Rupee
- India
Rupee faces risk from rising oil prices
Mumbai: With rising crude oil prices in the international market pushing up the demand for dollars, the Indian rupee has slumped to a record low of 83.2675 vis-à-vis the U.S. dollar. Going…
- World
Rupee rises 27 paise to close at 82.72 against US dollar on forex inflows
New Delhi: The rupee strengthened for the second consecutive session and appreciated by 27 paise, registering the highest single-day gain in nearly two months, to close at 82.72 against the US dollar…
- Business
Rupee at 10-month low adds to selling pressure in stock market
New Delhi: Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost of Rs 10,000 crore in August…
- Business
Rupee falls 4 paise against US dollar
Mumbai: The rupee depreciated by 4 paise to close at 81.94 against the US dollar on Monday amid strong American currency against major rivals overseas and a weak trend in domestic equities.…
- Pakistan
Pakistan unlikely to devalue rupee as pressure has eased
Islamabad: Amid negotiations with the International Monetary Fund (IMF) to restart a $6.7 billion bailout programme, Fitch Ratings said that it is unlikely that Pakistan will devalue its currency again as pressure…
- India
Rupee falls 15 paise to close at 82.33 against US dollar
Mumbai: The rupee fell 15 paise to close at 82.33 (provisional) against the US currency on Monday, weighed down by the strength of the American currency in the overseas market. At the…
- India
Forex reserves drops to USD 561 billion
Mumbai: India’s foreign exchange reserves dropped USD 325 million to USD 560.942 billion as of February 24, according to the Reserve Bank of India’s latest data. In the previous reporting week, the…
- Stock Market
Rupee gains 12 paise against US dollar on rally in equities
New Delhi: The rupee appreciated 12 paise to close at 82.08 against the US currency on Friday, supported by a rebound in domestic equities and easing crude oil prices. However, corporate dollar…
- Pakistan
Pakistani rupee plunges to historic low
Karachi: The Pakistani rupee resumed its downwards slide on Thursday after two modest sessions as the “optimism surrounding the government and IMF talks scaled back”, local media reported. The Pakistani rupee depreciated…
- Pakistan
Pakistan’s fate at stake as rupee plunges: Report
Islamabad: Pakistani’s economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated, marking the worst economic crisis since the nation formed,…
- Pakistan
Pakistan rupee reaches all-time low after devaluation
Karachi: Following the rupee’s devaluation in the open and interbank markets, the benchmark index of the Pakistan Stock Exchange (PSX) rallied and gained by more than 1,000 points, as per media reports.…
- India
Govt, RBI in discussion with South Asian countries for cross-border rupee trade: Das
New Delhi: RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central…
- Business
Rupee falls 20 paise to close at 82.85 against US dollar
Mumbai: The rupee declined 20 paise to close at 82.85 (provisional) against the US dollar on Tuesday, pressured by month-end dollar demand from importers and foreign capital outflows. At the interbank foreign exchange…
- Business
Finance Minister crosses swords with Telangana Congress MP over rupee fall
New Delhi: A bitter war of words ensued between Finance Minister Nirmala Sitharaman and Congress member A Revanth Reddy in the Lok Sabha on Monday over rupee depreciation and the overall state…
- Pakistan
Pakistan in financial emergency
Islamabad: The consistent depreciation of the Pakistani rupee is deepening the economic crisis in the country, said the Pakistan Business Forum (PBF). In a statement, PBF CEO Ahmad Jawad said: “Pakistan’s economy…
