Rupee Rally: Rupee rally: Currency rises 34 paise against dollar amid hopes of US-Iran peace deal

The rupee appreciated by 34 paise to close at 95.26 against the US dollar on Monday, marking its third consecutive session of gains, amid improving global sentiment over a possible peace agreement between the United States and Iran.According to news agency PTI, the rupee strengthened as optimism grew around easing tensions in West Asia and […]

Rupee inches 7 paise to reach 90.40 against US dollar

Rupee opened in green on Thursday, rising 7 paise to reach 90.40 against US dollar. The currency was supported by corporate dollar demand, while investors remained cautious as they awaited fine print of the India-US trade deal.According to markets, the market mood has shifted from optimism to caution, with participants waiting for official confirmation, as […]

Record low! Rupee falls by 23 paise against US dollar; reaches 91.01

The rupee on Tuesday depreciated to another record low, by 23 paise against the US dollar, reaching 91.01 (provisional) . This decline was attributed to continuous foreign fund outflows, stalled India-US trade negotiations, and sustained US dollar purchases.The domestic currency initially dropped 36 paise to touch 91.14, its lowest point ever, before recovering slightly. Despite […]