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Forex traders said the rupee is hovering around record low levels as the strong dollar weighed on the local unit. | Photo Credit: REUTERS The rupee settled flat at 84.07 (provisional) against the U.S. dollar on Tuesday, as the support from positive domestic markets and a softening crude oil prices was negated by persistent foreign…
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Image used for representational purposes. File The rupee opened on a flat note and depreciated 1 paisa to 84.08 against the U.S. dollar in initial deals on Tuesday (October 29, 2024), as persistent foreign fund outflows and the strength of the American currency in the overseas market dented investor sentiments. Forex traders said a muted…
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Representational image. | Photo Credit: REUTERS The rupee stayed almost flat, trading 1 paisa higher at 84.07 against the US dollar in early trade on Wednesday (October 23, 2024) dragged down by strengthening American currency and relentless outflow of foreign funds. Forex traders said a downward trend in domestic equity markets and elevated level of…
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Photo used for representation purpose only. | Photo Credit: Reuters The rupee settled flat at 84.07 (provisional) against the US dollar for the second straight session on Tuesday (October 22, 2024), tracking negative domestic equity markets and unabated outflow of foreign funds. The local unit was also weighed down by elevated crude oil prices as…
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At the interbank foreign exchange market, Rupee opened at 84.06 against the greenback and stayed almost flat throughout the session. File | Photo Credit: The Hindu The Rupee on Monday (October 21, 2024) settled flat at 84.07 (provisional) against the U.S. dollar amid strong American currency against major rivals overseas and relentless foreign fund outflows….
File. | Photo Credit: C. Venkatachalapathy The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the U.S. dollar in early trade on Monday (October 21, 2024), tracking positive cues from domestic equity markets and a soft American currency. However, sustained outflow of foreign funds and an…
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The rupee slipped 1 paisa to 84.07 against the U.S. dollar in early trade on Friday, as the weakening American currency failed to support the local unit amid negative domestic equity markets and higher crude oil prices. Forex traders said the unabated outflow of foreign funds also weighed on the domestic unit. At the interbank…
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Image used for representation purposes The rupee recovered from its all-time low levels and appreciated 4 paise to close at 84.06 (provisional) against the U.S. dollar on Monday (October 14, 2024) supported by strong domestic equity markets. Forex traders said the rupee was weighed down by the strong U.S. dollar and elevated crude oil prices….
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“A marginal decline in the value of the greenback against overseas currencies and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit,” forex traders said. | Photo Credit: The Hindu “Rupee depreciated two paise to close at 83.98 (provisional) against the U.S. dollar on Thursday (October…
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“The Indian Rupee remained steady as the RBI left repo rate and CRR unchanged at 6.5% and 4.5%, respectively,” said Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas. | Photo Credit: The Hindu The Rupee traded in a narrow range and settled for the day higher by just one paisa at 83.96 (provisional)…
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