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The rupee rose 9 paise to 83.10 against the US dollar in early trade on Friday, September 29, 2023 amid a retreating dollar versus major rivals and positive cues from the equity markets. Massive selling of equities by foreign investors and an upward trend in crude oil prices, however, capped the rise of the domestic…
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Representational image | Photo Credit: C. Venkatachalapathy The rupee rose 5 paise to 83.23 against the U.S. dollar in early trade on Wednesday, recovering from its steep loss in the past two sessions amid a massive selling by foreign equity investors and a strengthening American currency. Weak sentiment in the global equity markets and surging…
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The rupee pared initial gains to settle 2 paise lower at 83.03 (provisional) against the U.S. dollar on Thursday, weighed down by a surge in crude oil prices and strong American currency overseas. However, a positive trend in domestic markets cushioned the downside for the local unit, forex traders said. At the interbank foreign exchange…
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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,…
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The rupee snapped a four-day losing streak to close 21 paise higher at 83.02 against the U.S. Dollar on Friday, aided by the currency’s flow into domestic equities and likely supported by intervention from the Reserve Bank of India (RBI) The Indian currency had hit its lifetime low of 83.23 against the U.S. Dollar on…
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The rupee rates in the last six days. | Photo Credit: PTI The rupee snapped a four-day losing streak to close 24 paise higher at 82.99 (provisional) against the U.S. dollar on Friday, helped by a firm trend in domestic equities and suspected intervention by the RBI. Besides, the local unit appreciated after the Reserve…
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Representational image | Photo Credit: PTI The rupee depreciated 15 paise to 82.77 against the U.S. dollar in early trade on Monday as firm crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.71, then touched 82.77, registering a decline of 15 paise over its last close….
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The rupee appreciated by 9 paise to 82.61 against the US dollar in early trade on Friday, September 1, 2023 tracking cues from positive domestic equity markets on the back of robust macroeconomic data. However, outflow of foreign funds and crude prices hovering around USD 87 per barrel weighed on the domestic unit, according to…
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On the domestic equity market front, the BSE Sensex closed higher by 11.43 points or 0.02% at 65,087.25 points. Image for representation purpose only. File | Photo Credit: Reuters The rupee recovered 6 paise to settle at 82.74 (provisional) against the U.S. currency on Wednesday following weakness in the U.S. dollar in global markets. FII…
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The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29 due to a rebound in crude oil prices and greenback in the global markets. | Photo Credit: Getty Images The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29…
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