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Tag: INR

Rupee falls nine paise to 83.53 against U.S. dollar in early trade

Posted on April 16, 2024 By admin
Rupee falls nine paise to 83.53 against U.S. dollar in early trade

On April 15, the Rupee declined six paise to settle at 83.44 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated nine paise to 83.53 against the U.S. dollar in early trade on April 16, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative…

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Rupee falls seven paise to 83.38 against U.S. dollar in early trade

Posted on April 12, 2024 By admin
Rupee falls seven paise to 83.38 against U.S. dollar in early trade

At the interbank foreign exchange, the Rupee opened at 83.36 against the dollar and touched a low of 83.38 in the initial trade, registering a fall of seven paise over its previous close. | Photo Credit: The Hindu The Rupee depreciated seven paise to 83.38 against the U.S. dollar in early trade on April 12,…

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Rupee rises 15 paise to 83.16 against U.S. dollar in early trade

Posted on April 10, 2024 By admin
Rupee rises 15 paise to 83.16 against U.S. dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.23 against the greenback. It later touched 83.16 in initial trade, registering a rise of 15 paise from its previous close. | Photo Credit: The Hindu The Rupee appreciated 15 paise to 83.16 against the U.S. dollar in early trade on April 10, tracking…

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Rupee falls 35 paise to hit all-time low of 83.48 against U.S. dollar

Posted on March 22, 2024 By admin
Rupee falls 35 paise to hit all-time low of 83.48 against U.S. dollar

Rupee finally settled at a record low of 83.48 (provisional), registering a fall of 35 paise from the previous close of 83.13. | Photo Credit: The Hindu The Rupee depreciated 35 paise to settle at an all-time low of 83.48 against the American currency on March 22, tracking a surging greenback against major crosses in…

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Rupee rises six paise to close at 83.13 against U.S. dollar

Posted on March 21, 2024 By admin
Rupee rises six paise to close at 83.13 against U.S. dollar

Rupee hit an intra-day high of 83.04 and a low of 83.16. File | Photo Credit: The Hindu The Rupee appreciated six paise to close at 83.13 (provisional) against the U.S. dollar on March 21, supported by a firm trend in domestic equities and a weak greenback amid rising appetite for riskier assets. At the…

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Business

Rupee declines 12 paise to close at 83.02 against U.S. dollar

Posted on March 19, 2024 By admin
Rupee declines 12 paise to close at 83.02 against U.S. dollar

On March 18, the Rupee dropped four paise to settle at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated 12 paise to 83.02 (provisional) against the U.S. dollar on March 18, weighed down by a heavy sell-off in domestic equities and persistent foreign capital outflows. “Besides, a surging greenback against…

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Business

Rupee falls four paise to settle at 82.90 against dollar on firm crude oil prices

Posted on March 18, 2024 By admin
Rupee falls four paise to settle at 82.90 against dollar on firm crude oil prices

On March 15, the Rupee had settled at 82.86. “The Rupee declined by four paise to settle at 82.90 (provisional) against the U.S. currency on March 18 on firm crude oil prices. Gains in domestic stock markets and foreign fund inflows capped the Rupee’s losses,” analysts said. The local unit opened firm at 82.84 to…

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Business

Rupee falls five paise to settle at 82.85 against U.S. dollar

Posted on March 13, 2024 By admin
Rupee falls five paise to settle at 82.85 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 82.82 and witnessed an intra-day low of 82.91 and a high of 82.82 against the greenback during the trading session. | Photo Credit: The Hindu The Rupee declined by five paise to settle at 82.85 (provisional) against the U.S. dollar on March 13, tracking…

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Business

Rupee falls five paise to 82.85 against U.S. dollar in early trade

Posted on March 13, 2024 By admin
Rupee falls five paise to 82.85 against U.S. dollar in early trade

On March 12, the Rupee consolidated in a narrow range and settled for the day five paise lower at 82.80 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 82.85 against the U.S. dollar in early trade on March 13, as the strength of the American currency in the…

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Business

RBI, Bank Indonesia sign pact for establishing framework to promote use of local currencies INR, IDR

Posted on March 7, 2024 By admin
RBI, Bank Indonesia sign pact for establishing framework to promote use of local currencies INR, IDR

The RBI and Bank Indonesia MoU covers all current account transactions, permissible capital account transactions and any other economic and financial transactions as agreed upon by both countries.  | Photo Credit: Reuters The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) on March 7 in Mumbai for…

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