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Representational image. File The rupee fell 3 paise to close at 84.32 (provisional) against the U.S. dollar on Tuesday (November 26, 2024), as the greenback strengthened on Donald Trump’s tariff plans and a muted trend in domestic equities. Forex traders said U.S. President elect Donald Trump’s comments that he would impose additional 10% tariffs on…
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The rupee recovered on Friday (November 22, 2024) from its all-time low level and appreciated 9 paise to close at 84.41 against the U.S. dollar. Photo: Special Arrangement The rupee appreciated 10 paise to close at 84.31 (provisional) against U.S. dollar on Monday (November 25, 2024), supported by a firm trend in domestic equities amid improved…
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Image used for representational purpose. | Photo Credit: Reuters The rupee turned flat at 84.42 against the U.S. dollar in early trade on Thursday (November 21, 2024) amid volatile crude oil prices and lackluster sentiment in the domestic equity markets. A weaker American currency supported the local unit, but it was weighed down by the…
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Representational image. | Photo Credit: The Hindu In early trade on Tuesday (November 5, 2024), the rupee fell 2 paise to an all-time low of 84.13 against the U.S. dollar, as persistent foreign fund outflows and a muted trend in domestic equities dented investor sentiments. Forex traders said all eyes are on the U.S….
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Image used for representational purpose. | Photo Credit: Reuters Rupee depreciated 4 paise to close at 84.09 (provisional) against U.S. dollar on Wednesday (October 30, 2024), weighed down by weak domestic markets and month-end dollar demand from importers. Forex traders said suspected intervention by the Reserve Bank of India (RBI) supported the local currency at…
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Image used for representational purpose. | Photo Credit: Reuters The rupee pared its initial gains and settled on a flat note at 83.99 against the U.S. dollar on Monday (October 7, 2024) on selling pressure from foreign funds and weak tone in the domestic markets. Forex traders said elevated crude oil prices and escalating tensions…
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The rupee trimmed its initial gains against the U.S. currency but was still quoted higher by 120 paise to 67.60 per dollar on Thursday. | Photo Credit: Raghunathan S. R. The rupee depreciated 11 paise to close at 83.65 (provisional) against the American currency, weighed down by a muted trend in domestic equities and rising…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 2 paise to 83.84 against the U.S. dollar in early trade on Tuesday (September 17, 2024), helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. However, a sluggish trend in the domestic equities and fresh…
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Image used for representational purpose. | Photo Credit: Reuters The rupee rose 2 paise to 83.96 against the U.S. dollar in early trade on Wednesday (September 4, 2024) aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. The dollar index, which gauges the greenback’s strength against a basket…
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Image used for representational purpose. | Photo Credit: Vivek Prakash The rupee opened 1 paisa higher at 83.67 against the U.S. currency on August 1 after the Federal Reserve held the rates, but said a September rate cut could be on the table. The U.S. dollar declined marginally in overseas markets but Brent crude oil…
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