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Image for representation | Photo Credit: Reuters The rupee fell below 84 to a dollar level for the first time on Friday (October 11, 2024), pressured by concerns over the recent jump in oil prices and the exodus of foreign money from the equity market. The rupee dropped to a low of 84.0525 per U.S….
“A marginal decline in the value of the greenback against overseas currencies and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit,” forex traders said. | Photo Credit: The Hindu “Rupee depreciated two paise to close at 83.98 (provisional) against the U.S. dollar on Thursday (October…
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“The Indian Rupee remained steady as the RBI left repo rate and CRR unchanged at 6.5% and 4.5%, respectively,” said Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas. | Photo Credit: The Hindu The Rupee traded in a narrow range and settled for the day higher by just one paisa at 83.96 (provisional)…
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On September 26, the Rupee declined eight paise to settle at 83.66 against the American currency. File | Photo Credit: The Hindu The Rupee declined four paise to settle at 83.70 (provisional) against the U.S. dollar on Friday (September 27, 2024) amid subdued domestic equity markets and increased month-end demand for the American currency. “However, sliding…
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On July 24, the Rupee depreciated two paise to hit its all-time closing low of 83.71 against the U.S. dollar. File | Photo Credit: The Hindu The Rupee fell one paisa to close at an all-time low of 83.72 (provisional) against the U.S. dollar on July 25, dragged down by demand for the American currency…
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On July 24, the Rupee depreciated two paise to hit its all-time closing low of 83.71 against the U.S. dollar. | Photo Credit: The Hindu Rupee opened on a muted note and fell to an all-time low of 83.72 against the U.S. dollar on July 25, dragged down by the strength of the American currency…
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On July 12, the Rupee settled at 83.51 against the U.S. dollar. | Photo Credit: The Hindu Rupee depreciated 11 paise and settled for the day at an all-time low of 83.62 (provisional) against the U.S. dollar on July 15, weighed down by the overall strength of the American currency in the overseas market. Forex…
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On Tuesday, the Rupee appreciated four paise and settled at 83.43 against the greenback. The Rupee depreciated 17 paise against the U.S. dollar and settled at 83.60 (provisional) on June 26, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. “However, a firm trend in domestic…
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At the interbank foreign exchange market, the local unit opened strong at 83.39 and moved in the range of 83.34 and 83.48 against the greenback during the session. | Photo Credit: The Hindu The Rupee paired its initial gains and settled one paisa lower at 83.44 (provisional) against the U.S. dollar on June 19 in…
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On May 30, Rupee gained 11 paise to close at 83.29 against the U.S. dollar. | Photo Credit: The Hindu The Rupee paired all its early gains and settled with a steep loss of 20 paise at 83.49 (provisional) against the U.S. dollar on May 31 amid volatile domestic equity markets and unabated outflow of…
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