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Image used for represnetative purpose only | Photo Credit: MUSTAFAH KK The rupee opened on a flat note against the U.S. dollar in early trade on May 17, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas markets. Forex traders said the Indian rupee underperformed…
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The rupee appreciated 8 paise to 83.44 against the U.S. dollar in early trade on Thursday, as the American currency retreated from its elevated levels. | Photo Credit: C. Venkatachalapathy The rupee appreciated 8 paise to 83.44 against the U.S. dollar in early trade on Thursday, as the American currency retreated from its elevated levels….
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 5 paise to 83.43 against the U.S. dollar in early trade on April 29 amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets. However, positive sentiment in the domestic equity markets and retreating crude oil prices in…
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Representational image of a man counting money | Photo Credit: Reuters The rupee depreciated 4 paise to 83.12 against the U.S. dollar in early trade on Wednesday, tracking a negative trend in domestic equities. Forex traders said the strength of the American currency and elevated crude oil prices in the international market dented investors’ sentiments….
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The rupee continued its gaining momentum for the second consecutive day and appreciated 7 paise to settle at 83.18 (provisional) against the U.S. dollar on October 11 amid robust buying in domestic equities and a weak American currency overseas. However, unabated withdrawal of funds by foreign institutional investors weighed on the domestic currency, Forex analysts…
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Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee edged up 1 paisa to 83.21 against the U.S. currency in a restricted trade on September 28 amid gains in domestic equities. The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 7 paise to 83.02 against the U.S. dollar in early trade on August 18 as the American currency retracted from its elevated levels. However, a muted trend in domestic equities, foreign fund outflows and…
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