Author: Currencies

Meanwhile, Finance Minister Nirmala Sitharaman will present the Economic Survey 2021-22, later in the day. At the interbank foreign exchange, the rupee opened at 74.97 against the American dollar, then inched higher to quote 74.92, registering a rise of 15 paise from the last close. The rupee appreciated 15 paise to 74.92 against the US […]

Representative image The Indian rupee eked out a marginal 4 paise gain at 75.05 against the US dollar in morning trade on Friday, tracking positive opening in domestic equity markets. However, strong American currency and elevated crude oil price level restricted the rupee’s further recovery. Forex traders said geopolitical tensions, sustained foreign fund outflows and […]

Forex traders said muted domestic equities, sustained foreign fund outflows and firm crude oil prices also weighed on the local unit. Representative image The rupee declined 41 paise to 75.19 against the US dollar in opening trade on Thursday, tracking the strength of the American currency after hawkish US Fed policy stance. Forex traders said […]

At the interbank foreign exchange market, the local currency opened at 74.60 against the greenback and witnessed an intra-day high of 74.57 and a low of 74.80 during the session. PTI January 25, 2022 / 04:45 PM IST Representative image The rupee on Tuesday depreciated by 16 paise to close at 74.76 (provisional) against the […]

Forex traders said geopolitical tensions, sustained foreign fund outflows and elevated crude oil prices also dragged down the local unit. Representative image The rupee declined 7 paise to 74.67 against the US dollar in opening trade on Tuesday weighed down by the strength of the American currency and muted domestic equities. Forex traders said geopolitical […]

Forex traders said the strength of the American currency in the overseas market and weak appetite for riskier assets also dragged down the local unit. Representative image The rupee on Monday slumped by 19 paise to 74.62 (provisional) against the US dollar at close due to high crude oil prices, forex outflows and heavy losses […]

Forex traders said the Indian rupee is trading in a narrow range ahead of the US Federal Reserve meeting later this week. Representative image The rupee declined 9 paise to 74.52 against the US dollar in opening trade on Monday, as muted domestic equities and elevated crude oil prices weighed on investor sentiments. Forex traders […]

At the interbank foreign exchange, the rupee opened at 74.43 against the American dollar, then inched higher to 74.29, registering a rise of 15 paise from the last close. Representative image The rupee appreciated by 15 paise to 74.29 against the US dollar in opening trade on Thursday, even as the domestic equity market was […]

At the interbank foreign exchange, the rupee opened weak at 74.70 against the US dollar, registering a decline of 12 paise from the last close. Representative image The rupee declined by 12 paise to 74.70 against the US dollar in opening trade on Wednesday, as muted domestic equities and elevated crude oil prices weighed on […]

Forex traders said muted domestic equities and dollar buying by banks on behalf of importers also dragged the local unit down. Representative image The rupee declined by 18 paise to 74.43 against the US dollar in opening trade on Tuesday, as strong American currency and elevated crude oil prices weighed on investor sentiments. Forex traders […]

At the interbank foreign exchange, the rupee opened lower at 74.18 against the American dollar, then inched higher to 74.16, registering a fall of 1 paisa from the last close. Representative image The Indian rupee was trading in a narrow range in morning trade on Monday as elevated crude oil prices negated the impact of […]