The rupee depreciated 6 paise to settle at 83.39 (provisional) in opposition to the US greenback on Thursday resulting from a strengthening dollar in opposition to main rivals abroad and rising crude oil costs within the worldwide markets. Nevertheless, a agency pattern in home fairness markets and up to date overseas fund inflows supported the … Read more
The Commodity Contributors Affiliation of India has sought clarification from the banking regulator RBI whether or not purchasers with solely underlying publicity shall be allowed to commerce in foreign money futures buying and selling from April 5 and if that’s the case all of the open positions should be squared off earlier than the deadline. … Read more
The rupee appreciated by 2 paise to commerce at 82.84 in opposition to the US greenback within the opening session on Monday following international fund inflows. An uptick in crude oil costs and listless commerce in home shares capped rupee positive factors in opening commerce, foreign exchange sellers stated. The native foreign money moved in … Read more
The rupee rebounded 14 paise to 83.05 in opposition to the US forex in early commerce on Thursday because the greenback retreated from excessive ranges in international markets after the US Federal Reserve indicated three charge cuts this 12 months. On the interbank overseas trade market, the rupee opened robust at 83.07 in opposition to … Read more
The rupee declined 20 paise to 83.33 in opposition to the US greenback on Friday resulting from a stronger buck within the world markets and greenback shopping for by importers. On the interbank international trade market, the rupee opened decrease at 83.28 in opposition to the earlier shut of 83.13 to a greenback. The unit … Read more
The rupee appreciated 3 paise to 83.13 in opposition to the US greenback in early commerce on Tuesday, monitoring optimistic cues from home fairness markets and a weak American forex in opposition to main abroad rivals. Nevertheless, foreign exchange merchants stated the Indian forex remained underneath strain as a consequence of promoting of equities from … Read more
The rupee depreciated 1 paisa to settle at 82.82 (provisional) towards the US greenback on Thursday amid a robust buck towards main rivals abroad and rising crude oil costs. Nonetheless, a agency development in home fairness markets supported the native foreign money and restricted the autumn, foreign exchange merchants mentioned. On the interbank overseas change … Read more
The rupee declined by 5 paise to settle at 82.85 (provisional) towards the US greenback on Wednesday, monitoring a broad-based selloff in home markets. Foreign exchange merchants stated the rupee is prone to commerce with a barely adverse bias on restoration within the buck and considerations over elevated crude oil costs. On the interbank international … Read more
The rupee appreciated 2 paise to settle at 82.89 (provisional) in opposition to the US greenback on Monday, monitoring a weak American foreign money abroad and constructive fairness market sentiment. Nevertheless, risky crude oil costs and international fund outflows weighed on the Indian foreign money, foreign exchange merchants stated. Additionally learn: Rupee rises 4 paise … Read more
The rupee stayed flat at 82.90 in opposition to the US greenback in early commerce on Wednesday, resisting downward strain from a stronger American foreign money and unstable crude oil costs within the abroad markets. The native unit was additionally dragged down by the unfavourable sentiment within the fairness markets, nevertheless, it discovered assist as … Read more