archiverupee exchange rate

Currencies

Currency Market News: Rupee hits 7-month high before retreating; closes nearly flat at 84.53 vs US dollar

Rupee on Friday climbed to a seven-month high, briefly breaching the 84-per-dollar mark, buoyed by sustained foreign fund inflows and strong domestic economic indicators. However, it failed to hold onto the gains and ended the day just 1 paisa stronger at 84.53 against the US dollar. In a session marked by volatility, the rupee touched an intra-day high of 83.76 — its strongest level since October 2024 — before slipping back. It opened at 83.98 and moved in a range of 83.76 to 84.55 through the day. Traders attributed the...
Currencies

Currency Market News: Rupee strengthens 27 paise to 84.96 vs dollar on robust fund inflows

Rupee appreciated by 27 paise to 84.96 against the US dollar in early trade on Tuesday, buoyed by strong foreign fund inflows, healthier domestic economic data, and easing global tensions. Forex traders observed that India's manufacturing and industrial sectors both grew by 3 per cent, highlighting the strength of domestic demand. Additionally, a significant rally in domestic equities, fueled by an influx of foreign investments, helped boost market sentiment. Despite this positive movement, caution prevails, with traders pointing out that any rise in tensions between India and Pakistan could quickly...
Currencies

Currency Market News: Rupee jumps 25 paise to 85.08 vs dollar amid foreign inflows

Rupee jumped 25 paise to 85.08 against the US dollar in early trade on Friday, buoyed by robust foreign fund inflows and positive remarks from the US Treasury Secretary indicating India could be the first to sign a trade tariff treaty with the US. Forex analysts noted that India is emerging as a symbol of “quiet strength,” supported by improving macroeconomic fundamentals and increasing global interest. The Reserve Bank of India, in its latest bulletin, highlighted the country’s growing economic resilience, pointing to diversified trade ties and favourable market sentiment....
Currencies

Currency Market News: Rupee slips 4 paise to 85.19 vs US dollar

Rupee traded in a narrow band and slipped 4 paise to 85.19 against the US dollar in early trade on Tuesday, as gains from upbeat domestic equities were offset by dollar short-covering among investors. Forex analysts noted ongoing concerns about global economic headwinds stemming from tariffs and US monetary policy, which could dampen overall demand. At the interbank foreign exchange market, the rupee opened at 85.11 and later declined to 85.19 against the US dollar, marking a 4 paise drop from its previous close. On Monday, the rupee had gained...
Currencies

Currency Market News: Rupee falls 26 paise to 85.78 vs dollar after US slaps tariffs on India

Rupee dropped 26 paise to 85.78 against the US dollar on Thursday morning after US President Donald Trump imposed tariffs on nearly 60 countries, including India. The US has introduced a 27 per cent tax on Indian imports, arguing that India charges high duties on American goods.  The tariffs being implemented were conceived as part of Trump's plan to reduce the US trade deficit and to rejuvenate manufacturing at home. Though expected to adversely affect India's exports to US, experts feel that India is in a relatively better position compared...
Currencies

Indian rupee edges higher amid dollar inflows and US tariff concerns

The Indian rupee gained marginally on Wednesday to end at 85.705 per US dollar, up from the previous close of 85.755, LSEG data showed. Dollar inflows, maturity of positions in the non-deliverable forwards market with a sharp focus on tariff announcement on India by the US kept the rupee in a 20-paisa range during the day, traders said.The currency opened at 85.69 to $1 and weakened up to 85.89 to $1 during the day, before closing slightly stronger, according to LSEG data. The dollar index was largely stable at 104.2.“There...
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