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File. | Photo Credit: K. Pichumani The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 83.30 against the U.S. dollar on April 24, as the support from positive domestic equities was negated by rising American currency. Forex traders said elevated crude oil prices and significant foreign fund…
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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…
Read More “Rupee ends higher on foreign, state-run banks’ dollar sales; rises on week” »
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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File. | Photo Credit: C. Venkatachalapathy The rupee depreciated 29 paise to settle at an all-time low of 83.11 (provisional) against the U.S. dollar on August 14, weighed down by a strong greenback overseas and firm crude oil prices in the international markets. Foreign fund outflows also weighed on the local unit, analysts said. At…
Read More “Rupee falls 29 paise to close at all-time low of 83.11 against U.S. dollar” »
