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Searched Tag: rupee
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Silver declines ₹ 2,000, gold declines by ₹ 600

April 7, 2026, 07:11 PM - 2 min read

Silver fell by ₹2,000, or nearly 1 per cent, to ₹2,40,000 per kg (inclusive of all taxes), down from the previous session’s closing level of ₹2,42,000 per kg.

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The Indian currency, despite RBI intervention on dollar hoarding by banks, is under immense pressure due to constantly fluctuating oil prices.

Rupee declines 19 paise against US dollar in early trade

April 7, 2026, 10:06 AM - 2 min read

While the Reserve Bank of India (RBI) is trying its best to support the decline in the currency, it has so far managed to prevent the decline of the Indian currency beyond 94 rupees per US dollar.

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Rupee gains 33 paise against US dollar in early trade

Rupee gains 33 paise against US dollar in early trade

April 6, 2026, 10:40 AM - 2 min read

The rupee started gaining strength on Thursday when it climbed 5 paise. The trend continued on Monday despite rising fuel and energy costs.

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Rupee rebounds 128 paise against dollar after RBI intervention

March 30, 2026, 11:35 AM - 2 min read

The Central Bank directed banks to limit their net open position (NOP-INR) in the foreign exchange market to $100 million, with compliance required by April 10. Investors said the rupee opened stronger as banks, which generally hold long positions, began cutting their exposure in the onshore currency market following the RBI directive.

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