[ad_1] File. | Photo Credit: Reuters The rupee depreciated 11 paise to close at 82.03 (provisional) against the U.S. currency on March 8 as a strong dollar in the overseas market weighed on investor sentiments. Forex traders said the Dollar index gained strength after U.S. Federal Reserve Chairman Jerome Powell reignited worries of a 50-bps […]
Continue Reading
[ad_1] File. | Photo Credit: PTI The rupee appreciated by 5 paise to close at 81.92 (provisional) against the U.S. dollar on March 6, as a positive trend in domestic equities and fresh foreign fund inflows boosted investor sentiments. At the interbank foreign exchange market, the local unit opened at 81.85 against the American currency […]
Continue Reading
[ad_1] Photo used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 63 paise to close at a one-month high of 81.97 (provisional) against the U.S. dollar on Friday, as fresh foreign fund inflows and positive domestic equities supported investor sentiments. Forex traders said positive PMI services data also boosted investor sentiments. […]
Continue Reading
[ad_1] Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated by 8 paise to close at 82.50 (provisional) against the U.S. dollar on Wednesday, as a positive trend in domestic equities and easing crude oil prices supported investor sentiments. At the interbank foreign exchange market, the local unit opened at […]
Continue Reading
[ad_1] File. | Photo Credit: Reuters The rupee gained 22 paise to 82.36 against the U.S. dollar in early trade on March 1 amid a positive trend in domestic equities. Forex traders said sustained foreign fund outflows weighed on the local unit and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit […]
Continue Reading
[ad_1] Photo used for representational purpose only. | Photo Credit: AP The rupee depreciated 10 paise to close at 82.74 (provisional) against the U.S. currency on Friday, as the strength of the American currency in the overseas market and a muted trend in domestic equities weighed on investor sentiments. At the interbank foreign exchange market, […]
Continue Reading
[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 […]
Continue Reading
[ad_1] The rupee pared most of its initial losses to close down by 4 paise at 82.82 (provisional) against the U.S. currency on February 15 on lower trade deficit data for the month of January. Forex traders said a stronger American currency in the overseas markets capped the appreciation bias. At the interbank foreign exchange […]
Continue Reading
[ad_1] File image. | Photo Credit: Reuters The rupee declined 20 paise to close at 82.85 (provisional) against the U.S. dollar on December 27, pressured by month-end dollar demand from importers and foreign capital outflows. At the interbank foreign exchange market, the rupee opened lower at 82.71 against the greenback and witnessed an intraday high […]
Continue Reading
[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 […]
Continue Reading