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 flat as importer greenback demand erodes rise to close two-week excessive

The Indian rupee ended little modified on Tuesday as greenback demand from importers pulled the South Asian forex again from the close to two-week excessive it hit throughout the session. The rupee closed at 83.3425 towards the U.S. greenback, barely modified from its shut at 83.3625 within the earlier session. Whereas the native unit rose … Read more

Rupee sinks to report closing low of 83.54 towards greenback

The rupee on Tuesday sank to a report closing low, weighed down by a robust greenback, rising geo-political tensions and sell-off by international portfolio buyers. The rupee closed 9 paise weaker at 83.54 per greenback towards the earlier shut of 83.45. The rupee breached its earlier intra-day low of ₹83.49 hit on November 10, 2023. … Read more

Rupee good points on possible greenback inflows, uptick in Asian friends

The Indian rupee strengthened on Wednesday, buoyed by power in its Asian friends and certain greenback inflows, whereas merchants awaited U.S. client inflation information due later within the day. The rupee was at 83.21 in opposition to the U.S. greenback as of 9:50 a.m. IST, up 0.1% in contrast with its shut at 83.3150 on … Read more

Rupee rises 12 paise to shut at 83.19 in opposition to US greenback

The rupee appreciated 12 paise to shut at 83.19 (provisional) in opposition to the US greenback on Wednesday, as fairness benchmarks climbing to all-time excessive ranges and a weak dollar in opposition to main currencies abroad boosted investor sentiment. Foreign exchange merchants mentioned the rising urge for food for riskier property supported the native foreign … Read more

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

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

Yen hits 34-year low as Greenback positive aspects momentum, Japanese intervention potential

The greenback climbed on Wednesday within the wake of extra robust U.S. financial information, nudging the Japanese yen to a 34-year low and into the zone that drew official market intervention in 2022. The yen traded at 151.97 per greenback within the Asia session, down about 0.2% and weaker than 151.94 the place Japanese authorities … Read more