The rupee touched a high of 81.99 and a low of 82.14 against the dollar on March 9. | Photo Credit: V Sudershan The rupee pared its initial losses to settle 4 paise higher at 82.02 (provisional) against the U.S. dollar on Friday, tracking the weakness of the American currency in the overseas market. At […]
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The rupee appreciated by 15 paise to close at 82.73 (provisional) against the U.S. dollar on Thursday, tracking its regional peers and lower crude oil prices. Forex traders said a muted trend in domestic equities and foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange market, the […]
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The rupee depreciated 18 paise to close at 81.85 (provisional) against the U.S. dollar on Wednesday on dollar demand from importers and recovery in crude oil prices. Forex traders said sustained foreign fund outflows and concerns over rising COVID-19 cases in China also weighed on investor sentiments. At the interbank foreign exchange market, the local […]
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Nirmala Sitharaman says the RBI and the Finance Ministry are keeping a very close watch on the situation Nirmala Sitharaman says the RBI and the Finance Ministry are keeping a very close watch on the situation Finance Minister Nirmala Sitharaman on Saturday said the rupee has “held back very well” against the United States dollar […]
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“USD-INR spot price is expected to trade in a range of ₹79 to ₹80.50 in the next couple of sessions.” “USD-INR spot price is expected to trade in a range of ₹79 to ₹80.50 in the next couple of sessions.” The rupee declined by 7 paise to close at 79.78 (provisional) against the U.S. dollar […]
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The rupee is expected to trade on a negative note on risk aversion in domestic markets and continued selling pressure from foreign institutional investors (FIIs). The rupee is expected to trade on a negative note on risk aversion in domestic markets and continued selling pressure from foreign institutional investors (FIIs). The rupee plunged by 46 […]
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On Thursday, the rupee had settled at 78.32 against the U.S. dollar. On Thursday, the rupee had settled at 78.32 against the U.S. dollar. The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 (provisional) against the U.S. dollar. At the interbank foreign exchange market, the local currency opened at […]
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The dollar index, which gauges the greenback’s strength against a basket of six currencies, strengthened by 0.05%. The dollar index, which gauges the greenback’s strength against a basket of six currencies, strengthened by 0.05%. The rupee declined by 27 paise to a record low of 78.40 (provisional) against the U.S. dollar on Wednesday due to […]
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Forex traders said the rupee consolidated in a narrow range. Forex traders said the rupee consolidated in a narrow range. The rupee inched 2 paise higher to close at 77.59 (provisional) against U.S. dollar on Friday, supported by positive domestic equities and weakness of the American currency overseas. Forex traders said the rupee consolidated in […]
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