Diabytes
Rupee exchange rate News
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The Indian currency had on Thursday breached the 69-mark.
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The rupee weakened by 4 paise to 64.20 against the US dollar in early trade today on increased month-end demand for the American currency from importers at the Interbank Foreign Exchange.
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The rupee fell to over 8-month low of 68.24 against the US dollar in mid-session deals Monday following bouts of American currency demand from importers amid drop in domestic equities as well as bullish dollar overseas.
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The rupee Friday crashed below the psychological 68-mark to end at near nine-month low as sentiment turned bearish on combination of growing US rate hike expectations and stunning dollar run.
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The rupee recovered 7 paise to 67.11 against the US dollar in early trade Tuesday on selling of the American currency by exporters and banks amid a higher opening in the domestic equity market.
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The rupee may have weakened against the dollar in nominal terms, but at real effective exchange rates, it appreciated by 5.5 percent in 2014-15 and 3 percent in 2015-16, the government informed Parliament today.
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The rupee maintained its upmove for the fourth straight day Friday in a highly volatile trade and appreciated by a modest two paise to settle at 66.40 against the greenback.
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The rupee surged to a three-week high of 66.42 against the American currency after the Federal Reserve's historic episode of monetary tightening measures triggered panic dollar selling.
The rupee tumbled by 19 paise to end at more than two-year low of 66.76 against the US dollar Friday on month-end demand for the American currency from importers and some banks.
The rupee strengthened by 10 paise to 66.08 against the dollar in early trade Friday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks.
The rupee hovered in a range of 65.72 and 65.84 during the day.
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During the day, rupee hovered in the range of 65.60 and 65.77.
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The rupee Thursday slumped by 38 paise to close at more than 3-week low of 65.31 against the American currency on month-end dollar demand from importers and some banks in view of firm greenback overseas.
The domestic unit hovered in a range of 64.87 and 64.71 during the day.
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The rating agency expects the rupee to trade in the range of 64.50-66.25 for the remainder of 2015-16.
Rupee moved in a range of 65.00 and 65.18 per dollar during the day.
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The rupee hovered in a range of 64.85 and 65.19 per dollar during the day before ending at 65.18, showing a loss of 43 paise or 0.66 percent.
The rupee hovered in the range of 64.72 to 64.92 per dollar during the day, before concluding the day at 64.74, showing a gain of 32 paise or 0.49 percent.
The rupee fell by 11 paise to end at 65.06 against the US dollar Thursday on fresh demand for the American currency from banks and importers amidst a decline in equity markets.
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Rupee hovered in the range of 65.3650 to 64.9500 per dollar during the day.
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