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How the Indian Rupee fared in the last six days. | Photo Credit: PTI The rupee stayed range-bound and settled 2 paise higher at 83.26 against the U.S. dollar on Thursday as the American currency retreated from its elevated levels after the U.S. Federal Reserve was a bit dovish in its policy meeting. Forex traders…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 9 paise to 83.19 against the U.S. dollar in early trade on November 2, tracking its Asian peers as risk-on sentiments prevailed in the market as the U.S. Fed was a bit dovish in its policy meeting. A weak U.S. dollar…
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The rupee depreciated 9 paise to close at an all-time low of 83.33 (provisional) against the U.S. dollar on Wednesday, tracking a strong greenback against major rivals overseas and unabated foreign capital outflows. Besides, a negative trend in domestic equities and elevated crude oil prices amid geopolitical uncertainty in the Middle East weighed on investor…
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The rupee depreciated 3 paise to 83.27 against the US dollar in the morning session on Wednesday, November 1, 2023 tracking a strong American currency overseas and muted trend in domestic equities. Persistent foreign fund outflows also weighed on the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 83.26…
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The rupee inched up 1 paisa against the US dollar in early trade on Tuesday, October 31, 2023, as the support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas. Forex traders said the dollar strengthened on safe-haven demand. However, a positive trend in domestic equities supported…
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Image used for representative purpose only. | Photo Credit: REUTERS The rupee settled flat at 83.25 (provisional) against the U.S. dollar on Monday, as sustained foreign fund outflows and the strength of the American currency in the overseas market weighed on investor sentiments. Forex traders said the Indian rupee traded on a flat note with…
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File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities. Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas…
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Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…
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The rupee continued its downward trend for the third consecutive session to close 6 paise lower at 83.23 (provisional) against the U.S. dollar on Thursday, dragged down by massive selling in equity markets and strengthening American currency overseas. Withdrawal of foreign funds and elevated crude oil prices touching $90 a barrel also weighed on the…
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On Monday, the rupee closed 4 paise lower at 83.16 against the U.S. dollar. | Photo Credit: R. Ragu The rupee paired its early gains and settled 2 paise lower at 83.18 (provisional) against the U.S. dollar on Wednesday, tracking negative cues from domestic equity markets and a stronger American currency overseas. Softening crude oil…
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