Stay Connected. Stay Informed.
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,…
Read More “Rupee falls 4 paise to 83.24 against US 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…
Read More “Rupee rises 14 paise to 83.05 against U.S. dollar” »
The rupee rose 9 paise to 83.10 against the US dollar in early trade on Friday, September 29, 2023 amid a retreating dollar versus major rivals and positive cues from the equity markets. Massive selling of equities by foreign investors and an upward trend in crude oil prices, however, capped the rise of the domestic…
Read More “Rupee gains 9 paise against dollar in early session” »
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…
Read More “Rupee trades flat against U.S. dollar amid gains in equities” »
The rupee continued its downward movement for the second straight day and fell by 8 paise to 83.21 against the US dollar in early trade on Tuesday, September 26, 2023 amid massive selling by foreign equity investors and a firm American currency. Subdued equity market sentiment and elevated level of crude oil prices ¬ hovering…
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…
Read More “Rupee falls 20 paise to close at 83.14 against U.S. dollar” »
A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee appreciated 19 paise to 82.94 (provisional) against the U.S. dollar on Friday, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co…
Read More “Rupee rises 19 paise to close at 82.94 against U.S. dollar” »
Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 38 paise to 82.75 against the U.S. dollar in early trade on September 22, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government…
Read More “Rupee rises 38 paise to 82.75 against U.S. dollar in early trade” »
A forex dealer in Bombay looks at a graph of the Indian rupee. | Photo Credit: Reuters The rupee witnessed a range-bound trading against the US dollar in early trade on Thursday, September 21, 2023 weighed down by a negative trend in domestic equities and a strong American currency Forex traders said the Indian rupee…
Read More “Rupee trades in narrow range against US dollar in early trade” »
File. | Photo Credit: C. Venkatachalapathy Staging an impressive rebound from its lifetime low levels, the rupee surged by 24 paise to end at 83.08 (provisional) against the U.S. dollar on September 20, aided by losses in global crude prices and a weak dollar ahead of the US Federal Reserve’s policy decision. Besides, possible intervention…
Read More “Rupee recovers from record lows, jumps 24 paise to end at 83.08 against U.S. dollar” »