Stay Connected. Stay Informed.
The rupee depreciated 15 paise to close at 83.21 (provisional) against the U.S. dollar on Tuesday (October 3), as a strong U.S. dollar and weak domestic equities dented investor sentiments. Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee. At the interbank foreign exchange market, the local…
Read More “Rupee falls 15 paise to close at 83.21 against U.S. dollar” »
At the interbank foreign exchange, the rupee opened at 83.23 and traded in a narrow range of 83.18 to 83.24 against the U.S. dollar. It finally settled at 83.22 (provisional). File | Photo Credit: The Hindu The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at…
Read More “Rupee snaps two-day fall, recovers 6 paise against U.S. dollar” »
Image used for representational purpose only. The rupee appreciated 9 paise to close at 82.94 (provisional) against the U.S. dollar on Tuesday (September 12) amid fresh foreign fund inflows and expectations of better macroeconomic data. Forex traders said the Indian rupee appreciated on Tuesday as domestic markets hit fresh record highs after Nifty breached the…
Read More “Rupee rises 9 paise to close at 82.94 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee settled 1 paisa lower at 83.03 (provisional) against the U.S. dollar on Monday (September 11), as positive cues from domestic equity markets failed to allay investors’ concerns over elevated crude prices. A weak American currency against major rivals overseas, however, supported the domestic…
Read More “Rupee falls 1 paisa to 83.03 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee reversed its three-day rally and depreciated by 13 paise to settle at 82.69 (provisional) against the U.S. dollar on Friday (August 25), tracking strong American currency and negative equity markets. Rising crude oil prices also weighed on the domestic unit even as foreign…
Read More “Rupee snaps three-day rally to settle 13 paise lower at 82.69 against U.S. dollar” »
On August 8, the rupee had settled at more than 8-month low level of 82.91 against the dollar. Image for representation purpose only. File | Photo Credit: PTI The rupee appreciated by 10 paise to 82.81 against the U.S. dollar in early trade on August 9 gaining ground from the 8-month low level amid weakening…
Read More “Rupee Appreciates 10 Paise to 82.81 Against US Dollar in Early Trade on August 9” »
Foreign currency traders work inside a trading firm behind the signs of various world currencies, in Mumbai. | Photo Credit: REUTERS The rupee witnessed a range-bound trading against the U.S. dollar in early trade on Friday, as the support from positive domestic equities was negated by firm crude oil prices. Forex traders said the rupee…
Read More “Rupee trades in narrow range against U.S. dollar” »
