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Image for representation | Photo Credit: C. Venkatachalapathy The rupee appreciated by 7 paise to 83.24 against the U.S. dollar on Wednesday amid softening crude oil prices in the international market. Forex traders said the local unit faced some resistance due to subdued sentiment in the domestic equity market and foreign fund outflows. At the…
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Representational image only. | Photo Credit: The Hindu The Rupee was trading in a narrow range and appreciated three paise to 83.25 against the U.S. dollar in early trade on October 19, amid a negative trend in domestic equities. Forex traders said the Rupee is trading in a narrow range as sustained foreign fund outflows…
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Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…
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Image for representation | Photo Credit: V. Sudershan The rupee depreciated 17 paise to 83.23 against the US dollar in early trade on Tuesday, as a strong dollar and sustained foreign fund outflows weighed on investor sentiments. Forex traders said a weak trend in domestic equities also dented investor sentiments. At the interbank foreign exchange,…
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Representational image | Photo Credit: PTI The rupee depreciated 15 paise to 82.77 against the U.S. dollar in early trade on Monday as firm crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.71, then touched 82.77, registering a decline of 15 paise over its last close….
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Image for representation | Photo Credit: SUDERSHAN V The rupee depreciated by 16 paise to settle at 82.79 (provisional) against the U.S. dollar on Thursday, tracking a firm American currency and rising crude oil prices. Forex traders said that negative sentiment in the equity market and outflow of foreign funds also weighed on the domestic…
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Representational image. | Photo Credit: The Hindu The Rupee recovered from its all-time low levels and appreciated by seven paise to 83.06 against the U.S. dollar in early trade on August 22, as the American currency retreated from its elevated levels. Forex traders said the Rupee is trading in a narrow range as selling pressure…
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