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Tag: rupee vs dollar updates

Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

Posted on December 19, 2024 By admin
Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

Representational image. | Photo Credit: PTI The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday (December 19, 2024), as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections for…

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Rupee rises 7 paise against US dollar in early trade

Posted on August 14, 2024 By admin
Rupee rises 7 paise against US dollar in early trade

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…

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Rupee falls 5 paise to 83.53 against US dollar in early trade

Posted on July 3, 2024 By admin
Rupee falls 5 paise to 83.53 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…

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Business

Rupee falls 4 paise to 83.48 against US dollar in early trade

Posted on June 20, 2024 By admin
Rupee falls 4 paise to 83.48 against US dollar in early trade

The rupee fell 4 paise to 83.48 against the US dollar on Thursday, June 20, 2024, due to firm American currency and an upward trend in crude oil prices overseas. The local unit resisted the fall amid the unabated inflow of foreign capital but gave in to the pressure due to a muted trend in…

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