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On October 23, 2024, the Rupee had settled with a marginal gain of one paisa at 84.07 against the U.S. dollar. File | Photo Credit: The Hindu The Rupee stayed stuck at its near-record low of 84.07 (provisional) against the U.S. dollar on Thursday (October 24, 2024) as surging crude oil prices and persistent foreign…
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The rupee strengthened by 6 paise to 83.26 against the U.S. dollar in early trade on September 20 on easing global crude oil prices and rising appetite for riskier assets. However, a sell-off in the domestic equity markets and a strong American currency against major rivals overseas restricted the rupee’s rise, traders said. At the…
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Representational image. | Photo Credit: The Hindu The Rupee appreciated by 10 paise to 82.93 against the U.S. dollar in early trade on September 12, tracking a positive trend in domestic equities and foreign fund inflows. Forex traders said the Rupee is trading in a narrow range as the soft U.S. dollar and positive domestic…