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Indian Rupee

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SBI report: Trump’s Influence on Indian Rupee expected to be temporary

SBI report: Trump’s Influence on Indian Rupee expected to be temporary

Historical data referenced in the report shows that the Indian rupee tends to perform better during Republican presidencies compared to Democratic ones

14 January,2025 12:27 PM IST | New Delhi | mid-day online correspondent
India's forex reserves steadily declines, kitty now stands 10 percent below peak

India's forex reserves steadily declines, kitty now stands 10 percent below peak

The reserves have been falling, most likely as a result of RBI intervention aimed at forcefully preventing the rupee from depreciating sharply

05 January,2025 04:48 PM IST | New Delhi | mid-day online correspondent
Rupee hits new all-time low of 85.80 in mid-session amid rising FII outflows

Rupee hits new all-time low of 85.80 in mid-session amid rising FII outflows

The Indian rupee reached a record low of 85.80 against the US dollar during mid-session on December 27, 2024, driven by rising US bond yields, foreign institutional investor (FII) outflows, and increasing crude oil prices

27 December,2024 01:49 PM IST | Mumbai
Rupee falls to 85.16, hitting a new all-time low against the US dollar

Rupee falls to 85.16, hitting a new all-time low against the US dollar

The rupee fell to a record low of 85.16 against the US dollar, driven by capital outflows, a stronger dollar, and rising crude oil prices. Despite positive domestic equity trends, the rupee's decline continues

24 December,2024 09:32 AM IST | Mumbai
Rupee falls to all-time low of 85.06 against the US dollar

Rupee falls to all-time low of 85.06 against the US dollar

The Indian rupee dropped to an all-time low of 85.06 against the US dollar, driven by a hawkish US Federal Reserve outlook, a rising dollar, and foreign fund outflows.

19 December,2024 09:49 AM IST | Mumbai
Rupee hits new all-time low of 84.92 against the US dollar

Rupee hits new all-time low of 84.92 against the US dollar

The Indian rupee touched a new all-time low of 84.92 against the US dollar in early trade on December 17, impacted by rising foreign fund outflows, a growing trade deficit, and an increase in gold imports. Analysts suggest the rupee will remain under pressure.

17 December,2024 10:42 AM IST | Mumbai
Rupee falls to 84.83 against US dollar amid weak equities and high crude prices

Rupee falls to 84.83 against US dollar amid weak equities and high crude prices

The Indian rupee dropped by 3 paise to 84.83 against the US dollar on Monday, reflecting the weak performance of domestic equities and rising crude oil prices. Forex traders highlight persistent dollar demand as a key factor in the rupee's decline.

16 December,2024 10:05 AM IST | Mumbai
Rupee recovers from all-time low, appreciates to 84.83 against US dollar

Rupee recovers from all-time low, appreciates to 84.83 against US dollar

The Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.

13 December,2024 09:45 AM IST | Mumbai
Rupee falls by 2 paise to 84.85 against the dollar in early trade

Rupee falls by 2 paise to 84.85 against the dollar in early trade

The Indian rupee slipped by 2 paise to 84.85 against the US dollar due to foreign fund outflows, rising crude oil prices, and a higher dollar index. The domestic currency's decline comes ahead of key inflation data.

12 December,2024 09:41 AM IST | Mumbai
Rupee drops 7 paise to 84.73 against the US dollar in early trade

Rupee drops 7 paise to 84.73 against the US dollar in early trade

The Indian rupee weakened by 7 paise to 84.73 against the US dollar in early trade on Monday, driven by foreign fund outflows and subdued domestic equities. Experts predict limited downside for the rupee in the near term.

09 December,2024 10:14 AM IST | Mumbai

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