Tag: rupee

Rupee falls 29 paise to close at all-time low of 83.11 against U.S. dollar

August 14, 2023 admin

File. | Photo Credit: C. Venkatachalapathy The rupee depreciated 29 paise to settle at an all-time low of 83.11 (provisional) against the U.S. dollar on August 14, weighed down by a strong greenback overseas and firm crude oil prices in the international markets. Foreign fund outflows also weighed on the local unit, analysts said. At…

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Rupee rises 10 paise to 82.71 against U.S. dollar

August 7, 2023 admin

Image used for representative purpose only. | Photo Credit: REUTERS The rupee gained 10 paise to 82.71 against the U.S. dollar in early trade on Monday tracking positive domestic equities. However, sustained foreign fund outflows and strength of the American currency in the overseas market dented investor sentiments, forex traders said. At the interbank foreign…

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Rupee falls 8 paise to close at over two-month low against U.S. dollar

August 4, 2023 admin

File. | Photo Credit: C. Venkatachalapathy The rupee fell by 8 paise to settle at a more than two-month low against the U.S. dollar on August 4 weighed down by safe-haven dollar demand and higher crude oil prices. Foreign fund outflows also weighed on the local unit, analysts said. At the interbank foreign exchange, the…

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Rupee trades in narrow range against U.S. dollar

August 4, 2023 admin

Foreign currency traders work inside a trading firm behind the signs of various world currencies, in Mumbai. | Photo Credit: REUTERS The rupee witnessed a range-bound trading against the U.S. dollar in early trade on Friday, as the support from positive domestic equities was negated by firm crude oil prices. Forex traders said the rupee…

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