Image used for representational purpose only. | Photo Credit: V. Sudershan The rupee depreciated 10 paise to close at 82.31 (provisional) against the U.S. currency on Monday as a strong American currency in the overseas market and firm crude oil prices weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened at […]
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The rupee touched a high of 81.99 and a low of 82.14 against the dollar on March 9. | Photo Credit: V Sudershan The rupee pared its initial losses to settle 4 paise higher at 82.02 (provisional) against the U.S. dollar on Friday, tracking the weakness of the American currency in the overseas market. At […]
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A cashier checks Indian rupee notes. File | Photo Credit: Reuters The rupee depreciated by 10 paise to settle at 82.89 (provisional) against the U.S. dollar on Wednesday, as intense selling pressure in domestic equities and a strong greenback overseas dented the sentiment. However, a sharp decline in crude oil prices in the international market […]
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Image used for representational purpose only. | Photo Credit: S.R. Raghunathan The rupee appreciated 16 paise to 82.71 against the U.S. dollar in early trade on Friday, tracking a firm trend in domestic equities. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, […]
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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 domestic […]
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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 used for representational purpose. | Photo Credit: Special Arrangement The rupee depreciated 4 paise to 82.80 against the U.S. dollar in early trade on December 16 due to losses in domestic equities and risk aversion in global markets. However, a weak greenback overseas supported the domestic currency and restricted the decline, forex traders said. […]
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Image used for representational purpose only. | Photo Credit: Special Arrangement The rupee depreciated 15 paise to 82.64 against the U.S. dollar in early trade on December 15 after the U.S. Federal Reserve’s interest rate hike and its hawkish stance dented investor sentiments. A strong dollar against key rivals overseas and losses in the domestic […]
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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 containing […]
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Image used for representational purposes only. | Photo Credit: Special Arrangement The rupee appreciated 16 paise to 81.54 against the U.S. dollar in early trade on Friday on broad dollar weakness and in line with its Asian peers. At the interbank foreign exchange, the domestic unit opened at 81.69 against the dollar, then gained ground […]
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