₹2,000 note withdrawn: Exchange for gold at ₹70,000, hawala rate at ₹91 per dollar: Report

A report by Business Standard pointed out that some people are exchanging the ₹2000 notes for gold and dollars in the grey/unaccounted market, leading to huge premiums (over official rates) for both asset classes.

Rupee falls 13 paise to close at 82.38 against US dollar

At the interbank foreign exchange, the domestic unit opened at 82.29 against the dollar, also the intra-day high, and settled for the day at 82.38 (provisional), down 13 paise from its previous close.

Rupee falls 10 paise to 82.35 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 82.29 against the dollar, then fell to 82.35, registering a decline of 10 paise over its last close.

Rupee rises 11 paise to 82.20 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 82.22 against the dollar and then rose to 82.20, registering a gain of 11 paise over its previous close.

Rupee records worst week since mid March as dollar regains strength

The rupee closed at 82.1625 per U.S. dollar compared with 82.09 in the previous session.

Rupee opens lower by 10 paise against US dollar

At the interbank foreign exchange market, the rupee opened lower at 82.26 against the previous close of 82.16.

Panic over bank turmoil sparks flight to safe haven currencies

<ul><li>In the latest blow to investors' confidence in the financial sector, Credit Suisse's shares on Wednesday plunged as much as 30%, after its largest shareholder said it could not provide further support to the bank.</li></ul>

Rupee poised to extend rally on soft dollar index, positive risk mood

The rupee and other Asian currencies this week will be tracking the Federal Reserve Chair Jerome Powell's testimony to congress lawmakers on Tuesday and Wednesday and the monthly U.S. jobs report.

Rupee gains 32 paise to close at 82.50 against US dollar

<ul><li>Forex traders said factors like strong Asian peers and crude oil prices trading below USD 80 per barrel also helped the currency.</li></ul>

Dollar subdued ahead of US Fed minutes, yen at 6-month high

Investor attention this week is fixed on the minutes of the Fed's December policymaking meeting, which are due to be released on Wednesday, with traders looking for clues to what rate path is likely to be taken in 2023.

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₹2,000 note withdrawn: Exchange for gold at ₹70,000, hawala rate at ₹91 per dollar: Report

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