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- Emirates Islamic to introduce region's first Amazon Credit Card
- Alba receives RoSPA President's Award
- Gold price in the Qatari market increases by 2.78% this week
- NIC signs strategic agreement to develop and implement AI-powered ERP system
- QSE index rises marginally at beginning of Thursday's trading
- Abu Dhabi's IHC to invest $1 billion in India's Sammaan Capital
- Robotic surgery 12,000km away - Kuwait hospital wins Guinness record
- Qatar ports record double-digit growth in ships arrival in January-September
- Asian stocks rise, technology firms rally in Japan: Markets wrap
- QCB issues treasury bills worth QR400 million
03/05/2011 00:00 AST
The rupee depreciated by 8 paise to Rs 44.41 against the US dollar in early trade on the Interbank Foreign Exchange on Tuesday, weighed down by dollar gains against other currencies overseas and a weak trend in the equity market.
Forex dealers said the strengthening of the dollar against major currencies overseas and a weak start in the stock market mainly put pressure on the rupee.
The rupee fell by 11 paise to close at Rs 44.33/34 against the US currency in yesterday's trade due to dollar demand from banks and corporates.
Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 97.39 points, or 0.51 per cent, to 18,900.63 in opening trade today.
The Hindu Business Line
| Ticker | Price | Volume |
|---|
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
01/10/2025
The US dollar fell on Tuesday as investors braced for a possible US government shutdown that would delay release of the crucial jobs report this week, while the Australian dollar rose after the centr
QNA
29/09/2025
The Iranian rial plummeted to a record low against the US dollar on Sunday after the reinstatement of United Nations sanctions, according to currency-tracking websites.
On the black market,
Asharq Al Awsat
26/09/2025
A consortium of nine European banks, including ING and UniCredit, said on Thursday they are forming a new company to launch a euro-denominated stablecoin, a move they hope will help counter U.S. digi
Khaleej Times
19/09/2025
Up until now, cryptocurrencies have only been available via specialised exchanges and platforms. But in the UAE, banks are starting to offer a simpler alternative to buying and selling crypto.
Khaleej Times
11/09/2025
Remittances from the UAE are on the rise as several South Asian currencies have weakened in recent weeks. The key question: will this trend continue?
For those sending money home, timing is
Gulfnews
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