Rupee sees range-bound commerce in morning session

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

Yen clings to sharp beneficial properties after suspected intervention, Fed in focus

The yen held its line in opposition to the greenback on Tuesday after making sharp beneficial properties the day before today in strikes that merchants stated had been sparked by suspected intervention by Japanese authorities. The Japanese foreign money was buying and selling a contact decrease 0.16% at 156.56 per greenback, however was effectively off … Read more

Rupee turns flat at 83.43 in opposition to US greenback in early commerce

The rupee traded on a flat word at 83.43 in opposition to the US greenback in early commerce on Thursday amid a powerful dollar after the American central financial institution determined to maintain rate of interest unchanged. Foreign exchange merchants stated that an upward motion within the crude oil costs additionally pressured the Indian forex. … Read more

Rupee ends barely increased, aided by yuan’s uptick, greenback’s slip

The rupee ended marginally increased on Wednesday, aided by a slight uptick within the offshore Chinese language yuan and a pullback within the greenback index. The rupee ended at 83.1225 towards the US greenback, in contrast with its shut at 83.15 within the earlier session. The greenback index was down 0.4 per cent at 103.07, … Read more