Tag: forex

Rupee falls eight paise to close at 82.93 against U.S. dollar

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Rupee falls eight paise to close at 82.93 against U.S. dollar

Representational image. | Photo Credit: The Hindu The Rupee consolidated in a narrow range and depreciated by eight paise to close at 82.93 (provisional) against the U.S. dollar on February 23, tracking a strong American currency and muted trend in domestic equities. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on…

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

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

Representational image. | Photo Credit: The Hindu The Rupee traded on a flat note at 82.85 against the U.S. dollar in early trade on February 23 amid outflow of foreign funds and volatile crude oil prices in the overseas market. Positive equity market sentiment and a weak American currency, however, provided support to the domestic…

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Rupee rises 4 paise to 82.92 against U.S. dollar in early trade

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Rupee rises 4 paise to 82.92 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee stayed firm for the fourth straight session and gained 4 paise to 82.92 against the U.S. dollar in early trade on Thursday, tracking a weak American currency against major overseas rivals. Forex trader said, however, the Indian currency was under pressure due to subdued…

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Rupee rises six paise to settle at 82.95 against U.S. dollar

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Rupee rises six paise to settle at 82.95 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 83.02 and touched the intraday high of 82.91 against the greenback. | Photo Credit: The Hindu The Rupee appreciated six paise to settle at 82.95 (provisional) against the U.S. dollar on February 20, amid robust equity market sentiment and a weak American currency. Forex…

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Rupee rises five paise to close at 83.03 against U.S. dollar

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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

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

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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

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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

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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

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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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