Indian Rupee (INR): News
FPIs pull over $1B from Indian debt securities in June
Foreign portfolio investors (FPIs) withdrew over $1.06 billion from Indian debt securities in June, following a massive outflow of $3.03 billion in April.
INR hits 3-month low amid rising oil prices, geopolitical tensions
The Indian rupee (INR) has hit a three-month low against the US dollar, hitting 86.89 intra-day today.
INR is Asia's worst performer amid RBI's $84B repayments
The Indian rupee (INR) is the worst-performing currency in emerging Asia this quarter.
Indian banks could soon offer loans to neighboring countries
The Reserve Bank of India (RBI) is seeking government nod to permit domestic banks to lend Indian rupee (INR) to overseas borrowers.
Gold prices surge as geopolitical tensions rise: Buy or wait?
Gold prices have witnessed a sharp rise lately, mainly due to the prevailing economic uncertainty and geopolitical tensions.
Rupee achieves best weekly performance in over 2 years
The Indian rupee (INR) settled at 86 against the US dollar today, recording a notable weekly gain of 36p. This is the rupee's biggest weekly gain since January 2023.
Electric vehicles are all set to become costlier in India
The recent sharp depreciation of the Indian Rupee against the US Dollar is putting financial pressure on India's electric vehicle (EV) manufacturers.
When will Indian rupee stabilize? Chief Economic Advisor weighs in
India's Chief Economic Advisor (CEA), Dr. V Anantha Nageswaran, has predicted that the depreciation of the Indian rupee could slow down if inflation is tamed.
INR surges 1%, marking biggest rally in over 2 years
The Indian rupee witnessed its biggest rally in over two years, recovering the 87 mark against the US dollar on February 11.
Indian rupee hits historic low, nears 88-per-dollar amid tariff concerns
The Indian rupee hit a historic low against the US dollar, opening at 87.92 today.
Indian Rupee touches record low of 87.57 against US Dollar
The Indian Rupee has plunged 14p to a record low of 87.57 against the US Dollar today.
Indian Rupee hits new low of 87.50 against US Dollar
The Indian Rupee has touched a new low, trading at 87.50 against the US Dollar today.
Indian rupee hits lifetime low, crosses 87-per-dollar for first time
The Indian rupee breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on January 31.
INR not falling against any currency barring USD: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has rejected fears over the depreciation of the Indian Rupee.
Indian rupee hits all-time low against USD ahead of Budget
The Indian rupee has hit an all-time low, trading at 86.65 per dollar today. The fall exceeds its previous lowest value of 86.6475, recorded earlier this month.
RBI spends $77B to stabilize Indian rupee
The Reserve Bank of India (RBI) has spent $77 billion from its forex reserves to stabilize the Indian rupee.
FPIs withdraw almost ₹44,400cr from Indian equities in January
Foreign portfolio investors (FPIs) have pulled out a staggering ₹44,396 crore from Indian equities this month till January 17.
Indian Rupee rallies, records best single-day gain in 7 months
The Indian Rupee staged a remarkable recovery today, bouncing back from an all-time low to post its best single-day gain in more than seven months.
Rupee on autopilot? RBI considers hands-off approach to manage currency
The Reserve Bank of India (RBI) is mulling a change in its currency intervention strategy, The Economic Times reported citing market insiders.
Sensex nosedives 800 points: What's behind today's stock market crash
The Indian stock market fell sharply for the fourth consecutive day today, with the BSE Sensex crashing by over 800 points. The fall comes mainly due to rising crude oil prices and a depreciating rupee.
Indian rupee weakens to lifetime low of 86.2 per USD
The Indian rupee opened at a record low of 86.20 against the US dollar, depreciating five paise from its previous close.
Indian rupee hits all-time low of ₹86 against US dollar
The Indian rupee (INR) has witnessed a sharp fall, hitting an all-time low of ₹86 against the US dollar today.
Indian Rupee hits new record low, nears 86/Dollar
The Indian Rupee has witnessed a sharp fall for the second consecutive day, touching an all-time low of 85.87 against the US Dollar today.
India's forex reserves decline to 7-month low of $644B
India's foreign exchange (forex) reserves have witnessed a steep fall, hitting a low not seen in over seven months.
9th consecutive decline! Indian rupee hits record low of ₹85.73/dollar
The Indian rupee has witnessed a sharp fall against the US dollar, hitting a fresh low of ₹85.73 on Friday.
Indian rupee in freefall? Why it keeps hitting record lows
The Indian rupee has witnessed a record fall against the US dollar, hitting an all-time low of 85.21 on Tuesday. This is the six straight session of decline for the currency.
Indian rupee hits record low of 85.12 against US dollar
The Indian Rupee has hit a record low, plummeting to 85.12 against the US dollar.
Indian rupee breaches 85 to hit lifetime low against USD
The Indian rupee has seen a sharp depreciation, hitting an all-time low of 85 against the US dollar today.
Indian rupee plunges to lifetime low of 84.80 against USD
The Indian rupee plunged sharply on December 10, hitting an all-time low of 84.80 against the US dollar. This beats the previous record low of 84.7575 set only last week.
Indian Rupee hits all-time low against US Dollar
The Indian Rupee (INR) has hit a record low against the US Dollar, sliding 13p to reach 84.73 today.
Indian Rupee hits record low over Dollar rally, equity outflows
The Indian Rupee hit a historic low today, largely owing to the US Dollar's rally and expected outflows from domestic equities.
Why Indian Rupee has slipped to all-time low against Dollar
The Indian Rupee hit a historic low today, closing at 84.3925 against the US Dollar, breaching its previous record of 84.3875 last week.
