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According to forex experts, amid rising tensions with the U.S. and economic concerns, the rupee remained vulnerable and could see further downside as uncertainty continues to mount. File | Photo Credit: The Hindu The rupee traded in a narrow range and appreciated 5 paise to 87.67 against the U.S. dollar in early trade on Thursday…
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At the interbank foreign exchange market, the rupee opened on a negative note and touched an early low of 87.15 against the American currency on July 30, 025, registering a fall of 24 paise over its previous close. File | Photo Credit: REUTERS The rupee slipped below the 87 per dollar level against the U.S….
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At the interbank foreign exchange, the rupee opened at 86.88 and gained further ground to trade at 86.79 against the greenback during early deals on February 20, 2025. | Photo Credit: PTI The rupee appreciated 19 paise to 86.79 against the US dollar in early trade on Thursday (February 20, 2025), as the American currency…
The rupee traded in a narrow range and depreciated 9 paise to 87.16 against the US dollar in early trade on Wednesday (February 5, 2025) , as global trade war has fuelled risk aversion among investors. Forex traders said the rupee is trading with a negative bias over global trade war as market participants mulled…
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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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Representational image. | Photo Credit: The Hindu The rupee dropped 11 paise to 85.75 against the US dollar in early trade on Thursday (January 2, 2025), weighed down by the significant uptrend in the dollar index and US 10-year bond yields. Forex traders said the dollar gained against most currencies during the year 2024 and…
The Indian Rupee logo. Representational image. | Photo Credit: REUTERS The rupee dropped 1 paisa to 84.92 against the US dollar in early trade on Wednesday (December 18, 2024) and hovered around its all-time low level, as traders await more cues from the US FED on the interest rate front. Forex traders said dollar demand…
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Rupee opened on a flat note and rose just 3 paise from its all-time low level to 84.47 against the US dollar in morning trade on Friday (November 22 2024), as the support of positive domestic equities was negated by geopolitical pressures and unabated foreign portfolio outflows. The US dollar strengthened in the overseas market…
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At the interbank foreign exchange, rupee opened at 82.90 on Feb. 28, and then inched up to trade at the previous day’s closing level of 82.89 against the greenback. | Photo Credit: The Hindu The rupee turned flat at 82.89 against the US dollar in early trade on Wednesday, February 28, 2024, resisting pressure amid…
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The rupee depreciated 3 paise to 83.27 against the US dollar in the morning session on Wednesday, November 1, 2023 tracking a strong American currency overseas and muted trend in domestic equities. Persistent foreign fund outflows also weighed on the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 83.26…
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