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On Tuesday, the Rupee appreciated four paise and settled at 83.43 against the greenback. The Rupee depreciated 17 paise against the U.S. dollar and settled at 83.60 (provisional) on June 26, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. “However, a firm trend in domestic…
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At the interbank foreign exchange market, the local unit opened strong at 83.39 and moved in the range of 83.34 and 83.48 against the greenback during the session. | Photo Credit: The Hindu The Rupee paired its initial gains and settled one paisa lower at 83.44 (provisional) against the U.S. dollar on June 19 in…
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On May 30, Rupee gained 11 paise to close at 83.29 against the U.S. dollar. | Photo Credit: The Hindu The Rupee paired all its early gains and settled with a steep loss of 20 paise at 83.49 (provisional) against the U.S. dollar on May 31 amid volatile domestic equity markets and unabated outflow of…
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On May 29, the Rupee pared initial gains to settle five paise lower at 83.18 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated nine paise to 83.27 against the U.S. dollar on May 29, tracking a negative trend in domestic equities and elevated crude oil prices. Forex traders said the local…
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The Rupee appreciated six paise to close at 83.31 against the U.S. dollar on May 21 following a weak greenback against major currencies overseas and softening crude oil prices in international markets. “However, a sluggish trend in the domestic equity markets restricted the sharp upside in the local currency,” forex traders said. At the interbank…
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At the interbank foreign exchange market, the local unit opened at 83.50 and touched an intraday high of 83.32 and a low of 83.50. | Photo Credit: The Hindu Rupee appreciated 17 paise to close at 83.33 (provisional) against the U.S. dollar on May 17, on positive domestic markets and expectations of some fresh foreign…
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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…
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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…
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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…
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…
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