Stay Connected. Stay Informed.
File. | Photo Credit: C. Venkatachalapathy The rupee depreciated for the fourth straight day to settle 13 paise lower at its lifetime low of 83.29 (provisional) against the US dollar on Monday, mainly due to risk aversion in global markets and rising crude oil prices. Besides, a strong American currency against key rivals overseas and…
Read More “Rupee hits all-time low of 83.29 against U.S. dollar” »
File. | Photo Credit: C. Venkatachalapathy The rupee witnessed range-bound trading against the U.S. dollar in early trade on September 18, weighed down by a negative trend in domestic equities, elevated crude oil prices and strong American currency. At the interbank foreign exchange, the rupee opened at 83.09 against the dollar, registering a rise of…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
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…
Read More “Rupee rises 10 paise to 83.13 against U.S. dollar” »
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….
Read More “Rupee falls 9 paise to settle at all-time low of 83.22 against U.S. dollar” »
File. | Photo Credit: Reuters The rupee depreciated by 11 paise to close at 82.73 (provisional) against the U.S. dollar on September 4, weighed down by a surge in crude oil prices and strength of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 82.71 against…
Read More “Rupee falls 11 paise to close at 82.73 against U.S. dollar” »
Forex traders said the rupee is likely to trade with a negative bias on risk aversion in global markets and a rising U.S. dollar. Image for representation purpose only. File | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 5 paise to 83.05 against the U.S. dollar in early…
Read More “Rupee rises 5 paise to 83.05 against U.S. dollar” »
Image used for representative purpose only. | Photo Credit: REUTERS The rupee gained 10 paise to 82.71 against the U.S. dollar in early trade on Monday tracking positive domestic equities. However, sustained foreign fund outflows and strength of the American currency in the overseas market dented investor sentiments, forex traders said. At the interbank foreign…
Read More “Rupee rises 10 paise to 82.71 against U.S. dollar” »
File. | Photo Credit: C. Venkatachalapathy The rupee fell by 8 paise to settle at a more than two-month low against the U.S. dollar on August 4 weighed down by safe-haven dollar demand and higher crude oil prices. Foreign fund outflows also weighed on the local unit, analysts said. At the interbank foreign exchange, the…
Read More “Rupee falls 8 paise to close at over two-month low against U.S. dollar” »
Foreign currency traders work inside a trading firm behind the signs of various world currencies, in Mumbai. | Photo Credit: REUTERS The rupee witnessed a range-bound trading against the U.S. dollar in early trade on Friday, as the support from positive domestic equities was negated by firm crude oil prices. Forex traders said the rupee…
Read More “Rupee trades in narrow range against U.S. dollar” »