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The Indian rupee appreciated by 8 paise to close at 83.87 (provisional) against the U.S. dollar on Monday (August 19, 2024), supported by a weak US dollar and a decline in crude oil prices. Forex traders said fresh foreign fund inflows boosted investor sentiments. At the interbank foreign exchange, the rupee opened at 83.88 against…
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A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall. | Photo Credit: Reuters The Indian rupee witnessed range-bound trading and settled for the day on a flat note at 83.97 (provisional) against the U.S. dollar on Tuesday (August 13, 2024), as weak domestic markets and a surge in crude oil…
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On Monday, the rupee slumped 37 paise to settle at an all-time low of 84.09 against the U.S. dollar | Photo Credit: Reuters The rupee recovered from its all-time low level and opened 25 paise higher at 83.84 against the U.S. dollar in morning trade on August 6, mirroring the rebound in the domestic equity…
File. | Photo Credit: Reuters The rupee was trading in a narrow range and fell 1 paisa to 83.70 against the U.S. dollar in early trade on July 24, weighed down by a weak risk appetite and dollar demand from importers. Forex traders said the increase in capital gains tax and removal of indexation benefits…
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File. | Photo Credit: Reuters The rupee depreciated 4 paise to 83.55 against the U.S. dollar in early trade on July 15, tracking the strength of the American currency in the overseas market and elevated crude oil prices. Forex traders said a positive trend in domestic equities and significant foreign fund inflows supported the rupee…
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The rupee had edged up 1 paisa to close at 83.49 against the U.S. dollar on Tuesday ahead of the key testimony of US Federal Reserve Chair Jerome Powell in front of Congress. File. | Photo Credit: Reuters The rupee traded flat at 83.49 against the U.S. currency in the early session on July 10…
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On Wednesday, the domestic currency settled 7 paise higher at 83.44 against the dollar. File. | Photo Credit: Reuters The rupee inched up 1 paisa to 83.43 against the U.S. dollar in early trade on June 6 on the back of a weak American currency and positive domestic equity markets. Forex traders said an upward…
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File. | Photo Credit: Reuters The rupee pared initial gains and settled for the day 5 paise lower at 83.18 (provisional) against the U.S. dollar on May 28, amid a negative trend in domestic equities and on dollar demand from importer at lower levels. Forex traders said the rupee consolidated in a narrow range as…
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File | Photo Credit: C. Venkatachalapathy The rupee opened on a flat note against the U.S. dollar in early trade on May 14, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. Forex traders said the rupee remains under pressure due to ongoing elections as well…
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File. | Photo Credit: K. Pichumani The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 83.30 against the U.S. dollar on April 24, as the support from positive domestic equities was negated by rising American currency. Forex traders said elevated crude oil prices and significant foreign fund…
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