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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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A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS The Indian rupee pared its initial gains and turned flat at 83.87 against the U.S. dollar in early trade on Tuesday (August 20, 2024), as positive domestic equity markets and a weak American currency…
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A customer holds a hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS The Indian rupee traded in a tight range appreciated 3 paise to 83.94 against the U.S. dollar in early trade on Tuesday (August 13, 2024) on positive domestic macroeconomic data. However, a muted…
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A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in Mumbai. | Photo Credit: REUTERS The rupee consolidated in a narrow range and settled for the day lower by 2 paise at 83.97 (provisional) against the American currency on Monday (August 12, 2024), as market…
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At the interbank currency exchange, the domestic currency opened at 83.72, 1 paisa higher than the previous day’s close. | Photo Credit: Reuters The rupee rose 2 paise to 83.71 against the U.S. currency in early trade on July 31 following a marginal dip in the dollar in overseas markets. At the interbank currency exchange,…
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In the domestic equity market, the 30-share BSE Sensex hit an all-time high, rising 355.7 points or 0.44%, to 81,688.42 in early trade on July 29. | Photo Credit: Reuters The rupee appreciated by 2 paise to trade at 83.72 against the U.S. dollar in the early session on July 29 amid a weak dollar…
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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 traded in a narrow range and appreciated 2 paise to 83.49 against the U.S. dollar in early trade on July 11, as a positive trend in domestic equities supported the local unit, while…
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