The rupee opened at 82.19, then fell further to 82.43 and finally settled for the day at an all-time low of 82.32 against the American currency At the interbank foreign exchange market, registering a decline of 15 paise over its previous close.
Rupee vs Dollar: At the interbank foreign exchange market, the domestic currency opened at 79.93 per dollar. It hovered in a range of 79.84 to 79.94 during the session. The domestic unit finally settled at 79.89, down 7 paise over its previous close of 79.82.
Rupee vs Dollar: At the interbank foreign exchange market, the local currency opened at 79.75 and moved in a range of 79.73 to 79.84 during the day. It finally ended at 79.84 against the American currency, down 20 paise over its previous close of 79.64.
The rupee opened weak at 79.50 per dollar at the interbank foreign exchange market.
Foreign institutional investors (FIIs) were net sellers in the capital market on Friday as they sold shares worth Rs 675.45 crore, as per exchange data.
India is 85 per cent dependent on foreign oil to meet its needs for fuels, such as petrol, diesel and jet fuel.
Foreign institutional investors were net sellers in the capital market on Thursday, as they offloaded shares worth Rs 2,839.52 crore, as per exchange data.
At the interbank foreign exchange market, the local currency opened at 78.20 and witnessed an intra-day high of 78.02 and a low of 78.29 against the US dollar.
The Indian rupee has breached the 74 per dollar mark and experts feel that with continued global economic concerns and possibilities of further plunge in financial and oil markets, it may continue to witness volatility in the coming days.
The rupee on Monday slipped past the 74-level against the US dollar to settle at 74.14 (provisional), down 27 paise tracking heavy selling in domestic equity market amid rising concerns over coronavirus-led economic slowdown.
The Indian currency was trading 57 paise lower at 72.04 against the US dollar at 1548 hours.
Rupee had settled for the day at 70.87 against the US dollar.
Rupee turned weak and slipped to trade at a fresh lifetime low of 74.27, showing a fall of 21 paise over its Monday's close of 74.06.
The domestic currency dropped 43 paise to 73.34 against the US dollar in the early trade at the Interbank Foreign Exchange market.
Globally, sentiments took a hit after US President Donald Trump Monday announced imposition of new tariffs on an additional USD 200 billion worth of imports from China, escalating the trade war with the Asian giant.
According to a report by the firm, the 8.2 per cent GDP growth for the April-June quarter of this year, though "encouraging", was largely owing to base effects.
The domestic currency was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oil prices and uanabated foreign fund outflows.
The finance minister argued that Indian Rupee was not the only currency to be hit in the current global economy and if anything, INR strengthened vis-a-vis other international currencies in last four-to- five years.
A surge in global oil prices, concerns over US-China trade war and contagion risks from Turkey and Argentina are the factors impacting forex market sentiment.
At the interbank foreign exchange market, the rupee opened lower at 70.32 a dollar against 70.10 previously and dropped further to a new low of 70.52 in late morning deals, down by 42 paise.
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