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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…
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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…
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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…
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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…
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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…
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Image used for representational purpose only. | Photo Credit: PTI The rupee consolidated in a narrow range and settled 5 paise higher at 83.06 (provisional) against the U.S. dollar on September 21 as crude oil price receded from its elevated level. The rupee was also weighed down by a rising dollar index, following hawkish comments…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee continued its upward trend for the second straight session and appreciated by 9 paise to 82.93 against the U.S. dollar in early trade on Septmber 11, tracking positive cues from domestic equity markets and a weak American currency against major overseas rivals. However,…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 10 paise to 83.13 against the U.S. dollar in early trade on Friday, tracking a positive trend in domestic equities. Forex traders said the rupee is trading in a narrow range as firm crude…
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FIIs were net sellers in the capital market on September 7 as they offloaded shares worth ₹3,245.86 crore, according to exchange data. Image for representation purpose only. File | Photo Credit: Reuters The rupee depreciated for the fourth straight day and settled nine9 paise lower at its lifetime low of 83.22 (provisional) against the U.S….
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The rupee fell 2 paise to hit the lowest level of 83.15 against the U.S. dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices. Forex traders said, massive selling of equities by foreign investors in the past few sessions and subdued market sentiment also put pressure on the…
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