US dollar

Rupee hits fresh 6-mth low of 71.71; dives 28 paise

6:51 pm August 20, 2019

Mumbai: The Indian rupee on Tuesday furthered its loss by another 28 paise to close at a new six-month low of 71.71 against the US dollar as economic uncertainties continued to weigh. Investors remained risk averse considering a host of factors including fast-spreading economic slowdown, outlook on foreign fund outflows and weakness in most emerging […]

Rupee slips 23 paise to 71.66 vs USD in early trade

11:42 am August 20, 2019

Mumbai: The rupee opened on a weak note and fell 23 paise to 71.66 against the US dollar in early trade on Tuesday amid rising crude oil prices and unabated foreign fund outflows. On Monday, the rupee had tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar amid […]

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. […]

Rupee rises 55 paise to 70.85 against USD in early trade

11:03 am August 14, 2019

Mumbai: The rupee rebounded from the six-month low and appreciated by 55 paise to 70.85 against the US dollar in early trade on Wednesday amid positive opening in domestic equity market and easing crude oil prices. On Tuesday, the rupee had plunged 62 paise to close at a nearly six-month low of 71.40 against the […]

Trump: not ‘thrilled’ with strong US dollar, hurts manufacturing

11:06 pm August 8, 2019

Washington: President Donald Trump said Thursday he is not happy with the strong US dollar, which is hurting American manufacturing, and blamed the Federal Reserve for keeping interest rates too high. Breaking with decades of US policy, Trump said on Twitter that a weaker dollar would help US firms compete. “As your President, one would […]