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Rupee appreciated by 5 paise to 83.91 against the U.S. dollar. File | Photo Credit: Reuters The rupee appreciated by 5 paise to 83.91 against the U.S. dollar in early trade on Friday (September 13, 2024) supported by weakening of the American currency in the overseas market and significant foreign fund inflows. Forex traders said…
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The rupee witnessed range-bound trade and settled for the day on a flat note at 83.98 (provisional) against U.S. dollar on Wednesday (September 11, 2024) as the support from the lower level of crude oil prices and soft US dollar was negated by a weak trend in domestic equities. Forex traders said significant corrections in…
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The rupee traded in a narrow range on Tuesday (September 10, 2024) and depreciated 3 paise to 83.98 against the American currency. File | Photo Credit: Reuters The rupee traded in a narrow range on Tuesday (September 10, 2024) and depreciated 3 paise to 83.98 against the American currency, amid a muted trend in domestic…
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File. | Photo Credit: Reuters The rupee gained 2 paise to close at 83.95 (provisional) against the US dollar on Friday (September 6, 2024) amid a weak greenback in overseas markets. However, negative domestic markets, rise in crude oil prices, and outflow of foreign capital capped sharp gains, forex traders said. At the interbank currency…
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Image used for representational purpose. | Photo Credit: Reuters The rupee rose 2 paise to 83.96 against the U.S. dollar in early trade on Wednesday (September 4, 2024) aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. The dollar index, which gauges the greenback’s strength against a basket…
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File. | Photo Credit: Reuters Rupee declined 3 paise to hit 83.88 against the U.S. dollar in early trade on Monday (September 2, 2024) amid fluctuating crude oil prices. Forex traders said volatility in the international dollar trade and limited movement in the Brent crude rates contributed to the decline in the domestic currency in…
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The rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.86 (provisional) against the American currency | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.86 (provisional) against the American currency on Friday (August 30, 2024),…
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File image. | Photo Credit: Reuters Rupee depreciated 2 paise to 83.95 against the US dollar in morning trade on Wednesday (August 28, 2024), weighed down by a muted trend in domestic equities. Forex traders said from a macroeconomic standpoint, the rupee’s downside appears well-contained, with the 84-level acting as a crucial support, likely bolstered…
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File image. | Photo Credit: Reuters The rupee depreciated by 5 paise to close at 83.92 (provisional) against the American currency on Tuesday (August 27, 2024), on overnight jump in crude oil prices and a surge in commodity prices. However, positive domestic markets and a soft US dollar cushioned the downside, forex traders said. At…
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File. | Photo Credit: Reuters The Indian rupee nosedived 14 paise to 83.91 (provisional) against the U.S. dollar on Wednesday (August 21, 2024) amid unabated outflow of foreign capital and volatile domestic equity markets. Forex traders said a weak American currency and lower level of crude prices, however, cushioned the local unit at lower level….
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