Tag: indian rupee

Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

Posted on By admin
Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

Photo used for representation purpose only. | Photo Credit: Reuters The rupee fell 1 paisa to a new lifetime low of 84.39 (provisional) against the U.S. dollar on Tuesday (November 12, 2024) as persistent foreign fund outflows and a strengthening greenback against major crosses overseas dented investor sentiments. Forex traders said the rupee is likely…

Read More “Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar” »

Business

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

Posted on By admin
Rupee trades in narrow range against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range. In initial trade it touched 84.05, registering a rise of 5 paisa over its previous close. File | Photo Credit: Reuters The rupee rebounded from its all-time low levels and appreciated 5 paise to 84.05 against…

Read More “Rupee trades in narrow range against U.S. dollar in early trade” »

Business

Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar

Posted on By admin
Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar

The rupee fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the US dollar, tracking a weak domestic equity market and continued FII outflows. | Photo Credit: Reuters The rupee on Friday (October 11, 2024) fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the US dollar, tracking a weak domestic…

Read More “Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar” »

Business

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Posted on By admin
Sensex, Nifty hit fresh record closing high levels on rate cut hopes

File picture of Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited U.S. Fed’s decision on interest rates. Extending…

Read More “Sensex, Nifty hit fresh record closing high levels on rate cut hopes” »

Business

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

Posted on By admin
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…

Read More “Rupee rises 2 paise to 83.96 against U.S. dollar” »

Business

Rupee falls 12 paise to 83.56 against U.S. dollar in early trade

Posted on By admin
Rupee falls 12 paise to 83.56 against U.S. dollar in early trade

Photo used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on July 2, weighed down by the strengthening of the American currency in the overseas markets and elevated crude oil prices. Forex traders said oil importers and foreign portfolio investors (FPIs)…

Read More “Rupee falls 12 paise to 83.56 against U.S. dollar in early trade” »

Business

Rupee recovers 3 paise to 83.58 against U.S. dollar in early trade

Posted on By admin
Rupee recovers 3 paise to 83.58 against U.S. dollar in early trade

Image used for representational purposes only. | Photo Credit: Reuters The rupee recovered from previous day’s steep fall and traded 3 paise higher at 83.58 against the U.S. dollar in early trade on Friday on the back of sustained inflow of foreign capital and strong domestic equity market sentiment. Forex traders said the local unit…

Read More “Rupee recovers 3 paise to 83.58 against U.S. dollar in early trade” »

Business

Rupee falls 10 paise to 83.50 against U.S. dollar in early trade

Posted on By admin
Rupee falls 10 paise to 83.50 against U.S. dollar in early trade

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…

Read More “Rupee falls 10 paise to 83.50 against U.S. dollar in early trade” »

Business

Rupee gains 7 paise to 83.44 against U.S. dollar in early trade

Posted on By admin
Rupee gains 7 paise to 83.44 against U.S. dollar in early trade

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…

Read More “Rupee gains 7 paise to 83.44 against U.S. dollar in early trade” »

Business

Rupee plunges 45 paise to close at 83.59 against US dollar

Posted on By admin
Rupee plunges 45 paise to close at 83.59 against US dollar

Image for representational purposes | Photo Credit: Getty Images/iStockphoto The rupee tumbled 45 paise to close at 83.59 (provisional) against the US dollar on Tuesday as the ruling BJP is unlikely to muster an absolute majority in the Lok Sabha elections. Besides, a massive sell-off in domestic equities and a strong greenback against major currencies…

Read More “Rupee plunges 45 paise to close at 83.59 against US dollar” »

Business