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File. | Photo Credit: AFP The rupee appreciated 12 paise to close at 83.19 (provisional) against the U.S. dollar on April 10, as equity benchmarks climbing to all-time high levels and a weak greenback against major currencies overseas boosted investor sentiment. Forex traders said the rising appetite for riskier assets supported the local currency. At…
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At the interbank foreign exchange market, the local unit opened at 83.23 against the greenback. It later touched 83.16 in initial trade, registering a rise of 15 paise from its previous close. | Photo Credit: The Hindu The Rupee appreciated 15 paise to 83.16 against the U.S. dollar in early trade on April 10, tracking…
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Forex traders said investor sentiments got a boost as crude oil prices retreated from their elevated levels, while the strength of the American currency in the overseas market weighed on the local unit and restricted the up move. | Photo Credit: R. Ragu The rupee appreciated 8 paise to 83.23 against the U.S. dollar in…
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File. | Photo Credit: C. Venkatachalapathy The rupee depreciated 6 paise to 83.45 against the U.S. dollar in early trade on April 5, as market participants remained cautious ahead of the announcement of the Reserve Bank of India’s rate-setting panel’s decision. Forex traders said the local unit was also weighed down by a strong American…
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The rupee on April 04 recovered 9 paise to close at 83.44 (provisional) against the U.S. dollar, tracking a firm trend in domestic markets and upbeat macroeconomic data. A weak U.S. dollar against major crosses overseas also supported the domestic unit. However, elevated crude oil prices and sustained foreign fund outflows capped the sharp gain,…
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The rupee witnessed a rebound in early trade on Thursday, April 4, 2024 and appreciated 11 paise to 83.42 against the US dollar, supported by positive domestic equities. Elevated crude oil prices and sustained foreign fund outflows also dented investor sentiments, forex traders said. Moreover, market participants remained cautious ahead of the Reserve Bank’s rate-setting…
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File. | Photo Credit: C. Venkatachalapathy The rupee on April 2 consolidated in a narrow range and settled 4 paise lower at 83.43 against the U.S. dollar, weighed down by a strong dollar and elevated crude oil prices. Forex traders said a weak trend in domestic equities also dented investor sentiments. At the interbank foreign…
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The rupee declined by 7 paise to close at 83.36 (provisional) against the U.S. dollar on March 27, tracking a strong American currency against major rivals overseas and weak Asian peers. File. | Photo Credit: R. Ragu The rupee declined by 7 paise to close at 83.36 (provisional) against the U.S. dollar on March 27,…
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On Tuesday, the rupee recovered from all-time low levels and appreciated 32 paise to close at 83.29 against the U.S. dollar. File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the U.S. dollar in early trade on March 27, as the support from positive domestic equities was negated by…
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Forex, equity markets were closed on Monday on account of Holi. File. | Photo Credit: Reuters The rupee recovered from its all-time low level and appreciated 29 paise to 83.32 against the U.S. dollar in early trade on March 26. At the interbank foreign exchange, the domestic currency opened at 83.33 and it gained ground…
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