Rupee hits new low of 84.88 against USD
1 week, 3 days ago

Rupee hits new low of 84.88 against USD

New Indian Express  

The rupee is expected to trade near 84.5 against the dollar by end December. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near term. As a result, the 10Y UST yield has surged by 71bps between October and November, while the dollar index has strengthened by 5.4%, reaching its highest level in a year,” said Rajani Sinha, Chief Economist, CareEdge Ratings. While high UST yields and a strong dollar have contributed to these outflows, other domestic factors have also been at play, such as muted corporate earnings and high valuations. “Going forward, it will be crucial to monitor the implementation of Trump’s policies and China’s response, as these will play a key role in shaping market dynamics,” said Sinha.

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History of this topic

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
3 days, 9 hours ago

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the U.S. dollar on Friday, on softening of the U.S. dollar index and a potential intervention by the Reserve Bank of India. On Thursday, the rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time …

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
4 days, 8 hours ago

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

The Hindu  

The rupee dropped 14 paise and breached the crucial 85 level to close at an all-time low of 85.08 against the U.S. dollar on Thursday, as a hawkish stance from the U.S. Federal Reserve sparked a broad dollar rally. Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low on …

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade
4 days, 15 hours ago

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

The Hindu  

The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections for 2025, signalling a more cautious monetary policy stance, pressuring emerging market currencies, including the …

Rupee plunges to all-time low, reaches Rs 85 against US dollar
Trending News
4 days, 20 hours ago

Rupee plunges to all-time low, reaches Rs 85 against US dollar

India Today  

Rupee fell to an all-time low against the US dollar on Thursday, breaching the Rs 85 mark for the first time. This decline comes after the US Federal Reserve cut key interest rates by 25 bps and signalled fewer rate cuts in 2025, putting additional strain on the currency, which has already been under pressure due to weak capital inflows …

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar
5 days, 8 hours ago

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar

The Hindu  

The rupee dropped 3 paise to close at an all-time low of 84.94 against the U.S. dollar on Wednesday, as traders await cues from the US Fed on the interest rate front. The unit finally ended the session lower by 3 paise at an all-time low closing level of 84.94 against the dollar. On Tuesday, the rupee revisited its all-time …

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar
6 days, 8 hours ago

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

The Hindu  

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 against the U.S. dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. A strong US dollar and FII outflows may further weigh on the rupee," said Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas. On the …

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar
6 days, 14 hours ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu  

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November …

Record trade deficit adds to rupee’s challenges, may open to all-time low
6 days, 17 hours ago

Record trade deficit adds to rupee’s challenges, may open to all-time low

Live Mint  

By Nimesh Vora MUMBAI, Dec 17 - The Indian rupee may slip to an all-time low on Tuesday with the currency, already under pressure from slowing growth, choppy equity flows and a dollar rally, will have to contend with an unexpected widening in trade deficit to a record high. The jump in gold imports and weak exports pushed India's merchandise …

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar
1 week ago

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar

The Hindu  

The rupee depreciated by 9 paise to close at an all-time low level of 84.89 against the U.S. dollar on Monday, dragged down by a negative trend in domestic equities. Forex traders said the Indian rupee declined on weak domestic markets and rising U.S. bond yields. On Friday, the rupee rebounded from its all-time low level and settled with a …

Rupee falls 3 paise to 84.83 against U.S. dollar in early trade
Trending News
1 week ago

Rupee falls 3 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee fell 3 paise to 84.83 against the U.S. dollar in early trade on Monday, dragged down by a muted trend in domestic equities and elevated crude oil prices. On Friday, the rupee rebounded from its all-time low level and settled with a gain of 8 paise at 84.80 against the U.S. dollar. Additionally, Foreign Institutional Investors turning net …

Inflows help rupee end higher on day but weekly losing streak persists
1 week, 3 days ago

Inflows help rupee end higher on day but weekly losing streak persists

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 13 - The Indian rupee logged its the sixth consecutive weekly decline on Friday as pressure remained on account of heightened dollar demand in the non-deliverable forwards market and a weaker yuan while mild inflows helped the currency on the day. U.S. producer price inflation data released on Thursday reaffirmed investor expectations of a 25-basis …

