Stay Connected. Stay Informed.
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),…
Read More “Rupee rises 3 paise to close at 83.86 against U.S. dollar” »
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…
Read More “Rupee falls 2 paise to 83.95 against U.S. dollar in early trade” »
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…
Read More “Rupee falls 5 paise to close at 83.92 against U.S. dollar” »
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….
Read More “Rupee plunges 14 paise to 83.91 against U.S. dollar” »
The Indian rupee appreciated by 8 paise to close at 83.87 (provisional) against the U.S. dollar on Monday (August 19, 2024), supported by a weak US dollar and a decline in crude oil prices. Forex traders said fresh foreign fund inflows boosted investor sentiments. At the interbank foreign exchange, the rupee opened at 83.88 against…
Read More “Rupee rises 8 paise to close at 83.87 against U.S. dollar” »
A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall. | Photo Credit: Reuters The Indian rupee witnessed range-bound trading and settled for the day on a flat note at 83.97 (provisional) against the U.S. dollar on Tuesday (August 13, 2024), as weak domestic markets and a surge in crude oil…
Read More “Rupee settles flat at 83.97 against U.S. dollar” »
File. | Photo Credit: Reuters Rupee traded in a narrow range in morning trade on August 7, as the support from positive domestic equities was negated by strengthening of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 83.86 but soon pared the gains to trade…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
On Monday, the rupee slumped 37 paise to settle at an all-time low of 84.09 against the U.S. dollar | Photo Credit: Reuters The rupee recovered from its all-time low level and opened 25 paise higher at 83.84 against the U.S. dollar in morning trade on August 6, mirroring the rebound in the domestic equity…
File. | Photo Credit: Reuters The rupee was trading in a narrow range and fell 1 paisa to 83.70 against the U.S. dollar in early trade on July 24, weighed down by a weak risk appetite and dollar demand from importers. Forex traders said the increase in capital gains tax and removal of indexation benefits…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
The rupee had edged up 1 paisa to close at 83.49 against the U.S. dollar on Tuesday ahead of the key testimony of US Federal Reserve Chair Jerome Powell in front of Congress. File. | Photo Credit: Reuters The rupee traded flat at 83.49 against the U.S. currency in the early session on July 10…
Read More “Rupee trades flat 83.49 against U.S. dollar in early session” »