At the interbank foreign exchange market, the rupee opened at 90.35 and touched an early high of 90.26 and a low of 90.54 against the dollar. | Photo credit: FRANCIS MASCARENHAS The rupee fell 11 paise to 90.43 (provisional) against the US dollar on Wednesday after a sharp rally in the previous trading session following […]
The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
Hello, you are listening to ET Markets Radio. I am your host, Neha Vashishth. Welcome to another episode of ET Market Watch, where we bring you the latest news from the world of stock markets every day. Let’s dive in:Indian stocks have started 2026 strongly, posting gains for the second straight session. The Nifty 50 […]
The rupee fell by 10 paise to close at 89.98 against the US dollar on Thursday. This marked a weak start to the first trading session of 2026 as continued foreign fund outflows and subdued domestic stock market weighed on investor sentiment, PTI reported.Forex traders said the USD/INR pair moved within a narrow range during […]
The Indian rupee, which had fallen dangerously close to $91.1 after five consecutive sessions of losses, made a sharp turnaround on Wednesday after decisive intervention by the Reserve Bank of India. This halted a one-way decline and gave the currency its strongest daily gain in two months.The rupee closed at 90.38 per US dollar, up […]
The rupee closed at a new low of 90.73 against the dollar on Monday as foreign institutional investors continued to reduce their exposure to Indian equities.The currency devalued 32 paise from Friday’s closing level of 90.41 after hitting an intraday low of 90.80, which is its all-time low. The impasse over the India-US trade deal, […]
Indian currency again falls past the 90 mark against the dollar | Photo credit: ALLEN EGENUSE J The latest cut in repo rate, RBI’s recent announcement that it will implement a three-year USD/INR buy/sell swap, continued FPI-related outflows from equity markets and continued uncertainty over a rate deal with the US weighed on the rupee […]
The Indian benchmark index Nifty ended the week flat, although the bias remained slightly negative. When markets resume trading on Monday, a host of major domestic and global events coming up this week are likely to impact sentiment.On Friday, the Nifty closed 152.70 points, or 0.59%, higher at 26,186.45. Commenting on the trend, Ravi Singh, […]
The Indian rupee strengthened in early trading on Friday, extending its recovery above the 90 per dollar mark as traders largely steered clear of targeted bets on the currency ahead of a closely watched policy outcome from the central bank. The rupee stood at 89.7250 at 9:25 AM IST, up 0.3% from its previous close. […]