Rupee hits record low, RBI intervention counters bearish tilt
1 week, 4 days ago

Rupee hits record low, RBI intervention counters bearish tilt

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 12 - The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the U.S. dollar in the non-deliverable forwards market, while the central bank's intervention helped prevent sharp losses. The dollar index was little changed at 106.5, unfazed by the elevated odds of a December …

Rupee hits lifetime low before RBI intervened to stop further decline
1 week, 4 days ago

Rupee hits lifetime low before RBI intervened to stop further decline

Firstpost  

The Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable forwards market and from importers while intervention by the central bank kept a lid on losses, traders said. Heightened dollar demand in the …

Rupee takes a dive, more turbulence in 2025
1 week, 4 days ago

Rupee takes a dive, more turbulence in 2025

Live Mint  

What triggered the rupee’s recent fall? The Indian rupee breached a record low of 84.85 per dollar this week and briefly tested 85.06-per-dollar levels as outgoing Reserve Bank of India governor Shaktikanta Das’s term ended on Tuesday. However, increasing geopolitical uncertainty, attractive US government bond yields, cheaper crude oil prices and heavy foreign institutional investor outflow from domestic equities further …

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade
1 week, 5 days ago

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

The Hindu  

The rupee fell 2 paise to all-time low of 84.87 against the U.S. dollar in early trade on Wednesday, amid rising expectations of a shift in the Reserve Bank’s monetary policy stance post the appointment of Sanjay Malhotra as the new RBI Governor. At the interbank foreign exchange, the rupee opened at 84.87, its all-time low against the greenback, registering …

Rupee drops 8 paise to close at 84.74 against U.S. dollar
2 weeks ago

Rupee drops 8 paise to close at 84.74 against U.S. dollar

The Hindu  

The rupee depreciated 8 paise to close at 84.74 against the U.S. dollar on Monday, dragged down by fresh foreign fund outflows and a muted trend in domestic equities. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. The Reserve Bank of India on Friday kept its key interest rate …

Rupee falls 7 paise to 84.73 against US dollar in early trade
2 weeks ago

Rupee falls 7 paise to 84.73 against US dollar in early trade

The Hindu  

The rupee fell 7 paise to trade at 84.73 against the U.S. dollar in early trade on Monday dragged down by foreign fund outflows and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 84.70 against the greenback, then touched 84.73 in the initial trade, registering a fall of 7 paise over its previous …

FPIs stage a comeback in December, infuse ₹24,454 crore into Indian equities; Is the sell-off over?
2 weeks, 2 days ago

FPIs stage a comeback in December, infuse ₹24,454 crore into Indian equities; Is the sell-off over?

Live Mint  

Foreign portfolio investors took a sharp U-turn and turned net buyers in the first week of December, snapping their robust two-month selling streak over global cues. FPIs were net sellers in Indian markets last month amid the uptrend in the US market and US bond yields, fueled by Republican Donald Trump's victory in the US presidential elections and the US …

FPIs return as buyers in December, purchase equities worth ₹14,000 crore in Indian stock market
2 weeks, 3 days ago

FPIs return as buyers in December, purchase equities worth ₹14,000 crore in Indian stock market

Live Mint  

Foreign portfolio investors turned net buyers in December, reversing the trend of fund withdrawals observed over the past two months. In the most recent session, FPIs purchased Indian equities worth ₹8,539.9 crore, followed by ₹1,797.6 crore and ₹3,664.7 crore in the prior two sessions, bringing the total cumulative inflows to ₹14,002 crore, according to NSDL data. FPIs invested ₹17,704 crore …

Rupee falls 2 paise to 84.49 against U.S. dollar in early trade
3 weeks, 3 days ago

Rupee falls 2 paise to 84.49 against U.S. dollar in early trade

The Hindu  

The rupee fell 2 paise to trade at 84.49 against the U.S. dollar in early trade on Friday dragged down by significant foreign fund outflows and month-end dollar demand from importers. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. On Thursday, the rupee depreciated 7 paise to close at …

FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable?
3 weeks, 5 days ago

FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable?

