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Tag: foreign exchange reserves

Rupee falls five paise to settle at 82.85 against U.S. dollar

Posted on March 13, 2024 By admin
Rupee falls five paise to settle at 82.85 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 82.82 and witnessed an intra-day low of 82.91 and a high of 82.82 against the greenback during the trading session. | Photo Credit: The Hindu The Rupee declined by five paise to settle at 82.85 (provisional) against the U.S. dollar on March 13, tracking…

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Rupee falls five paise to 82.85 against U.S. dollar in early trade

Posted on March 13, 2024 By admin
Rupee falls five paise to 82.85 against U.S. dollar in early trade

On March 12, the Rupee consolidated in a narrow range and settled for the day five paise lower at 82.80 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 82.85 against the U.S. dollar in early trade on March 13, as the strength of the American currency in the…

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Rupee rises seven paise to settle at 82.83 against U.S. dollar

Posted on March 6, 2024 By admin
Rupee rises seven paise to settle at 82.83 against U.S. dollar

On March 5, the Rupee settled flat at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee appreciated seven paise to settle at 82.83 (provisional) against the U.S. dollar on March 6, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities. However, surging crude oil…

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Business

Rupee gains one paisa to settle at 82.89 against U.S. dollar

Posted on March 5, 2024 By admin
Rupee gains one paisa to settle at 82.89 against U.S. dollar

“The Indian currency remained under pressure due to volatile crude oil prices and persistent foreign fund outflows,” according to forex traders. | Photo Credit: The Hindu The Rupee settled one paisa higher at 82.89 (provisional) against the U.S. dollar on March 5 amid a strong greenback against major rivals overseas and a negative trend in…

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Business

Rupee rises four paise to 82.85 against U.S. dollar in early trade

Posted on March 1, 2024 By admin
Rupee rises four paise to 82.85 against U.S. dollar in early trade

At the interbank foreign exchange, the local currency opened at 82.86 and gained slightly to 82.85 against the greenback, registering an increase of four paise from its previous close.  | Photo Credit: The Hindu The Rupee appreciated four paise to 82.85 against the U.S. dollar in early trade on March 1 on the back of…

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Business

Rupee settles two paise higher at 82.89 against U.S. dollar

Posted on February 26, 2024 By admin
Rupee settles two paise higher at 82.89 against U.S. dollar

Representational image. | Photo Credit: The Hindu The Rupee gained two paise to settle at 82.89 (provisional) against the U.S. dollar in a range-bound trade on February 26, tracking volatility in the equity market. Forex traders said inflow of foreign funds and softer crude oil prices provided support to the Indian currency. “Also, the dollar…

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Business

Rupee falls eight paise to close at 82.93 against U.S. dollar

Posted on February 23, 2024 By admin
Rupee falls eight paise to close at 82.93 against U.S. dollar

Representational image. | Photo Credit: The Hindu The Rupee consolidated in a narrow range and depreciated by eight paise to close at 82.93 (provisional) against the U.S. dollar on February 23, tracking a strong American currency and muted trend in domestic equities. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on…

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Business

Rupee turns flat against U.S. dollar in early trade

Posted on February 23, 2024 By admin
Rupee turns flat against U.S. dollar in early trade

Representational image. | Photo Credit: The Hindu The Rupee traded on a flat note at 82.85 against the U.S. dollar in early trade on February 23 amid outflow of foreign funds and volatile crude oil prices in the overseas market. Positive equity market sentiment and a weak American currency, however, provided support to the domestic…

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Business

Rupee rises six paise to settle at 82.95 against U.S. dollar

Posted on February 20, 2024 By admin
Rupee rises six paise to settle at 82.95 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 83.02 and touched the intraday high of 82.91 against the greenback. | Photo Credit: The Hindu The Rupee appreciated six paise to settle at 82.95 (provisional) against the U.S. dollar on February 20, amid robust equity market sentiment and a weak American currency. Forex…

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Business

Rupee rises five paise to close at 83.03 against U.S. dollar

Posted on February 14, 2024 By admin
Rupee rises five paise to close at 83.03 against U.S. dollar

At the interbank foreign exchange, Rupee unit opened at 83.11 against the greenback. | Photo Credit: The Hindu The Rupee appreciated five paise to close at 83.03 (provisional) against the U.S. dollar on February 14, tracking positive domestic equities. Forex traders said strength of the American currency in the overseas market and elevated crude oil…

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