The rupee appreciated 5 paise to 83.44 towards the US greenback in early commerce on Monday, because the American forex and crude oil costs retreated from their elevated ranges. Foreign exchange merchants mentioned overseas fund inflows additionally aided buyers’ sentiments and supported the rupee. On the interbank overseas alternate market, the native unit opened at … Read more
The rupee depreciated 11 paise to settle at 83.45 (provisional) towards the US greenback on Monday, monitoring rising crude oil costs in worldwide markets. Nonetheless, a agency development in home fairness markets, constructive manufacturing PMI knowledge and a weak US greenback towards main currencies abroad capped the sharp fall, foreign exchange merchants stated. On the … Read more
The rupee witnessed range-bound buying and selling in opposition to the US greenback in early commerce on Monday, amid a damaging development within the home fairness market. Foreign exchange merchants mentioned the energy of the American forex within the abroad market and elevated crude oil costs additionally weighed on the native unit and restricted the … Read more
The rupee paired its preliminary good points and settled 1 paisa decrease at 83.44 (provisional) towards the US greenback on Wednesday in sink with the home fairness markets that turned uneven on the fag-end of the session. Foreign exchange merchants stated the gaining momentum within the native unit was snapped by a agency American foreign … Read more
The rupee depreciated 10 paise to 83.50 towards the US greenback in early commerce on Monday, largely because of the rise within the greenback index and US yields. Foreign exchange merchants mentioned uncertainty amongst market gamers was down as Narendra Modi was sworn in as Prime Minister on Sunday for a record-equalling third time period. … Read more
The rupee appreciated by 3 paise to 83.10 towards the US greenback on Tuesday, monitoring a constructive pattern in home equities and weak point of the American forex within the abroad market. Foreign exchange merchants rupee is prone to commerce with a constructive bias monitoring a constructive pattern in home equities and expectations of contemporary … Read more
The rupee depreciated 9 paise to 83.27 in opposition to the US greenback on Wednesday, monitoring a damaging pattern in home equities and elevated crude oil costs. Foreign exchange merchants mentioned the native unit confronted some resistance as a result of subdued sentiment within the home fairness market and strengthening of the American forex within … Read more
The rupee appreciated 5 paise to 83.24 towards the US greenback in early commerce on Friday boosted by strong sentiment in home fairness markets and a downward development within the crude oil costs abroad. Foreign exchange merchants mentioned, nonetheless, robust American foreign money and unabated outflow of international capital weighed on the native unit. Additionally, … Read more
The rupee appreciated 6 paise to shut at 83.31 towards the US greenback on Tuesday following a weak buck towards main currencies abroad and softening crude oil costs in worldwide markets. Nevertheless, a sluggish pattern within the home fairness markets restricted the sharp upside within the native forex, foreign exchange merchants stated. On the interbank … Read more
The rupee consolidated in a slender vary and settled for the day on a flat observe, larger by 2 paise at 83.50 (provisional) in opposition to the US greenback on Thursday, on weak home markets and a robust American foreign money. Foreign exchange merchants stated huge international fund outflows dented traders’ sentiments. On the interbank … Read more