Live Mint  

Foreign portfolio investors made a notable return to Indian equities, ending a 36-session selling streak with net purchases exceeding ₹10,000 crore over two days. Another significant driver of FPI inflows was the MSCI index reshuffle, wherein stocks like Voltas, Oberoi Realty, BSE, Kalyan Jewellers, and Alkem Laboratories were added to the MSCI Global Standard Index, prompting passive inflows. FPI Selling …

FII selling crosses ₹2 trillion in FY25, may cross FY22 record
3 weeks, 5 days ago

FII selling crosses ₹2 trillion in FY25, may cross FY22 record

Live Mint  

Investors exiting India have net-sold over ₹2 trillion worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market. As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors net-sold a record ₹1.17 trillion in the secondary market in NSE's cash segment in …

Rupee rises 7 paise to 84.22 against US dollar in early trade
3 weeks, 6 days ago

Rupee rises 7 paise to 84.22 against US dollar in early trade

Deccan Chronicle  

Rupee appreciated 7 paise to 84.22 against the US dollar in morning trade on Tuesday, on a sharp rebound in domestic equities amid improved investor risk appetite.Forex traders said the MSCI equity index rebalancing significantly boosted sentiment for Indian equity markets as foreign institutional investors broke a 40-session streak of net selling by purchasing Rs 9,947 crores on Monday, lending …

Rupee poised for some relief on softer dollar, portfolio flows
4 weeks ago

Rupee poised for some relief on softer dollar, portfolio flows

Live Mint  

By Jaspreet Kalra MUMBAI, Nov 25 - The Indian rupee may log mild gains on Monday helped by a pullback in the U.S. dollar and portfolio inflows on account of the rebalancing of MSCI's global equity indexes. The dollar index rose to its highest level in two years on Friday but dipped 0.5% at Monday's market open to 106.9 after …

Strong US dollar, domestic sell-off push rupee to all time low of 84.50
1 month ago

Strong US dollar, domestic sell-off push rupee to all time low of 84.50

Hindustan Times  

Indian rupee depreciated eight paise on Thursday to settle at an all-time low of 84.50 against the US dollar. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near-term. However, interventions by the Reserve Bank of India, supported by India's healthy foreign exchange reserves, should …

Rupee rises 8 paise to 84.38 against US dollar in early trade
1 month ago

Rupee rises 8 paise to 84.38 against US dollar in early trade

Deccan Chronicle  

The rupee recovered from its lowest level and appreciated by 8 paise to 84.38 against the US dollar in early trade on Monday despite a stronger American currency and sustained outflow of foreign funds. Lower level of crude oil prices in the international market supported the recovery of local unit, forex traders said.At the interbank foreign exchange, the rupee opened …

FPIs offload ₹22,420 crore from Indian equities in November: 5 key factors behind sell-off
1 month, 1 week ago

FPIs offload ₹22,420 crore from Indian equities in November: 5 key factors behind sell-off

Live Mint  

Foreign portfolio investors extended their robust selling streak in Indian markets in the first fortnight of this month, amid the uptrend in the US market and US bond yields, which was fueled by Republican Donald Trump's victory in the US presidential elections and the latest US Federal Reserve's interest rate cut verdict. Why are FPIs consistently selling Indian shares: Here …

Rupee falls 4 paise to close at all-time low of 84.43 against U.S. dollar
1 month, 1 week ago

Rupee falls 4 paise to close at all-time low of 84.43 against U.S. dollar

The Hindu  

The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 against the U.S. dollar on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors. "There was no respite on the US inflation front as the data released yesterday showed that the U.S. core consumer price index …

Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar
1 month, 1 week ago

Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

The Hindu  

The rupee fell 1 paisa to a new lifetime low of 84.39 against the U.S. dollar on Tuesday as persistent foreign fund outflows and a strengthening greenback against major crosses overseas dented investor sentiments. On Monday, the rupee dropped 1 paisa to hit a new lifetime low of 84.38 against the U.S. dollar. Additionally, US Fed Chairperson Jerome Powell's upcoming …

Rupee falls to all-time low against US dollar
1 month, 1 week ago

Rupee falls to all-time low against US dollar

Deccan Chronicle  

Mumbai: The rupee slipped 2 paise to an all-time low of 84.40 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors' sentiments. Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank …

