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On August 1, the Rupee declined five paise to settle at 83.73 against the U.S. dollar. | Photo Credit: The Hindu The Rupee turned flat at 83.73 against the U.S. currency on August 2 amid weak equity markets and an upward movement in crude oil prices overseas. According to forex traders, “the Indian currency found…
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Image used for representational purpose. | Photo Credit: Vivek Prakash The rupee opened 1 paisa higher at 83.67 against the U.S. currency on August 1 after the Federal Reserve held the rates, but said a September rate cut could be on the table. The U.S. dollar declined marginally in overseas markets but Brent crude oil…
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Image used for representative purpose only | Photo Credit: R. Ragu The rupee opened flat at 83.73 against the U.S. currency on July 30 as the dollar remained firm in overseas markets. At the interbank currency exchange, the rupee opened firm at 83.73 and was trading in the range of 83.73 to 83.74 in early…
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On July 24, the Rupee depreciated two paise to hit its all-time closing low of 83.71 against the U.S. dollar. File | Photo Credit: The Hindu The Rupee fell one paisa to close at an all-time low of 83.72 (provisional) against the U.S. dollar on July 25, dragged down by demand for the American currency…
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On July 24, the Rupee depreciated two paise to hit its all-time closing low of 83.71 against the U.S. dollar. | Photo Credit: The Hindu Rupee opened on a muted note and fell to an all-time low of 83.72 against the U.S. dollar on July 25, dragged down by the strength of the American currency…
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File. | Photo Credit: Reuters The rupee was trading in a narrow range and fell 1 paisa to 83.70 against the U.S. dollar in early trade on July 24, weighed down by a weak risk appetite and dollar demand from importers. Forex traders said the increase in capital gains tax and removal of indexation benefits…
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The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains. Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain…
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Image used for representational purpose. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day 3 paise higher at 83.58 (provisional) against the U.S. dollar on July 16, on firm domestic markets and sustained inflow of foreign capital. Forex traders said a decline in crude oil prices favoured the…
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On July 12, the Rupee settled at 83.51 against the U.S. dollar. | Photo Credit: The Hindu Rupee depreciated 11 paise and settled for the day at an all-time low of 83.62 (provisional) against the U.S. dollar on July 15, weighed down by the overall strength of the American currency in the overseas market. Forex…
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Image uswd for representative purpose only | Photo Credit: R. Ragu The rupee traded flat at 83.53 against the U.S. currency in early trade on July 12 amid firm crude oil prices and gains in domestic stocks. At the interbank foreign exchange market, the rupee opened flat at 83.53 against the U.S. dollar. The local…
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