Free Press Journal
  • Rupee recovers 28 paise against US dollar in early trade

    Mumbai: The rupee Wednesday rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters and banks. Besides, dollar-selling by exporters and banks, easing crude prices in the global market and weakness in the dollar against other currencies overseas, helped the domestic currency rebound, forex dealers said.

  • Rupee recovers 10 paise against US dollar in early trade

    Mumbai: After a weak start, the rupee Tuesday recovered 10 paise to 72.41 against the US dollar amid volatility in early trade on fresh selling of the US currency by exporters and banks. The rupee, after opening lower at 72.65 against the US dollar, quickly recovered to trade 10 paise higher at 72.41 at the Interbank Foreign Exchange.

  • Rupee hits lifetime low of 72.18, drops 45 paise against US dollar

    Mumbai: The rupee on Monday slumped to a fresh record low of 72.18 by falling 45 paise against the US dollar on strong demand for the US currency from importers as the greenback strengthened against other currencies overseas on upbeat jobs data.

  • Rupee hits new all-time low of 71.37, drops 16 paise against US dollar

    Mumbai: The rupee Tuesday slumped 16 paise against the dollar to trade at a life-time low of 71.37 on strong demand for the US currency. At the Interbank Foreign Exchange, the local currency opened at a record low of 71.24 against a dollar, down from its previous close of 71.21, and weakened further to trade at a fresh low of 71.37, down 16 paise.

  • Rupee hits 71-mark for first time ever, drops 26 paise against US dollar

    Mumbai: The rupee slumped to a fresh record low of 71 against the dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices. At the Interbank Foreign Exchange (Forex) market, the local currency opened lower at 70.95 a dollar and slipped further to hit its lifetime low of 71 from its previous close of 70.74. Forex dealers said besides robust month-end

  • Rupee hits record low of 70.55, drops 23 paise against US dollar

    Mumbai: Continuing its free-fall, the rupee today weakened by another 23 paise against the dollar to trade at a life-time low of 70.82 on strong month-end demand for the US currency amid sustained foreign fund outflows. At the Interbank Foreign Exchange (Forex) market, the local currency opened a tad higher at 70.57 a dollar from its previous close of 70.59 but slipped to hit a fresh low of 70.82, down by 23

  • Rupee hits new all-time low of 70.32, plunges 43 paise against USD

    Mumbai: The rupee today slumped 43 paise against the dollar to trade at a life-time low of 70.32 on strong demand for the US currency. At the Interbank Foreign Exchange, the local currency opened at a record low of 70.25 a dollar, down from its previous close of 69.89, and weakened further to trade at a fresh low of 70.32, down by 43 paise.

  • US dollar declines amid United States-China trade conflicts

    New York: The US dollar index decreased against most other major currencies as investors monitored the latest development of US-China trade conflicts. In late New York trading on Wednesday, the euro increased to $1.1618 from $1.1594 in the previous session, and the British pound was down to $1.2892 from $1.2935 in the previous session, Xinhua news agency reported.

  • Rupee hits 16-month low against US dollar

    Mumbai : The embattled rupee suffered yet another blow on Monday — falling by 18 paise to end at a fresh 16-month low of 67.51 against the US currency on heavy dollar purchases and sustained fund outflows from equities.

  • Rupee depreciates 8 paise vs US dollar in opening trade

    Mumbai: The rupee weakened by 8 paise to 66.83 against the dollar in opening trade today at the Interbank Foreign Exchange market largely on month-end demand for the US currency from importers amid sustained foreign capital outflows.

  • Rupee cracks below 66-mark, falls 25 paise against US dollar

    Mumbai: Rupee weakened by 25 paise to breach the 66-level and hit its 13-month low of 66.05 against the US dollar in the early trade today due to appreciation of the US currency overseas. Increased demand for the dollar from importers also put pressure on the domestic unit.

  • Rupee rebounds 17 paise against US dollar

    Mumbai: Reversing its three-day downward trend, the rupee recovered by 17 paise to 63.96 against the US dollar in early trade today on fresh selling of the American currency by exporters.

  • Former slave Harriet Tubman to be new face of USD 20 bill

    Washington: In a historic move, the US is set to put celebrated anti-slavery activist Harriet Tubman on a USD 20 bill in place of former president Andrew Jackson, making her the first woman to appear on an American banknote in more than a century.

  • rupees-indian

    Rupee gains 7 paise against dollar in early trade

    Mumbai: The rupee rose by 7 paise to 68.50 against the dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters.

  • Rupee down

    Rupee down 10 paise against dollar in early trade

    Mumbai: The rupee was trading lower by 10 paise at 66.92 against the dollar in early trade at the Interbank Foreign Exchange today on sustained foreign fund outflows amid increase demand for the US currency from importers.

  • Rupee recovers

    Rupee recovers by 15 paise against dollar in early trade

    Mumbai: The rupee recovered from a two-week low by rising 15 paise to 66.46 against the dollar at the Interbank Foreign Exchange in early trade today on fresh selling of the US currency by banks and exporters.

  • China rout sinks Sensex by 538 pts

    Mumbai : Markets collapsed like a pack of cards as the Sensex crashed below the 26,000-mark by sinking almost 538 points, its worst fall in more than three months, hit by a China sell-off and geo-political tension in the Middle-East, with the rupee plunging 47 paise against the dollar. As a result, gold glittered on its safe-haven appeal. The benchmark Sensex ended the day lower by 537.55 points, or 2.05 per cent, at 25,623.35 as

  • Rupee down

    Rupee down 21 paise against dollar in early trade

    Mumbai: The rupee was trading lower by 21 paise at 66.35 against the dollar in early trade today at the Interbank Foreign Exchange (forex) market on increased demand for the US currency from importers and jump in global crude
    prices as tensions flared up between Iran and Saudi Arabia.