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Photo used for representation purpose only. | Photo Credit: Reuters The rupee turned flat at 85.79 against the US dollar in early trade on Monday (January 6, 2025) as positive domestic equity markets failed to boost sentiment amid sustained outflow of foreign capital and elevated level of American currency index. According to forex traders, the…
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Image used for representational purpose. | Photo Credit: Reuters Rupee opened on a flat note and rose just 4 paise from its all-time low level to 84.71 against the U.S. dollar in morning trade on Thursday (December 5, 2024), as the support from positive domestic equities was negated by the broad strength of the American…
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At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range. In initial trade it touched 84.05, registering a rise of 5 paisa over its previous close. File | Photo Credit: Reuters The rupee rebounded from its all-time low levels and appreciated 5 paise to 84.05 against…
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The rupee fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the US dollar, tracking a weak domestic equity market and continued FII outflows. | Photo Credit: Reuters The rupee on Friday (October 11, 2024) fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the US dollar, tracking a weak domestic…
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Image used for representational purpose. | Photo Credit: Reuters The rupee pared its initial gains and settled on a flat note at 83.99 against the U.S. dollar on Monday (October 7, 2024) on selling pressure from foreign funds and weak tone in the domestic markets. Forex traders said elevated crude oil prices and escalating tensions…
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Forex traders said rupee trade was range-bound as the Reserve Bank of India (RBI) is maintaining a firm grip on the domestic currency. | Photo Credit: The Hindu The rupee witnessed range-bound trade and settled for the day higher by 6 paise at 83.90 (provisional) against the US dollar on Friday (September 13, 2024) supported…
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Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range to settle 4 paise higher at 83.95 (provisional) against the U.S. dollar on Thursday (September 12, 2024) amid a positive trend in domestic equities and foreign fund inflows. Forex traders said the rupee trade was range-bound, with a slight…
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Forex traders said the crude oil level of $69 per barrel will act as a support for the domestic unit as India, the world’s third-largest oil importer, stands to benefit from cheaper oil. | Photo Credit: The Hindu The rupee traded in a narrow range on Wednesday (September 11, 2024) and appreciated 2 paise to…
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Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range on Tuesday (September 10, 2024) and depreciated 2 paise to close at 83.97 (provisional) against the American currency, weighed down by the strengthening of the American currency in the overseas market. Forex traders said the U.S. dollar recovered amid…
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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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