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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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Image for representational purposes only. | Photo Credit: Getty Images The rupee appreciated 5 paise to 83.92 against the U.S. dollar in early trade on Wednesday (October 9, 2024), ahead of the Reserve Bank of India’s monetary policy announcement. Most major central banks have pivoted toward rate cuts, with the U.S. Fed being the latest…
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Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS The rupee appreciated 10 paise to 83.53 against the U.S. dollar in early trade on Wednesday (September 25, 2024), on the overall dollar weakness in the overseas market. Forex traders said the U.S. dollar has…
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Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range to settle 4 paise higher at 83.95 (provisional) against the U.S. dollar on Thursday (September 12, 2024) amid a positive trend in domestic equities and foreign fund inflows. Forex traders said the rupee trade was range-bound, with a slight…
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Forex traders said the crude oil level of $69 per barrel will act as a support for the domestic unit as India, the world’s third-largest oil importer, stands to benefit from cheaper oil. | Photo Credit: The Hindu The rupee traded in a narrow range on Wednesday (September 11, 2024) and appreciated 2 paise to…
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Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range on Tuesday (September 10, 2024) and depreciated 2 paise to close at 83.97 (provisional) against the American currency, weighed down by the strengthening of the American currency in the overseas market. Forex traders said the U.S. dollar recovered amid…
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A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad. | Photo Credit: REUTERS The rupee appreciated 10 paise to close at 83.87 (provisional) against the American currency on Thursday (August 29, 2024), supported by easing crude oil prices and a firm trend in domestic equities. Forex traders said the…
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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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