The rupee traded in a slim vary and settled for the day increased by 4 paise at 83.97 (provisional) in opposition to the US greenback on Thursday, on weakening of the American foreign money within the abroad market and an total drop in crude oil costs. Foreign exchange merchants stated the home unit witnessed a … Read more
The rupee traded in a slim vary in morning commerce on Thursday, because the help from constructive home equities was negated by relentless greenback demand from importers. On the interbank international alternate market, the native unit opened at 83.93 and fell to 83.95, registering a lack of 5 paise from its earlier shut. On Wednesday, … Read more
The rupee ended at an all-time closing low of 83.85 per greenback on Monday as FPIs offered within the Indian fairness markets amid a world sell-off, which was triggered by unwinding of carry trades, weak US financial information elevating the spectre of a slowdown, and the Fed stepping into for deeper fee cuts. Nevertheless, the … Read more
The rupee appreciated 7 paise to settle at 82.83 (provisional) in opposition to the US greenback on Wednesday, buoyed by a weak American forex in opposition to main rivals abroad and a rally in home equities. Nevertheless, surging crude oil costs in worldwide markets put strain on the native forex and restricted the rise, foreign … Read more