Indian rupee hits lifetime low as Trump's win boosts USD
Despite intervention from the Reserve Bank of India (RBI), the Indian rupee (INR) has hit a historic low against the US dollar (USD).
RBI Governor says India's digital currency still in 'experimental stage'
Reserve Bank of India (RBI) Governor Shaktikanta Das has reiterated that the Central Bank Digital Currency (CBDC) remains experimental.
Indian rupee hits lifetime low of 84.10 against US dollar
The Indian rupee has witnessed a sharp fall, hitting an all-time low of 84.1050 against the US dollar today.
Indian Rupee hits record low against Dollar: What's fueling downturn?
The Indian Rupee (INR) hit a historic low in its closing value today, ending at 84.0725 against the US Dollar (USD).
Indian rupee drops to lifetime low against US dollar
The Indian rupee (INR) has witnessed a sharp fall, breaching the 84 mark against the US dollar for the first time ever today.
Why is Indian rupee not strengthening despite weakening US Dollar?
The Indian rupee (INR) has remained stable, despite a weakening US Dollar and favorable global factors such as declining crude oil prices, and strong foreign institutional inflows (FII) into India's stock market.
INR depreciates 0.60% in current FY, lags behind Asian peers
The Indian Rupee (INR) has experienced a significant depreciation compared to other Asian currencies in the current fiscal year (FY).
Indian rupee closes at record low of 83.97 against USD
The Indian Rupee experienced a significant drop on Monday, closing at its lowest level ever.
Indian rupee plunges to all-time low against US dollar
The Indian rupee experienced another drop on Friday, hitting an all-time low of 83.7250 against the US dollar.
Sensex gains 145 points, Nifty settles below 24,600 mark
On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
Sensex climbs 570 points, Nifty settles above 24,000 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a surge.
Rupee to gain momentum as India joins bond index: Citi
Citigroup Inc. has projected a strong performance for the Indian rupee in the Asian region this year.
India's forex reserves surge $6.55B to over $625B
India's forex reserves have experienced a significant boost, with an increase of $6.55 billion, reaching a total of $625.63 billion as of March 1, according to the latest data from the Reserve Bank of India (RBI).
Sensex regains 71,550 mark, Nifty settles near 21,750
The stock market had a bearish opening on Tuesday, but the benchmark indices witnessed a surge.
Sensex tanks over 500 points, Nifty barely holds 21,600 mark
On Monday, the benchmark Sensex and Nifty indices witnessed a fall.
Sensex crosses 72,000 levels, Nifty breaches 21,650 mark
On Wednesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.97% to 72,038.43 points, the Nifty jumped 0.99% to 21,654.75 points.
INR closes at all-time low of 83.41 against US dollar
The Indian rupee (INR) saw a slight dip of four paise, reaching an all-time closing low of 83.41 (provisional) against the US dollar on Wednesday.
India's forex reserves climb to a four-month high of $604bn
India's forex reserves have hit a whopping $604 billion (nearly Rs. 50.37 lakh crore) as of December 1.
Indian rupee touches record low of 83.40 against US dollar
On November 30, the Indian rupee hit a record low, closing at 83.3950 against the US dollar.
India's forex reserves rise by $5 billion to $595 billion
During the week ending November 17, India's foreign exchange reserves surged by $5.077 billion, reaching a total of $595.397 billion, as per the Reserve Bank of India (RBI).
Indian rupee hits record low at 83.37 against US dollar
The Indian rupee experienced a slight dip on Friday, closing at a record low of 83.37 against the US dollar, a 3 paise decrease from its previous close of 83.34.
Lexus considers a price hike amid depreciating Indian Rupee
Luxury carmaker Lexus is considering a price hike starting next month to offset the impact of the weakening Indian Rupee and rising input costs.
Indian Rupee plunges to one-year low amid oil price concerns
The Indian Rupee has hit a one-year low, dropping to 83.28 against the US Dollar on Monday.
Indian Rupee hits all-time low of 83.14 against US Dollar
The Indian Rupee (INR) reached a record low of Rs. 83.14 against the US Dollar (USD) today.
RBI pushes for local currency in India-UAE trade
The Reserve Bank of India is encouraging local banks to settle trade transactions between the UAE and India using the Dirham (AED) or Indian Rupee (INR).
Indian Rupee plummets to 10-month low against the US dollar
The Indian Rupee experienced a 10-month low against the US dollar in early trade on Monday. It fell by 16 paise to Rs. 83.01.
Sensex falls over 300 points, Nifty settles below 19,550 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.47% to 65,688.18 points, while the Nifty fell 0.46% to 19,543.1 points.
India is already using INR in trade with neighboring countries
The Indian government has initiated trade in Indian Rupee (INR) with neighboring countries, including Sri Lanka, Nepal, Bangladesh, Bhutan, Iran, and Russia.
Sensex climbs to 65,995 points, Nifty settles above 19,630 mark
On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.23% to 65,995.81 points while the Nifty gained 0.31% to end at 19,632.55 points.
Sensex drops over 540 points, Nifty closes below 19,400 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 542.1 points, or 0.83%, to 65,240.68 points, the Nifty shed 144.9 points, or 0.75%, to 19,381.65 points.
Sensex climbs to 65,785 points, Nifty settles just below 19,500
On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.52% to 65,785.64 points while the Nifty climbed 0.51% to 19,497.3 points.
Sensex slips 310 points, Nifty settles below 18,700 points
On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.49% to 62,917.63 points, while the Nifty fell 0.36% to 18,688.1 points.
Sensex slips nearly 130 points, Nifty settles below 18,150 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.21% to 61,431.74 points, while the Nifty fell 0.29% to 18,129.95 points.