Stay Connected. Stay Informed.
File. | Photo Credit: C. Venkatachalapathy The rupee stayed flat at 83.03 against the US dollar in early trade on February 6 amid volatile crude oil prices in the overseas market. The Indian currency, however, found support from positive sentiment in the domestic equity markets and sustained inflow of foreign funds, Forex traders said. They…
Read More “Rupee turns flat at 83.03 against U.S. dollar in early trade” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 9 paise to 83.19 against the U.S. dollar in early trade on November 2, tracking its Asian peers as risk-on sentiments prevailed in the market as the U.S. Fed was a bit dovish in its policy meeting. A weak U.S. dollar…
Read More “Rupee rises 9 paise to 83.19 against U.S. dollar in early trade” »
Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…
Read More “Rupee settles flat at 83.25 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee fell 2 paise to settle at 83.26 (provisional) against the U.S. dollar on surging crude oil prices overseas and a downward trend in the domestic equities. Forex traders said that positive macroeconomic data failed to rev up the local currency, which has been…
Read More “Rupee settles 2 paise lower at 83.26 against U.S. dollar” »
Image used for representational purpose. | Photo Credit: Reuters The rupee pared initial gains and settled 3 paise lower at 83.27 against the U.S. dollar on October 5, following a recovery in the American currency. Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of…
Read More “Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated 14 paise to settle at 83.05 (provisional) against the U.S. dollar on September 29, boosted by a firm trend in equity markets and a sharp correction in the greenback against major rivals overseas. However, selling pressure from foreign equity investors and rising…
Read More “Rupee rises 14 paise to 83.05 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee declined by 20 paise to settle at 83.14 (provisional) against the U.S. dollar on September 25 due to rising crude oil prices and a strong American currency against major rivals overseas. Subdued equity markets and withdrawal of foreign funds also weighed on the…
Read More “Rupee falls 20 paise to close at 83.14 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 38 paise to 82.75 against the U.S. dollar in early trade on September 22, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government…
Read More “Rupee rises 38 paise to 82.75 against U.S. dollar in early trade” »
Image used for representational purpose only. | Photo Credit: PTI The rupee consolidated in a narrow range and settled 5 paise higher at 83.06 (provisional) against the U.S. dollar on September 21 as crude oil price receded from its elevated level. The rupee was also weighed down by a rising dollar index, following hawkish comments…
Read More “Rupee rises 5 paise to close at 83.06 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee continued its upward trend for the second straight session and appreciated by 9 paise to 82.93 against the U.S. dollar in early trade on Septmber 11, tracking positive cues from domestic equity markets and a weak American currency against major overseas rivals. However,…
Read More “Rupee rises 9 paise to 82.93 against U.S. dollar” »