Stay Connected. Stay Informed.
The Indian rupee appreciated 7 paise to 83.90 against the US dollar in early trade on Wednesday (August 14, 2024), as the American currency retreated from its elevated levels. Forex traders said the US dollar has weakened against majors post the US Producer Price Index (PPI) print, which came in softer than anticipated, leaving the…
Read More “Rupee rises 7 paise against US dollar in early trade” »
Rupee notes displayed at a roadside currency exchange stall in New Delhi. File photo | Photo Credit: REUTERS The rupee witnessed range-bound trading in initial deals against the US dollar on Monday (August 12, 2024), as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. Forex traders said for…
The rupee finally settled at 83.96 (provisional) against the American currency, down 4 paise from its previous close. File | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day lower by 4 paise at 83.96 (provisional) against U.S. dollar on Wednesday (August 7, 2024), weighed down by a recovery…
Read More “Rupee settles 4 paise lower at 83.96 against U.S. dollar” »
Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS Rupee opened on a muted note and fell to an all-time low of 83.80 against the U.S. dollar on August 5, as the risk off situation in world markets kept the dollar well bid. Forex…
Read More “Rupee slips to all-time low of 83.80 against U.S. dollar in early trade” »
Image uswd for representative purpose only | Photo Credit: R. Ragu The rupee traded flat at 83.53 against the U.S. currency in early trade on July 12 amid firm crude oil prices and gains in domestic stocks. At the interbank foreign exchange market, the rupee opened flat at 83.53 against the U.S. dollar. The local…
Read More “Rupee trades flat at 83.53 against U.S. dollar in early trade” »
The rupee appreciated 5 paise to 83.45 against the US dollar in early trade on Friday, July 5, 2024, as the American currency retreated from its elevated levels and was supported by significant foreign fund inflows. At the interbank foreign exchange market, the local unit opened at 83.48 and gained further to 83.45 against the…
Read More “Rupee rises 5 paise to 83.45 against US dollar in early trade” »
The rupee depreciated 5 paise to 83.53 against the US dollar in early trade on Wednesday, July 3, 2024, weighed down by the strong American currency and elevated crude oil prices. Forex traders said the rupee is trading in a narrow range as US dollar buying by oil companies and Foreign Portfolio Investors (FPIs) further…
Read More “Rupee falls 5 paise to 83.53 against US dollar in early trade” »
At the interbank foreign exchange market, the local unit opened at 83.56 and gained further to trade at 83.54 against the greenback in initial deals. File. | Photo Credit: Reuters The rupee appreciated 5 paise to 83.54 against the U.S. dollar in early trade on June 12, boosted by positive sentiments in the domestic equity…
Read More “Rupee rises 5 paise to 83.54 against U.S. dollar in early trade” »
Image used for representative purpose only | Photo Credit: R. Ragu The rupee appreciated 5 paise to 83.24 against the U.S. dollar in early trade on May 31 boosted by robust sentiment in domestic equity markets and a downward trend in the crude oil prices overseas. Forex traders said, however, strong American currency and unabated…
Read More “Rupee rises 5 paise to 83.24 against U.S. dollar in early trade” »
The rupee appreciated by 4 paise to 83.06 against the U.S. dollar on May 27, 2024. File | Photo Credit: Reuters The rupee appreciated by 4 paise to 83.06 against the U.S. dollar on May 27, tracking a positive trend in domestic equities, wherein benchmark indices scaled new peaks. Forex traders said the weakness of…
Read More “Rupee rises 4 paise to 83.06 against U.S. dollar in early trade” »