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The rupee stayed range-bound and settled 1 paisa lower at 83.49 (provisional) against the U.S. dollar on Friday, as the support from positive domestic equities was negated by elevated crude oil prices. Forex traders said significant foreign fund outflows dented investors’ sentiments. At the interbank foreign exchange market, the local unit traded in a narrow…
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The rupee consolidated in a narrow range and settled for the day on a flat note, higher by 2 paise at 83.50 (provisional) against the U.S. dollar on May 09, on weak domestic markets and a strong American currency. Forex traders said massive foreign fund outflows dented investors’ sentiments. At the interbank foreign exchange market,…
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Rupee hit an intra-day high of 83.47 and a low of 83.52 against the greenback. | Photo Credit: The Hindu The Rupee consolidated in a narrow range and settled higher by one paisa at 83.51 against the U.S. dollar on May 7, amid a negative trend in domestic equities and strong dollar demand. Forex traders…
The rupee slumped to an all-time low of 54.56 against the dollar in afternoon trade on May 16, 2012, even as the Reserve Bank of India broke its silence over the falling rupee, saying it would do its “best possible to curb volatility” in New Delhi, on May 16, 2012. Photo: | Photo Credit: V.V….
Read More “Rupee rises 4 paise to 83.48 against U.S. dollar in early trade” »
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 3 paise to 83.42 against the U.S. dollar in early trade on May 6, supported by a firm trend in domestic equities. Forex traders said the strength of the American currency in the overseas market and foreign fund outflows weighed on the local…
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The Rupee had settled seven paise lower at 83.45 against the U.S. dollar on April 29. | Photo Credit: The Hindu The Rupee recovered four paise to 83.41 (provisional) against the U.S. dollar on April 29, tracking foreign capital inflows and a strengthening greenback against major crosses overseal. According to forex analysts, the domestic currency…
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 3 paise to 83.48 against the U.S. dollar in early trade on April 30 amid a strong American currency against major Asian rivals and an upward movement in the crude oil prices. However, positive sentiment in the domestic equity markets and some inflow…
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 5 paise to 83.43 against the U.S. dollar in early trade on April 29 amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets. However, positive sentiment in the domestic equity markets and retreating crude oil prices in…
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Representational image only. | Photo Credit: The Hindu The Rupee declined seven paise to close at 83.35 (provisional) against the U.S. dollar on April 26 as a strengthening American currency overseas and a selloff in domestic equities weighed on the local unit. “Besides, rising crude prices in the international market and risk-averse sentiment dragged the…
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On April 25, the Rupee had settled at 83.28 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 83.33 against the U.S. dollar in early trade on April 26, tracking a strong greenback overseas and a positive trend in domestic equities. “However, elevated crude prices in international markets and unabated…
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