The rupee on Tuesday sank to a report closing low, weighed down by a robust greenback, rising geo-political tensions and sell-off by international portfolio buyers. The rupee closed 9 paise weaker at 83.54 per greenback towards the earlier shut of 83.45. The rupee breached its earlier intra-day low of ₹83.49 hit on November 10, 2023. … Read more
The rupee depreciated 14 paise to shut at 83.57 (provisional) towards the US greenback on Tuesday, weighed down by a detrimental pattern in home equities and a robust buck towards main crosses abroad amid geopolitical tensions. Foreign exchange merchants mentioned a weak urge for food for riskier belongings and up to date international capital outflows … Read more
The rupee declined 6 paise to settle at 83.44 (provisional) towards the US greenback on Monday, according to deep losses in fairness markets and an elevated greenback towards main rivals abroad amid geopolitical tensions. Nevertheless, weakening crude oil costs within the worldwide markets and optimistic home macroeconomic knowledge restricted the rupee’s fall, foreign exchange merchants … Read more
The rupee on Thursday recovered 9 paise to shut at 83.44 (provisional) in opposition to the US greenback, monitoring a agency pattern in home markets and upbeat macroeconomic knowledge. A weak US greenback in opposition to main crosses abroad additionally supported the home unit. Nevertheless, elevated crude oil costs and sustained overseas fund outflows capped … Read more
The rupee recovered from all-time low degree and appreciated 33 paise to shut at 83.28 (provisional) towards the US greenback on Tuesday on decline within the US greenback and constructive Asian currencies. Foreign exchange merchants mentioned weak home markets and surge in crude oil costs capped sharp positive aspects for the native unit. On the … Read more
The rupee declined by 7 paise to shut at 83.36 (provisional) in opposition to the US greenback on Wednesday, monitoring a robust American forex in opposition to main rivals abroad and weak Asian friends. Nevertheless, a surge in home markets and a decline in crude oil costs cushioned the draw back, foreign exchange merchants stated. … Read more
The rupee declined 5 paise at 82.95 in opposition to the US greenback on Tuesday because of agency crude oil costs and international fund outflows. On the interbank international trade market, the rupee opened at 82.94 to a greenback, down 4 paise over the earlier shut of 82.90. The native forex moved in a decent … Read more
The rupee declined 4 paise to 82.88 (provisional) in opposition to the US greenback on Friday, weighed down by unabated overseas fund outflows and a destructive development in home equities. Foreign exchange merchants stated elevated American forex abroad and crude oil costs within the worldwide market additionally dented traders’ sentiments. On the interbank overseas trade … Read more
The rupee settled 1 paisa decrease at 82.90 (provisional) in opposition to the US greenback on Friday amid rising crude oil costs within the abroad market and elevated demand for the American foreign money from importers. Nonetheless, a rally in fairness markets and sturdy home macroeconomic knowledge supported the native foreign money and restricted the … Read more
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