Rupee rises 8 paise to close at 79.79 against US dollar
2 years, 3 months ago

Rupee rises 8 paise to close at 79.79 against US dollar

Deccan Chronicle  

MUMBAI: The rupee appreciated 8 paise to close at 79.79 against the US dollar on Monday, in line with a firm trend in domestic equities. The dollar index, which measures the greenback's strength against a basket of six currencies, rose 0.28 per cent to 109.83. Gains in the dollar extended after non-farm payrolls numbers released from the US came in better-than-estimates," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. On the domestic equity market front, the BSE Sensex ended 442.65 points or 0.75 per cent higher at 59,245.98 points, while the broader NSE Nifty gained 126.35 points or 0.72 per cent to 17,665.80.

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History of this topic

Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade
1 hour, 3 minutes ago

Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade

The Hindu  

The rupee fell 5 paise to hit a new all-time low of 85.16 against the US dollar in early trade on Tuesday, amid strengthening American currency and sustained outflow of foreign capital. Forex traders said higher dollar demand as well as an upward momentum in crude oil prices due to volatile geopolitical situation pushed the local unit further downward even …

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
3 days, 18 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 recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade
4 days ago

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade

Deccan Chronicle  

Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. The Dollar Index is expected to remain elevated, with resistance near the 110 level in the near term amid a reduced likelihood of significant Fed rate cuts in 2025. On Thursday, the rupee depreciated …

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
4 days, 18 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
5 days 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 falls 3 paise to close at all-time low of 84.94 against U.S. dollar
5 days, 18 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 falls 1 paisa against US dollar in early trade
6 days ago

Rupee falls 1 paisa against US dollar in early trade

The Hindu  

The rupee dropped 1 paisa to 84.92 against the US dollar in early trade on Wednesday and hovered around its all-time low level, as traders await more cues from the US FED on the interest rate front. Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors' approach …

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar
6 days, 18 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
1 week 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 …

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, 1 day 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 …

Rupee recovers 10 paise to end at 84.78 against U.S. dollar
Trending News
1 week, 3 days ago

Rupee recovers 10 paise to end at 84.78 against U.S. dollar

The Hindu  

The rupee rebounded from its all-time low level and settled with a gain of 10 paise at 84.78 against the U.S. dollar on Friday, buoyed by a strong recovery in domestic equity markets and easing inflation data. The latest official data released on Thursday showed India’s retail inflation eased in November to 5.48% and came within the Reserve Bank’s comfort …

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 holds up in face of broad dollar rally thanks to central bank
1 week, 4 days ago

Rupee holds up in face of broad dollar rally thanks to central bank

Live Mint  

By Nimesh Vora MUMBAI, Dec 13 - The Reserve Bank of India's intervention on Friday helped the rupee avoid the losses that other Asian currencies had to endure in the wake of higher U.S. yields. The rupee was at 84.8300 to the U.S. dollar at 10:42 a.m. IST, marginally up from 84.8575 in the previous session. The RBI likely sold …

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade
1 week, 4 days ago

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the U.S. dollar in early trade on Friday on the back of favourable domestic inflation data. However, a strengthening American currency and volatile domestic equity markets amid foreign fund outflows capped the recovery in the local unit, forex traders said. The latest official …

Rupee hits fresh all-time low, settles 4 paise lower at 83.87 against dollar
1 week, 4 days ago

Rupee hits fresh all-time low, settles 4 paise lower at 83.87 against dollar

The Hindu  

The rupee depreciated by 4 paise to settle at an all-time low of 84.87 against the U.S. dollar on Thursday, dragged down by negative domestic equity markets, outflow of foreign funds and rise in crude oil prices. The unit finally ended the session 4 paise down at a fresh all-time low closing level of 84.87 against the dollar. Rupee's previous …

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade
1 week, 6 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 settles on a flat note near all-time low at 84.85 against U.S. dollar
1 week, 6 days ago

