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Representational image. | Photo Credit: The Hindu The Rupee traded on a flat note at 82.85 against the U.S. dollar in early trade on February 23 amid outflow of foreign funds and volatile crude oil prices in the overseas market. Positive equity market sentiment and a weak American currency, however, provided support to the domestic…
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At the interbank foreign exchange market, the local unit opened at 83.02 and touched the intraday high of 82.91 against the greenback. | Photo Credit: The Hindu The Rupee appreciated six paise to settle at 82.95 (provisional) against the U.S. dollar on February 20, amid robust equity market sentiment and a weak American currency. Forex…
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At the interbank foreign exchange, Rupee unit opened at 83.11 against the greenback. | Photo Credit: The Hindu The Rupee appreciated five paise to close at 83.03 (provisional) against the U.S. dollar on February 14, tracking positive domestic equities. Forex traders said strength of the American currency in the overseas market and elevated crude oil…
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On February 9, the domestic currency settled at 83.07 against the dollar. | Photo Credit: The Hindu The Rupee appreciated eight paise to 82.99 against the U.S. dollar in early trade on February 12, amid weakness of the American currency in the overseas market. At the interbank foreign exchange, the domestic currency opened at 83.01,…
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On February 8, the Rupee settled on a flat note at 82.96 against the U.S. dollar, after the Reserve Bank of India decided to keep the key policy rate unchanged. | Photo Credit: The Hindu The Rupee depreciated by seven paise to 83.03 (provisional) against the U.S. dollar on February 9, tracking a strong American…
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Rupee hit an intraday high of 82.94 and a low of 83.09. | Photo Credit: The Hindu The Rupee appreciated nine paise to close at 82.96 (provisional) against the U.S. dollar on February 7, tracking a correction in the greenback against major currencies and fresh foreign capital inflows. “However, a rise in crude oil prices…
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The Rupee depreciated eight paise to settle at 83.06 (provisional) against the U.S. dollar on February 5, as strengthening American currency overseas and negative sentiment in the domestic equity markets weighed on the local unit. “However, the downward trend in the global crude oil prices supported the domestic unit and restricted its decline,” forex traders…
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The Rupee settled flat at 82.98 against the dollar on February 2, a day after rising six paise on the day of the Union Interim Budget. | Photo Credit: The Hindu The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising…
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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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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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