The rupee gained 17 paise against the US dollar on Tuesday and ended the day at ₹89.88. The currency moved up from its previous close as the dollar weakened in global markets. Dealers said better liquidity and active dollar selling by some foreign banks supported the rise. Global cues and oil
Analysts expect little relief for the Indian rupee even if the US Federal Reserve announces a 25 basis-point rate cut this week. The currency has been under pressure in recent months due to weak foreign inflows, a wide trade deficit and concerns over global demand. Fed Move May Have Limited Impact Normally, a rate cut […]
The Indian rupee weakened sharply on December 3, 2025, sliding past the ₹90 mark against the US dollar — a new lifetime low — amid heavy foreign capital outflows and stalled trade talks between India and the United States. What Happened The rupee opened the day at approximately ₹89.96 per dollar and soon dropped to […]
The Indian rupee weakened sharply today, hitting a provisional all-time low of ₹89.79 against the US dollar in intraday trade. The currency opened at ₹89.45, then slid by 34 paise over the previous session’s close amid a drop in domestic equities and heavy dollar demand from importers. Key Factors Behind the Decline Traders attributed the […]
The Indian rupee appreciated by 49 paise to reach ₹89.17 against the US dollar in early Monday trade. The currency recovered after touching a record low of ₹89.66 in the previous session. The revival was supported by dollar selling by banks and improved sentiment in domestic equities. Factors Supporting The Recovery Traders said a dip […]
The Indian rupee closed at ₹89.49 against the US dollar on Friday, marking its lowest level ever and slipping past the critical ₹89 per dollar barrier. The currency fell by 78 paise from its previous close of ₹88.71, making this its steepest one-day decline since early May this year. Triggering Factors And Market Response Traders […]
On the evening of November 8, 2016, India came to a standstill. Millions lined up outside banks, clutching stacks of suddenly worthless notes. The government’s announcement to invalidate ₹500 and ₹1,000 notes overnight was met with confusion, panic, and fierce debate. Economists called it reckless. Politicians called it a stunt. But few understood that demonetization […]
The Indian rupee rose by 26 paise to settle at ₹87.82 per U.S. dollar on Thursday, marking its strongest level in nearly a month. The rebound came after a period of weakness that saw the currency slip past the ₹88 mark earlier this month. Intraday trend The rupee opened at ₹87.90 and traded between a […]
On Monday, the Indian rupee gained 6 paise to close at ₹88.20 per US dollar in interbank trading. This was a marginal improvement driven by range-bound trading and a slightly weaker US dollar. Market Dynamics Traders noted controlled volatility in the forex market. Some attributed the rupee’s mild strengthening to possible intervention by the Reserve […]
The Indian rupee dropped to a record low of around ₹88.44 per U.S. dollar on September 11, 2025, extending losses under pressure from U.S. tariffs on Indian goods. Tariff Concerns Fueling The Drop Investors are uneasy over Washington’s newly imposed tariffs, which have raised concerns about India’s export competitiveness and trade balance. These tariff actions […]















