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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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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 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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The rupee traded in a narrow range to settle 5 paise higher at 83.23 (provisional) against the U.S. dollar on Thursday, tracking softening crude prices in the international markets amid lingering geopolitical uncertainties. However, foreign fund outflows, a weak greenback overseas and a negative trend in domestic equities weighed on investor sentiments, forex traders said….
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A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee depreciated 3 paise to settle at 83.23 (provisional) against the U.S. dollar on Wednesday, as a muted trend in domestic equities and sustained foreign fund outflows weighed on investor sentiments. Forex traders said the strength…
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A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee appreciated 19 paise to 82.94 (provisional) against the U.S. dollar on Friday, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee continued its upward trend for the second straight session and appreciated by 9 paise to 82.93 against the U.S. dollar in early trade on Septmber 11, tracking positive cues from domestic equity markets and a weak American currency against major overseas rivals. However,…
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The rupee settled at 83.14 (provisional) against the U.S. dollar, down 10 paise from its previous close. | Photo Credit: REUTERS The rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 (provisional) against the U.S. dollar on Wednesday, weighed down by a surge in crude oil prices and…
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The rupee appreciated by 14 paise to settle at 82.58 (provisional) against the U.S. dollar on Thursday, marking its third straight day of gains on the back of softening crude oil prices and foreign funds inflows. The upward trend in the past three sessions led to a gain of 55 paise in the Indian currency,…
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