crude oil prices

RBI MPC Assembly 2024 Reside Updates: RBI anticipated to maintain repo charge unchanged at 6.5% on sticky meals inflation

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RBI Financial Coverage, RBI MPC Assembly Reside Updates August 2024: The Reserve Financial institution of India’s Financial Coverage Committee (MPC) is anticipated to maintain the repo charge unchanged at 6.5% in its August 2024 assembly. Inflation breaching the 5% mark in June and protracted strain on the headline charge from elevated meals costs to doubtless … Read more

Rupee range-bound towards US greenback in early commerce

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The rupee was buying and selling in a slim vary towards the US greenback in early commerce on Friday, because the assist from sustained international fund inflows was negated by greenback demand from international traders and oil corporations. Foreign exchange merchants stated a bounce again in crude oil costs weighed on the rupee. Furthermore, weak … Read more

Rupee As we speak: Rupee slips 17 paise to settle at over 2-month low of 83.61 towards US greenback

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The rupee plunged 17 paise to settle at over two-month low degree of 83.61 (provisional) towards the US greenback on Thursday amid surging crude oil costs because of renewed geopolitical tensions within the Center East, despite the fact that the home fairness markets hit recent peaks. Based on foreign exchange merchants, influx of international capital … Read more

Rupee settles 3 paise increased at 83.56 towards US greenback

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Rupee appreciated 3 paise to shut at 83.56 (provisional) towards the US greenback on Wednesday, on optimistic home markets, whereby the benchmark delicate index Nifty touched a recent all-time excessive. Foreign exchange merchants mentioned the rupee traded in a slim vary as all eyes had been on the US Could CPI print and the US … Read more

Rupee ends marginally greater at 83.51 in opposition to US Greenback

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The rupee consolidated in a slim vary and settled greater by 1 paisa at 83.51 in opposition to the US greenback on Tuesday amid softening crude oil costs within the worldwide market. Foreign exchange merchants stated a adverse pattern in home equities and important overseas fund outflows stored the Indian foreign money underneath stress. On … Read more

Rupee settles on flat be aware at 83.51 towards US greenback

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The rupee settled for the day on a flat be aware at 83.51 (provisional) towards the US greenback on Wednesday, because the assist from easing crude oil costs was negated by sturdy greenback demand. Foreign exchange merchants mentioned a muted pattern in home equities and important overseas fund outflows dented traders’ sentiments. On the interbank … Read more

Rupee falls 3 paise to settle at 83.46 towards US greenback

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The rupee stayed range-bound and closed 3 paise decrease at 83.46 (provisional) towards the US greenback on Thursday amid a powerful American forex and rising crude oil costs in world markets. Foreign exchange merchants stated optimistic sentiment within the home fairness markets and the influx of overseas capital capped a pointy fall within the home forex. On … Read more

Rupee rises 6 paise to shut at 83.55 towards US greenback

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The rupee rebounded from its all-time low ranges and appreciated 6 paise to shut at 83.55 (provisional) towards the US greenback on Thursday, because the American foreign money and brent crude oil costs retreated from their elevated ranges. Additionally learn:Rupee rises 12 paise to 83.49 towards US greenback in early commerce On the interbank overseas … Read more

Rupee rises 11 paise to 83.42 in opposition to US greenback in early commerce

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The rupee witnessed a rebound in early commerce on Thursday and appreciated 11 paise to 83.42 in opposition to the US greenback, supported by constructive home equities. Elevated crude oil costs and sustained international fund outflows additionally dented investor sentiments, foreign exchange merchants stated. Additionally learn: Rupee falls 3 paise to shut at 83.45 in … Read more

Rupee falls 7 paise to shut at 83.36 in opposition to US greenback

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The rupee declined by 7 paise to shut at 83.36 (provisional) in opposition to the US greenback on Wednesday, monitoring a robust American forex in opposition to main rivals abroad and weak Asian friends. Nevertheless, a surge in home markets and a decline in crude oil costs cushioned the draw back, foreign exchange merchants stated. … Read more