The Rise Of Rupee: Indian Rupee Going To Takeover the Dollar Soon?
Indian Rupee is in the Race to take over the American Dollar. More than 18 countries have agreed to use Rupee for International trade with India. After this more than 35 countries have shown their interest to trade in Indian Rupee. The global importance of the Indian Rupee has risen in the last few years after India-Russia, India-UAE and India-Singapore agreements on trade deals in INR. Which has also led to a decrease of the use of dollars in international trade.
Aug 11, 2023, 11:40 AM IST
Rupee depreciates 4 paise to 79.96 against US dollar in early trade
The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and firm crude oil prices.
Jul 20, 2022, 11:16 AM IST
Rupee down 5 paise to 63.57 against dollar
The rupee fell marginally by 5 paise to 63.57 against the US dollar in early trade today on increased demand for the American currency from importers.
Jul 14, 2015, 09:42 AM IST
Rupee falls 10 paise vs dollar; slides for 3rd straight day
The domestic unit opened lower at 64.15 from its previous close of 64.06 at the Interbank Foreign Exchange (Forex) market and hovered in a range of 63.9925 and 64.1750 before finishing at 64.16 per dollar, a loss of 10 paise or 0.16 percent.
Jun 15, 2015, 18:27 PM IST
Rupee firms up 5 paise against dollar
The rupee had snapped its 3-day losing streak against the US dollar by ending 21 paise higher at 63.80 in yesterday's trade.
May 29, 2015, 10:52 AM IST
Rupee plunges to 64-level vs US dollar
The rupee reacted downwards against the pound sterling to 98.58 from 98.36 previously and dropped against the euro to 69.87 from 69.77.
May 26, 2015, 18:47 PM IST
Rupee weakens 11 paise to 63.68 against dollar
The rupee had declined 5 paise to close at 63.57 in yesterday's trade on fresh dollar demand from banks and importers amid a sharp fall in equities.
May 26, 2015, 10:19 AM IST
Rupee up 5 paise to 63.59 in early trade against dollar
The rupee edged higher marginally by 5 paise to 63.59 against the US dollar in early trade today on continued selling of the American currency by banks and exporters.
May 22, 2015, 09:49 AM IST
Rupee gains 17 paise to 63.65 against dollar in early trade
The rupee strengthened 17 paise to 63.65 against the dollar in early trade at the Interbank Foreign Exchange on Thursday on fresh selling of the US currency by exporters and banks amid a higher opening in the equity market.
May 21, 2015, 09:37 AM IST
Rupee bounces back by 5 paise vs dollar to 63.67
It moved in a range of 63.54 and 63.81 per dollar during the day.
May 19, 2015, 18:09 PM IST
Rupee appreciates 6 paise vs Dollar, recovers from early losses
A recovery in local stocks after early fall helped the rupee to rebound to quote at 63.66 at 1045 hrs, showing a rise of six paise or 0.09%.
May 19, 2015, 11:59 AM IST
Rupee down 8 paise against dollar in early trade
Yesterday, the rupee had shed 21 paise to close at 63.72 against the US currency due to fresh dollar demand from banks and importers.
May 19, 2015, 10:35 AM IST
Rupee at fresh seven-month low of 61.94 against USD
The domestic currency had lost 22 paise to end at 61.75 against the US dollar in yesterday's trade.
Oct 01, 2014, 10:22 AM IST
Rupee trades at a fresh seven-month low of 61.62 Vs dollar
Yesterday, the rupee had tanked 38 paise to log nearly 7-month closing low of 61.53.
Sep 30, 2014, 10:40 AM IST
Rupee down 25 paise to 61.40 against dollar
The rupee had recovered by 19 paise to close at 61.15 against the dollar in Friday's trade in tune with local equities.
Sep 29, 2014, 10:50 AM IST
Rupee trims early losses, still down 9 paise to 61.43 Vs dollar
In the last four days, the rupee has stumbled by 86 paise or 1.41 percent.
Sep 26, 2014, 09:57 AM IST
Rupee down 11 paise to 60.93 against dollar in early trade
The rupee fell by 11 paise to 60.93 against the US dollar in early trade today at the Interbank Foreign Exchange market due to increased demand for the US currency from importers.
Sep 23, 2014, 09:52 AM IST
Rupee down 4 paise to 60.85 against dollar in early trade
Fresh demand from importers for the American unit put pressure on the rupee.
Sep 22, 2014, 10:10 AM IST
Rupee ends at 1-week high of 60.81 vs USD; logs 1st weekly drop in 7
The Indian rupee on Friday edged up three paise to end at one-week high of 60.81 against the Greenback on sustained dollar selling by exporters and capital inflows.
Sep 19, 2014, 19:04 PM IST
Rupee dips below 61-mark vs USD, ends 35 paise lower at 60.95
Continued dollar demand from importers and some banks too weighed on the rupee value that intra-day hit a low of 61.04, said forex brokers.
Sep 10, 2014, 18:53 PM IST
