The rupee witnessed range-bound commerce within the morning session on Thursday and appreciated by 2 paise to 83.97 towards the US greenback, amid a constructive pattern in home equities and international fund inflows. Foreign exchange merchants mentioned the rupee continues to carry regular inside a well-defined vary on energetic intervention by the Reserve Financial institution … Read more
The Indian rupee stayed agency for the second straight session and settled 8 paise larger at 83.79 (provisional) in opposition to the US greenback on Tuesday, buoyed by optimistic home fairness markets, weak American forex and decrease crude oil costs. Foreign exchange merchants mentioned, overseas fund outflow, nonetheless, resisted a pointy rise within the native … Read more
Rupee declined to its weakest degree on document on Friday, pressured by greenback demand from native oil firms, custodial banks and tepid danger sentiment. The rupee was at 83.7175 towards the US greenback as of 10:35 am, having slipped to a document low of 83.7250 in early commerce. The forex had closed at 83.6975 within … Read more
The rupee appreciated by 6 paise to 83.31 in opposition to the US greenback on Tuesday, amid softening crude oil costs within the worldwide market. Additionally learn:Foreign money market as we speak: Rupee rises 17 paise to shut at 83.33 in opposition to US greenback Foreign exchange merchants stated, nonetheless, the native unit confronted some … Read more
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
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
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
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
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
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