Tag: Rupee Falls

Rupee & Dollar
Rupee plunges to all-time low of 82.33 against dollar

Indian rupee on Friday fell sharply to its all-time low of 82.33 against the dollar owing to a rise in US bond yields and firming up of crude oil prices.

  • Friday, 07 October 2022
Rupee hits new low
Rupee plunges 63 paise to close at new record low

The Indian rupee ended at a record low against the US dollar for the third straight session on Monday on risk-averse sentiments and unprecedented strength in the greenback following Fed tightening and recession worries.

  • Monday, 26 September 2022
Rupee drops to record low of 79.62 against US dollar
Rupee drops to record low of 79.62 against US dollar

Crude oil prices trading near USD 100 per barrel level, however, supported the local unit, forex dealers said.

  • Wednesday, 13 July 2022
Inflationary Fears: Rupee Hits Record Low At Over 77 To USD
Inflationary Fears: Rupee Hits Record Low At Over 77 To USD

According to Kshitij Purohit Lead Commodities and Currencies, CapitalVia Global Research: "India's traditionally non-interventionist central bank may allow further depreciation of Asia's worst-performing currency since the start of the Ukraine conflict in the hope that a weaker rupee will increase export competitiveness and assist close gaps presumably widening due to rising oil costs."

  • Monday, 07 March 2022
Isolated US policies behind depreciation of world currencies: Pradhan

Bhubaneswar: The BJP-led government at the Centre is taking all possible measures to check the rising prices of petrol and diesel, said Union Petroleum and Natural Gas Minister Dharmendra Pradhan. Talking to reporters on the sidelines of the National Convention of Company Secretaries in Bhubaneswar, Pradhan stated that, ‘The prices of crude oil have risen […]

  • Tuesday, 22 June 2021
Rupee Falls 38 Paise; Touches 71 Level Against US Dollar

Mumbai: The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities. Forex traders said the strength of the US dollar against other overseas currencies and concerns about US-China trade negotiations also kept investors edgy. At […]

  • Tuesday, 27 April 2021