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Tag: rupee vs dollar

Rupee falls eight paise to settle at 83.06 against U.S. dollar

Posted on February 5, 2024 By admin
Rupee falls eight paise to settle at 83.06 against U.S. dollar

The Rupee depreciated eight paise to settle at 83.06 (provisional) against the U.S. dollar on February 5, as strengthening American currency overseas and negative sentiment in the domestic equity markets weighed on the local unit. “However, the downward trend in the global crude oil prices supported the domestic unit and restricted its decline,” forex traders…

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Business

Rupee falls four paise to 83.02 against U.S. dollar in early trade

Posted on February 5, 2024 By admin
Rupee falls four paise to 83.02 against U.S. dollar in early trade

The Rupee settled flat at 82.98 against the dollar on February 2, a day after rising six paise on the day of the Union Interim Budget. | Photo Credit: The Hindu The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising…

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Business

Rupee settles 2 paise higher at 83.26 against U.S. dollar

Posted on November 2, 2023 By admin
Rupee settles 2 paise higher at 83.26 against U.S. dollar

How the Indian Rupee fared in the last six days. | Photo Credit: PTI The rupee stayed range-bound and settled 2 paise higher at 83.26 against the U.S. dollar on Thursday as the American currency retreated from its elevated levels after the U.S. Federal Reserve was a bit dovish in its policy meeting. Forex traders…

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Business

Rupee rises 9 paise to 83.19 against U.S. dollar in early trade

Posted on November 2, 2023 By admin
Rupee rises 9 paise to 83.19 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 9 paise to 83.19 against the U.S. dollar in early trade on November 2, tracking its Asian peers as risk-on sentiments prevailed in the market as the U.S. Fed was a bit dovish in its policy meeting. A weak U.S. dollar…

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Business

Rupee falls 9 paise to close at all-time low of 83.33 against U.S. dollar

Posted on November 1, 2023 By admin
Rupee falls 9 paise to close at all-time low of 83.33 against U.S. dollar

The rupee depreciated 9 paise to close at an all-time low of 83.33 (provisional) against the U.S. dollar on Wednesday, tracking a strong greenback against major rivals overseas and unabated foreign capital outflows. Besides, a negative trend in domestic equities and elevated crude oil prices amid geopolitical uncertainty in the Middle East weighed on investor…

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Business

Rupee falls 3 paise against US dollar in early trade

Posted on November 1, 2023 By admin
Rupee falls 3 paise against US dollar in early trade

The rupee depreciated 3 paise to 83.27 against the US dollar in the morning session on Wednesday, November 1, 2023 tracking a strong American currency overseas and muted trend in domestic equities. Persistent foreign fund outflows also weighed on the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 83.26…

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Business

Rupee opens on flat note against U.S. dollar in early trade

Posted on October 31, 2023 By admin
Rupee opens on flat note against U.S. dollar in early trade

The rupee inched up 1 paisa against the US dollar in early trade on Tuesday, October 31, 2023, as the support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas. Forex traders said the dollar strengthened on safe-haven demand. However, a positive trend in domestic equities supported…

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Business

Rupee settles flat at 83.25 against U.S. dollar

Posted on October 30, 2023 By admin
Rupee settles flat at 83.25 against U.S. dollar

Image used for representative purpose only. | Photo Credit: REUTERS The rupee settled flat at 83.25 (provisional) against the U.S. dollar on Monday, as sustained foreign fund outflows and the strength of the American currency in the overseas market weighed on investor sentiments. Forex traders said the Indian rupee traded on a flat note with…

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Business

Rupee trades in narrow range against U.S. dollar in early trade

Posted on October 30, 2023 By admin
Rupee trades in narrow range against U.S. dollar in early trade

File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities. Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas…

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Business

Rupee settles flat at 83.25 against U.S. dollar

Posted on October 27, 2023 By admin
Rupee settles flat at 83.25 against U.S. dollar

Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…

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