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Image used for representational purpose. | Photo Credit: Reuters The rupee rebounded from its all-time low levels and appreciated 12 paise to 83.49 against the U.S. dollar in early trade on April 18, supported by a firm trend in domestic equities and tracking gains in Asian currencies. Forex traders said the local unit gained ground…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee declined 20 paise to 83.33 against the U.S. dollar on March 22 due to a stronger greenback in the global markets and dollar buying by importers. At the interbank foreign exchange market, the local unit opened lower at 83.28 against the previous close…
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Image used for representational purpose. | Photo Credit: Reuters The rupee rebounded 14 paise to 83.05 against the U.S. currency in early trade on Thursday as the dollar retreated from high levels in global markets after the U.S. Federal Reserve indicated three rate cuts this year. At the interbank foreign exchange market, the rupee opened…
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Image used for representational purpose only. | Photo Credit: Special Arrangement The rupee appreciated by 2 paise to trade at 82.84 against the U.S. dollar in the opening session on March 18 following foreign fund inflows. An uptick in crude oil prices and listless trade in domestic stocks capped rupee gains in opening trade, forex…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day 3 paise lower at 82.78 (provisional) against the U.S. dollar on Tuesday, as market participants remained on the sidelines ahead of the release of key macroeconomic data. Forex traders said the Indian rupee…
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Image used for representational purpose. | Photo Credit: Reuters The rupee declined 2 paise to 82.92 against the U.S. dollar in early trade on March 5, tracking a stronger American currency against major overseas rivals and outflow of foreign funds from domestic capital markets. Though a downward trend in the crude oil prices cushioned the…
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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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Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 9 paise to 83.19 against the U.S. dollar in early trade on November 2, tracking its Asian peers as risk-on sentiments prevailed in the market as the U.S. Fed was a bit dovish in its policy meeting. A weak U.S. dollar…
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The rupee inched up 1 paisa against the US dollar in early trade on Tuesday, October 31, 2023, as the support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas. Forex traders said the dollar strengthened on safe-haven demand. However, a positive trend in domestic equities supported…
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Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…
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