Foreign money market right now: Rupee settles 4 paise decrease at 83.50 towards US greenback

The rupee stayed range-bound and settled 4 paise decrease at 83.50 (provisional) towards the US greenback on Thursday, weighed down by unabated international fund outflows amid buyers’ weak urge for food for riskier property. Nevertheless, a agency development in home equities supported the native unit and restricted its losses, foreign exchange merchants mentioned. The rupee … Read more

Rupee rises 5 paise to 83.11 in opposition to US greenback

The rupe appreciated 5 paise to 83.11 (provisional) in opposition to the US greenback on Tuesday, following a weak dollar in opposition to main currencies abroad amid a muted development in home equities. On the interbank international trade market, the native unit opened at 83.14 in opposition to the dollar. Transferring in a really tight … Read more