Foreign money market in the present day: Rupee plunges 20 paise to settle at 83.49 towards US greenback

The rupee paired all its early positive factors and settled with a steep lack of 20 paise at 83.49 (provisional) towards the US greenback on Friday amid risky home fairness markets and unabated outflow of overseas funds. Foreign exchange merchants stated elevated month-end demand of buck by oil advertising corporations additionally weighed on the Indian … Read more

Rupee slips 1 paisa to shut at 82.89 towards US greenback

The rupee closed virtually flat at 82.89 (provisional) towards the US greenback in a restricted commerce on Tuesday amid withdrawal of overseas funds and elevated month-end demand for the American foreign money. In accordance with foreign exchange analysts, the Indian foreign money resisted a pointy fall attributable to strong fairness market sentiment and a weaker … Read more

Rupee settles 2 paise larger at 82.89 in opposition to US greenback

The rupee gained 2 paise to settle at 82.89 (provisional) in opposition to the US greenback in a range-bound commerce on Monday, monitoring volatility within the fairness market. Foreign exchange merchants stated influx of international funds and softer crude oil costs supplied help to the Indian foreign money. Additionally, the greenback retreated from larger ranges … Read more