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Tag: Forex traders

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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Rupee rises eight paise to 82.99 against U.S. dollar in early trade

Posted on February 12, 2024 By admin
Rupee rises eight paise to 82.99 against U.S. dollar in early trade

On February 9, the domestic currency settled at 83.07 against the dollar.  | Photo Credit: The Hindu The Rupee appreciated eight paise to 82.99 against the U.S. dollar in early trade on February 12, amid weakness of the American currency in the overseas market. At the interbank foreign exchange, the domestic currency opened at 83.01,…

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Business

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

Posted on February 9, 2024 By admin
Rupee falls seven paise to close at 83.03 against U.S. dollar

On February 8, the Rupee settled on a flat note at 82.96 against the U.S. dollar, after the Reserve Bank of India decided to keep the key policy rate unchanged. | Photo Credit: The Hindu The Rupee depreciated by seven paise to 83.03 (provisional) against the U.S. dollar on February 9, tracking a strong American…

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Rupee rises nine paise to close at 82.96 against U.S. dollar

Posted on February 7, 2024 By admin
Rupee rises nine paise to close at 82.96 against U.S. dollar

Rupee hit an intraday high of 82.94 and a low of 83.09. | Photo Credit: The Hindu The Rupee appreciated nine paise to close at 82.96 (provisional) against the U.S. dollar on February 7, tracking a correction in the greenback against major currencies and fresh foreign capital inflows. “However, a rise in crude oil prices…

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Business

Rupee falls eight paise to settle at 83.06 against U.S. dollar

Posted on February 5, 2024 By admin
Rupee falls eight paise to settle at 83.06 against U.S. dollar

The Rupee depreciated eight paise to settle at 83.06 (provisional) against the U.S. dollar on February 5, as strengthening American currency overseas and negative sentiment in the domestic equity markets weighed on the local unit. “However, the downward trend in the global crude oil prices supported the domestic unit and restricted its decline,” forex traders…

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Business

Rupee falls four paise to 83.02 against U.S. dollar in early trade

Posted on February 5, 2024 By admin
Rupee falls four paise to 83.02 against U.S. dollar in early trade

The Rupee settled flat at 82.98 against the dollar on February 2, a day after rising six paise on the day of the Union Interim Budget. | Photo Credit: The Hindu The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising…

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Business

Rupee trades in narrow range against U.S. dollar in early trade

Posted on October 9, 2023 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…

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