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Tag: us fed cuts interest rates

Rupee rises 3 paise to 83.60 against U.S. dollar

Posted on September 25, 2024 By admin
Rupee rises 3 paise to 83.60 against U.S. dollar

At the interbank foreign exchange, the local unit opened slightly strong at 83.59 against the American currency. File | Photo Credit: Reuters The rupee appreciated 3 paise to close at 83.60 (provisional) against the U.S. dollar on Wednesday (September 25, 2024), tracking a positive trend in domestic equities and a weak greenback against major currencies…

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Rupee rises 6 paise to 83.70 against U.S. dollar after fed rate cate

Posted on September 19, 2024 By admin
Rupee rises 6 paise to 83.70 against U.S. dollar after fed rate cate

Image used for representative purpose only. | Photo Credit: Reuters The rupee rose 6 paise to 83.70 against the U.S. dollar in early trade on Thursday, reflecting strong investor sentiment after the U.S. Federal Reserve decided to cut interest rate in line with market expectations. The rupee also got support from lower crude oil prices,…

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