Rupee fell to 84.94 on Wednesday (May 7, 2025) but closed at 84.8250 and opened slightly stronger. File | Photo Credit: Reuters The Rupee gained 23 paise to 84.54 against the U.S. dollar in early trade on Thursday (May 8, 2025), as the U.S. Federal Reserve kept the federal fund rate steady. Forex traders said […]
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Image for representation | Photo Credit: V. Sudershan The rupee gained 21 paise to 82.62 against the U.S. dollar in early trade on Thursday supported by broad dollar weakness and a firm trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments. At the interbank foreign […]
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Image for representation | Photo Credit: Reuters The rupee gained 14 paise to close at 82.73 (provisional) against the U.S. dollar in the last trading session of 2022, as the American currency retreated from its elevated levels and a rising appetite for riskier assets among investors. ALSO READ | Indian rupee ends 2022 as worst-performing […]
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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 exchange […]
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At the interbank foreign exchange, the rupee opened strong at 82.32 against the dollar, then lost some ground to quote at 82.34, a gain of 6 paise over its previous close. At the interbank foreign exchange, the rupee opened strong at 82.32 against the dollar, then lost some ground to quote at 82.34, a gain […]
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On Monday, the rupee depreciated by 11 paise to close at 82.30 against the U. S. dollar On Monday, the rupee depreciated by 11 paise to close at 82.30 against the U. S. dollar The rupee appreciated 22 paise to 82.08 against the U. S. dollar in early trade on Tuesday, tracking positive domestic equities […]
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Risk aversion sentiment among investors and weak Asian and emerging market currencies weighed on the rupee Risk aversion sentiment among investors and weak Asian and emerging market currencies weighed on the rupee The rupee depreciated 14 paise to 82.35 against the U.S. dollar in the morning trade on Wednesday amid the strengthening of the American […]
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At the interbank foreign exchange, the rupee opened at 81.90 against the dollar, then fell to 81.93, registering a fall of 40 paise over its previous closing At the interbank foreign exchange, the rupee opened at 81.90 against the dollar, then fell to 81.93, registering a fall of 40 paise over its previous closing The […]
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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 […]
Continue ReadingThe rupee on May 17 recovered from its all-time intra day low of 77.79 to close higher by 7 paise on a stellar rally in domestic stock markets. After opening lower at 77.67, the local unit plunged further to its all-time intra-day low of 77.79 due to a spike in crude oil prices and disappointing […]
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