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Image used for representational purpose only. | Photo Credit: Reuters The rupee pared its initial losses and settled for the day on an almost flat note at 83.50 (provisional) against the U.S. dollar on July 4, resisting pressure from elevated crude oil prices. Forex traders said a positive trend in domestic equities, wherein benchmark indices…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 8 paise to 83.37 against the U.S. dollar in early trade on June 28, supported by a positive trend in domestic equities and foreign fund inflows. Forex traders said the strength of the American currency in the overseas market and elevated crude oil…
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Image used for representational purposes only. | Photo Credit: Reuters The rupee recovered from previous day’s steep fall and traded 3 paise higher at 83.58 against the U.S. dollar in early trade on Friday on the back of sustained inflow of foreign capital and strong domestic equity market sentiment. Forex traders said the local unit…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to 83.50 against the U.S. dollar in early trade on June 10, largely due to the rise in the dollar index and US yields. Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as…
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On Wednesday, the domestic currency settled 7 paise higher at 83.44 against the dollar. File. | Photo Credit: Reuters The rupee inched up 1 paisa to 83.43 against the U.S. dollar in early trade on June 6 on the back of a weak American currency and positive domestic equity markets. Forex traders said an upward…
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Image used for representational purpose. | Photo Credit: Reuters The rupee recovered from the lower level and appreciated 7 paise to 83.44 against the U.S. dollar in early trade on June 5, taking cues from domestic equity markets and lower crude oil prices overseas. Forex traders said the rush for value-buying triggered an uptrend in…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee surged 38 paise to hit its three-month high level of 83.04 against the U.S. dollar in early trade on June 2 boosted by a robust sentiment in domestic equity markets on the back of strong macroeconomic data and exit poll results showing a…
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File. | Photo Credit: Reuters The rupee pared initial gains and settled for the day 5 paise lower at 83.18 (provisional) against the U.S. dollar on May 28, amid a negative trend in domestic equities and on dollar demand from importer at lower levels. Forex traders said the rupee consolidated in a narrow range as…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated by 3 paise to 83.10 against the U.S. dollar on May 28, tracking a positive trend in domestic equities and weakness of the American currency in the overseas market. Forex traders rupee is likely to trade with a positive bias tracking a positive…
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Image used for representational purpose. | Photo Credit: Reuters The rupee settled on a flat note at 83.51 (provisional) against the U.S. dollar on Tuesday, as the support from positive domestic markets and favourable inflation data was negated by strong US Dollar and foreign fund outflows. Forex traders said the rupee remains under pressure due…
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