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Tag: foreign exchange markets

Rupee falls 12 paise to 83.56 against U.S. dollar in early trade

Posted on July 2, 2024 By admin
Rupee falls 12 paise to 83.56 against U.S. dollar in early trade

Photo used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on July 2, weighed down by the strengthening of the American currency in the overseas markets and elevated crude oil prices. Forex traders said oil importers and foreign portfolio investors (FPIs)…

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Rupee ends higher on foreign, state-run banks’ dollar sales; rises on week

Posted on April 5, 2024 By admin
Rupee ends higher on foreign, state-run banks’ dollar sales; rises on week

Photo used for representation purpose only. The rupee rose on April 5, bolstered by dollar sales from foreign and state-run banks and after the central bank kept rates unchanged for a seventh consecutive meeting. | Photo Credit: The Hindu The rupee rose on April 5, bolstered by dollar sales from foreign and state-run banks and…

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Rupee settles flat against U.S. dollar

Posted on October 9, 2023 By admin
Rupee settles flat against U.S. dollar

The rupee settled flat at 83.27 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee settled flat at 83.27 against the U.S. dollar amid a weak trend in domestic equities and surging crude oil prices in the international markets. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in the Middle…

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