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At the interbank foreign exchange market, the Indian currency traded 9 paise higher than its previous closing level. | Photo Credit: REUTERS The rupee sustained its gaining streak for the third straight session and rose 9 paise to 83.56 against the US dollar in early trade on Friday (September 20, 2024) buoyed by a firm…
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Image used for representative purpose only. | Photo Credit: Reuters The rupee rose 6 paise to 83.70 against the U.S. dollar in early trade on Thursday, reflecting strong investor sentiment after the U.S. Federal Reserve decided to cut interest rate in line with market expectations. The rupee also got support from lower crude oil prices,…
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Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 2 paise to 83.84 against the U.S. dollar in early trade on Tuesday (September 17, 2024), helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. However, a sluggish trend in the domestic equities and fresh…
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The rupee witnessed range-bound trade and settled for the day on a flat note at 83.98 (provisional) against U.S. dollar on Wednesday (September 11, 2024) as the support from the lower level of crude oil prices and soft US dollar was negated by a weak trend in domestic equities. Forex traders said significant corrections in…
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File. | Photo Credit: Reuters The rupee gained 2 paise to close at 83.95 (provisional) against the US dollar on Friday (September 6, 2024) amid a weak greenback in overseas markets. However, negative domestic markets, rise in crude oil prices, and outflow of foreign capital capped sharp gains, forex traders said. At the interbank currency…
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Image used for representative purpose only | Photo Credit: R. Ragu Rupee rose by 2 paise to 83.95 against the U.S. dollar in early trade on Friday (September 6, 2024) amid a weaker dollar against major currencies overseas. An upward movement in the international crude oil prices, negative domestic equity markets and outflow of foreign…
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Image used for representational purpose. | Photo Credit: Reuters The rupee rose 2 paise to 83.96 against the U.S. dollar in early trade on Wednesday (September 4, 2024) aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. The dollar index, which gauges the greenback’s strength against a basket…
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The rupee in tandem with Asian currencies fell to its support zone of 83.97 as the Reserve Bank of India seemed to present at 83.97 to protect against any further weakness in the currency. File | Photo Credit: Venkatachalapathy C. The rupee declined 5 paise to 83.96 (provisional) against the U.S. dollar on Tuesday (September…
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Image used for representative purpose only | Photo Credit: Reuters The rupee declined 4 paise to 83.95 against the U.S. dollar in early trade on Tuesday due to a stronger greenback in global markets and weak domestic manufacturing data. A decline in the domestic equity market also contributed to the drop in the local unit,…
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File. | Photo Credit: Reuters Rupee declined 3 paise to hit 83.88 against the U.S. dollar in early trade on Monday (September 2, 2024) amid fluctuating crude oil prices. Forex traders said volatility in the international dollar trade and limited movement in the Brent crude rates contributed to the decline in the domestic currency in…
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