Tag: rupee vs dollar

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

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

Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…

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Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar

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Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee pared initial gains and settled 3 paise lower at 83.27 against the U.S. dollar on October 5, following a recovery in the American currency. Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of…

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Rupee falls 3 paise to close at 83.23 against U.S. dollar

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Rupee falls 3 paise to close at 83.23 against U.S. dollar

A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee depreciated 3 paise to settle at 83.23 (provisional) against the U.S. dollar on Wednesday, as a muted trend in domestic equities and sustained foreign fund outflows weighed on investor sentiments. Forex traders said the strength…

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Rupee falls 4 paise to 83.24 against US dollar

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Rupee falls 4 paise to 83.24 against US dollar

The rupee depreciated 4 paise to 83.24 against the US dollar in early trade on Wednesday, October 4, 2023, as the strength of the American currency and a weak trend in domestic equities exerted pressure on the local unit. Forex traders said sustained foreign fund outflows further dented investor sentiments. At the interbank foreign exchange,…

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Rupee rises 14 paise to 83.05 against U.S. dollar

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Rupee rises 14 paise to 83.05 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated 14 paise to settle at 83.05 (provisional) against the U.S. dollar on September 29, boosted by a firm trend in equity markets and a sharp correction in the greenback against major rivals overseas. However, selling pressure from foreign equity investors and rising…

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Rupee trades flat against U.S. dollar amid gains in equities

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Rupee trades flat against U.S. dollar amid gains in equities

Image for representational purpose only. | Photo Credit: V.V. Krishnan The rupee edged up 1 paisa to 83.21 against the U.S. currency in a restricted trade on September 28 amid gains in domestic equities. The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a…

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Rupee falls 20 paise to close at 83.14 against U.S. dollar

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Rupee falls 20 paise to close at 83.14 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee declined by 20 paise to settle at 83.14 (provisional) against the U.S. dollar on September 25 due to rising crude oil prices and a strong American currency against major rivals overseas. Subdued equity markets and withdrawal of foreign funds also weighed on the…

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