Image for representation purpose only. | Photo Credit: Getty Images The rupee consolidated in a narrow range and settled 2 paise lower at 82.82 (provisional) against the U.S. dollar on Thursday. Traders said the domestic unit traded in a narrow range amid softening crude oil prices and weak dollar. At the interbank forex market, the […]
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Image for representative purpose only The rupee depreciated 5 paise to 82.75 against the U.S. dollar in early trade on Wednesday, December 21, 2022, as the strengthening of the American currency against key rivals overseas and firm crude prices in global markets weighed on the local unit. However, a higher opening in domestic equities supported […]
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Image for representation purpose only. | Photo Credit: Getty Images The rupee appreciated 34 paise to close at 81.38 (provisional) against the U.S. dollar on November 30 as a weak greenback in the overseas market and a rally in domestic equities boosted investor sentiment. At the interbank foreign exchange market, the local unit opened at […]
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Image for representation purpose only. | Photo Credit: Reuters The rupee depreciated 7 paise to close at 81.81 (provisional) against the U.S. dollar on Monday, tracking the strength of the American currency in the overseas markets and a muted trend in domestic equities. At the interbank foreign exchange market, the local unit opened at 81.84 […]
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A negative trend in domestic equities and elevated crude oil prices sapped investor appetite, forex traders said. A negative trend in domestic equities and elevated crude oil prices sapped investor appetite, forex traders said. The rupee depreciated 16 paise to an all-time low of 82.33 against the U.S. dollar in early trade on October 7, […]
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Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Economic Affairs Secretary Ajay Seth on Tuesday dismissed the concerns over the depletion of forex reserve as “overblown” and said India […]
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After a positive beginning, the 30-share BSE Sensex climbed 461.82 points to 57,607.04 in initial trade After a positive beginning, the 30-share BSE Sensex climbed 461.82 points to 57,607.04 in initial trade The rupee appreciated 37 paise to 81.30 against the U.S. dollar in early trade on September 27, 2022 as the American currency retreated […]
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Surge in crude oil prices and mixed to negative domestic equity markets restricted the rupee’s movement, says expert Surge in crude oil prices and mixed to negative domestic equity markets restricted the rupee’s movement, says expert The rupee consolidated in a narrow range and depreciated 2 paise to close at 79.81 (provisional) against the United […]
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Brent crude futures, the global oil benchmark, slipped 0.06% to $92.28 per barrel Brent crude futures, the global oil benchmark, slipped 0.06% to $92.28 per barrel The rupee gained 29 paise to settle at 79.45 (provisional) against the United States dollar on Wednesday as heavy buying in domestic equities and persistent foreign capital inflows strengthened […]
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The rupee started the session on a flat note against the U.S. dollar on July 13 amid a rally in the equity markets and easing retail inflation. A strong greenback against major currencies and foreign capital outflows kept investors cautious in early trading, forex dealers said. At the interbank foreign exchange, the rupee opened strong […]
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