Tag: rupee

Rupee recovers from record lows, jumps 24 paise to end at 83.08 against U.S. dollar

September 20, 2023 admin

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…

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Rupee hits all-time low of 83.29 against U.S. dollar

September 18, 2023 admin

File. | Photo Credit: C. Venkatachalapathy The rupee depreciated for the fourth straight day to settle 13 paise lower at its lifetime low of 83.29 (provisional) against the US dollar on Monday, mainly due to risk aversion in global markets and rising crude oil prices. Besides, a strong American currency against key rivals overseas and…

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

September 18, 2023 admin

File. | Photo Credit: C. Venkatachalapathy The rupee witnessed range-bound trading against the U.S. dollar in early trade on September 18, weighed down by a negative trend in domestic equities, elevated crude oil prices and strong American currency. At the interbank foreign exchange, the rupee opened at 83.09 against the dollar, registering a rise of…

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Rupee rises 10 paise to 83.13 against U.S. dollar

September 8, 2023 admin

Image used for representational purpose only. | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 10 paise to 83.13 against the U.S. dollar in early trade on Friday, tracking a positive trend in domestic equities. Forex traders said the rupee is trading in a narrow range as firm crude…

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Rupee falls 11 paise to close at 82.73 against U.S. dollar

September 4, 2023 admin

File. | Photo Credit: Reuters The rupee depreciated by 11 paise to close at 82.73 (provisional) against the U.S. dollar on September 4, weighed down by a surge in crude oil prices and strength of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 82.71 against…

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Rupee settles flat at 82.70 against U.S. dollar

September 1, 2023 admin

The rupee rate in the last week. | Photo Credit: PTI The rupee ended on a flat note at 82.70 (provisional) against the U.S. dollar on Friday as surging crude oil prices dented the investor sentiment. The domestic currency, however, found support from positive sentiment in equity markets on the back of robust macroeconomic data….

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Rupee declines by 8 paise on rebound in crude oil, greenback

August 29, 2023 admin

The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29 due to a rebound in crude oil prices and greenback in the global markets. | Photo Credit: Getty Images The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29…

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Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

August 25, 2023 admin

Bombay Stock Exchange in Mumbai. File | Photo Credit: Vivek Bendre Benchmark Sensex declined by 365 points and Nifty settled below the 19,300 level in a volatile trade on Friday as financials, IT and oil shares took a hit amid concerns over potential rate hikes and weak trend in global markets. Falling for a second…

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Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar

August 18, 2023 admin

The rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the U.S. dollar | Photo Credit: V. Sudershan The rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the U.S. dollar on Friday, weighed down by a negative trend in domestic…

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Rupee rises 9 paise to 82.99 against U.S. dollar

August 17, 2023 admin

The rupee recovered from its all-time low levels and appreciated by 9 paise to 82.99 against the U.S. dollar in early trade on August 16 as crude oil price retracted from its elevated levels. | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 9 paise to 82.99 against the…

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