Rupee falls 2 paise to close at 83.56 against U.S. dollar
6 months, 1 week ago

Rupee falls 2 paise to close at 83.56 against U.S. dollar

The Hindu  

The rupee consolidated in a narrow range and settled 2 paise lower at 83.56 against U.S. dollar on Friday, as positive domestic markets and a decline in crude oil prices supported the rupee, while strong U.S. Dollar and FII outflows capped sharp gains. On Thursday, the rupee settled for the day lower by 6 paise at 83.54 against the U.S. dollar. "We expect the rupee to trade with a slight negative bias on the strong U.S. Dollar and weak global markets. However, a positive tone in the domestic markets and expectations of fresh foreign inflows may support the rupee at lower levels," Anuj Choudhary — Research Analyst at Sharekhan by BNP Paribas — said.

History of this topic

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3 days, 16 hours ago
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6 days, 15 hours ago
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1 week, 6 days ago
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1 month ago
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1 month, 1 week ago
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