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On February 8, the Rupee settled on a flat note at 82.96 against the U.S. dollar, after the Reserve Bank of India decided to keep the key policy rate unchanged. | Photo Credit: The Hindu The Rupee depreciated by seven paise to 83.03 (provisional) against the U.S. dollar on February 9, tracking a strong American…
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Rupee hit an intraday high of 82.94 and a low of 83.09. | Photo Credit: The Hindu The Rupee appreciated nine paise to close at 82.96 (provisional) against the U.S. dollar on February 7, tracking a correction in the greenback against major currencies and fresh foreign capital inflows. “However, a rise in crude oil prices…
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The Rupee depreciated eight paise to settle at 83.06 (provisional) against the U.S. dollar on February 5, as strengthening American currency overseas and negative sentiment in the domestic equity markets weighed on the local unit. “However, the downward trend in the global crude oil prices supported the domestic unit and restricted its decline,” forex traders…
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The Rupee settled flat at 82.98 against the dollar on February 2, a day after rising six paise on the day of the Union Interim Budget. | Photo Credit: The Hindu The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising…
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Representational image only. | Photo Credit: The Hindu The Rupee was trading in a narrow range and appreciated three paise to 83.25 against the U.S. dollar in early trade on October 19, amid a negative trend in domestic equities. Forex traders said the Rupee is trading in a narrow range as sustained foreign fund outflows…
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Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…
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Image for representation | Photo Credit: V. Sudershan The rupee depreciated 17 paise to 83.23 against the US dollar in early trade on Tuesday, as a strong dollar and sustained foreign fund outflows weighed on investor sentiments. Forex traders said a weak trend in domestic equities also dented investor sentiments. At the interbank foreign exchange,…
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Representational image | Photo Credit: C. Venkatachalapathy The rupee rose 5 paise to 83.23 against the U.S. dollar in early trade on Wednesday, recovering from its steep loss in the past two sessions amid a massive selling by foreign equity investors and a strengthening American currency. Weak sentiment in the global equity markets and surging…
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Representational image | Photo Credit: PTI The rupee depreciated 15 paise to 82.77 against the U.S. dollar in early trade on Monday as firm crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.71, then touched 82.77, registering a decline of 15 paise over its last close….
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Image for representation | Photo Credit: SUDERSHAN V The rupee depreciated by 16 paise to settle at 82.79 (provisional) against the U.S. dollar on Thursday, tracking a firm American currency and rising crude oil prices. Forex traders said that negative sentiment in the equity market and outflow of foreign funds also weighed on the domestic…
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