The rupee recovered from its all-time low stage and appreciated 6 paise to 83.72 (provisional) towards the US greenback on Friday, on energy within the home markets and expectations of recent international inflows. Foreign exchange merchants mentioned the rupee traded inside a slim vary, taking cues from the greenback index, which remained flat. On the … Read more
The rupee was buying and selling in a slim vary towards the US greenback in early commerce on Friday, because the assist from sustained international fund inflows was negated by greenback demand from international traders and oil corporations. Foreign exchange merchants stated a bounce again in crude oil costs weighed on the rupee. Furthermore, weak … Read more
The rupee settled 5 paise decrease at 83.56 (provisional) in opposition to the US greenback on Thursday, weighed down by a weak tone in home markets and a restoration in crude oil costs. Foreign exchange merchants stated rupee traded with a slight damaging bias on profit-booking within the home market, which can lead to international … Read more
The rupee inched down and closed at 83.50 in opposition to the US greenback on Tuesday. Because the dollar has been flat over the previous week, the home foreign money has additionally maintained a horizontal motion. International flows have been a constructive issue for the Indian unit. In response to NSDL information, internet FPI inflows … Read more
Foreign exchange merchants mentioned rupee was seen resilient towards the greenback, even after volatility witnessed within the greenback index, as a consequence of CPI knowledge and US Fed’s coverage choice. On the interbank overseas change, the native unit opened at 83.52 and at last settled for the day decrease by 7 paise at 83.55 (provisional) … Read more
Rupee appreciated 3 paise to shut at 83.56 (provisional) towards the US greenback on Wednesday, on optimistic home markets, whereby the benchmark delicate index Nifty touched a recent all-time excessive. Foreign exchange merchants mentioned the rupee traded in a slim vary as all eyes had been on the US Could CPI print and the US … Read more
The rupee settled for the day decrease by 6 paise at 83.56 (provisional) towards the US greenback on Tuesday, weighed down by a muted pattern in home equities and the energy of the American foreign money in abroad markets. Foreign exchange merchants mentioned the US greenback strengthened resulting from elevated demand from oil importers and … Read more
The rupee recovered 14 paise to shut at 83.37 (provisional) towards the US greenback on Wednesday, monitoring sturdy shopping for in home equities and decrease crude oil costs in worldwide markets. Nonetheless, a surging buck towards main crosses abroad and contemporary overseas fund outflows restricted positive aspects within the native foreign money, foreign exchange merchants … Read more
The rupee settled 21 paise decrease at 83.39 (provisional) in opposition to the US greenback on Wednesday, monitoring a unfavorable development in home equities and elevated crude oil costs. Foreign exchange merchants stated greenback demand from importers and oil advertising corporations (OMCs) additionally weighed on the rupee. Nonetheless, overseas inflows within the bond markets forward … Read more
The Indian rupee ended barely weaker on Tuesday as greenback demand from native corporates pressured the forex even because the dollar slipped, which helped elevate most Asian currencies. The rupee closed at 83.1775 towards the US greenback, in contrast with its earlier shut at 83.13. The greenback index slipped under the 104.5 mark, extending its … Read more