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

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 edges up 1 paisa to 83.02 in opposition to US greenback in early commerce

The rupee edged up 1 paisa to 83.02 in opposition to the US greenback on Wednesday forward of the announcement of the important thing US Fed coverage determination later within the day. On the interbank international change market, the rupee opened greater at 83.00 in opposition to the earlier shut of 83.03 in step with … Read more

Rupee little modified monitoring largely subdued Asian friends

The Indian rupee was barely modified on Thursday, monitoring rangebound strikes in most of its Asian friends as focus turns to key US financial information which may impression expectations of potential easing in coverage charges by the Federal Reserve. The rupee was at 83.1125 towards the US greenback as of 9:30 a.m., barely modified from … Read more