rupee
Business Finance

RBI Plans Polymer Rupee Notes Pilot

By BPN News Desk
The Reserve Bank of India is set to revive plans for polymer rupee notes as currency demand rises, with a pilot project expected to test plastic banknotes for public circulation. RBI Polymer Rupee Notes Plan The RBI is considering polymer-based banknotes because they are expected to last longer than paper notes and reduce replacement costs […]
rupee
Economy National

Rupee Slips To 95.43 Against Dollar

By BPN News Desk
The Indian rupee weakened in early trade on Tuesday as fading hopes of a Middle East peace deal, rising crude oil prices and stronger dollar demand weighed on the currency. The rupee slipped 17 paise to 95.43 against the U.S. dollar after closing at 95.26 in the previous session. Rupee Falls As Dollar Demand Rises […]
rupee
Economy National

RBI Says Rupee May Be Undervalued Now

By BPN News Desk
Reserve Bank of India Governor Sanjay Malhotra has said the rupee is not overvalued and may now be undervalued after its recent fall against the U.S. dollar. His remarks come as the currency faces pressure from the West Asia crisis, higher crude prices and concerns over India’s external balance. Rupee Depreciation Brings Valuation Debate Malhotra […]
RBI
Business Finance

RBI Steps In As Rupee Weakens

By BPN News Desk
The Indian rupee came under sharp pressure on Monday as rising crude oil prices, the US-Iran deadlock and Prime Minister Narendra Modi’s fuel conservation appeal triggered fresh concerns among traders about India’s external finances. Rupee Weakens Against US Dollar The rupee weakened sharply against the US dollar, crossing the 95 mark in early trade before […]
sensex market
Business Markets

Sensex Crashes Over 1,000 Points

By BPN News Desk
Indian stock markets witnessed a sharp sell-off on Monday, with the Sensex falling over 1,000 points and the Nifty slipping below 23,900 as rising crude oil prices, weak global cues and pressure on the rupee triggered broad-based selling. Sensex And Nifty Fall Sharply The BSE Sensex dropped more than 1,000 points in intraday trade, while […]
rupee
Business Finance

Rupee Falls 28 Paise Against US Dollar

By BPN News Desk
The rupee weakened by 28 paise to 94.77 against the US dollar in early trade on Thursday, reversing part of its previous session gains as uncertainty over a possible US-Iran agreement weighed on currency market sentiment. Rupee Falls Against US Dollar At the interbank foreign exchange market, the rupee opened at 94.77 against the dollar, […]
rupee
Business Finance

Rupee Falls To Record Low Of 95.40

By BPN News Desk
The Indian rupee fell to a fresh record low of 95.40 against the US dollar in early trade on Tuesday, extending its decline as rising crude oil prices and global uncertainty kept pressure on the currency. Indian Rupee Hits Record Low The rupee weakened by 17 paise from its previous close and touched 95.40 against […]
rupee
Business Finance

Rupee Weakens To 94.29 Against US Dollar

By BPN News Desk
Rupee Weakens To 94.29 Against US Dollar The Indian rupee weakened for the fifth straight session on Friday, slipping to 94.29 against the U.S. dollar in afternoon trade. The fall came as higher crude oil prices, safe-haven dollar demand and uncertain U.S.-Iran peace talks weighed on emerging market currencies. Indian Rupee Falls For Fifth Session […]