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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 dips five paise at 82.75 against US dollar in early trade: Report

Rupee vs Dollar Today: On Tuesday, the rupee had opened 82.69 against the dollar. The domestic currency had reached a high of 82.69 and a low of 82.88. Finally, it depreciated by eight paise to settle at 82.70 against USD.

Rupee fell five paise to open at 82.75 against US dollar in early trade on Wednesday
Updated on Dec 22, 2022 09:23 AM IST
PTI | By | Edited by

India's forex reserves drop to lowest since July 2020

The rupee hit a record low of 83.29 per dollar in that turbulent week, and traders said the RBI had intervened in both the spot and forward markets to contain the slide.

The rupee ended 0.25% higher at 82.47 per dollar this week, ending a run of six straight weeks of declines.(HT_PRINT)
Published on Oct 28, 2022 09:01 PM IST
Reuters | | Posted by Sharangee Dutta, Mumbai
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