Stay Connected. Stay Informed.
Image used for representational purpose only. | Photo Credit: Reuters The rupee pared its initial losses and settled for the day on an almost flat note at 83.50 (provisional) against the U.S. dollar on July 4, resisting pressure from elevated crude oil prices. Forex traders said a positive trend in domestic equities, wherein benchmark indices…
Read More “Rupee falls 1 paisa to close at 83.50 against U.S. dollar” »
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 8 paise to 83.37 against the U.S. dollar in early trade on June 28, supported by a positive trend in domestic equities and foreign fund inflows. Forex traders said the strength of the American currency in the overseas market and elevated crude oil…
Read More “Rupee rises 8 paise to 83.37 against U.S. dollar in early trade” »
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 representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…
Read More “Rupee settles flat at 83.25 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee declined by 20 paise to settle at 83.14 (provisional) against the U.S. dollar on September 25 due to rising crude oil prices and a strong American currency against major rivals overseas. Subdued equity markets and withdrawal of foreign funds also weighed on the…
Read More “Rupee falls 20 paise to close at 83.14 against U.S. dollar” »
