Rupee falls 9 paise to 83.53 towards US greenback in early commerce

The rupee depreciated 9 paise to 83.53 towards the US greenback in early commerce on Tuesday, weighed down by a powerful American forex and elevated crude oil costs. Foreign exchange merchants mentioned a detrimental development in home equities and sustained international fund outflows additionally dented investor sentiments. In response to interbank international change, the rupee … Read more

Rupee sinks to report closing low of 83.54 towards greenback

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

Rupee falls 13 paise to shut at 83.44 in opposition to US greenback

The rupee depreciated 13 paise to shut at 83.44 in opposition to the US greenback on Friday, weighed down by a large sell-off in home equities and a robust dollar in opposition to main crosses abroad. Foreign exchange merchants stated elevated crude oil costs additionally dented investor sentiments. On the interbank international trade market, the … Read more

G-Sec yields spike, rupee weakens on higher-than-expected US inflation

Yields of presidency securities (G-Secs) spiked, monitoring US Treasury yields, which rose attributable to higher-than-expected inflation. The rupee weakened towards the greenback, which gained towards most currencies because of the risk that charge cuts could also be delayed by the US Fed to rein-in inflation. Additionally learn: Rupee falls 13 paise to shut at 83.44 … Read more

Rupee good points on possible greenback inflows, uptick in Asian friends

The Indian rupee strengthened on Wednesday, buoyed by power in its Asian friends and certain greenback inflows, whereas merchants awaited U.S. client inflation information due later within the day. The rupee was at 83.21 in opposition to the U.S. greenback as of 9:50 a.m. IST, up 0.1% in contrast with its shut at 83.3150 on … Read more

Rupee rises 12 paise to shut at 83.19 in opposition to US greenback

The rupee appreciated 12 paise to shut at 83.19 (provisional) in opposition to the US greenback on Wednesday, as fairness benchmarks climbing to all-time excessive ranges and a weak dollar in opposition to main currencies abroad boosted investor sentiment. Foreign exchange merchants mentioned the rising urge for food for riskier property supported the native foreign … Read more

Rupee settles on flat word at 83.31 in opposition to US greenback

The rupee settled on a flat word on Monday at 83.31 (provisional) in opposition to the US greenback, because the help from optimistic home equities was negated by the energy of the American forex within the abroad market. Additionally learn:Rupee inches larger, ahead premiums slip as Fed fee lower bets recede Foreign exchange merchants stated … Read more

Rupee inches increased, ahead premiums slip as Fed fee reduce bets recede

The Indian rupee gained in early buying and selling on Monday, persevering with its upside momentum from the earlier session, although U.S. bond yields jumped as traders pared bets on a fee reduce by the Federal Reserve in June. The rupee was at 83.26 to the greenback as of 9:45 a.m. IST, up barely from … Read more

Rupee trades in slender vary towards US greenback in early commerce

The rupee witnessed a range-bound buying and selling in preliminary offers towards the US greenback on Tuesday, weighed down by a robust American forex and elevated crude oil costs. On the interbank international trade, the rupee opened at 83.37 towards the dollar, then touched 83.35, registering an increase of 4 paise over its earlier shut. … Read more