Tag: rupee opening trade

Rupee sees high volatility against US dollar in early trade

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Rupee sees high volatility against US dollar in early trade

Forex traders said the overall uncertainty about the global economy continued to weigh on both currencies and commodities, keeping investors on edge. File photo The rupee witnessed high volatility in morning trade on Wednesday (January 22, 2025), as the support from positive domestic equities was weighed down by significant pressure from global uncertainties prompting investors…

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Rupee falls 7 paise against US dollar in early trade on November 28, 2024

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Rupee falls 7 paise against US dollar in early trade on November 28, 2024

Rep. image | Photo Credit: The Hindu The rupee fell 7 paise to trade at 84.47 against the US dollar in early trade on Thursday (November 28, 2024) weighed down by a muted trend in domestic equities and strength of the American currency in the overseas markets. Forex traders said the latest Federal Open Market…

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Rupee slips 1 paisa to all-time low of 84.40 against US dollar in early trade

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Rupee slips 1 paisa to all-time low of 84.40 against US dollar in early trade

Representational image. | Photo Credit: REUTERS The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Thursday (November 14, 2024), weighed down by unabated foreign fund outflows and strong dollar demand from investors. Forex traders said the downward pressure on the USD/INR pair is largely driven…

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Rupee opens on flat note against U.S. dollar in early trade

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Rupee opens on flat note against U.S. dollar in early trade

The rupee inched up 1 paisa against the US dollar in early trade on Tuesday, October 31, 2023, as the support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas. Forex traders said the dollar strengthened on safe-haven demand. However, a positive trend in domestic equities supported…

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Rupee falls 4 paise to 83.24 against US dollar

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Rupee falls 4 paise to 83.24 against US dollar

The rupee depreciated 4 paise to 83.24 against the US dollar in early trade on Wednesday, October 4, 2023, as the strength of the American currency and a weak trend in domestic equities exerted pressure on the local unit. Forex traders said sustained foreign fund outflows further dented investor sentiments. At the interbank foreign exchange,…

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