Rupee hits all-time low against US Dollar, falls 26 paise to 83.08

Rupee rises 12 paise to close at 82.05 against US dollar

The Indian rupee closed 12 paise higher at 82.05 (provisional) against the US dollar on 19 July, boosted by the performance of domestic equity benchmarks, which reached all-time highs, and weakness in the greenback. Forex traders said the currency also benefited from steady foreign fund inflows into domestic markets.

Banks to issue RuPay forex cards; PPIs can issue e-RUPI vouchers:RBI

Rupee falls 11 paise to 82.76 against US dollar in early trade

Dollar heading for first monthly gain since September

The greenback's rally gathered momentum in recent weeks as upbeat economic data led to mounting expectations that the U.S. Federal Reserve will have to raise interest rates more than initially expected

Dollar heading for first monthly gain since September

The dollar index, which measures the currency against a basket of peers, was flat at 104.7, but was still set for a February gain of 2.5%, its first monthly increase since September

Is rupee chasing a new alphabetical order?

So, over the short to medium term, the Indian rupee is about to follow its own financial alphabetical order. For now, let’s keep the first alphabet A aside, and check out the next in the orders.

Dollar seesaws ahead of busy central bank week, euro higher after Spain CPI

The U.S. dollar index, which measures the currency against a basket of its peers including the euro, was flat at 101.88, having hit an eight-month low of 101.50 last week.