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The rupee traded flat against the US dollar at 84.68 on Wednesday (December 4, 2024) morning as foreign inflows offset the impact of a strengthening greenback. A strengthening dollar against overseas currencies and a rise in Brent crude in international markets capped further gains in the local unit, while a positive trend in domestic equity…
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Image used for representative purpose only | Photo Credit: Reuters The rupee fell 4 paise to all-time low of 84.76 against the U.S. dollar in early trade on Tuesday, as the strength of the American currency in the overseas market and unabated foreign portfolio outflows dented investor sentiments. Forex traders said the depreciation in rupee…
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Image for representational purposes only. | Photo Credit: Getty Images The rupee depreciated 13 paise to close at an all-time low of 84.73 (provisional) against the U.S. dollar on Monday (December 2, 2024), on disappointing macroeconomic data and broad strength of the American currency in the overseas markets. Forex traders said Asian currencies were down…
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Image used for representative purpose only | Photo Credit: C. Venkatachalapathy The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday (November 13, 2024), as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit. Forex traders said the…
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Image used for representative purpose only | Photo Credit: C. Venkatachalapathy The rupee slipped 2 paise to an all-time low of 84.40 against the U.S .dollar in early trade on Tuesday (November 12, 2024), as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors’ sentiments. Forex traders said…
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Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows. File | Photo Credit: The Hindu Declining for the fourth straight session, the rupee dropped 2 paise to hit a new lifetime low of 84.39 (provisional) against the…
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Image used for representative purpose only | Photo Credit: C. Venkatachalapathy The rupee slipped 1 paisa to an all-time low of 84.38 against the U.S. dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities. Forex traders said the rupee is likely to remain under…
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Image used for representative purpose only | Photo Credit: C. Venkatachalapathy Declining for the third straight session, the rupee dropped 5 paise to hit a new lifetime low of 84.37 (provisional) against the U.S. dollar on Friday (November 8, 2024), weighed down by persistent foreign fund outflows and a muted trend in domestic equities. Forex…
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Image used for representative purpose only. | Photo Credit: RAGU R The rupee recovered from its all-time low level and witnessed a range-bound trade against the U.S. dollar in early hours on Thursday, as investors remained cautious ahead of the U.S. Fed meeting outcome later this week. Forex traders said RBI interventions will keep the…
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At the interbank foreign exchange, the rupee opened at an all-time low of 84.23 against the greenback, registering a fall of 14 paise over its previous close. File | Photo Credit: The Hindu The rupee fell 14 paise to an all-time low of 84.23 against the U.S. dollar in early trade on Wednesday (November 6,…
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