[ad_1] Image used for representational purpose only. | Photo Credit: Reuters The rupee declined 9 paise to 82.74 against the U.S. dollar in early trade on December 27 as rising crude prices weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers said. At the interbank foreign exchange, the […]
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[ad_1] File image. | Photo Credit: Reuters The rupee appreciated 17 paise to close at 82.65 (provisional) against the U.S. dollar on December 26, tracking positive domestic equities and the weakening of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 82.79 and touched an intra-day […]
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[ad_1] Image for representation purpose only. | Photo Credit: Getty Images The rupee gained 15 paise to settle at 82.45 (provisional) against the U.S. dollar on Wednesday, as a positive trend in domestic equities and easing inflationary pressures strengthened investor sentiment. Besides, a weak greenback against its major rivals overseas and softening crude oil prices […]
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[ad_1] File image. | Photo Credit: Reuters The rupee declined by 36 paise to close at 82.87 (provisional) against the U.S. dollar on December 13, weighed down by persistent foreign capital outflows from the capital markets. Risk aversion sentiment among investors ahead of the U.S. Federal Reserve’s interest rate decision also impacted trading, Forex dealers […]
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[ad_1] File image. | Photo Credit: PTI The Reserve Bank of India (RBI) net sold $33.42 billion in the foreign exchange market in the first six months of current fiscal to defend the rupee from excessive volatility. The Central Bank closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by […]
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[ad_1] File image for representation. | Photo Credit: Reuters The rupee declined 25 paise to close at 82.53 (provisional) against the US dollar on Monday, pressured by a lacklustre trend in the domestic equity markets and foreign capital outflows ahead of macroeconomic data announcements. Forex traders said risk-off sentiment in global markets also weighed on […]
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[ad_1] File image. | Photo Credit: AP The rupee appreciated by 10 paise to close at 82.28 (provisional) against the U.S. dollar on December 9, tracking the weakening of the American currency in the overseas market. Forex traders said muted domestic equities and foreign fund outflows weighed on investor sentiments and restricted the gains. At […]
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[ad_1] File image. | Photo Credit: Reuters The rupee pared its initial gains to settle down by 47 paise at 81.80 (provisional) against the U.S. dollar on December 5 weighed down by weak domestic markets and rise in crude oil prices. Forex traders said a weak dollar in the overseas market cushioned the downside for […]
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[ad_1] File image. | Photo Credit: AP The rupee pared its initial gains and settled down by 9 paise at 81.35 (provisional) against the U.S. dollar on December 2 as the support from weak dollar was negated by weak domestic markets and a surge in crude oil prices. Forex traders said foreign fund outflows also […]
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[ad_1] File image. | Photo Credit: Reuters The rupee appreciated by 8 paise to close at 81.22 (provisional) against the U.S. dollar on December 1 on broad dollar weakness after Federal Reserve Chairman Jerome Powell said the pace of interest rate hikes may slow. Forex traders said foreign fund inflows and a rally in domestic […]
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