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The Indian rupee appreciated by 8 paise to close at 83.87 (provisional) against the U.S. dollar on Monday (August 19, 2024), supported by a weak US dollar and a decline in crude oil prices. Forex traders said fresh foreign fund inflows boosted investor sentiments. At the interbank foreign exchange, the rupee opened at 83.88 against…
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A customer holds a hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS The Indian rupee traded in a tight range appreciated 3 paise to 83.94 against the U.S. dollar in early trade on Tuesday (August 13, 2024) on positive domestic macroeconomic data. However, a muted…
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The rupee finally settled at 83.96 (provisional) against the American currency, down 4 paise from its previous close. File | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day lower by 4 paise at 83.96 (provisional) against U.S. dollar on Wednesday (August 7, 2024), weighed down by a recovery…
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On Monday, the rupee slumped 37 paise to settle at an all-time low of 84.09 against the U.S. dollar | Photo Credit: Reuters The rupee recovered from its all-time low level and opened 25 paise higher at 83.84 against the U.S. dollar in morning trade on August 6, mirroring the rebound in the domestic equity…
Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS Rupee opened on a muted note and fell to an all-time low of 83.80 against the U.S. dollar on August 5, as the risk off situation in world markets kept the dollar well bid. Forex…
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In the domestic equity market, the 30-share BSE Sensex hit an all-time high, rising 355.7 points or 0.44%, to 81,688.42 in early trade on July 29. | Photo Credit: Reuters The rupee appreciated by 2 paise to trade at 83.72 against the U.S. dollar in the early session on July 29 amid a weak dollar…
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File. | Photo Credit: Reuters The rupee was trading in a narrow range and fell 1 paisa to 83.70 against the U.S. dollar in early trade on July 24, weighed down by a weak risk appetite and dollar demand from importers. Forex traders said the increase in capital gains tax and removal of indexation benefits…
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Forex traders said foreign fund inflows and possible intervention by the RBI supported the rupee at lower levels and restricted the downfall. File | Photo Credit: Reuters The rupee recovered from its all-time low level and appreciated by 5 paise to 83.65 against the US dollar in early trade on July 22, as the American…
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File. | Photo Credit: Reuters The rupee depreciated 4 paise to 83.55 against the U.S. dollar in early trade on July 15, tracking the strength of the American currency in the overseas market and elevated crude oil prices. Forex traders said a positive trend in domestic equities and significant foreign fund inflows supported the rupee…
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Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS The rupee traded in a narrow range and appreciated 2 paise to 83.49 against the U.S. dollar in early trade on July 11, as a positive trend in domestic equities supported the local unit, while…
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