currency market today

Forex Market As we speak: Rupee to carry above 83.50 in opposition to US greenback; awaits RBI financial coverage, US jobs information

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Rupee is anticipated to open broadly unchanged on Friday, holding close to to a key degree and awaiting the Reserve Financial institution of India’s coverage choice and the US non-farm payroll report. Non-deliverable forwards point out rupee will largely be flat from 83.4725 within the earlier session. Additionally learn: Sensex, Nifty prone to open flat; … Read more

Forex Market At the moment: Rupee plunges 45 paise to shut at 83.59 in opposition to US greenback on election outcomes day

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The rupee tumbled 45 paise to shut at 83.59 (provisional) in opposition to the US greenback on Tuesday because the ruling BJP is unlikely to muster an absolute majority within the Lok Sabha elections. Apart from, a large sell-off in home equities and a robust dollar in opposition to main currencies abroad added to the … Read more

Foreign money Market Right this moment: Rupee falls 2 paise to 83.42 in opposition to US greenback in early commerce

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The rupee slipped 2 paise to 83.42 in opposition to the US greenback in early commerce on Thursday, monitoring the outflow of international capital amid unstable home fairness markets. Foreign exchange merchants mentioned a powerful American foreign money additionally weighed on the native unit at the same time as retreating crude oil costs capped the … Read more

Rupee Right this moment: Rupee jumps 18 paise to shut at 83.11 towards US greenback

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The rupee rallied for the fourth consecutive buying and selling session on Friday and appreciated by 18 paise to settle at 83.11 (provisional) towards the US greenback on recent overseas fund inflows and suspected intervention by the RBI. Foreign exchange merchants attributed the rally to the ₹2.11 lakh crore file dividend by the RBI to … Read more

Forex Market At the moment: Rupee settles at over 2-month excessive of 83.10 on sturdy FPI fairness inflows

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The rupee settled at an over two-month excessive of 83.10 in opposition to the greenback on Friday, its highest degree since March 19, largely led by sustained greenback gross sales on the again of heavy FPI inflows. After opening at a six-week excessive of 83.26, FPI greenback gross sales led to sustained momentum within the rupee … Read more

Foreign money Market Right this moment: Rupee rises 3 paise to shut at 83.28 towards US greenback

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The rupee appreciated by 3 paise to settle at 83.28 (provisional) towards the US greenback on Wednesday amid softening crude oil costs. Additionally learn: Crude oil declines as trade report signifies rise in US stock Foreign exchange merchants stated the native unit consolidated in a slim vary weighed down by international fund outflows. On the … Read more

Foreign money market as we speak: Rupee opens on flat observe towards US greenback in early commerce

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The rupee opened on a flat observe towards the US greenback in early commerce on Tuesday, weighed down by the power of the American foreign money within the abroad market and elevated crude oil costs. Additionally learn:Rupee falls 1 paisa to shut at 83.52 towards US greenback Foreign exchange merchants stated the rupee stays underneath … Read more

Rupee in a slender vary towards US greenback in early commerce

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The rupee was buying and selling in a slender vary towards the US greenback in early commerce on Wednesday, as market contributors remained cautious forward of the interim funds that shall be launched on February 1. Foreign exchange merchants mentioned the rupee was buying and selling in a slender vary because the power of the … Read more