india

Rupee slips 3 paise to close at 74.57 against U.S. dollar

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.06% to 92.56. The Indian rupee slipped 3 paise to settle at 74.57 (provisional) against the U.S. dollar on Friday, as investors awaited fresh triggers. At the interbank forex market, the local unit opened at 74.53 against the greenback […]

india

Rupee recovers 7 paise to settle at 74.64 against U.S. dollar

On Thursday, the rupee had settled at 74.71 against the US dollar. The rupee gained 7 paise to end at 74.64 (provisional) against the U.S. currency on Friday, tracking weakness in the American currency in the overseas market. However, a muted trend in domestic equity markets and surging crude prices restricted the gain in the […]

india

Rupee falls for second day, settles 27 paise down at 74.37

The local unit witnessed an intra-day high of 74.05 and a low of 74.40 against the greenback during the trading session. The Indian rupee depreciated 27 paise to close at 74.37 against the U.S. dollar on Tuesday in its second straight day of losses following a stronger dollar overseas. At the interbank forex market, the […]

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. […]