Tag: indian currency

Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade

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Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday (February 10, 2025) weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders…

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Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar

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Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the U.S. dollar on Wednesday (January 8, 2025) amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity…

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Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

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Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the U.S. dollar on Tuesday (December 17, 2024), weighed down by disappointing trade balance data and weak domestic markets. Forex traders said the rupee is…

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

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

Image used for representational purpose. | Photo Credit: Reuters Rupee opened on a flat note and rose just 4 paise from its all-time low level to 84.71 against the U.S. dollar in morning trade on Thursday (December 5, 2024), as the support from positive domestic equities was negated by the broad strength of the American…

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Rupee turns flat at 84.42 against U.S. dollar in early trade

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Rupee turns flat at 84.42 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee turned flat at 84.42 against the U.S. dollar in early trade on Thursday (November 21, 2024) amid volatile crude oil prices and lackluster sentiment in the domestic equity markets. A weaker American currency supported the local unit, but it was weighed down by the…

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Rupee falls 4 paise to close at 84.09 against U.S. dollar

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Rupee falls 4 paise to close at 84.09 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters Rupee depreciated 4 paise to close at 84.09 (provisional) against U.S. dollar on Wednesday (October 30, 2024), weighed down by weak domestic markets and month-end dollar demand from importers. Forex traders said suspected intervention by the Reserve Bank of India (RBI) supported the local currency at…

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Rupee rises 2 paise to 83.64 against US dollar

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Rupee rises 2 paise to 83.64 against US dollar

Representational image. | Photo Credit: RUPAK DE CHOWDHURI Rupee rises 2 paise to 83.64 against the US dollar in early trade on Friday (September 27, 2024) amid softening crude oil prices and inflow of foreign funds. The Indian currency was, however, weighed down by a subdued domestic equity market and a stronger greenback against major…

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Rupee gains 2 paise to 83.84 against U.S. dollar in early trade

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Rupee gains 2 paise to 83.84 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 2 paise to 83.84 against the U.S. dollar in early trade on Tuesday (September 17, 2024), helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. However, a sluggish trend in the domestic equities and fresh…

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Rupee rises 2 paise to 83.96 against U.S. dollar

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Rupee rises 2 paise to 83.96 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee rose 2 paise to 83.96 against the U.S. dollar in early trade on Wednesday (September 4, 2024) aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. The dollar index, which gauges the greenback’s strength against a basket…

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