Rupee falls 3 paise to 85.78 against US dollar in early trade
Forex traders said the US dollar gained against most currencies during 2024 and continued to remain on a strong footing this year.
Rupee falls 4 paise to close at record low of 85.79 against US dollar
The rupee depreciated 4 paise to close at a record low of 85.79 against the US dollar on Friday, as strong dollar demand from importers and a muted trend in domestic equities weighed on investors' sentiments.
Rupee drops 11 paise to 85.75 against US dollar in early trade
The Indian rupee weakened by 11 paise, reaching 85.75 against the US dollar in early trade, as the dollar index remained strong and foreign fund outflows dampened market sentiment. The outlook for the rupee remains under pressure with global markets experiencing lower trading volumes.
Rupee falls 9 paise to close at 85.73 against US dollar
At the interbank foreign exchange, the rupee opened on a weak note and witnessed an intra-day low of 85.79 and a high of 85.68 against the American currency.
Rupee flat in early trade after opening 4 paise down
The rupee traded flat in early trade of January 3 after opening 4 paise down due to dollar demand and foreign fund outflows from equities. The Indian currency opened at 85.7988 to the dollar against 85.
Rupee Continues Slide Against US Dollar To Open 6 Paise Weaker
Kunal Sodhani of Shinhan Bank noted that the first upside resistance for USD/INR stands at the all-time high of 85.81. A breakout above this level could push the currency pair towards the psychological 86.00 mark. On the downside, the 85.45 level, which has turned into support, may act as the first downside target.
Rupee Falls 11 Paise to 85.75 vs US Dollar - News
The Indian rupee weakened against the US dollar in early trade on Thursday, driven by a strong dollar index and concerns over foreign fund outflows. Read more.
Rupee falls 3 paise to 85.78 in early trade
Rupee weakens against US dollar due to strong American currency, market focus on Trump's policies, and record low closing.
Rupee slumps 11 paise to 85.75 against dollar in early trade
Rupee falls to 85.75 against US dollar due to strong dollar index, foreign fund outflows, and low holiday volumes.
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Rupee falls four paise to close at record low of 85.79 against U.S. dollar
Rupee hits record low against dollar due to strong demand, U.S. economy outperformance, and expectations of fewer rate cuts.
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