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Tag: india’s forex markets

Rupee falls 4 paise to 83.48 against US dollar in early trade

Posted on June 20, 2024 By admin
Rupee falls 4 paise to 83.48 against US dollar in early trade

The rupee fell 4 paise to 83.48 against the US dollar on Thursday, June 20, 2024, due to firm American currency and an upward trend in crude oil prices overseas. The local unit resisted the fall amid the unabated inflow of foreign capital but gave in to the pressure due to a muted trend in…

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Rupee falls 2 paise against US dollar in early trade

Posted on May 30, 2024 By admin
Rupee falls 2 paise against US dollar in early trade

A customer holds hundred rupees Indian currency notes near a currency exchange stall in New Delhi. | Photo Credit: REUTERS The rupee slipped 2 paise to 83.42 against the US dollar in early trade on Thursday, May 30, tracking the outflow of foreign capital amid volatile domestic equity markets. Forex traders said a strong American…

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Rupee opens on flat note against U.S. dollar in early trade

Posted on October 31, 2023 By admin
Rupee opens on flat note against U.S. dollar in early trade

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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Business

Rupee falls 12 paise to 82.68 against U.S. dollar in early trade

Posted on August 25, 2023 By admin
Rupee falls 12 paise to 82.68 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee snapped its three-day rally and depreciated by 12 paise to 82.68 against the U.S. dollar in early trade on August 26 amid a firm American currency and subdued equity markets. An upward movement in crude prices also weighed on the domestic currency even…

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