US Dollar | The Asian Age

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The rupee dropped by another 14 paise to 73.90 per dollar in early trade on Monday as the US currency gained in global markets amid unabated foreign fund outflows.

Rupee falls 14 paise against US dollar in opening trade

The dollar strengthened after China's central bank eased its domestic policy to support the economy.

08 Oct 2018 10:30 AM

The rupee on Thursday crashed to a historic low of 73.81 to the dollar due to the twin-impact of capital outflows triggered by surging US Treasury yields and crude oil prices racing to a four-year high.

Rupee crashes to all-time low of 73.81 on capital outflows, rising oil prices

The rupee has lost 110 paise or 1.51 per cent in the three sessions since Monday.

04 Oct 2018 7:42 PM

Railway Minister Suresh Prabhu (Photo: PTI)

Suresh Prabhu to head panel on rupee

The trade deficit was at a five-year high of $18.02 billion in July. It came down to $17.4 billion in August.

04 Oct 2018 12:56 AM

The rupee tumbled 26 paise to end at a near two-week low of 72.91 against the US dollar on Monday amid a strengthening greenback and steady capital outflows.

Rupee slumps 26 paise to 72.91 vs USD, ends near 2-week low

Higher US Treasury yields, which rose above the 3 per cent mark, boosted the appeal for the dollar.

01 Oct 2018 7:31 PM

The US dollar inched down against the rupee at 72.59/60 per dollar and the pound sterling also finished lower at Rs 95.27/29 per pound at the close of the Interbank Foreign Exchange (forex) market here Thursday.

US dollar inches down against rupee

The pound sterling also finished lower at Rs 95.27 per pound.

27 Sep 2018 7:07 PM

The rupee fell sharply by 29 paise to 72.49 against the dollar on Monday as the greenback strengthened overseas. (Photo: AP)

Rupee drops 29 paise to 72.49 against US dollar

Losses in domestic equities in volatile early trade also put pressure on the rupee.

24 Sep 2018 10:55 AM

The five-pronged strategy announced by the government to increase capital inflow into the country is unlikely to reverse the rupee depreciation, Moody's Investors Service said on Monday. (Photo: DC)

Govt steps to boost capital inflow unlikely to reverse Rupee slide: Moody's

The government also announced its intention to curb imports and reiterated its commitment to this year's fiscal deficit target.

24 Sep 2018 10:29 AM

The government will "very soon" implement the second set of measures including curb on imports of non-essential items to shore up rupee to 68-70 level against the US dollar, Economic Affairs Secretary Subhash Chandra Garg said, terming the about 12 per cent slide in the currency as a temporary phenomenon.

Curb on imports to bring rupee to 68-70 level: DEA Secretary

The government had earlier this month announced easing of overseas borrowing norms for manufacturing companies.

23 Sep 2018 5:35 PM

A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts say. Rupee is hovering near 73 against the US dollar since the past one week.

Weaker rupee, regulations make realty attractive for NRIs

The drop in rupee can be seen as an investment opportunity for individual buyers as well as institutional investors.

23 Sep 2018 12:21 PM

RBI unlikely to hike repo rate in October despite weak Rupee: study

Weakness in the rupee does not offer a sufficient alibi for a rate hike.

21 Sep 2018 5:30 PM

The rupee on Friday surged by another 34 paise to close at a one-week high of 71.84 against the US dollar on positive macro data and hopes of policy intervention by the government to defend the volatile currency.

Rupee on recovery path, gains 34 paise to end at 1 week high against dollar

Extending gains for a second session, the domestic unit hit a session high of 71.53 in early trade.

14 Sep 2018 7:51 PM

Forex reserves plunge below USD 400 billion mark

The country's forex reserves declined by USD 819.5 million to USD 399.282 billion for the week to September 7.

14 Sep 2018 7:42 PM

PHDCCI president-designate Rajeev Talwar on Thursday expressed hope the rupee will stablise with pick up in the economic growth though the depreciating currency is "music to exporters" at present. (Photo: DC)

Falling Rupee 'music to exporters': PHDCCI president-elect Rajeev Talwar

Talwar, who is the CEO of realty major DLF, would be assuming the post of president of industry body PHDCCI next month.

13 Sep 2018 7:46 PM

US dollar ends sharply lower at 72.19 against Rupee

The US dollar ended sharply lower against the rupee at 72.18/19 per dollar.

12 Sep 2018 7:28 PM

The government and the RBI will do everything to ensure that the rupee does not depreciate to "unreasonable levels", the Finance Ministry said Wednesday as the currency slid to a lifetime low of 72.91 to the dollar. (Photo: AP)

'Govt, RBI to do everything to check rupee slide to unreasonable levels'

The rupee collapsed to a lifetime low of 72.91 against the dollar.

12 Sep 2018 4:13 PM

According to it, the actions of emerging market central banks have largely been counter cyclical with the notable exceptions of Argentina and Turkey. (Photo: PTI)

Market dip wipes out Rs 4Lakh crores in 2 days

On Tuesday, the selling was broad based as 1,872 stocks traded on the BSE closed in the red as compared to 845 stocks that advanced.

12 Sep 2018 12:57 AM

Petrol and diesel prices hit fresh highs on Tuesday as rupee plunged to an all-time low, making imports costlier.

Petrol, diesel prices hit fresh highs as rupee plunges to life-time low

A 14 paisa per litre hike in petrol and diesel prices each took the rates to an all-time high.

11 Sep 2018 5:49 PM

Continuing its slide, the rupee on Tuesday hit yet another record low of 72.73 against the US dollar, falling 28 paise in late afternoon trade on strengthening American currency as crude oil prices went past the USD 78 a barrel mark. (Photo: AP)

Rupee hits fresh low of 72.73, drops 28 paise against US dollar

The rupee opened on a positive note by inching 20 paise higher at 72.25 against the US dollar.

11 Sep 2018 3:47 PM

Rupee ends day at 72.45 per US dollar

According to him, it has been a major paradox in India since 2014 till 2018.

11 Sep 2018 12:06 AM

In the past week, in all likelihood, the central banks of India and Indonesia pumped in billions of dollars to support their respective currencies with the Indian Rupee touching record lows against the US dollar and the Rupiah reaching its lowest level since the Asian financial crisis of 1998. (Photo: AFP)

Indonesia's Rupiah woes: How will India be affected

Lately, there has been a lot of concern with regards to the growing economic problems in emerging markets.

10 Sep 2018 1:18 PM

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Sanjeev Ahluwalia