During the trading session, the rupee touched a high of 82.63 and a low of 82.75 against the dollar. File. | Photo Credit: PTI The rupee appreciated by 15 paise to close at 82.64 (provisional) against the U.S. dollar on Tuesday, ahead of the release of key domestic macroeconomic data. Forex traders said the central […]
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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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Douglas W. Diamond, the winner of the 2022 Nobel Prize in economics. | Photo Credit: PTI Douglas W. Diamond, winner of this year’s Nobel Memorial Prize in Economic Sciences, says it is difficult to predict exchange rates but the rupee should stabilise once the U.S. “reduces the speed of its rate increases”. In an email […]
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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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