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

The rupee settled at an over two-month excessive of 83.10 in opposition to the greenbackĀ 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

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