Mumbai: The rupee fell 14 paise to an all-time low of 84.23 against the US dollar in early trade on Wednesday, dragged down by persistent foreign fund outflows and the strength of the American currency in the overseas market. Forex traders said with the US election underway, markets are already showing signs of volatility — … Read more
Mumbai: The rupee fell 1 paisa to close at an all-time low of 83.72 (provisional) against the US dollar on Thursday, dragged down by demand for the American currency in the overseas market and significant foreign fund outflows. Forex traders said the fall in domestic unit came on the heels of a significant downturn in … Read more
Mumbai: The rupee declined 3 paise to 83.69 against the US dollar on Tuesday after the government raised tax rates on capital gains in the FY25 Budget. Besides, a weak tone in the US dollar and weakness in crude oil prices also put pressure on the domestic unit, forex traders said. At the interbank foreign … Read more
Mumbai: The rupee traded on a flat note at 83.43 against the US dollar in early trade on Thursday amid a strong greenback after the American central bank decided to keep interest rate unchanged. Forex traders said that an upward movement in the crude oil prices also pressured the Indian currency. However, it found support … Read more
