Tag: interbank foreign exchange

On March 5, the Rupee settled flat at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee appreciated seven paise to settle at 82.83 (provisional) against the U.S. dollar on March 6, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities. However, surging crude oil…

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“The Indian currency remained under pressure due to volatile crude oil prices and persistent foreign fund outflows,” according to forex traders. | Photo Credit: The Hindu The Rupee settled one paisa higher at 82.89 (provisional) against the U.S. dollar on March 5 amid a strong greenback against major rivals overseas and a negative trend in…

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At the interbank foreign exchange, the local currency opened at 82.86 and gained slightly to 82.85 against the greenback, registering an increase of four paise from its previous close.  | Photo Credit: The Hindu The Rupee appreciated four paise to 82.85 against the U.S. dollar in early trade on March 1 on the back of…

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Representational image. | Photo Credit: The Hindu The Rupee traded on a flat note at 82.85 against the U.S. dollar in early trade on February 23 amid outflow of foreign funds and volatile crude oil prices in the overseas market. Positive equity market sentiment and a weak American currency, however, provided support to the domestic…

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At the interbank foreign exchange market, the local unit opened at 83.02 and touched the intraday high of 82.91 against the greenback. | Photo Credit: The Hindu The Rupee appreciated six paise to settle at 82.95 (provisional) against the U.S. dollar on February 20, amid robust equity market sentiment and a weak American currency. Forex…

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At the interbank foreign exchange, Rupee unit opened at 83.11 against the greenback. | Photo Credit: The Hindu The Rupee appreciated five paise to close at 83.03 (provisional) against the U.S. dollar on February 14, tracking positive domestic equities. Forex traders said strength of the American currency in the overseas market and elevated crude oil…

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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,…

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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…

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