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Tag: rupee

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

Posted on August 29, 2023 By admin
Rupee declines by 8 paise on rebound in crude oil, greenback

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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Business

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

Posted on August 25, 2023 By admin
Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

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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Business

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

Posted on August 18, 2023 By admin
Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar

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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Business

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

Posted on August 17, 2023 By admin
Rupee rises 9 paise to 82.99 against U.S. dollar

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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Business

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

Posted on August 14, 2023 By admin
Rupee falls 29 paise to close at all-time low of 83.11 against U.S. dollar

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…

Read More “Rupee falls 29 paise to close at all-time low of 83.11 against U.S. dollar” »

Business

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

Posted on August 7, 2023 By admin
Rupee rises 10 paise to 82.71 against U.S. dollar

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…

Read More “Rupee rises 10 paise to 82.71 against U.S. dollar” »

Business

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

Posted on August 4, 2023 By admin
Rupee falls 8 paise to close at over two-month low against U.S. dollar

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…

Read More “Rupee falls 8 paise to close at over two-month low against U.S. dollar” »

Business

Rupee trades in narrow range against U.S. dollar

Posted on August 4, 2023 By admin
Rupee trades in narrow range against U.S. dollar

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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