india

Rupee falls 24 paise to 74.33 against U.S. dollar in early trade

On April 30, rupee had closed at 74.09 against the U.S. dollar. The Indian rupee slumped 24 paise to 74.33 against the U..S dollar in opening trade on May 3 tracking weak domestic equities and strong American currency. Forex traders said concerns over rising COVID-19 cases and foreign fund outflows also weighed on investors’ sentiment. […]

india

Rupee slips 17 paise to 74.75 against U.S. dollar in early trade

The rupee depreciated 17 paise to 74.75 against the US dollar in opening trade on Friday tracking weakness in other Asian currencies. Traders said the domestic unit is trading on a weak note as investors believe that the central bank’s bond buying plan could be bearish for the currency due to inflationary concerns. At the […]

india

Rupee surges 32 paise to close at 72.93 against U.S. dollar

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth ₹1,494.49 crore on Monday, according to exchange data The rupee strengthened by 32 paise to end at 72.93 (provisional) against the U.S. dollar on Tuesday, supported by positive domestic equities and weakening of the American currency in the overseas market. […]

india

Rupee rises 13 paise to 73.15 against U.S. dollar in early trade

The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.10% to 90.67. The rupee appreciated 13 paise to 73.15 against the U.S. dollar in opening trade on January 19 as positive domestic equities and weakness in the American currency boosted investor sentiment. At the interbank forex market, the domestic […]

india

Rupee tumbles 16 paise to close at 73.40 against U.S. dollar

At the interbank forex market, the domestic unit opened at 73.47 against the U.S. dollar and witnessed an intra-day high of 73.37 and a low of 73.50. The rupee depreciated by 16 paise to close at 73.40 (provisional) against the U.S. dollar on Monday, tracking a rebound in the American currency overseas. At the interbank […]