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Tag: foreign exchange

Rupee falls 5 paise to close at 83.50 against U.S. dollar

Posted on May 6, 2024 By admin
Rupee falls 5 paise to close at 83.50 against U.S. dollar

Image used for representational purpose only.  | Photo Credit: Reuters The rupee pared its initial gains and settled for the day 5 paise lower at 83.50 (provisional) against the U.S. dollar on Monday, weighed down by elevated crude oil prices. Forex traders said a weak trend in domestic equities also dented investor sentiments. At the…

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Business

Rupee rises 3 paise to end at 83.43 against U.S. dollar

Posted on May 3, 2024 By admin
Rupee rises 3 paise to end at 83.43 against U.S. dollar

Image used for representative purpose only. | Photo Credit: REUTERS The rupee appreciated 3 paise to settle at 83.43 (provisional) against the U.S. dollar on Friday, tracking a weak American currency and retreating crude oil prices. Forex traders said a massive selling in the domestic equity market and outflow of foreign funds capped the gains…

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Business

Rupee rises 4 paise to 83.01 against US dollar in early trade

Posted on February 16, 2024 By admin
Rupee rises 4 paise to 83.01 against US dollar in early trade

Image used for representative purpose only The rupee rose 4 paise to 83.01 against the US dollar in early trade on Friday, tracking positive cues from domestic equity markets. Forex traders said a strong American currency and elevated crude oil prices, however, weighed on the local unit. At the interbank foreign exchange, the domestic currency…

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Business

Rupee falls 2 paise to close at 83.04 against U.S. dollar

Posted on February 15, 2024 By admin
Rupee falls 2 paise to close at 83.04 against U.S. dollar

The rupee consolidated in a narrow range and depreciated by 2 paise to close at 83.04 (provisional) against the U.S. dollar on Thursday, tracking a strong American currency and elevated crude oil prices in the international market. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on the rupee. However, positive domestic…

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Business

Rupee rises 5 paise to 83.11 against U.S. dollar in early trade

Posted on October 25, 2023 By admin
Rupee rises 5 paise to 83.11 against U.S. dollar in early trade

The rupee appreciated by 5 paise to 83.11 against the U.S. dollar in early trade. File | Photo Credit: V. SUDERSHAN The rupee appreciated by 5 paise to 83.11 against the U.S. dollar in early trade on Wednesday, tracking a weak America currency and softening crude oil prices in the overseas market. Some buying by…

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Business

Rupee rises 5 paise to close at 83.23 against U.S. dollar

Posted on October 19, 2023 By admin
Rupee rises 5 paise to close at 83.23 against U.S. dollar

The rupee traded in a narrow range to settle 5 paise higher at 83.23 (provisional) against the U.S. dollar on Thursday, tracking softening crude prices in the international markets amid lingering geopolitical uncertainties. However, foreign fund outflows, a weak greenback overseas and a negative trend in domestic equities weighed on investor sentiments, forex traders said….

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Business

Rupee settles 2 paise lower at 83.26 against U.S. dollar

Posted on October 13, 2023 By admin
Rupee settles 2 paise lower at 83.26 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee fell 2 paise to settle at 83.26 (provisional) against the U.S. dollar on surging crude oil prices overseas and a downward trend in the domestic equities. Forex traders said that positive macroeconomic data failed to rev up the local currency, which has been…

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Business

Rupee falls 6 paise against U.S. dollar amid rising crude prices

Posted on October 12, 2023 By admin
Rupee falls 6 paise against U.S. dollar amid rising crude prices

The rupee paused its two days of gains and settled 6 paise lower at 83.24 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee paused its two days of gains and settled 6 paise lower at 83.24 (provisional) against the U.S. dollar on Thursday as rising crude oil prices dented the investor sentiment….

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Business

Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar

Posted on October 5, 2023 By admin
Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee pared initial gains and settled 3 paise lower at 83.27 against the U.S. dollar on October 5, following a recovery in the American currency. Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of…

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Business

Rupee falls 2 paise to close at 83.03 against U.S. dollar

Posted on September 14, 2023 By admin
Rupee falls 2 paise to close at 83.03 against U.S. dollar

The rupee pared initial gains to settle 2 paise lower at 83.03 (provisional) against the U.S. dollar on Thursday, weighed down by a surge in crude oil prices and strong American currency overseas. However, a positive trend in domestic markets cushioned the downside for the local unit, forex traders said. At the interbank foreign exchange…

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