Stay Connected. Stay Informed.
Image used for representational purpose only. | Photo Credit: Special Arrangement The rupee appreciated by 2 paise to trade at 82.84 against the U.S. dollar in the opening session on March 18 following foreign fund inflows. An uptick in crude oil prices and listless trade in domestic stocks capped rupee gains in opening trade, forex…
Read More “Rupee edges up 2 paise to 82.84 against U.S. dollar in early trade” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day 3 paise lower at 82.78 (provisional) against the U.S. dollar on Tuesday, as market participants remained on the sidelines ahead of the release of key macroeconomic data. Forex traders said the Indian rupee…
Read More “Rupee falls 3 paise to close at 82.78 against U.S. dollar” »
Forex traders said the rupee exhibited strength supported by a weak dollar and easing crude oil prices. Image for representation purposes only. File | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 11, as the support from fresh foreign fund inflows was negated by a negative…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
At the interbank foreign exchange, the local currency opened at 82.88 and dipped to 82.89 against the greenback, registering a gain of 2 paise from its previous close. Image for representation purposes only. File | Photo Credit: Reuters The rupee appreciated 2 paise to 82.89 against the U.S. dollar in early trade on February 29,…
Read More “Rupee rises 2 paise to 82.89 against U.S. dollar in early trade” »
Forex traders said subdued equity market sentiment and strengthening American currency weighed on the domestic unit. Image for representation purposes only. File | Photo Credit: Reuters The rupee appreciated 2 paise to 82.89 against the U.S. dollar in early trade on February 26 on the back of foreign funds inflow and retreating crude oil prices…
Read More “Rupee rises two paise to 82.89 against U.S. dollar in early trade” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 9 paise to 83.19 against the U.S. dollar in early trade on November 2, tracking its Asian peers as risk-on sentiments prevailed in the market as the U.S. Fed was a bit dovish in its policy meeting. A weak U.S. dollar…
Read More “Rupee rises 9 paise to 83.19 against U.S. dollar in early trade” »
Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…
Read More “Rupee settles flat at 83.25 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee fell 2 paise to settle at 83.26 (provisional) against the U.S. dollar on surging crude oil prices overseas and a downward trend in the domestic equities. Forex traders said that positive macroeconomic data failed to rev up the local currency, which has been…
Read More “Rupee settles 2 paise lower at 83.26 against U.S. dollar” »
Image used for representational purpose. | Photo Credit: Reuters The rupee pared initial gains and settled 3 paise lower at 83.27 against the U.S. dollar on October 5, following a recovery in the American currency. Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of…
Read More “Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 38 paise to 82.75 against the U.S. dollar in early trade on September 22, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government…
Read More “Rupee rises 38 paise to 82.75 against U.S. dollar in early trade” »