Stay Connected. Stay Informed.
On February 9, the domestic currency settled at 83.07 against the dollar. | Photo Credit: The Hindu The Rupee appreciated eight paise to 82.99 against the U.S. dollar in early trade on February 12, amid weakness of the American currency in the overseas market. At the interbank foreign exchange, the domestic currency opened at 83.01,…
Read More “Rupee rises eight paise to 82.99 against U.S. dollar in early trade” »
On February 8, the Rupee settled on a flat note at 82.96 against the U.S. dollar, after the Reserve Bank of India decided to keep the key policy rate unchanged. | Photo Credit: The Hindu The Rupee depreciated by seven paise to 83.03 (provisional) against the U.S. dollar on February 9, tracking a strong American…
Read More “Rupee falls seven paise to close at 83.03 against U.S. dollar” »
Rupee hit an intraday high of 82.94 and a low of 83.09. | Photo Credit: The Hindu The Rupee appreciated nine paise to close at 82.96 (provisional) against the U.S. dollar on February 7, tracking a correction in the greenback against major currencies and fresh foreign capital inflows. “However, a rise in crude oil prices…
Read More “Rupee rises nine paise to close at 82.96 against U.S. dollar” »
The Rupee depreciated eight paise to settle at 83.06 (provisional) against the U.S. dollar on February 5, as strengthening American currency overseas and negative sentiment in the domestic equity markets weighed on the local unit. “However, the downward trend in the global crude oil prices supported the domestic unit and restricted its decline,” forex traders…
Read More “Rupee falls eight paise to settle at 83.06 against U.S. dollar” »
The Rupee settled flat at 82.98 against the dollar on February 2, a day after rising six paise on the day of the Union Interim Budget. | Photo Credit: The Hindu The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising…
Read More “Rupee falls four paise to 83.02 against U.S. dollar in early trade” »
Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
Representational image only. | Photo Credit: The Hindu The Rupee fell 12 paise to settle at 83.15 (provisional) against the U.S. dollar on September 15, dragged down by rising crude oil prices and a strong greenback against major rivals overseas. “However, a positive trend in domestic markets restricted the downside for the local unit,” forex…
Read More “Rupee falls 12 paise to close at 83.15 against U.S. dollar” »
Representational image only. | Photo Credit: The Hindu The Rupee witnessed a range-bound trading against the U.S. dollar in early trade on September 13, as the support from positive macroeconomic data was negated by elevated crude oil prices and a firm American currency. Forex traders said domestic retail inflation data and industrial production figures were…
Read More “Rupee trades in narrow range against U.S. dollar” »