75.58 against the US dollar.
• The Indian government is planning to borrow Rs. 2 lakh crore in the financial year to March 2021 to cushion the damage done by the outbreak of coronavirus pandemic.

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 10 PAISE

Highlights:

• The rupee slumps by 10 paise and settled at 75.73 against the US dollar.
• The Indian currency is consolidated in the range of 75.20 and 75.80 for the second successive session.
• The rupee, for today, is expected to be in the range...

RUPEE SURGES BY 8 PAISE

Highlights:

• The rupee gained 8 paise and stood at 75.63 against the US dollar.
• The dollar index against the basket of six currencies, fell by 0.12 percent.
• Oil prices are rebounding after more countries are easing the lockdown.

RUPEE SLUMP BY 61 PAISE AGAINST THE DOLLAR

Highlights:

• The rupee fell by 61 paise against the US dollar and stood at 75.71.
• Fresh fears of trade-war are pacing with the growing tension between the two largest economies of the world, the US, and China.
• According to the financial firm...

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...

RBI INTERVENTION SAVES RUPEE

Highlights:

• The Reserve Bank of India saved the Indian currency after it stepped in to help lift the currency from record lows. 
• The central bank has sold around $1.5 billion.
• The rupee hit the lowest on Friday of 74.50 against the US ...

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 ...

RBI INTRODUCES USD/RS SELL-BUY SWAPS AS RUPEE HIT AN ALL-TIME LOW

Highlights: 

• The rupee fell to 74.48 in intraday trading 
• RBI calms market with the buy-sell swap offer 
• The swap will be conducted through auctions 
• The first batch of tranches will be auctioned in March for $2