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FIle. | Photo Credit: AFP The rupee sustained its upward momentum for the third straight session and gained 6 paise to 82.91 against the U.S. dollar in early trade on February 21, tracking a weak American currency and positive equity market sentiment. However, selling pressure from foreign equity investors amid elevated level of crude oil…
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File. | Photo Credit: C. Venkatachalapathy The rupee declined 2 paise to close at 83.05 (provisional) against the U.S. dollar on February 6, amid a firm American currency against major currencies overseas. However, positive sentiment in the domestic equity markets and lower global crude prices supported the domestic unit, forex analysts said. Investors were cautious…
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File. | Photo Credit: C. Venkatachalapathy The rupee stayed flat at 83.03 against the US dollar in early trade on February 6 amid volatile crude oil prices in the overseas market. The Indian currency, however, found support from positive sentiment in the domestic equity markets and sustained inflow of foreign funds, Forex traders said. They…
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Image used for representative purpose only. | Photo Credit: REUTERS The rupee settled flat at 83.25 (provisional) against the U.S. dollar on Monday, as sustained foreign fund outflows and the strength of the American currency in the overseas market weighed on investor sentiments. Forex traders said the Indian rupee traded on a flat note with…
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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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