Rupee falls 5 paise to close at 83.50 against U.S. dollar

May 6, 2024 admin

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…

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Rupee falls 15 paise to close at 83.21 against U.S. dollar

October 3, 2023 admin

The rupee depreciated 15 paise to close at 83.21 (provisional) against the U.S. dollar on Tuesday (October 3), as a strong U.S. dollar and weak domestic equities dented investor sentiments. Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee. At the interbank foreign exchange market, the local…

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