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File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.24 (provisional) against the U.S. dollar on October 17 amid a positive trend in domestic equities. Forex traders said the rupee is trading with a slight positive bias on positive domestic markets. However, a…
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The rupee rose 4 paise to 83.24 against the US dollar in early trade on Tuesday, helped by positive equity market trends even as concerns remained over the conflict in the Middle East. At the interbank foreign exchange, the rupee opened at 83.23 and stayed in the narrow range of 83.23 and 83.25 against the…
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The rupee settled flat at 83.27 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee settled flat at 83.27 against the U.S. dollar amid a weak trend in domestic equities and surging crude oil prices in the international markets. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in the Middle…
File picture of a bank customer depositing ₹2,000 currency note | Photo Credit: R. Ragu The Reserve Bank of India (RBI) has extended the deadline for exchange and deposit of ₹2,000 bank notes until October 7, adding that the denomination will continue to be legal tender even after the date. From October 8, individuals and…
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Withdrawal of foreign funds from domestic equities and upward movement in crude oil prices also weighed on the Indian currency, forex traders said. | Photo Credit: Reuters The rupee depreciated by 16 paise to 83.10 against the US dollar in early trade on Monday, taking cues from subdued equity market sentiment and a firm American…
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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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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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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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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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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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