Rupee slips to all-time low of 84.38 against US Dollar as Asia FX declines
Mumbai/IBNS: The Indian rupee hit a record low on Monday (Nov. 11), pressured by concerns over Donald Trump's US presidentiaL election victory that weighed on Asian currencies and ongoing outflows from Indian stocks impacting the local currency.
New Delhi/IBNS: The Indian rupee on Wednesday (Nov. 6) hit a record low as preliminary US presidential election results strengthened the dollar and weighed on Asian currencies.
Rupee gains 6 paise to reach 83.94 against US Dollar in early trade
Mumbai/IBNS: The rupee strengthened by 6 paise to 83.94 against the US dollar in early trading on Tuesday, aided by a weaker dollar and a decline in crude oil prices.
India’s Forex reserves reach record high of $704.89 billion
New Delhi: India's foreign exchange reserves have surged to an all-time high of $704.89 billion, marking an increase of $12.5 billion as of September 27, according to data from the Reserve Bank of India (RBI) released on Friday.
What happens when you start your equity SIP and the market crashes?
Starting a systematic investment plan (SIP) in equity funds is a smart way to build wealth over the long term. For an Indian audience, however, market volatility and the possibility of a crash can be a cause for concern, especially for new investors. If you have recently initiated an equity SIP and find yourself facing a market crash, it's vital to understand the implications and how to respond.
Rupee declines by 4 paise against USD
Mumbai/UNI: The rupee on Monday slipped four paise to 83.15 in the opening session on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Rupee down 3 paise against USD
Mumbai/UNI: The rupee on Wednesday slipped three paise to 83.34 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.
Rupee rises by 2 paise against USD
Mumbai/UNI: The Rupee on Friday moved up two paise at 83.15 in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Rupee rises 4 paise against USD
Mumbai/UNI: The Rupee on Friday gained four paise at 83.24 in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Mumbai/UNI: The rupee on Thursday rallied eight paise at 83.32 in the opening session against US Dollar on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said.
Rupee opens steady at 83.28 against USD
Mumbai/UNI: The Rupee on Friday opened on a flat note at 83.28 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Rupee falls 4 paise against USD
Mumbai/UNI; The rupee on Tuesday slipped four paise to 83.25 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Rupee improves 3 paise against USD
Mumbai: The Indian Rupee on Wednesday rose marginally by three paise to close at 82.85 on the selling of US Dollar by bankers and exporters amid a rebounding equity market, dealers at the Foreign Exchange said.
Rupee opens steady at 82.02 against USD
Mumbai/UNI: The Rupee opened on a steady note on Thursday at 82.02 against the US Dollar on selling of the US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Rupee down 12 paise against USD
Mumbai/UNI: Rupee on Wednesday slipped 12 paise at 81.99 against the US Dollar in the opening session on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.