Stay Connected. Stay Informed.
Rupee finally settled at 83.50 (provisional), higher by one paisa from its previous close. | Photo Credit: Reuters The Rupee inched up one paisa to settle at 83.50 (provisional) against the U.S. dollar on May 15 as the American currency retreated from its elevated level. However, sustained foreign fund outflows and a weak trend in…
Read More “Rupee edges up one paisa to 83.50 against U.S. dollar” »
On May 10, the Rupee closed at 83.51 against the American currency. | Photo Credit: The Hindu The Rupee was trading in a narrow range against the U.S. dollar in early trade on May 13, tracking a weak trend in domestic equities and strong American currency. Forex traders said with foreign investors buying U.S. dollars…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
The rupee consolidated in a narrow range and settled for the day on a flat note, higher by 2 paise at 83.50 (provisional) against the U.S. dollar on May 09, on weak domestic markets and a strong American currency. Forex traders said massive foreign fund outflows dented investors’ sentiments. At the interbank foreign exchange market,…
Read More “Rupee settles on flat note, higher by 2 paise at 83.50 against U.S. dollar” »
Rupee hit an intra-day high of 83.47 and a low of 83.52 against the greenback. | Photo Credit: The Hindu The Rupee consolidated in a narrow range and settled higher by one paisa at 83.51 against the U.S. dollar on May 7, amid a negative trend in domestic equities and strong dollar demand. Forex traders…
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 3 paise to 83.42 against the U.S. dollar in early trade on May 6, supported by a firm trend in domestic equities. Forex traders said the strength of the American currency in the overseas market and foreign fund outflows weighed on the local…
Read More “Rupee rises 3 paise to 83.42 against U.S. dollar in early trade” »
The Rupee had settled seven paise lower at 83.45 against the U.S. dollar on April 29. | Photo Credit: The Hindu The Rupee recovered four paise to 83.41 (provisional) against the U.S. dollar on April 29, tracking foreign capital inflows and a strengthening greenback against major crosses overseal. According to forex analysts, the domestic currency…
Read More “Rupee recovers four paise to 83.41 against U.S. dollar” »
Representational image only. | Photo Credit: The Hindu The Rupee declined seven paise to close at 83.35 (provisional) against the U.S. dollar on April 26 as a strengthening American currency overseas and a selloff in domestic equities weighed on the local unit. “Besides, rising crude prices in the international market and risk-averse sentiment dragged the…
Read More “Rupee falls seven paise to settle at 83.35 against U.S. dollar” »
On April 25, the Rupee had settled at 83.28 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 83.33 against the U.S. dollar in early trade on April 26, tracking a strong greenback overseas and a positive trend in domestic equities. “However, elevated crude prices in international markets and unabated…
Read More “Rupee declines five paise to 83.33 against U.S. dollar in early trade” »
On April 24, Rupee consolidated in a narrow range and settled two paise lower at 83.33 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated six paise to 83.39 against the U.S. dollar in early trade on April 25, tracking a negative trend in domestic equities and elevated crude oil prices. Forex…
Read More “Rupee falls six paise to 83.39 against U.S. dollar in early trade” »
At the interbank foreign exchange market, the local unit opened at 83.29, registering a gain of two paise from its previous close. | Photo Credit: The Hindu The Rupee was trading in a narrow range against the U.S. dollar in early trade on April 24, as the support from positive domestic equities was negated by…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
