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Tag: Value of rupees

Rupee recovers from record low to settle 8 paise higher at 86.62 against U.S. dollar

Posted on January 14, 2025 By admin
Rupee recovers from record low to settle 8 paise higher at 86.62 against U.S. dollar

Image for representative purposes only | Photo Credit: Reuters The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the U.S. dollar on Tuesday (January 14, 2025) as the American currency retreated from record high. Some recovery in domestic equity markets after the release of macroeconomic numbers also supported…

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Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar

Posted on November 7, 2024 By admin
Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar

Image for representative purposes only | Photo Credit: Reuters The rupee declined 6 paise to close at a fresh lifetime low of 84.37 (provisional) against the U.S. dollar on Thursday (November 7, 2024), as weak domestic equities and sustained foreign fund outflows dented market sentiment. Forex traders said investors were also cautious ahead of the…

Read More “Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar” »

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