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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…
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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…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to 83.50 against the U.S. dollar in early trade on June 10, largely due to the rise in the dollar index and US yields. Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as…
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Image used for representational purpose. | Photo Credit: Reuters The rupee recovered from the lower level and appreciated 7 paise to 83.44 against the U.S. dollar in early trade on June 5, taking cues from domestic equity markets and lower crude oil prices overseas. Forex traders said the rush for value-buying triggered an uptrend in…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee surged 38 paise to hit its three-month high level of 83.04 against the U.S. dollar in early trade on June 2 boosted by a robust sentiment in domestic equity markets on the back of strong macroeconomic data and exit poll results showing a…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated by 3 paise to 83.10 against the U.S. dollar on May 28, tracking a positive trend in domestic equities and weakness of the American currency in the overseas market. Forex traders rupee is likely to trade with a positive bias tracking a positive…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated by 12 paise to 83.17 against the U.S. dollar on May 24, tracking a bullish trend in domestic equities, wherein benchmark indices scaled new peaks. Forex traders attributed the rally to ₹2.11 lakh crore record dividend by the RBI to the government for…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 3 paise to 83.42 against the U.S. dollar in early trade on May 6, supported by a firm trend in domestic equities. Forex traders said the strength of the American currency in the overseas market and foreign fund outflows weighed on the local…
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 3 paise to 83.48 against the U.S. dollar in early trade on April 30 amid a strong American currency against major Asian rivals and an upward movement in the crude oil prices. However, positive sentiment in the domestic equity markets and some inflow…
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 5 paise to 83.43 against the U.S. dollar in early trade on April 29 amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets. However, positive sentiment in the domestic equity markets and retreating crude oil prices in…
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