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File. | Photo Credit: C. Venkatachalapathy The rupee appreciated 5 paise to 83.39 against the U.S. dollar in early trade on April 22, supported by a firm trend in domestic equities. Forex traders said the local unit gained ground as the American currency and crude oil prices retreated from their elevated levels. At the interbank…
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File. | Photo Credit: Reuters The rupee depreciated 14 paise to close at 83.57 (provisional) against the U.S. dollar on April 16, weighed down by a negative trend in domestic equities and a strong greenback against major crosses overseas amid geopolitical tensions. Forex traders said a weak appetite for riskier assets and recent foreign capital…
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File. | Photo Credit: AFP The rupee appreciated 12 paise to close at 83.19 (provisional) against the U.S. dollar on April 10, as equity benchmarks climbing to all-time high levels and a weak greenback against major currencies overseas boosted investor sentiment. Forex traders said the rising appetite for riskier assets supported the local currency. At…
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File. | Photo Credit: C. Venkatachalapathy The rupee depreciated 6 paise to 83.45 against the U.S. dollar in early trade on April 5, as market participants remained cautious ahead of the announcement of the Reserve Bank of India’s rate-setting panel’s decision. Forex traders said the local unit was also weighed down by a strong American…
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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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Image for representational purposes only. | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on April 2, weighed down by a strong American currency and elevated crude oil prices. At the interbank foreign exchange, the rupee opened at 83.37 against the greenback, then touched 83.35, registering a rise…
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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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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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