Japanese yen

Rupee plunges to over 6-mth low of 71.43; skids 29 paise

7:45 pm August 19, 2019

Mumbai: The Indian rupee tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar on Monday amid growing worries over economic slump and sustained foreign fund outflows. Further, rising crude oil prices and strengthening of the US dollar vis-a-vis other currencies overseas also took toll on the Indian currency. […]

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Rupee rebounds 18 paise to 70.71 against USD in early trade

11:06 am August 8, 2019

Mumbai: The rebounded by 18 paise to 70.71 against the US dollar in early trade on Thursday, a day after the Reserve Bank of India cut the key interest rate by 35 basis points. At the interbank foreign exchange, the rupee witnessed high volatility against the US dollar. The local unit opened strong at 70.80 […]

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Rupee slumps 54 paise to 69.60 vs USD

7:30 pm August 2, 2019

Mumbai: The rupee dived 54 paise on Friday to close at an over six-week low of 69.60 against the US dollar as soaring crude oil prices and a fresh flare up in US-China trade tensions weighed on emerging market currencies. Global markets tumbled and safe-haven assets like the Japanese yen gained after President Donald Trump […]

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