foreign exchange market

Rupee rises 6 paise to close at 83.90 against U.S. dollar

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Rupee rises 6 paise to close at 83.90 against U.S. dollar

Forex traders said rupee trade was range-bound as the Reserve Bank of India (RBI) is maintaining a firm grip on the domestic currency. | Photo Credit: The Hindu The rupee witnessed range-bound trade and settled for the day higher by 6 paise at 83.90 (provisional) against the US dollar on Friday (September 13, 2024) supported … Read more

Rupee falls 3 paise to settle at 82.92 against U.S. dollar

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Rupee falls 3 paise to settle at 82.92 against U.S. dollar

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