US Dollar | The Asian Age

Friday, May 17, 2024 | Last Update : 01:42 PM IST

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Indian travellers are very calculative and factor in currency fluctuations and keep a significant buffer while budgeting their travel.

Indian travellers unfazed by Rupee fall

The weakness in the rupee against the dollar has not had any impact on the travel plans of Indians.

16 Aug 2018 6:12 PM

Niti Aayog vice chairman Rajiv Kumar on Thursday said the falling rupee is not a cause of worry as it is getting back to its natural value. (Photo: AP)

Falling rupee not a cause of worry, says Niti Aayog VC

Rupee should be realistically valued and should not be overvalued, he said.

16 Aug 2018 3:10 PM

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Rupee breaches 70-mark against dollar, recovers

‘Fall expected to boost exports’

15 Aug 2018 2:11 AM

The rupee erased early gains to hit an all-time low of 70.1 per dollar on Tuesday, as concerns about Turkey’s economic woes persisted. (Photo: PTI)

Rupee crashes to all-time low of 70.09 against US dollar

The rupee was last at 69.99 to the dollar, compared with its previous close of 69.95 per dollar.

14 Aug 2018 11:04 AM

The rupee recovered from all-time low of 69.91 and strengthened by 23 paise to 69.68 against the US dollar in opening trade at the interbank foreign exchange market on Tuesday on some macroeconomic boost.

Rupee recovers from life-time low, up 23 paise against US dollar

Yesterday, the rupee had plunged by Rs 1.08, or 1.57 per cent, to a record low of 69.91 against the US currency.

14 Aug 2018 9:57 AM

RBI net sells USD 6.184 billion of US currency in June

Reserve Bank continued to remain net seller of the US currency for the third consecutive month in June.

12 Aug 2018 5:18 PM

The rupee hit a fresh two-week low of 68.93 against the US dollar in early session on Tuesday.

Rupee may dip to 70 per US dollar

Credit Suisse says oil price remains key factor; RBI may hike rates.

08 Aug 2018 12:27 AM

The weakness in rupee is expected to continue further and the domestic currency could touch 70 per US dollar if crude oil prices continue moving upward, says a Credit Suisse report.

Weakness in rupee to continue further, may fall to Rs 70 per dollar

The rupee hit a fresh two-week low of 68.93 against the USD in early session.

07 Aug 2018 11:53 AM

The RBI needs to pick one battle at the expense of the other, while also acknowledging that either choice leaves apart of economy vulnerable.

Analysis: RBI chooses between falling rupee and banking cash crunch

Economists suspect it may choose currency stability, regardless of how tight funding conditions get.

03 Aug 2018 2:10 PM

The government attempted to fix the rate at 42,000 in April and threatened to crackdown on black market traders. (Representational Image)

Iran's rial hits record-low of 100,000 to dollar amid imminent US sanctions

The rial has lost half its value against dollar in just four months, having broken through 50,000-mark for first time in March.

29 Jul 2018 8:00 PM

The rupee recovered from its all-time low, rising 9 paise to 68.96 against the American currency in late morning deals.

Rupee recovers from record lows, up 9 paise against US dollar

The rupee is under pressure amid rising crude oil and higher inflation.

20 Jul 2018 12:16 PM

The rupee strengthened 21 paise to trade at 68.36 against the US dollar in morning session at the interbank forex market on Tuesday.

Rupee rises 21 paise to 68.36 against US dollar

Fresh selling of the American unit by exporters and banks and fall in global crude oil prices boosted the domestic currency.

17 Jul 2018 10:32 AM

The Indian rupee is expected to remain in the 68-72 range against the US dollar in the short term on rising external risks but the Reserve Bank may intervene to control the volatility, says an UBS report.

Rupee to remain in 68-72 range against USD in short term, says UBS

The rupee had breached the lifetime low and crossed the Rs 69 to a dollar level last week.

03 Jul 2018 4:00 PM

Finance Minister Piyush Goyal on Friday said there is no need for "knee jerk reactions" on the rupee front, amid the currency touching lifetime lows.

Rupee fall: No need for 'knee-jerk' reactions, says Piyush Goyal

The rupee had yesterday breached the 69-mark against the US dollar for the first time.

29 Jun 2018 1:39 PM

The BSE Sensex slumped over 179 points to end at 35,037.64 on Thursday after the rupee collapsed to a lifetime low against the US dollar amid firming crude oil prices.

Sensex sheds 179 points on weak rupee, Nifty ends at 10,589.10

The gauge had lost 272.93 points in the previous session.

28 Jun 2018 4:17 PM

The rupee collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade on Thursday as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.

Rupee sinks to record low against US dollar, breaches 69-mark

Global oil prices have climbed after the US asked its allies to end all imports of Iranian oil by November.

28 Jun 2018 11:08 AM

The rupee had touched its previous record low of 68.8650 per dollar on November 24, 2016. (Photo: File)

Rupee collapses to lifetime low of 69 against US dollar

Indian rupee collapsed to a lifetime low of 69.10 against US dollar by plunging 49 paise in early trade on Thursday.

28 Jun 2018 10:24 AM

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 67.4571 against the US dollar and 79.3498 for the euro.

RBI sets rupee reference rate at 67.4571 against dollar

The exchange rates for the pound and the yen against the rupee were 90.0620 and 61.10 per 100 yens, respectively.

12 Jun 2018 3:44 PM

After remaining net buyer of the US dollars for past many months, the Reserve Bank of India (RBI) became net seller in April, after it sold USD 2.483 billion of the US currency in the spot market, according to its data.

Reserve Bank of India turns net seller of US dollar in April

In FY18, the apex had net purchased USD 33.689 billion from the spot market.

11 Jun 2018 7:40 PM

The Reserve Bank of India on Wednesday fixed the reference rate of the rupee at 67.0397 against the US dollar and 78.6778 for the euro.

RBI sets rupee reference rate at 67.0397 against dollar

The exchange rates for the pound and the yen against the rupee were 89.9472 and 61.02 per 100 yens, respectively.

06 Jun 2018 3:42 PM

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K.C. Singh