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Latest from rupee

Bhavish Aggarwal schooled for suggesting Dollar sign be replaced with Rupee

Bhavesh Aggarwal's call to replace Dollar sign with the Indian Rupee led him to being trolled on social media.

Bhavish Aggarwal, CEO of Ola Cabs was trolled on social media for his remark on the Dollar sign. (Reuters)
Published on Aug 25, 2024 08:49 AM IST

Rupee drops to lifetime low of 83.7525 vs dollar on outflow worries

Forex traders said the sharp downfall in the domestic unit came on the heels of a downturn in the Indian equity markets and significant foreign fund outflows.

On Friday, the rupee settled 1 paisa higher at 83.72 against the US dollar in a range-bound trade.
Published on Aug 05, 2024 11:08 AM IST
PTI |

Indian rupee declines to record low after government raises tax on capital gains

The Indian rupee declined to record low after the domestic stock market crashed due to the government raising tax on capital gains.

The rupee declined to 83.69 to the dollar. (Getty Images/iStockphoto)
Published on Jul 23, 2024 02:30 PM IST

Rupee falls 5 paise to 83.54 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 83.52 and lost further ground to trade at 83.54 against the greenback in initial deals.

A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in Mumbai.(Reuters)
Published on Jul 04, 2024 09:59 AM IST
PTI |

Goldman Sachs favours Euro for its favorite carry trade, the Rupee

Goldman Sachs carry trades the Rupee using Euros, betting the European Central Bank will further reduce interest rates, while the RBI keeps the Rupee stable.

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City. (Reuters)
Published on Jun 28, 2024 08:46 PM IST
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