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Rep. image | Photo Credit: The Hindu The rupee fell 7 paise to trade at 84.47 against the US dollar in early trade on Thursday (November 28, 2024) weighed down by a muted trend in domestic equities and strength of the American currency in the overseas markets. Forex traders said the latest Federal Open Market…
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An employee counts U.S. dollar bills at a foreign exchange counter inside a bank in New Delhi. File photo | Photo Credit: REUTERS The rupee fell sharply by 15 paise against the US dollar to 83.44 in early trade on Wednesday (November 27, 2024) amid muted trends in the domestic equity markets. However, a decline…
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Rupee opened on a flat note and rose just 3 paise from its all-time low level to 84.47 against the US dollar in morning trade on Friday (November 22 2024), as the support of positive domestic equities was negated by geopolitical pressures and unabated foreign portfolio outflows. The US dollar strengthened in the overseas market…
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A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in Mumbai. File photo | Photo Credit: REUTERS Rupee depreciated 11 paise to 83.93 against the US dollar in early trade on Thursday (October 3, 2024) due to rising crude oil prices and negative sentiment in…
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At the interbank foreign exchange market, the Indian currency traded 9 paise higher than its previous closing level. | Photo Credit: REUTERS The rupee sustained its gaining streak for the third straight session and rose 9 paise to 83.56 against the US dollar in early trade on Friday (September 20, 2024) buoyed by a firm…
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Rupee notes displayed at a roadside currency exchange stall in New Delhi. File photo | Photo Credit: REUTERS The rupee witnessed range-bound trading in initial deals against the US dollar on Monday (August 12, 2024), as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. Forex traders said for…
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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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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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 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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