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The rupee on April 04 recovered 9 paise to close at 83.44 (provisional) against the U.S. dollar, tracking a firm trend in domestic markets and upbeat macroeconomic data. A weak U.S. dollar against major crosses overseas also supported the domestic unit. However, elevated crude oil prices and sustained foreign fund outflows capped the sharp gain,…
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Image for representation only | Photo Credit: C. Venkatachalapathy The rupee appreciated 3 paise to 82.99 against the U.S. dollar in early trade on Thursday, amid a positive trend in domestic equities. Forex traders said rupee is trading in a narrow range as strong American currency and elevated crude oil prices weighed on the local…
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Representational image of a man counting money | Photo Credit: Reuters The rupee depreciated 4 paise to 83.12 against the U.S. dollar in early trade on Wednesday, tracking a negative trend in domestic equities. Forex traders said the strength of the American currency and elevated crude oil prices in the international market dented investors’ sentiments….
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The rupee pared initial gains to settle 2 paise lower at 83.03 (provisional) against the U.S. dollar on Thursday, weighed down by a surge in crude oil prices and strong American currency overseas. However, a positive trend in domestic markets cushioned the downside for the local unit, forex traders said. At the interbank foreign exchange…
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The rupee rates in the last six days. | Photo Credit: PTI The rupee snapped a four-day losing streak to close 24 paise higher at 82.99 (provisional) against the U.S. dollar on Friday, helped by a firm trend in domestic equities and suspected intervention by the RBI. Besides, the local unit appreciated after the Reserve…
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