Lower global oil prices and a higher Sensex boosted the rupee. On Tuesday, the rupee had posted its biggest one-day gain against the US dollar.
1 min read19 Dec 2018This is a big turnaround for the rupee which had hit a record low of 74.48 a dollar on 11 October. Including today's big gain, the rupee is up by about 6% against the US dollar from its record low
2 min read29 Nov 2018The rupee today closed at 70.69 against US dollar, its highest in three months.
1 min read22 Nov 2018The rupee today hit a two-month high of 71.28 against the US dollar today.
2 min read20 Nov 2018The rupee has weakened over 7.5% so far this year. The rupee closed at a new life-time low of 69.93 against US dollar today.
2 min read13 Aug 2018The rupee closed at 64.45 a dollar - a level last seen on 19 Jun, up 0.14% from its Wednesday's close of 64.54
1 min read13 Jul 2017Sharp appreciation in the rupee against the dollar recently is likely to have dented June quarter profitability of exporters that source locally and have limited pricing power, says Crisil Ratings
2 min read11 Jul 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared