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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…
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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…
Image used for representational purpose only. | Photo Credit: Reuters The rupee declined by 20 paise to settle at 83.14 (provisional) against the U.S. dollar on September 25 due to rising crude oil prices and a strong American currency against major rivals overseas. Subdued equity markets and withdrawal of foreign funds also weighed on the…
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A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee appreciated 19 paise to 82.94 (provisional) against the U.S. dollar on Friday, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 38 paise to 82.75 against the U.S. dollar in early trade on September 22, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government…
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A forex dealer in Bombay looks at a graph of the Indian rupee. | Photo Credit: Reuters The rupee witnessed a range-bound trading against the US dollar in early trade on Thursday, September 21, 2023 weighed down by a negative trend in domestic equities and a strong American currency Forex traders said the Indian rupee…
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File. | Photo Credit: C. Venkatachalapathy Staging an impressive rebound from its lifetime low levels, the rupee surged by 24 paise to end at 83.08 (provisional) against the U.S. dollar on September 20, aided by losses in global crude prices and a weak dollar ahead of the US Federal Reserve’s policy decision. Besides, possible intervention…
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The rupee strengthened by 6 paise to 83.26 against the U.S. dollar in early trade on September 20 on easing global crude oil prices and rising appetite for riskier assets. However, a sell-off in the domestic equity markets and a strong American currency against major rivals overseas restricted the rupee’s rise, traders said. At the…
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File. | Photo Credit: C. Venkatachalapathy The rupee depreciated for the fourth straight day to settle 13 paise lower at its lifetime low of 83.29 (provisional) against the US dollar on Monday, mainly due to risk aversion in global markets and rising crude oil prices. Besides, a strong American currency against key rivals overseas and…
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File. | Photo Credit: C. Venkatachalapathy The rupee witnessed range-bound trading against the U.S. dollar in early trade on September 18, weighed down by a negative trend in domestic equities, elevated crude oil prices and strong American currency. At the interbank foreign exchange, the rupee opened at 83.09 against the dollar, registering a rise of…
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