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Image used for representative purpose only. | Photo Credit: RAGU R The rupee recovered from its all-time low level and witnessed a range-bound trade against the U.S. dollar in early hours on Thursday, as investors remained cautious ahead of the U.S. Fed meeting outcome later this week. Forex traders said RBI interventions will keep the…
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Image used for representative purpose only. | Photo Credit: iStockphoto The rupee settled on a flat note and rose 1 paisa to 84.07 (provisional) against U.S. dollar on Thursday, weighed down by persistent foreign fund outflows and month-end dollar demand from importers. Forex traders said suspected intervention by the Reserve Bank of India (RBI) supported…
Read More “Rupee settles on flat note, rises 1 paisa to 84.07 against U.S. dollar” »
Image used for representational purpose. | Photo Credit: Reuters Rupee depreciated 4 paise to close at 84.09 (provisional) against U.S. dollar on Wednesday (October 30, 2024), weighed down by weak domestic markets and month-end dollar demand from importers. Forex traders said suspected intervention by the Reserve Bank of India (RBI) supported the local currency at…
Read More “Rupee falls 4 paise to close at 84.09 against U.S. dollar” »
Image used for representative purpose only | Photo Credit: R. Ragu The rupee opened on a flat note and depreciated 2 paise to 84.07 against the U.S. dollar in initial deals on Wednesday (October 30, 2024), weighed down by persistent foreign fund outflows and muted domestic equities. Forex traders said the strength of the American…
Read More “Rupee falls 2 paise to 84.07 against U.S. dollar in early trade” »
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…
Read More “Rupee settles flat at 84.07 against U.S. dollar” »
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…
Read More “Rupee trades marginally higher by 1 paise at 84.07 against US dollar” »
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…
Read More “Rupee settles flat at 84.07 against U.S. dollar for second straight session” »
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…
Read More “Rupee gains 1 paisa to 84.06 against U.S. dollar in early trade” »