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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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Rupee finally settled at a record low of 83.48 (provisional), registering a fall of 35 paise from the previous close of 83.13. | Photo Credit: The Hindu The Rupee depreciated 35 paise to settle at an all-time low of 83.48 against the American currency on March 22, tracking a surging greenback against major crosses in…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee declined 20 paise to 83.33 against the U.S. dollar on March 22 due to a stronger greenback in the global markets and dollar buying by importers. At the interbank foreign exchange market, the local unit opened lower at 83.28 against the previous close…
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Rupee hit an intra-day high of 83.04 and a low of 83.16. File | Photo Credit: The Hindu The Rupee appreciated six paise to close at 83.13 (provisional) against the U.S. dollar on March 21, supported by a firm trend in domestic equities and a weak greenback amid rising appetite for riskier assets. At the…
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On Tuesday, the rupee depreciated 13 paise to 83.03 against the U.S. dollar. File. | Photo Credit: Reuters The rupee declined 13 paise to close at 83.16 (provisional) against the U.S. dollar on March 20, weighed down by a strong American currency against major rivals overseas and elevated crude oil prices. However, a recovery in…
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On March 18, the Rupee dropped four paise to settle at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated 12 paise to 83.02 (provisional) against the U.S. dollar on March 18, weighed down by a heavy sell-off in domestic equities and persistent foreign capital outflows. “Besides, a surging greenback against…
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