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File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities. Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas…
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File image. | Photo Credit: C. Venkatachalapathy The rupee declined 3 paise to 83.15 against the U.S. dollar in a restricted trade on October 23 due to a stronger greenback in overseas markets and foreign fund outflows. A correction in crude oil prices and firm domestic stock markets in opening trade capped the losses of…
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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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File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.24 (provisional) against the U.S. dollar on October 17 amid a positive trend in domestic equities. Forex traders said the rupee is trading with a slight positive bias on positive domestic markets. However, a…
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File. | Photo Credit: C. Venkatachalapathy Staging an impressive rebound from its lifetime low levels, the rupee surged by 24 paise to end at 83.08 (provisional) against the U.S. dollar on September 20, aided by losses in global crude prices and a weak dollar ahead of the US Federal Reserve’s policy decision. Besides, possible intervention…
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File. | Photo Credit: C. Venkatachalapathy The rupee depreciated for the fourth straight day to settle 13 paise lower at its lifetime low of 83.29 (provisional) against the US dollar on Monday, mainly due to risk aversion in global markets and rising crude oil prices. Besides, a strong American currency against key rivals overseas and…
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File. | Photo Credit: C. Venkatachalapathy The rupee witnessed range-bound trading against the U.S. dollar in early trade on September 18, weighed down by a negative trend in domestic equities, elevated crude oil prices and strong American currency. At the interbank foreign exchange, the rupee opened at 83.09 against the dollar, registering a rise of…
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The rupee plunged by 35 paise to close at 83.06 (provisional) against the U.S. dollar on Tuesday, amid a strong American currency and higher crude oil prices. Foreign fund outflows from the domestic equity markets also weakened the local currency. At the interbank foreign exchange market, the local unit opened at 82.78 against the U.S….
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File. | Photo Credit: Reuters The rupee depreciated by 11 paise to close at 82.73 (provisional) against the U.S. dollar on September 4, weighed down by a surge in crude oil prices and strength of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 82.71 against…
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The rupee rate in the last week. | Photo Credit: PTI The rupee ended on a flat note at 82.70 (provisional) against the U.S. dollar on Friday as surging crude oil prices dented the investor sentiment. The domestic currency, however, found support from positive sentiment in equity markets on the back of robust macroeconomic data….
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