Stay Connected. Stay Informed.
The rupee inched up 1 paisa against the US dollar in early trade on Tuesday, October 31, 2023, as the support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas. Forex traders said the dollar strengthened on safe-haven demand. However, a positive trend in domestic equities supported…
Read More “Rupee opens on flat note against U.S. dollar in early trade” »
Image used for representative purpose only. | Photo Credit: REUTERS The rupee settled flat at 83.25 (provisional) against the U.S. dollar on Monday, as sustained foreign fund outflows and the strength of the American currency in the overseas market weighed on investor sentiments. Forex traders said the Indian rupee traded on a flat note with…
Read More “Rupee settles flat at 83.25 against U.S. dollar” »
File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities. Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…
Read More “Rupee settles flat at 83.25 against U.S. dollar” »
The rupee continued its downward trend for the third consecutive session to close 6 paise lower at 83.23 (provisional) against the U.S. dollar on Thursday, dragged down by massive selling in equity markets and strengthening American currency overseas. Withdrawal of foreign funds and elevated crude oil prices touching $90 a barrel also weighed on the…
Read More “Rupee falls 6 paise to end at 83.23 against U.S. dollar” »
On Monday, the rupee closed 4 paise lower at 83.16 against the U.S. dollar. | Photo Credit: R. Ragu The rupee paired its early gains and settled 2 paise lower at 83.18 (provisional) against the U.S. dollar on Wednesday, tracking negative cues from domestic equity markets and a stronger American currency overseas. Softening crude oil…
Read More “Rupee falls 2 paise to 83.18 against U.S. dollar” »
File image. | Photo Credit: C. Venkatachalapathy The rupee declined 3 paise to 83.15 against the U.S. dollar in a restricted trade on October 23 due to a stronger greenback in overseas markets and foreign fund outflows. A correction in crude oil prices and firm domestic stock markets in opening trade capped the losses of…
Read More “Rupee declines 3 paise to 83.15 against dollar in early trade” »
The rupee traded in a narrow range to settle 5 paise higher at 83.23 (provisional) against the U.S. dollar on Thursday, tracking softening crude prices in the international markets amid lingering geopolitical uncertainties. However, foreign fund outflows, a weak greenback overseas and a negative trend in domestic equities weighed on investor sentiments, forex traders said….
Read More “Rupee rises 5 paise to close at 83.23 against U.S. dollar” »
The rupee settled 2 paise lower at 83.27 (provisional) against the U.S. dollar on Wednesday, tracking negative cues from domestic equity markets amid surging crude oil prices overseas. However, fresh foreign capital inflows and a weak greenback against major rivals overseas favoured the rupee and restricted the loss, forex traders said. At the interbank foreign…
Read More “Rupee falls 2 paise to close at 83.27 against U.S. dollar” »
File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.24 (provisional) against the U.S. dollar on October 17 amid a positive trend in domestic equities. Forex traders said the rupee is trading with a slight positive bias on positive domestic markets. However, a…
Read More “Rupee rises 3 paise to close at 83.24 against U.S. dollar” »
