[ad_1] Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated by 13 paise to close at 82.70 (provisional) against the U.S. currency on Thursday, supported by broad dollar weakness and a positive trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor […]
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[ad_1] Illustration for representation | Photo Credit: Getty Images The Indian rupee ended 2022 as the worst-performing Asian currency with a fall of 11.3%, its biggest annual decline since 2013, as the dollar rocketed on the U.S. Federal Reserve’s aggressive monetary policy stance to tame inflation. The rupee finished the year at 82.72 to the […]
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[ad_1] On Friday, the rupee dipped 3 paise to close at 82.82 against the dollar. | Photo Credit: AP The rupee on Monday started the session on a flat note against the U.S. dollar amid rising crude oil prices and persistent foreign capital outflows. At the interbank foreign exchange, the rupee opened at 82.79 against […]
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[ad_1] An India Rupee note is seen in this illustration photo | File Photo | Photo Credit: THOMAS WHITE The rupee on Friday traded flat against the U.S. currency in early trade amid steep losses in the domestic equity markets and firm crude oil prices. A weak U.S. dollar against leading world currencies and forex […]
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[ad_1] The rupee strengthened against the U.S. dollar in opening trade on Thursday due to a weak greenback in the overseas markets and early gains in domestic equity markets. Firm crude oil prices and forex outflows from capital markets, however, restricted the rupee’s gains, according to forex dealers. At the interbank foreign exchange market, the […]
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[ad_1] Image for representation only | Photo Credit: SUDERSHAN V The rupee dropped 9 paise to close at 82.85 (provisional) against the U. S. dollar on Friday amid heavy selling pressure in domestic equities and a strong greenback overseas. However, receding crude oil prices capped the rupee’s loss, forex traders said. At the interbank foreign […]
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[ad_1] Photo used for representational purpose only. File | Photo Credit: Reuters The rupee declined by 27 paise to close at 82.76 (provisional) against the U.S. dollar on Thursday after the U.S. Federal Reserve’s interest rate hike and its hawkish stance dented investor sentiments. A massive sell-off in domestic equities and a strong greenback overseas […]
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[ad_1] Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated 18 paise to 81.08 against the U.S. dollar in early trade on Friday supported by a weak dollar in the overseas market. Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit and restricted the […]
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[ad_1] Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated 26 paise to 81.67 against the U.S. dollar in early trade on Thursday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic unit opened at 81.72 against the dollar, then gained ground to […]
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[ad_1] Forex traders said factors like positive domestic equities and weakness in crude oil prices also supported the local unit. Forex traders said factors like positive domestic equities and weakness in crude oil prices also supported the local unit. The rupee appreciated 71 paise to ₹80.69 against the American currency in early trade on Friday, […]
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