Rupee News - Latest Updates & Headlines
Rupee strengthens against dollar amid Trump's reciprocal tariffs
New Delhi, April 4: The Indian rupee witnessed sharp gains on Friday at below 85 against dollar, as the dollar index and oil prices dropped sharply amid concerns over recession in the US economy after the reciprocal tariffs were announced.
Rupee projected to trade in range of 85.5-87.5 per dollar in FY26
New Delhi, April 2: The performance of Indian rupee in FY25, when compared with other global currencies, was relatively stable, with a stronger dollar weighing on all major currency pairs, a report showed on Wednesday.
Foreign investors pump Rs 31,000 crore into Indian stocks as market rebounds
Mumbai, March 30: Foreign investors have injected nearly Rs 31,000 crore into Indian equity markets in the last six trading sessions of March, according to the latest depository data.
India's forex reserves rise to USD 658.8 billion, extending gains for the third week
New Delhi, March 29: India's foreign exchange reserves rose USD 4.529 billion to USD 658.800 billion in the week that ended on March 21, extending gains for the third straight week, official data released by RBI showed.
India's forex reserves surge by $4.5 billion to $658.8 billion
Mumbai, March 28: India's foreign exchange reserves surged by $4.5 billion to scale a 4-month high of $658.8 billion in the week ended March 28, 2025, according to data released by the Reserve Bank of India on Friday.
India's export loss due to US tariff to remain limited at 0.1 pc of country's GDP: Report
New Delhi, March 28: India's direct export loss due to tariffs imposed by US President Donald Trump is expected to remain limited at only 0.1 per cent of the country's GDP, according to a report by CareEdge Ratings.
Stock markets rally for 6th straight day, Sensex jumps over 1,000 points
Mumbai, March 24: The Indian stock markets on Monday continued their winning streak for the sixth consecutive trading session, with both Sensex and Nifty ending the day with robust gains.
India's forex reserves rise USD 305 million to USD 654.3 billion last week
New Delhi, March 23: India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14.
Sensex, Nifty extend winning streak for 5th day, wrap up week with 4 pc gain
Mumbai, March 21: Benchmark equity indices Sensex and Nifty on Friday continued their upward momentum for the fifth consecutive session, driven by a stronger rupee and a rebound in IT stocks.
India's BoP to remain negative for the year, but the magnitude would be lower: Report
New Delhi, March 19: Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.
Despite global turbulence Increased public spending is likely to drive economic activity in India: CareEdge
New Delhi, March 18: While corporate performance remains below par, key factors such as recovering rural demand, lower income tax burden, falling food inflation, expected rate cuts, and increased public spending are likely to drive economic activity in the coming months according to a report by CareEdge Ratings.
Stalin defends decision to replace rupee symbol with Tamil letter 'Ru'
Chennai, March 16: Tamil Nadu Chief Minister M.K. Stalin has defended his government's decision to replace the rupee symbol (₹) with the Tamil letter 'Ru' (from 'Rubaai', meaning rupee) in the state budget logo.
India's forex reserves soar USD 15.3 billion, highest weekly jump in over 3 years
New Delhi, March 16: India's foreign exchange reserves had their highest weekly gains in over three years in the week ending March 7.
'Intentionally disrespecting national symbol': DMK's Vanathi Srinivasan after TN replaces Rupee symbol in state budget logo
Chennai, March 14: Bharatiya Janata Party (BJP) MLA Vanathi Srinivasan on Friday criticized the MK Stalin-led Tamil Nadu government for replacing the Rupee symbol, accusing it of intentionally disrespecting the national symbol in a planned manner.
TN govt's removal of rupee symbol from Budget logo undermines national unity: FM Sitharaman
Chennai, March 13: Tamil Nadu Chief Minister M.K. Stalin's decision to remove the rupee symbol (₹) from the logo of the state's 2025-26 Budget, which will be presented in the Assembly on Friday, has sparked widespread criticism.
BJP's Tamil Nadu President Annamalai condemns DMK government's act of changing Rupee logo of state budget; calls it 'laughable'
New Delhi, March 13: The Tamil Nadu CM MK Stalin on Thursday released a video which showcased the logo for the Budget of 2025-26 and in this logo the national currency symbol 'Rs' had been substituted with the Tamil Alphabet 'Ru'.
FM Sitharaman condemns DMK for substituting 'Rs' with Tamil alphabet 'Ru' on state Budget
New Delhi, March 13: Union Finance Minister Nirmala Sitharaman on Thursday strongly condemned the DMK government's act of substituting the currency symbol of 'Rs' with Tamil alphabet 'Ru.'
Never expected such a debate to ever occur: Rupee symbol designer Udaya Dharmalingam over TN Budget row
Guwahati, March 13: After Tamil Nadu introduced a new rupee 'Ru' symbol on its state budget, IIT Guwahati professor Udaya Kumar Dharmalingam, the designer of the official Indian rupee symbol, expressed surprise over the debate surrounding the change.
Ru signifies protest against policies of Union government: DMK spokesperson
Chennai, March 13: DMK spokesperson Saravanan Annadurai on Thursday, speaking on the Tamil Nadu government replacing the Rupee symbol with the Tamil 'Ru' symbol for the state Budget, said that the aim behind the usage of 'Ru' was to signify the protest of the state against the policies of the Union government.
