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Tag: Forex traders

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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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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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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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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