Stay Connected. Stay Informed.
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…
Read More “Rupee settles on flat note at 83.51 against U.S. dollar” »
File | Photo Credit: C. Venkatachalapathy The rupee opened on a flat note against the U.S. dollar in early trade on May 14, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. Forex traders said the rupee remains under pressure due to ongoing elections as well…
Read More “Rupee opens on flat note against U.S. dollar in early trade” »
Image for representational purposes only. | Photo Credit: REUTERS The rupee was trading in a narrow range against the U.S. dollar in early trade on May 10, as the support from positive domestic equities was negated by elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market and…
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 pared its initial gains and settled for the day 5 paise lower at 83.50 (provisional) against the U.S. dollar on Monday, weighed down by elevated crude oil prices. Forex traders said a weak trend in domestic equities also dented investor sentiments. At the…
Read More “Rupee falls 5 paise to close at 83.50 against U.S. dollar” »
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 3 paise to 83.42 against the U.S. dollar in early trade on May 6, supported by a firm trend in domestic equities. Forex traders said the strength of the American currency in the overseas market and foreign fund outflows weighed on the local…
Read More “Rupee rises 3 paise to 83.42 against U.S. dollar in early trade” »
Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 5 paise to 83.43 against the U.S. dollar in early trade on April 29 amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets. However, positive sentiment in the domestic equity markets and retreating crude oil prices in…
Read More “Rupee declines 5 paise to 83.43 against U.S. dollar in early trade” »
File. | Photo Credit: C. Venkatachalapathy The rupee appreciated by 3 paise to close at 83.33 (provisional) against the U.S. dollar on April 23 on positive domestic markets and a soft American currency. At the interbank foreign exchange market, the local unit opened at 83.37 against the greenback. The unit hit an intra-day high of…
Read More “Rupee rises 3 paise to close at 83.33 against U.S. dollar” »
File. | Photo Credit: C. Venkatachalapathy The rupee appreciated 5 paise to 83.39 against the U.S. dollar in early trade on April 22, supported by a firm trend in domestic equities. Forex traders said the local unit gained ground as the American currency and crude oil prices retreated from their elevated levels. At the interbank…
Read More “Rupee rises 5 paise to 83.39 against U.S. dollar in early trade” »
File. | Photo Credit: Reuters The rupee depreciated 14 paise to close at 83.57 (provisional) against the U.S. dollar on April 16, weighed down by a negative trend in domestic equities and a strong greenback against major crosses overseas amid geopolitical tensions. Forex traders said a weak appetite for riskier assets and recent foreign capital…
Read More “Rupee falls 14 paise to close at 83.57 against U.S. dollar” »
File. | Photo Credit: AFP The rupee appreciated 12 paise to close at 83.19 (provisional) against the U.S. dollar on April 10, as equity benchmarks climbing to all-time high levels and a weak greenback against major currencies overseas boosted investor sentiment. Forex traders said the rising appetite for riskier assets supported the local currency. At…
Read More “Rupee rises 12 paise to close at 83.19 against U.S. dollar” »