Unacceptable: BJP's Gourav Vallabh slams TN govt over Rupee symbol change
New Delhi, March 13: Bharatiya Janata Party (BJP) spokesperson Gourav Vallabh on Thursday launched a scathing attack on Tamil Nadu Chief Minister M.K. Stalin, accusing his government of undermining the Indian Constitution by replacing the Devanagari-script rupee symbol with the Tamil letter for rupee in the state's Budget documents.
A childish act by MK Stalin, Tamil Nadu BJP's Narayanan Thirupathy on non-usage of Rupee symbol in Budget logo
Chennai, March 13: Tamil Nadu BJP Vice President Narayanan Thirupathy hit out at the Tamil Nadu CM MK Stalin for replacing the Rupee Symbol for the Indian currency with Tamil alphabet 'Ru' for the state budget logo and termed it as a 'childish, foolish and nonsense act'.
Don't want to use Devnagri, that's all: Tamil Nadu's SPC official as State Govt replaces Rupee symbol in Budget logo
Chennai, March 13: Tamil Nadu State Planning Commission (SPC) Executive Vice Chairman J Jeyaranjan said the only reason for the State government to replace the Rupee symbol for the Indian currency with the Tamil alphabet 'Ru' in the State's Budget logo was that they did not want to use the Devnagari script.
Will Stalin change name into Tamil name? BJP's Tamilsai Soundarajan over TN govt Rupee symbol
Chennai, March 13: Bharatiya Janata Party (BJP) leader Tamilisai Soundarajan sharply criticised Tamil Nadu's DMK government for dropping the Rupee symbol for the Tamil alphabet 'Ru' in the state budget logo.
India forex reserves drop USD 1.8 billion to USD 639 billion in latest week
New Delhi, March 9: India's foreign exchange reserves slumped in the week that ended on February 28, as per latest RBI data.
Depreciating rupee, global commodity prices may impact India's CPI inflation: Bank of Baroda report
New Delhi, March 6: The depreciating Indian rupee and the global commodity prices can impact the inflation targeting of the country, according to a report Bank of Baroda.
Despite FPI outflows, benign US dollar and RBI intervention kept lid on Rupee slide: Bank of Baroda
New Delhi, March 4: Despite significant foreign portfolio investor (FPI) outflows in February, the rupee managed to avoid sharp depreciation, because of a stable US dollar and the Reserve Bank of India's (RBI) active intervention, according to a report by Bank of Baroda.
RBIs new governor stand of a flexible rupee led to 1.8pc depreciation against USD in 2025: UBI Report
New Delhi, March 1: The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
India forex reserves snap three-week gains; decline USD 2.5 billion in latest week
New Delhi, February 23: India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks.
Indian stock market trades almost flat, rupee strengthens
Mumbai, Feb 21: The domestic benchmark indices were trading nearly flat in the morning trade on Friday amid mixed global cues, as automobile stocks weighed on the sectoral indices.
India poised to stay world's fastest growing economy in 2025-26: RBI bulletin
Mumbai, Feb 20: High frequency indicators point towards a sequential pick-up in momentum of India's economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest RBI monthly bulletin.
Indian Rupee likely to trade in 86.5-87.5/USD range in near term, RBI to keep limited intervention: BoB Report
New Delhi, February 18: The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited, according to a recent report by Bank of Baroda.
Depreciating rupee may impact softened inflation in Q4 2024-25: Report
New Delhi, February 16: A key downside risk to overall inflation in the country could stem from depreciating rupee, impacting the prices of imported goods, financial services firm Centrum Broking said in a report.
India's forex reserves rise for third consecutive week
New Delhi, February 14: India's foreign exchange reserves extended their gains for the third straight week, after having slumped for about four months.
India's forex reserves rise for second consecutive week
New Delhi, February 8: India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four months.
Despite inflationary risk, falling rupee adding to India's export competitiveness: Finance Secretary
New Delhi, February 4: The Rupee's depreciation against the US dollar will pose a risk to inflation but at the same time will make the exports competitive, Finance Secretary Tuhin Kanta Pandey said Tuesday.
Rupee hits record low of 87.29 against USD as currencies globally tumble after Trump Tariffs
Mumbai, February 3: Indian rupee fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
Bloodbath in stock market as Sensex, Nifty down over one per cent
Mumbai, January 27: The stock market plunged downwards on Monday, with both Sensex and Nifty taking a significant hit as investor sentiment turned bleak amidst global and domestic challenges.
India's foreign exchange reserves continue to fall, kitty now over 10 per cent below its peak
New Delhi, January 26: India's foreign exchange reserves continue to decline, extending their slump for about four months now. The country's forex reserves have fallen in 15 of the past 16 weeks, hitting an 11-month low.
Rupee likely to rebound strongly once market stabilizes: SBI Report
New Delhi, January 20: The Indian rupee is likely to see a strong recovery once current market uncertainties settle down said a report by the State Bank of India (SBI).
Slump in India's forex reserves continues, hits 10-month low at USD 625.87 bn
Mumbai, January 19: India's foreign exchange reserves (Forex) continue to decline, extending their slump for the sixth consecutive week, standing at USD 625.87 billion as of January 10, according to the weekly data released by the Reserve Bank of India (RBI).