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Tag: forex markets

Rupee falls 1 paisa to record low of 85.92 against U.S. dollar in early trade

Posted on January 9, 2025 By admin
Rupee falls 1 paisa to record low of 85.92 against U.S. dollar in early trade

Photo used for representation purpose only. | Photo Credit: Reuters The rupee slipped 1 paisa to its record low of 85.92 against the U.S. dollar in early trade on Thursday (January 9, 2025), the third straight session of downfall, weighed down by a stronger American currency and higher crude oil prices. Forex traders said the…

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Business

Rupee falls 4 paise to close at new record low of 85.83 against U.S. dollar

Posted on January 6, 2025 By admin
Rupee falls 4 paise to close at new record low of 85.83 against U.S. dollar

Photo used for illustration purpose only. | Photo Credit: Reuters The rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the U.S. dollar on Monday (January 6, 2025), amid a steep fall in domestic equity markets and unabated outflow of foreign capital. Forex traders said the surging U.S. bond…

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Business

Rupee turns flat at 85.79 against U.S. dollar in early trade

Posted on January 6, 2025 By admin
Rupee turns flat at 85.79 against U.S. dollar in early trade

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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Business

Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar

Posted on October 11, 2024 By admin
Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar

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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Business

Rupee snaps 6-day gaining streak; slips 1 paisa to 83.53 against U.S. dollar

Posted on September 23, 2024 By admin
Rupee snaps 6-day gaining streak; slips 1 paisa to 83.53 against U.S. dollar

The rupee pared its early gains to close lower by 1 paisa at 83.53 (provisional) against the US currency on Monday (September 23, 2024), snapping its six-day gaining streak due to a strengthening dollar in overseas markets and an uptick in crude oil prices. | Photo Credit: Reuters The rupee pared its early gains to…

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Business

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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