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Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows. File | Photo Credit: The Hindu Declining for the fourth straight session, the rupee dropped 2 paise to hit a new lifetime low of 84.39 (provisional) against the…
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At the interbank foreign exchange, the rupee opened at an all-time low of 84.23 against the greenback, registering a fall of 14 paise over its previous close. File | Photo Credit: The Hindu The rupee fell 14 paise to an all-time low of 84.23 against the U.S. dollar in early trade on Wednesday (November 6,…
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At the interbank foreign exchange, the rupee opened at 84.08 against the greenback; it rose 1 paisa to 84.07 in initial trade. File | Photo Credit: The Hindu The rupee opened on a flat note and rose 1 paisa to 84.07 against the U.S. dollar in initial deals on Thursday (October 31, 2024), as strong…
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At the interbank foreign exchange, the rupee opened at 84.08 against the greenback. In the initial trade, it touched 84.07, registering a rise of 1 paisa over its previous close. File | Photo Credit: The Hindu The rupee witnessed range-bound trade and appreciated by just 1 paisa to 84.07 against the U.S. dollar in initial…
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At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and slipped 1 paisa to trade at the previous day’s closing level in initial deals. File | Photo Credit: The Hindu The rupee stayed flat at 84.07 against the U.S. dollar in early trade on Thursday (October 24, 2024) amid elevated crude…
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At the interbank foreign exchange market, the local unit opened at 83.56 and gained further ground to trade at 83.49 against the greenback in initial deals, registering an increase of 8 paise from its previous closing level. File | Photo Credit: V.V. Krishnan The rupee appreciated 8 paise to 83.49 against the U.S. dollar in…
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The rupee slumped to an all-time low of 54.56 against the dollar in afternoon trade on May 16, 2012, even as the Reserve Bank of India broke its silence over the falling rupee, saying it would do its “best possible to curb volatility” in New Delhi, on May 16, 2012. Photo: | Photo Credit: V.V….
Read More “Rupee rises 4 paise to 83.48 against U.S. dollar in early trade” »
Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee stayed firm and rose 9 paise to 82.74 against the U.S. dollar in early trade on March 7 on the back of a weak American currency overseas and sustained inflow of foreign funds in the domestic capital markets. The local currency also found…
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The rupee continued its gaining momentum for the second consecutive day and appreciated 7 paise to settle at 83.18 (provisional) against the U.S. dollar on October 11 amid robust buying in domestic equities and a weak American currency overseas. However, unabated withdrawal of funds by foreign institutional investors weighed on the domestic currency, Forex analysts…
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Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee edged up 1 paisa to 83.21 against the U.S. currency in a restricted trade on September 28 amid gains in domestic equities. The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a…
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