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?
1 month, 1 week ago

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Live Mint  

The Indian rupee hit a record low on Monday against the US dollar, reflecting broader weakness among Asian currencies under pressure following Donald Trump’s victory in the U.S. elections. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.05% at 105.05, near the four-month peak achieved last week following Trump’s win. …

Rupee plunges to all-time low of 84.38 against US dollar
Trending News
1 month, 1 week ago

Rupee plunges to all-time low of 84.38 against US dollar

India Today  

The rupee hit a record low against the US dollar on Monday, as concerns surrounding the recent victory of Donald Trump in the US elections put Asian currencies under pressure. FOREIGN INVESTORS PULL MONEY FROM INDIAN STOCKS Foreign investors have been offloading Indian stocks at a notable pace, adding further pressure on the rupee. Market experts say the rupee could …

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade
1 month, 2 weeks ago

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade

The Hindu  

The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 84.32 against the greenback, then it fell further to an all-time low of 84.37, registering a rise …

Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar
1 month, 2 weeks ago

Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar

The Hindu  

The rupee declined 6 paise to close at a fresh lifetime low of 84.37 against the U.S. dollar on Thursday, as weak domestic equities and sustained foreign fund outflows dented market sentiment. On Wednesday, the rupee depreciated 22 paise to close at an all-time low of 84.31 against the U.S. dollar. However, the softening of the U.S. Dollar index from …

Rupee rises 5 paise to 84.26 against U.S. dollar in early trade
1 month, 2 weeks ago

Rupee rises 5 paise to 84.26 against U.S. dollar in early trade

The Hindu  

The rupee recovered from its all-time low level and witnessed a range-bound trade against the U.S. dollar in early hours on Thursday, as investors remained cautious ahead of the U.S. Fed meeting outcome later this week. "The Indian rupee fell to its lowest on Wednesday and is expected to continue with its fall as the Reserve Bank of India allows …

FPIs extend selling streak to 27th straight session; outflows reach ₹1.21 lakh crore
1 month, 2 weeks ago

FPIs extend selling streak to 27th straight session; outflows reach ₹1.21 lakh crore

Live Mint  

Foreign portfolio investors appear to be losing interest in Indian stocks as they continued their selling streak for the 27th consecutive session on Tuesday, withdrawing an additional ₹2,569 crore from Indian equities, according to the latest Trendlyne data. In all trading sessions in October, FPIs remained net sellers, offloading ₹1.14 lakh crore worth of Indian stocks through exchanges. In October, …

Rupee hits all-time low; check out four key factors leading to INR depreciation
1 month, 2 weeks ago

Rupee hits all-time low; check out four key factors leading to INR depreciation

Live Mint  

The rupee declined by 2 paise to reach a historic low of 84.13 against the US dollar during early trading on Tuesday, in anticipation of the US presidential election. The rupee ended at a historic low on Monday and began the day at a new low of 84.13 as US elections created turbulence in stock markets alongside ongoing foreign fund …

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus
1 month, 2 weeks ago

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus

Live Mint  

The Indian rupee reached an all-time low on Monday, November 4, as the continuous outflow from local stocks eased the impact of a weaker dollar. The news agency Reuters reported that it also helped lift the dollar's regional peers ahead of the U.S. presidential elections. According to the report, the Indian rupee closed at 84.1150 against the U.S. dollar after …

Record FPI Outflows in October: Strong Domestic Support Fuels Market Resilience
2 months ago

Record FPI Outflows in October: Strong Domestic Support Fuels Market Resilience

Hindustan Times  

Foreign investors continue to sell Indian equities, with the highest monthly FPI sell-off in history reaching ₹77,701 crore in October. Despite the slower pace compared to the previous week, October has seen a significant surge in foreign outflows, surpassing the figures of March 2020. This surge is attributed to factors such as strong domestic investor support, the impact of US …

Rupee turns flat at 83.96 against U.S. dollar in early trade
2 months, 2 weeks ago

Rupee turns flat at 83.96 against U.S. dollar in early trade

The Hindu  

The rupee paused its slide and traded flat at 83.96 against the U.S. dollar in early deals on Friday amid retreating crude oil prices and a weak American currency against major Asian rivals. “Subdued sentiment in the domestic equity markets amid massive outflows of foreign funds in the past three days played a spoilsport and prevented a recovery in the …

