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Tag: rupee closing

Rupee falls 13 paise to all-time closing low of 85.65 against U.S. dollar

Posted on December 31, 2024 By admin
Rupee falls 13 paise to all-time closing low of 85.65 against U.S. dollar

Image used for representational purposes. File | Photo: C. Venkatachalapathy/The Hindu The rupee depreciated 13 paise to close at a fresh record low of 85.65 (provisional) against the U.S. dollar on Tuesday (December 31, 2024), ending the year with a sharp 3% loss on significant foreign fund outflows and a strong greenback in global markets….

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Rupee recovers 10 paise to end at 84.78 against U.S. dollar

Posted on December 13, 2024 By admin
Rupee recovers 10 paise to end at 84.78 against U.S. dollar

Image used for representational purposes. File | Photo Credit: The Hindu The rupee rebounded from its all-time low level and settled with a gain of 10 paise at 84.78 (provisional) against the U.S. dollar on Friday (December 13, 2024), buoyed by a strong recovery in domestic equity markets and easing inflation data. However, a…

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Rupee rises 6 paise to close at 84.44 against U.S. dollar

Posted on November 22, 2024 By admin
Rupee rises 6 paise to close at 84.44 against U.S. dollar

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher. File | Photo Credit: RAGHUNATHAN S.R. The rupee recovered from its all-time low level and appreciated 6 paise to close at 84.44 (provisional) against the U.S. dollar on Friday (November 22, 2024), supported by positive domestic equities. Forex…

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Business

Rupee settles 3 paise lower at 83.82 against U.S. dollar in range-bound trade

Posted on October 1, 2024 By admin
Rupee settles 3 paise lower at 83.82 against U.S. dollar in range-bound trade

The dollar index, which measures the dollar’s strength against a basket of six currencies, increased by 0.27% to reach 100.79. File | Photo Credit: Nagara Gopal The rupee stayed in a narrow range and settled 3 paise lower at 83.82 (provisional) against the U.S. dollar on Tuesday (October 1, 2024) amid subdued equity markets, unabated…

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Business

Rupee drops 6 paise to close at 83.64 against U.S. dollar

Posted on September 26, 2024 By admin
Rupee drops 6 paise to close at 83.64 against U.S. dollar

At the interbank foreign exchange, the local unit opened slightly weak at 83.66 against the American currency. File | Photo Credit: The Hindu The rupee depreciated by 6 paise to settle at 83.64 (provisional) against the U.S. dollar on Thursday (September 26, 2024), dragged by sustained foreign fund outflows. “However, a decline in global crude prices…

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Business

Rupee falls 11 paise to close at 83.65 against U.S. dollar

Posted on September 24, 2024 By admin
Rupee falls 11 paise to close at 83.65 against U.S. dollar

The rupee trimmed its initial gains against the U.S. currency but was still quoted higher by 120 paise to 67.60 per dollar on Thursday. | Photo Credit: Raghunathan S. R. The rupee depreciated 11 paise to close at 83.65 (provisional) against the American currency, weighed down by a muted trend in domestic equities and rising…

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Business

Rupee rises 4 paise to close at 83.88 against U.S. dollar

Posted on September 16, 2024 By admin
Rupee rises 4 paise to close at 83.88 against U.S. dollar

Representational image. | Photo Credit: The Hindu The rupee witnessed range-bound trade and settled for the day higher by 4 paise at 83.88 (provisional) against the U.S. dollar on Monday (September 16, 2024) supported by weak American currency and significant foreign fund inflows, while firm crude oil prices capped sharp gains. Forex traders said market…

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Business

Rupee falls 5 paise to end at 83.96 against U.S. dollar

Posted on September 3, 2024 By admin
Rupee falls 5 paise to end at 83.96 against U.S. dollar

The rupee in tandem with Asian currencies fell to its support zone of 83.97 as the Reserve Bank of India seemed to present at 83.97 to protect against any further weakness in the currency. File | Photo Credit: Venkatachalapathy C. The rupee declined 5 paise to 83.96 (provisional) against the U.S. dollar on Tuesday (September…

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Business

Rupee falls 3 paise to close at 83.96 against U.S. dollar

Posted on August 28, 2024 By admin
Rupee falls 3 paise to close at 83.96 against U.S. dollar

A customer holds a hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi, India, May 24, 2024. | Photo Credit: REUTERS The rupee depreciated 3 paise to close at 83.96 (provisional) against the American currency on Wednesday (August 28, 2024), amidst strong dollar demand from importers, particularly oil companies. Forex…

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Business

Rupee falls 4 paise to close at 83.94 against U.S. dollar

Posted on August 22, 2024 By admin
Rupee falls 4 paise to close at 83.94 against U.S. dollar

Image used for representative purpose only | Photo Credit: R. Ragu The rupee traded in a narrow range and settled lower by 4 paise at 83.94 (provisional) against the American currency on Thursday, as relentless dollar demand from importers and relentless foreign fund outflows dampened investor sentiments. However, a positive trend in domestic equities and…

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