Tag: dollar vs INR

Rupee finally settled at a record low of 83.48 (provisional), registering a fall of 35 paise from the previous close of 83.13. | Photo Credit: The Hindu The Rupee depreciated 35 paise to settle at an all-time low of 83.48 against the American currency on March 22, tracking a surging greenback against major crosses in…

Read More “Rupee falls 35 paise to hit all-time low of 83.48 against U.S. dollar” »

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…

Read More “Rupee rises six paise to close at 83.13 against U.S. dollar” »

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…

Read More “Rupee declines 12 paise to close at 83.02 against U.S. dollar” »

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…

Read More “Rupee falls four paise to settle at 82.90 against dollar on firm crude oil prices” »

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…

Read More “Rupee falls five paise to settle at 82.85 against U.S. dollar” »

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…

Read More “Rupee falls five paise to 82.85 against U.S. dollar in early trade” »

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…

Read More “Rupee rises seven paise to settle at 82.83 against U.S. dollar” »

“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…

Read More “Rupee gains one paisa to settle at 82.89 against U.S. dollar” »

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…

Read More “Rupee rises four paise to 82.85 against U.S. dollar in early trade” »