[ad_1] The local currency recovered on suspected RBI intervention after hitting a record low of ₹83.29 during the session. The local currency recovered on suspected RBI intervention after hitting a record low of ₹83.29 during the session. The rupee rebounded from its lifetime lows to close 25 paise higher at ₹82.75 (provisional) against the U.S. […]
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[ad_1] Rupee opened on a positive note at 81.52, then pared all the gains to settle at an all-time low of 81.94 against U.S. dollar, registering a decline of 32 paise over its previous close Rupee opened on a positive note at 81.52, then pared all the gains to settle at an all-time low of […]
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[ad_1] The dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.26% to 110.05. The dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.26% to 110.05. The rupee pared its initial gains and settled 2 paise lower at 79.80 (provisional) against the U.S. dollar […]
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[ad_1] The rupee appreciated on positive domestic equities and a weak U.S. dollar. The rupee appreciated on positive domestic equities and a weak U.S. dollar. The rupee appreciated 12 paise to close at ₹79.57 (provisional) against the U.S. dollar on Friday, tracking positive domestic equities and foreign fund inflows. At the interbank forex market, the […]
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[ad_1] The rupee declined by 7 paise to close at ₹79.89 (provisional) against the U.S. dollar on Wednesday tracking a strong dollar in overseas markets and losses in the domestic equities. At the interbank foreign exchange market, the domestic currency opened at ₹79.93 per dollar. It hovered in a range of ₹79.84 to ₹79.94 during […]
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[ad_1] The Indian rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve’s interest rate stance overshadows Reserve Bank of India’s intervention, Societe General suggested in a note on Friday. “The RBI is likely to intervene at key levels such as 80,” Kunal Kundu, economist at Societe Generale, wrote […]
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[ad_1] The dollar index, which measures the greenback’s strength against a basket of six currencies, was down 0.50% at 108.13. The dollar index, which measures the greenback’s strength against a basket of six currencies, was down 0.50% at 108.13. The rupee declined by 7 paise to close at ₹79.93 (provisional) after moving in a narrow […]
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[ad_1] Forex traders said the rupee is likely to trade on a mixed note in the near term and the recovery in domestic markets from lower levels and FII inflows may support the local unit. Forex traders said the rupee is likely to trade on a mixed note in the near term and the recovery […]
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[ad_1] The Rupee declined 13 paise on Wednesday to weaken further against the U.S. dollar amidst a strong dollar demand from importers The Rupee declined 13 paise on Wednesday to weaken further against the U.S. dollar amidst a strong dollar demand from importers The rupee declined 13 paise to close below the 80 mark for […]
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[ad_1] Fresh foreign capital inflows supported the local unit. Fresh foreign capital inflows supported the local unit. The rupee recovered 8 paise to settle at 79.91 (provisional) against the U.S. currency on Friday, tracking heavy buying in domestic equities and weakness in the greenback overseas. Besides, fresh foreign capital inflows also supported the local unit, […]
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