Rupee finally settled at 83.50 (provisional), higher by one paisa from its previous close. | Photo Credit: Reuters The Rupee inched up one paisa to settle at 83.50 (provisional) against the U.S. dollar on May 15 as the American currency retreated from its elevated level. However, sustained foreign fund outflows and a weak trend in … Read more
Mumbai: The rupee was trading in a narrow range against the US dollar in early trade on Friday, as the support from positive domestic equities was negated by elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market and significant foreign fund outflows dented investors’ sentiments. At the … Read more
Rupee hit an intra-day high of 83.47 and a low of 83.52 against the greenback. | Photo Credit: The Hindu The Rupee consolidated in a narrow range and settled higher by one paisa at 83.51 against the U.S. dollar on May 7, amid a negative trend in domestic equities and strong dollar demand. Forex traders … Read more
At the interbank foreign exchange market, the local unit opened at 83.29, registering a gain of two paise from its previous close. | Photo Credit: The Hindu The Rupee was trading in a narrow range against the U.S. dollar in early trade on April 24, as the support from positive domestic equities was negated by … Read more
On April 15, the Rupee declined six paise to settle at 83.44 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated nine paise to 83.53 against the U.S. dollar in early trade on April 16, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative … Read more
Image for representational purposes only. | Photo Credit: Getty Images The rupee declined by 3 paise to settle at 82.92 (provisional) against the U.S. dollar on February 28, tracking bearish equity markets and foreign fund outflow amid increased month-end demand for the American currency. Forex analysts said that softening crude oil prices provided a cushion … Read more
Mumbai: The rupee rose 1 paisa in a range-bound trade to close at 83.11 (provisional) against the US dollar on Thursday, as the support from weak American currency overseas was negated by rising crude oil prices. Forex traders said the rupee is trading in a narrow range as muted domestic equities and sustained foreign fund … Read more
