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File. | Photo Credit: Reuters The rupee depreciated 14 paise to close at 83.57 (provisional) against the U.S. dollar on April 16, weighed down by a negative trend in domestic equities and a strong greenback against major crosses overseas amid geopolitical tensions. Forex traders said a weak appetite for riskier assets and recent foreign capital…
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On April 15, the Rupee declined six paise to settle at 83.44 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated nine paise to 83.53 against the U.S. dollar in early trade on April 16, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative…
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Stock markets took a beating on April 15 with benchmark Sensex and Nifty tumbling over 1% as escalating conflict in the Middle East and weak trends from global markets unnerved investors. Falling for the second session in a row, the 30-share BSE Sensex tanked 845.12 points or 1.14% to settle at a more than two-week…
At the interbank foreign exchange, the Rupee opened at 83.36 against the dollar and touched a low of 83.38 in the initial trade, registering a fall of seven paise over its previous close. | Photo Credit: The Hindu The Rupee depreciated seven paise to 83.38 against the U.S. dollar in early trade on April 12,…
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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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