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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. | 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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At the interbank foreign exchange, the rupee opened at 83.23 and traded in a narrow range of 83.18 to 83.24 against the U.S. dollar. It finally settled at 83.22 (provisional). File | Photo Credit: The Hindu The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at…
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Image used for representational purpose only. The rupee appreciated 9 paise to close at 82.94 (provisional) against the U.S. dollar on Tuesday (September 12) amid fresh foreign fund inflows and expectations of better macroeconomic data. Forex traders said the Indian rupee appreciated on Tuesday as domestic markets hit fresh record highs after Nifty breached the…
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On the domestic equity market front, the BSE Sensex closed higher by 11.43 points or 0.02% at 65,087.25 points. Image for representation purpose only. File | Photo Credit: Reuters The rupee recovered 6 paise to settle at 82.74 (provisional) against the U.S. currency on Wednesday following weakness in the U.S. dollar in global markets. FII…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee reversed its three-day rally and depreciated by 13 paise to settle at 82.69 (provisional) against the U.S. dollar on Friday (August 25), tracking strong American currency and negative equity markets. Rising crude oil prices also weighed on the domestic unit even as foreign…
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Forex traders said the rupee is likely to trade with a negative bias on risk aversion in global markets and a rising U.S. dollar. Image for representation purpose only. File | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 5 paise to 83.05 against the U.S. dollar in early…
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