Today Rupee News | Latest Rupee News | Breaking Rupee News in English

RBI’s Reserves Enhance Confidence Amid US Political Instability

04 Nov 2024

The Indian rupee is positioned as a strong contender among emerging markets, poised to weather the volatility stemming from the closely contested US presidential election. This stability is bolstered by a robust central bank ready to support the currency with its substantial foreign exchange reserves. As traders closely monitor the...

Rupee Slips To Record Closing Low On Outflows

21 Oct 2024

On Monday, the Indian rupee hit its lowest closing level on record but managed to avoid steeper losses, thanks to what appears to be intervention by the Reserve Bank of India (RBI). The currency closed at 84.0725 against the U.S. dollar, slightly down from the previous day's close of 84.0650....

Rupee Is Stable With Positive Momentum Supported By FPI Inflows

26 Sep 2024

As the fed rate cuts have increased the liquidity in the Indian markets, the Indian rupee will get support against the dollar and will trade around Rs 83.57, highlighted a research report by the Union Bank of India. The report highlighted that the rupee is expected to trade in the...

Ola CEO Calls For Rupee To Replace Dollar Sign On Keyboards, Sparks Heated Debate

25 Aug 2024

Known for his frank & outspoken opinions, CEO of cab-riding giant Ola Bhavesh Aggarwal with his comments has sparked a debate in social media over the usage of dollar sign in our computers & keyboards. Taking to X, Aggarwal said “Why do people, especially in the financial world, still use...

Rupee Up By 2 Paise to 83.85 Against US Dollar In Early Trade

20 Aug 2024

In an early trade, the rupee increased by 2 Paise to 83.85 Against US Dollar on Tuesday. Earlier on Monday, the Indian rupee strengthened by 8 paise to end the day at 83.87 (provisional) against the US dollar. This gain was aided by a weaker US dollar and a drop...

India’s Forex Reserves Hit a New Peak Of USD 675 Billion, Up Over USD 50 billion In 2024

09 Aug 2024

India's foreign exchange reserves have once again reached an all-time high. For the week ending August 2, the reserves increased by USD 7.533 billion to USD 674.919 billion, setting a new record, according to RBI data released on Friday. The previous record was USD 670.857 billion. The reserves have been...

Rupee’s Downward Trend Likely to Continue; RBI Expected to Intervene

25 Jul 2024

The Indian rupee is anticipated to face further depreciation on Wednesday due to a rise in the dollar index and a potential slowdown in equity inflows. Non-deliverable forwards suggest the rupee will open at 83.70-83.71 against the U.S. dollar, slightly weaker than the previous session’s close of 83.6875. On Tuesday,...

A step closer to internationalization of the rupee

16 Mar 2023

The Reserve Bank of India has approved the opening of 60 special rupee Vostro accounts in 18 countries The Indian rupee is now edging closer to becoming an international currency with more and more countries working to de-dollars global trade. Several nations have now expressed interest in facilitating international trade...

Adjust Font Size

Settings

Reading Mode

Font Size

Language

Rupee

RBI’s Reserves Enhance Confidence Amid US Political Instability

Rupee Slips To Record Closing Low On Outflows

Rupee Is Stable With Positive Momentum Supported By FPI Inflows

Ola CEO Calls For Rupee To Replace Dollar Sign On Keyboards, Sparks Heated Debate

Rupee Up By 2 Paise to 83.85 Against US Dollar In Early Trade

India’s Forex Reserves Hit a New Peak Of USD 675 Billion, Up Over USD 50 billion In 2024

Rupee’s Downward Trend Likely to Continue; RBI Expected to Intervene

A step closer to internationalization of the rupee

Also Read

Jobs Tough To Come By, Indian Students In US Turn Babysitters

North Korea’s Kim Accuses US Of Escalating Tensions, Warns Of Nuclear War

Prasar Bharati’s OTT Platform WAVES To Provide ‘Clean Family Entertainment’

Crude Oil Climbs On Supply Jitters As Russia-Ukraine War Escalates

What Does The Adani Case Mean For Trump-Modi Ties?