Stay Connected. Stay Informed.
According to an analyst, the rupee traded within a narrow range even after more updates came in on the escalating conflict in Israel. File photo | Photo Credit: S.R. Raghunathan The rupee appreciated 3 paise to 83.22 against the US dollar on Wednesday, October 11, 2023, tracking cues from positive equity markets and a weaker American…
Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
A forex dealer in Bombay looks at a graph on the movement of the rupee trade. File photo | Photo Credit: Reuters The rupee appreciated by 4 paise to 83.21 against the US dollar in early trade on Friday, October 6, 2023, on positive cues from the equity market ahead of the RBI’s interest rate…
Image used for representational purpose. | Photo Credit: Reuters The rupee pared initial gains and settled 3 paise lower at 83.27 against the U.S. dollar on October 5, following a recovery in the American currency. Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of…
Read More “Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar” »
A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee depreciated 3 paise to settle at 83.23 (provisional) against the U.S. dollar on Wednesday, as a muted trend in domestic equities and sustained foreign fund outflows weighed on investor sentiments. Forex traders said the strength…
Read More “Rupee falls 3 paise to close at 83.23 against U.S. dollar” »
The rupee depreciated 4 paise to 83.24 against the US dollar in early trade on Wednesday, October 4, 2023, as the strength of the American currency and a weak trend in domestic equities exerted pressure on the local unit. Forex traders said sustained foreign fund outflows further dented investor sentiments. At the interbank foreign exchange,…
Read More “Rupee falls 4 paise to 83.24 against US dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated 14 paise to settle at 83.05 (provisional) against the U.S. dollar on September 29, boosted by a firm trend in equity markets and a sharp correction in the greenback against major rivals overseas. However, selling pressure from foreign equity investors and rising…
Read More “Rupee rises 14 paise to 83.05 against U.S. dollar” »
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…
Read More “Rupee gains 9 paise against dollar in early session” »
Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee edged up 1 paisa to 83.21 against the U.S. currency in a restricted trade on September 28 amid gains in domestic equities. The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a…
Read More “Rupee trades flat against U.S. dollar amid gains in equities” »
The rupee continued its downward movement for the second straight day and fell by 8 paise to 83.21 against the US dollar in early trade on Tuesday, September 26, 2023 amid massive selling by foreign equity investors and a firm American currency. Subdued equity market sentiment and elevated level of crude oil prices ¬ hovering…
