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Currency exchange value
Rupee’s record lows mask currency’s trade-weighted overvaluation
RBI’s intervention in the foreign exchange market has helped limit rupee overvaluation, said Gaura Sen Gupta, chief economist at IDFC FIRST Bank. 'The extent of rupee overvaluation on REER metric has moderated in August,' he added.
22 August 2024, 10:34 IST
Rupee’s record lows mask currency’s trade-weighted overvaluation
22 August 2024, 10:34 IST
Japan's yen falls to lowest since 1990
The dollar extended gains after stronger-than-expected March retail sales data.
15 April 2024, 13:42 IST
Japan's yen falls to lowest since 1990
15 April 2024, 13:42 IST
Explained | What is pushing the Nigerian naira to record lows?
The central bank has a backlog of accumulated forex demand on the official market, which effectively forces individuals and businesses to head to the black market if they need dollars.
30 January 2024, 17:21 IST
Explained | What is pushing the Nigerian naira to record lows?
30 January 2024, 17:21 IST
Rupee falls 15 paise to close at 82.73 against USD
In the previous session on Friday, the rupee settled at 82.58 against the dollar
13 February 2023, 12:00 IST
Rupee falls 15 paise to close at 82.73 against USD
13 February 2023, 12:00 IST
Rupee gains 34 paise to close at 81.86 against USD
The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.12 per cent to 101.63
03 February 2023, 11:47 IST
Rupee gains 34 paise to close at 81.86 against USD
03 February 2023, 11:47 IST
Rupee gains 10p to close at 82.28 against US dollar
Forex traders said muted domestic equities and foreign fund outflows weighed on investor sentiments and restricted the gains
09 December 2022, 11:22 IST
Rupee gains 10p to close at 82.28 against US dollar
09 December 2022, 11:22 IST
Rupee down 15 paise to close at 75.95 against US dollar
Persistent foreign capital outflows and subdued domestic equity markets also affected market sentiment, forex dealers said
03 March 2022, 12:55 IST
Rupee down 15 paise to close at 75.95 against US dollar
03 March 2022, 12:55 IST
Rupee plummets 102 paise to 75.63 against US dollar
24 February 2022, 12:58 IST
Rupee plummets 102 paise to 75.63 against US dollar
24 February 2022, 12:58 IST
Rupee slips 5 paise to close at 74.79 against US dollar
The local unit finally ended the day at 74.79, down 5 paise from the previous close of 74.74
09 February 2022, 11:54 IST
Rupee slips 5 paise to close at 74.79 against US dollar
09 February 2022, 11:54 IST
Rupee rises 5 paise to close at 75.04 against US dollar
The rebound in the rupee was restricted amid weakness in domestic equities, analysts said
28 January 2022, 12:17 IST
Rupee rises 5 paise to close at 75.04 against US dollar
28 January 2022, 12:17 IST
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