Rupee falls 13 paise to all-time closing low of 85.65 against US dollar
Forex traders said the rupee has been under continued pressure amid the Federal Reserve's cautious stance on rate cuts and the "Trump factor" driving up the dollar index (DXY) and US 10-year bond yields.
Rupee Falls 4 Paise to Close at 85.52 Against US Dollar
Forex traders said the rupee witnessed heavy volatility on Friday as well on Monday amid significant dollar demand linked to the expiry of December currency futures and maturing positions in the outstanding forwards.
Rupee Weakens 5 Paise Against US Dollar On New Year's Eve
With today being the last day for the rollover of positions, the rupee is expected to remain volatile, expert Anil Kumar Bhansali said.
Rupee falls 9 paise to 85.61 against US dollar in early trade
Rupee faces volatility due to dollar demand, futures expiry, and FII outflows, impacting forex trading and equity markets.
Rupee Falls 4 Paise to 85.52 vs Dollar
The Indian rupee weakened against the US dollar on Monday, driven by dollar demand from importers, foreign fund outflows and a muted trend in domestic equities.
Rosy New Year Ahead? Rupee Inches Away From 86 A Dollar With 6 Paise Gain
On Friday, the rupee closed at 85.54, marking its steepest single-day decline since February 2023. The domestic currency had depreciated sharply, hitting a new all-time low of 85.81 during the last session. The rupee opened at 85.32 per dollar and closed at 85.26 on Thursday.
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Rupee Sinks 53 Paise To Hit New All-Time Low Of 85.80 In Mid Session
Mumbai, Dec 27 (PTI) The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new ...