The rupee depreciated 3 paise to 82.76 against the U.S. dollar in early trade. Fie | Photo Credit: The Hindu The rupee depreciated 3 paise to 82.76 against the U.S. dollar in early trade on Tuesday, weighed down by a strong American currency . Forex traders said the rupee is trading in a narrow range […]
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Image for representation | Photo Credit: V. Sudershan The rupee gained 21 paise to 82.62 against the U.S. dollar in early trade on Thursday supported by broad dollar weakness and a firm trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments. At the interbank foreign […]
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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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Image used for representative purpose | Photo Credit: Getty Images/iStockphoto The rupee depreciated 4 paise to 82.64 against the US dollar in early trade on Wednesday as a strengthening greenback overseas and risk-off sentiment among investors ahead of the US Fed’s interest rate decision weighed on the local unit. However, a firm trend in 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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The rupee appreciated 8 paise to 81.25 against the U.S. dollar in early trade. File | Photo Credit: The Hindu The rupee appreciated 8 paise to 81.25 against the U.S. dollar in early trade on Monday supported by a weak dollar in the overseas market. Forex traders said weak domestic equities weighed on the local […]
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A view of the Reserve Bank of India (RBI) headquarters, in Mumbai. File. | Photo Credit: PTI In the second consecutive week of an increase in the kitty, India’s forex reserves have grown by $2.537 billion to $547.252 billion for the week ended November 18, the RBI said on Friday. In the previous reporting week, […]
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The rupee appreciated 14 paise to 81.65 against the U.S. dollar in early trade. File | Photo Credit: Reuters The rupee appreciated 14 paise to 81.65 against the U.S. dollar in early trade on Tuesday as the American currency retreated from its elevated levels. Forex traders said foreign fund outflows and a muted trend in […]
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