Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated by 13 paise to close at 82.70 (provisional) against the U.S. currency on Thursday, supported by broad dollar weakness and a positive trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments. […]
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Image for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 12 paise to 82.90 against the U.S. dollar in early trade on February 15, weighed down by a strong American currency after the U.S. inflation data for January stoked worries that the Federal Reserve will keep interest rates higher for longer. A […]
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Illustration for representation | Photo Credit: Getty Images The Indian rupee ended 2022 as the worst-performing Asian currency with a fall of 11.3%, its biggest annual decline since 2013, as the dollar rocketed on the U.S. Federal Reserve’s aggressive monetary policy stance to tame inflation. The rupee finished the year at 82.72 to the U.S. […]
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Image for representation | Photo Credit: Reuters The rupee gained 14 paise to close at 82.73 (provisional) against the U.S. dollar in the last trading session of 2022, as the American currency retreated from its elevated levels and a rising appetite for riskier assets among investors. ALSO READ | Indian rupee ends 2022 as worst-performing […]
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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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The rupee weakened by 11 paise to 82.73 against the US dollar in early trade on Tuesday, December 20, 2022 as a sell-off in domestic equities and rising crude prices in global markets weighed on the local unit. However, a weak greenback against major rivals overseas supported the domestic currency and restricted the fall, forex […]
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Image for representation only | Photo Credit: SUDERSHAN V The rupee dropped 9 paise to close at 82.85 (provisional) against the U. S. dollar on Friday amid heavy selling pressure in domestic equities and a strong greenback overseas. However, receding crude oil prices capped the rupee’s loss, forex traders said. At the interbank foreign exchange […]
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Photo used for representational purpose only. File | Photo Credit: Reuters The rupee declined by 27 paise to close at 82.76 (provisional) against the U.S. dollar on Thursday after the U.S. Federal Reserve’s interest rate hike and its hawkish stance dented investor sentiments. A massive sell-off in domestic equities and a strong greenback overseas also […]
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