At the interbank foreign exchange market, Rupee opened at 84.06 against the greenback and stayed almost flat throughout the session. File | Photo Credit: The Hindu The Rupee on Monday (October 21, 2024) settled flat at 84.07 (provisional) against the U.S. dollar amid strong American currency against major rivals overseas and relentless foreign fund outflows. … Read more
“The Indian Rupee remained steady as the RBI left repo rate and CRR unchanged at 6.5% and 4.5%, respectively,” said Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas. | Photo Credit: The Hindu The Rupee traded in a narrow range and settled for the day higher by just one paisa at 83.96 (provisional) … Read more
Mumbai: The rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the US dollar on Thursday amid surging crude oil prices due to renewed geopolitical tensions in the Middle East, even though the domestic equity markets hit fresh peaks. According to forex traders, inflow of foreign capital and positive … Read more
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
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
