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Rupee hit an intra-day high of 83.04 and a low of 83.16. File | Photo Credit: The Hindu The Rupee appreciated six paise to close at 83.13 (provisional) against the U.S. dollar on March 21, supported by a firm trend in domestic equities and a weak greenback amid rising appetite for riskier assets. At the…
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On March 18, the Rupee dropped four paise to settle at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated 12 paise to 83.02 (provisional) against the U.S. dollar on March 18, weighed down by a heavy sell-off in domestic equities and persistent foreign capital outflows. “Besides, a surging greenback against…
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On March 15, the Rupee had settled at 82.86. “The Rupee declined by four paise to settle at 82.90 (provisional) against the U.S. currency on March 18 on firm crude oil prices. Gains in domestic stock markets and foreign fund inflows capped the Rupee’s losses,” analysts said. The local unit opened firm at 82.84 to…
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At the interbank foreign exchange market, the local unit opened at 82.82 and witnessed an intra-day low of 82.91 and a high of 82.82 against the greenback during the trading session. | Photo Credit: The Hindu The Rupee declined by five paise to settle at 82.85 (provisional) against the U.S. dollar on March 13, tracking…
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On March 12, the Rupee consolidated in a narrow range and settled for the day five paise lower at 82.80 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 82.85 against the U.S. dollar in early trade on March 13, as the strength of the American currency in the…
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On March 5, the Rupee settled flat at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee appreciated seven paise to settle at 82.83 (provisional) against the U.S. dollar on March 6, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities. However, surging crude oil…
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“The Indian currency remained under pressure due to volatile crude oil prices and persistent foreign fund outflows,” according to forex traders. | Photo Credit: The Hindu The Rupee settled one paisa higher at 82.89 (provisional) against the U.S. dollar on March 5 amid a strong greenback against major rivals overseas and a negative trend in…
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At the interbank foreign exchange, the local currency opened at 82.86 and gained slightly to 82.85 against the greenback, registering an increase of four paise from its previous close. | Photo Credit: The Hindu The Rupee appreciated four paise to 82.85 against the U.S. dollar in early trade on March 1 on the back of…
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Representational image. | Photo Credit: The Hindu The Rupee gained two paise to settle at 82.89 (provisional) against the U.S. dollar in a range-bound trade on February 26, tracking volatility in the equity market. Forex traders said inflow of foreign funds and softer crude oil prices provided support to the Indian currency. “Also, the dollar…
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Representational image. | Photo Credit: The Hindu The Rupee traded on a flat note at 82.85 against the U.S. dollar in early trade on February 23 amid outflow of foreign funds and volatile crude oil prices in the overseas market. Positive equity market sentiment and a weak American currency, however, provided support to the domestic…
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