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Vice Chair Richard Clarida

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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<img width="469" height="306" src="https://www.democraticaccent.com/wp-content/uploads/2019/06/Rupee-rises-21-paise-to-69.44-vs-USD-in-early-trade.jpg" class="attachment-post-thumbs size-post-thumbs wp-post-image" alt="" decoding="async" srcset="https://i0.wp.com/www.democraticaccent.com/wp-content/uploads/2019/06/Rupee-rises-21-paise-to-69.44-vs-USD-in-early-trade.jpg?w=469&ssl=1 469w, https://i0.wp.com/www.democraticaccent.com/wp-content/uploads/2019/06/Rupee-rises-21-paise-to-69.44-vs-USD-in-early-trade.jpg?resize=300%2C196&ssl=1 300w" sizes="(max-width: 469px) 100vw, 469px" />

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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<img width="469" height="306" src="https://www.democraticaccent.com/wp-content/uploads/2019/06/Rupee-rises-21-paise-to-69.44-vs-USD-in-early-trade.jpg" class="attachment-post-thumbs size-post-thumbs wp-post-image" alt="" decoding="async" srcset="https://i0.wp.com/www.democraticaccent.com/wp-content/uploads/2019/06/Rupee-rises-21-paise-to-69.44-vs-USD-in-early-trade.jpg?w=469&ssl=1 469w, https://i0.wp.com/www.democraticaccent.com/wp-content/uploads/2019/06/Rupee-rises-21-paise-to-69.44-vs-USD-in-early-trade.jpg?resize=300%2C196&ssl=1 300w" sizes="(max-width: 469px) 100vw, 469px" />

Rupee rises 23 paise to 68.74 vs USD in early trade

11:59 am July 19, 2019

Mumbai: The rupee appreciated by 23 paise to 68.74 against the US dollar in early trade Friday, as market participants pinned their hopes on aggressive interest cut by the US Federal Reserve later this month. Forex traders said rupee along with most Asian currencies were trading in the positive territory following dovish comments from both […]

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