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Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day 3 paise lower at 82.78 (provisional) against the U.S. dollar on Tuesday, as market participants remained on the sidelines ahead of the release of key macroeconomic data. Forex traders said the Indian rupee…
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The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 12. Image for representation purposes only. File | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 12, as market participants remained on the sidelines ahead of the release of key macroeconomic data….
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Forex traders said subdued equity market sentiment and strengthening American currency weighed on the domestic unit. Image for representation purposes only. File | Photo Credit: Reuters The rupee appreciated 2 paise to 82.89 against the U.S. dollar in early trade on February 26 on the back of foreign funds inflow and retreating crude oil prices…
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The rupee settled on a flat note at 82.96 (provisional) against the U.S. dollar. | Photo Credit: PTI The rupee settled on a flat note at 82.96 (provisional) against the U.S. dollar on February 8, after the Reserve Bank of India decided to keep the key policy rate unchanged for the sixth time in a…
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The rupee depreciated 15 paise to close at 83.21 (provisional) against the U.S. dollar on Tuesday (October 3), as a strong U.S. dollar and weak domestic equities dented investor sentiments. Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee. At the interbank foreign exchange market, the local…
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At the interbank foreign exchange, the rupee opened at 83.23 and traded in a narrow range of 83.18 to 83.24 against the U.S. dollar. It finally settled at 83.22 (provisional). File | Photo Credit: The Hindu The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at…
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Image used for representational purpose only. The rupee appreciated 9 paise to close at 82.94 (provisional) against the U.S. dollar on Tuesday (September 12) amid fresh foreign fund inflows and expectations of better macroeconomic data. Forex traders said the Indian rupee appreciated on Tuesday as domestic markets hit fresh record highs after Nifty breached the…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee settled 1 paisa lower at 83.03 (provisional) against the U.S. dollar on Monday (September 11), as positive cues from domestic equity markets failed to allay investors’ concerns over elevated crude prices. A weak American currency against major rivals overseas, however, supported the domestic…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee reversed its three-day rally and depreciated by 13 paise to settle at 82.69 (provisional) against the U.S. dollar on Friday (August 25), tracking strong American currency and negative equity markets. Rising crude oil prices also weighed on the domestic unit even as foreign…
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On August 8, the rupee had settled at more than 8-month low level of 82.91 against the dollar. Image for representation purpose only. File | Photo Credit: PTI The rupee appreciated by 10 paise to 82.81 against the U.S. dollar in early trade on August 9 gaining ground from the 8-month low level amid weakening…
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