Stay Connected. Stay Informed.
Image used for representational purpose only. | Photo Credit: Reuters The rupee pared its initial losses and settled for the day on an almost flat note at 83.50 (provisional) against the U.S. dollar on July 4, resisting pressure from elevated crude oil prices. Forex traders said a positive trend in domestic equities, wherein benchmark indices…
Read More “Rupee falls 1 paisa to close at 83.50 against U.S. dollar” »
The rupee depreciated 6 paise to settle at 83.50 (provisional) against the U.S. dollar on Tuesday, weighed down by a strong greenback in the overseas market and elevated global crude oil prices. Besides, a muted trend in domestic equities and foreign fund outflows dented investor sentiments, forex traders said. At the interbank foreign exchange market,…
Read More “Rupee falls 6 paise to close at 83.50 against U.S. dollar” »
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 8 paise to 83.37 against the U.S. dollar in early trade on June 28, supported by a positive trend in domestic equities and foreign fund inflows. Forex traders said the strength of the American currency in the overseas market and elevated crude oil…
Read More “Rupee rises 8 paise to 83.37 against U.S. dollar in early trade” »
Reports of selling of dollars by state-run banks also supported the rupee. File | Photo Credit: REUTERS The rupee appreciated 13 paise to settle at 83.42 (provisional) against the U.S. dollar on Tuesday, buoyed by fresh inflow of foreign capital and a firm trend in domestic equity markets, wherein benchmark indices scaled new peaks. Forex…
Read More “Rupee jumps 13 paise to settle at 83.42 against U.S. dollar” »
The rupee consolidated in a narrow range and settled for the day lower by 7 paise at 83.55 (provisional) against the U.S. dollar on Thursday even as both the domestic equity benchmark indices touched all-time high levels. Forex traders said rupee was seen resilient against the dollar, even after volatility witnessed in the dollar index,…
Read More “Rupee falls 7 paise to close at 83.55 against U.S. dollar” »
At the interbank foreign exchange market, the local unit opened at 83.56. | Photo Credit: REUTERS Rupee appreciated 3 paise to close at 83.56 (provisional) against the U.S. dollar on Wednesday, on positive domestic market, wherein benchmark sensitive index Nifty touched a fresh all-time high. Forex traders said rupee is trading in a narrow range…
Read More “Rupee rises 3 paise to close at 83.56 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to 83.50 against the U.S. dollar in early trade on June 10, largely due to the rise in the dollar index and US yields. Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as…
Read More “Rupee falls 10 paise to 83.50 against U.S. dollar in early trade” »
Image for representational purposes | Photo Credit: Getty Images/iStockphoto The rupee tumbled 45 paise to close at 83.59 (provisional) against the US dollar on Tuesday as the ruling BJP is unlikely to muster an absolute majority in the Lok Sabha elections. Besides, a massive sell-off in domestic equities and a strong greenback against major currencies…
Read More “Rupee plunges 45 paise to close at 83.59 against US dollar” »
The rupee plunged 26 paise to 83.40 against the U.S. dollar in early trade on Tuesday as initial counting for the Lok Sabha elections indicated a mixed trend. A weak trend in domestic equity markets also dented sentiments in early deals, forex traders said. According to television reports, the BJP-led NDA surged ahead with leads…
Read More “Rupee falls 26 paise to 83.40 against U.S. dollar in early trade” »
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated by 3 paise to 83.10 against the U.S. dollar on May 28, tracking a positive trend in domestic equities and weakness of the American currency in the overseas market. Forex traders rupee is likely to trade with a positive bias tracking a positive…
Read More “Rupee rises 3 paise to 83.10 against U.S. dollar in early trade” »
