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On March 15, the Rupee had settled at 82.86. “The Rupee declined by four paise to settle at 82.90 (provisional) against the U.S. currency on March 18 on firm crude oil prices. Gains in domestic stock markets and foreign fund inflows capped the Rupee’s losses,” analysts said. The local unit opened firm at 82.84 to…
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Image used for representational purpose only. | Photo Credit: Special Arrangement The rupee appreciated by 2 paise to trade at 82.84 against the U.S. dollar in the opening session on March 18 following foreign fund inflows. An uptick in crude oil prices and listless trade in domestic stocks capped rupee gains in opening trade, forex…
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At the interbank foreign exchange market, the local unit opened at 82.82 and witnessed an intra-day low of 82.91 and a high of 82.82 against the greenback during the trading session. | Photo Credit: The Hindu The Rupee declined by five paise to settle at 82.85 (provisional) against the U.S. dollar on March 13, tracking…
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On March 12, the Rupee consolidated in a narrow range and settled for the day five paise lower at 82.80 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 82.85 against the U.S. dollar in early trade on March 13, as the strength of the American currency in the…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day 3 paise lower at 82.78 (provisional) against the U.S. dollar on Tuesday, as market participants remained on the sidelines ahead of the release of key macroeconomic data. Forex traders said the Indian rupee…
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The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 12. Image for representation purposes only. File | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 12, as market participants remained on the sidelines ahead of the release of key macroeconomic data….
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Forex traders said the rupee exhibited strength supported by a weak dollar and easing crude oil prices. Image for representation purposes only. File | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 11, as the support from fresh foreign fund inflows was negated by a negative…
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On March 5, the Rupee settled flat at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee appreciated seven paise to settle at 82.83 (provisional) against the U.S. dollar on March 6, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities. However, surging crude oil…
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The rupee stayed flat at 82.90 against the US dollar in early trade on Wednesday, March 6, 2024, resisting downward pressure from a stronger American currency and volatile crude oil prices in the overseas markets. The local unit was also dragged down by the negative sentiment in the equity markets, however, it found support due…
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“The Indian currency remained under pressure due to volatile crude oil prices and persistent foreign fund outflows,” according to forex traders. | Photo Credit: The Hindu The Rupee settled one paisa higher at 82.89 (provisional) against the U.S. dollar on March 5 amid a strong greenback against major rivals overseas and a negative trend in…
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