Rupee rises 2 paise to 83.64 against US dollar
2 months, 3 weeks ago

Rupee rises 2 paise to 83.64 against US dollar

The Hindu  

Rupee rises 2 paise to 83.64 against the US dollar in early trade on Friday amid softening crude oil prices and inflow of foreign funds. The Indian currency was, however, weighed down by a subdued domestic equity market and a stronger greenback against major rivals overseas amid increased month-end dollar demand from importers, forex traders said. At the interbank foreign …

Rupee rises 3 paise to 83.60 against U.S. dollar
2 months, 4 weeks ago

Rupee rises 3 paise to 83.60 against U.S. dollar

The Hindu  

The rupee appreciated 3 paise to close at 83.60 against the U.S. dollar on Wednesday, tracking a positive trend in domestic equities and a weak greenback against major currencies overseas. “However, net foreign fund outflows capped sharp gains in the local unit,” Forex traders said. However, the domestic currency gave up most of its gains to settle at 83.60, 3 …

Rupee rises 10 paise to 83.53 against U.S. dollar in early trade
2 months, 4 weeks ago

Rupee rises 10 paise to 83.53 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 10 paise to 83.53 against the U.S. dollar in early trade on Wednesday, on the overall dollar weakness in the overseas market. Forex traders said the U.S. dollar has weakened against majors post the weak consumer confidence print. "The Indian rupee which depreciated on Tuesday opened stronger on the overall dollar weakness against Asian currencies and European …

Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade
3 months ago

Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade

India TV News  

Stock markets update: Equity benchmark indices declined in early trade on Tuesday amid weak trends in Asian markets and unabated foreign fund outflows. Rupee against dollar Meanwhile, the rupee appreciated 2 paise to 83.84 against the US dollar in early trade on Tuesday, helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. …

Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX
3 months, 1 week ago

Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX

Hindustan Times  

MUMBAI - The Indian rupee was little changed on Monday, wedged between oil companies' dollar demand and a rise in its Asian peers on the back of heightened odds of a 50 basis point U.S. rate cut later this week. Rupee flat as oil firms' dollar bids offset impact of rise in Asia FX The rupee was at 83.8925 against …

Rupee rises 6 paise to close at 83.90 against U.S. dollar
3 months, 1 week ago

Rupee rises 6 paise to close at 83.90 against U.S. dollar

The Hindu  

The rupee witnessed range-bound trade and settled for the day higher by 6 paise at 83.90 against the US dollar on Friday supported by weakening of the American currency in the overseas market and significant foreign fund inflows. In the domestic equity market, the 30-share BSE Sensex declined 71.77 points, or 0.09%, to close at 82,890.94 points, while the Nifty …

Rupee rises 4 paise to close at 83.95 against U.S. dollar
3 months, 1 week ago

Rupee rises 4 paise to close at 83.95 against U.S. dollar

The Hindu  

The rupee traded in a narrow range to settle 4 paise higher at 83.95 against the U.S. dollar on Thursday amid a positive trend in domestic equities and foreign fund inflows. Forex traders said the rupee trade was range-bound, with a slight positive bias toward positive domestic equities. However, a rebound in the U.S. Dollar and a surge in crude …

Rupee settles flat at 83.98 against U.S. dollar
3 months, 1 week ago

Rupee settles flat at 83.98 against U.S. dollar

The Hindu  

The rupee witnessed range-bound trade and settled for the day on a flat note at 83.98 against U.S. dollar on Wednesday as the support from the lower level of crude oil prices and soft US dollar was negated by a weak trend in domestic equities. Forex traders said significant corrections in asset classes like the dollar index and crude oil …

Rupee falls 2 paise to close at 83.97 against U.S. dollar
3 months, 1 week ago

Rupee falls 2 paise to close at 83.97 against U.S. dollar

The Hindu  

The rupee traded in a narrow range on Tuesday and depreciated 2 paise to close at 83.97 against the American currency, weighed down by the strengthening of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 83.95 against the American currency and finally settled at 83.97 against the U.S. dollar, down …

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