Rupee settles on a flat note near all-time low at 84.85 against U.S. dollar

The Hindu  

The rupee settled for the day on a flat note higher by just 1 paisa at 84.85 against the U.S. dollar on Tuesday, a tad above its all-time low level, as change of guard at the Reserve Bank of India raised expectations of a shift in the central bank's monetary policy. On Monday, the rupee saw its steepest fall in …

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, 1 day 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 …

Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar
2 weeks, 4 days ago

Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar

Live Mint  

Mumbai, The rupee recovered from its all-time low level and settled for the day with gains of just 3 paise at 84.72 against the US dollar in a range-bound trade on Thursday, amid a positive trend in domestic equities. Forex traders said the Indian rupee recovered slightly on strength in the domestic markets and overnight decline in crude oil prices. …

Rupee falls 2 paise to 84.49 against U.S. dollar in early trade
3 weeks, 4 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 …

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 …

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 …

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 …

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 …

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 …

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 settles 11 paise lower at 83.80 against U.S. dollar amid steep fall in equity markets
2 months, 3 weeks ago

Rupee settles 11 paise lower at 83.80 against U.S. dollar amid steep fall in equity markets

The Hindu  

Rupee depreciated 11 paise to settle at 83.80 against the U.S. dollar on Monday taking cues from equity markets that saw a steep fall of over 1% amid volatile crude oil prices and outflow of foreign funds. However, a weak greenback against major currencies supported the local unit, Forex traders said, while investors showed muted participation awaiting cues from domestic …

Rupee falls four paise to settle at 83.70 against U.S. dollar
2 months, 3 weeks ago

Rupee falls four paise to settle at 83.70 against U.S. dollar

The Hindu  

The Rupee declined four paise to settle at 83.70 against the U.S. dollar on Friday amid subdued domestic equity markets and increased month-end demand for the American currency. “However, sliding crude prices in the international market and renewed foreign fund inflows supported the local unit and restricted the fall,” forex dealers said. Analysts said the market participants were awaiting cues …

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 …

Rupee logs 10 paise gain to settle at 83.55 against U.S. dollar
3 months ago

Rupee logs 10 paise gain to settle at 83.55 against U.S. dollar

The Hindu  

The rupee stayed on the upward track for a record seventh straight session and settled 10 paise higher at 83.55 against the dollar on Friday, as robust domestic equity markets and retreating crude oil prices boosted investors' sentiment. They attributed the lower dollar index to investors' shifting focus towards emerging market currencies after the U.S. Federal Reserve reduced benchmark interest …

Rupee rises 9 paise to 83.56 against US dollar in early trade
3 months ago

Rupee rises 9 paise to 83.56 against US dollar in early trade

The Hindu  

The rupee sustained its gaining streak for the third straight session and rose 9 paise to 83.56 against the US dollar in early trade on Friday buoyed by a firm domestic equity market and weakening American currency. At the interbank foreign exchange market, the Indian currency opened at 83.63 and strengthened further to 83.56 against the greenback, trading 9 paise …

Rupee rises 6 paise to 83.70 against U.S. dollar after fed rate cate
3 months ago

Rupee rises 6 paise to 83.70 against U.S. dollar after fed rate cate

The Hindu  

The rupee rose 6 paise to 83.70 against the U.S. dollar in early trade on Thursday, reflecting strong investor sentiment after the U.S. Federal Reserve decided to cut interest rate in line with market expectations. The rupee also got support from lower crude oil prices, positive domestic equity markets as well as inflow of foreign funds, forex traders said. At …

Rupee gains 2 paise to 83.84 against U.S. dollar in early trade
3 months, 1 week ago

Rupee gains 2 paise to 83.84 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 2 paise to 83.84 against the U.S. dollar in early trade on Tuesday, helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. However, a sluggish trend in the domestic equities and fresh foreign fund outflows amid U.S. rate cut expectations restricted the rise in the local unit, forex traders …

Rupee rises 4 paise to close at 83.88 against U.S. dollar
3 months, 1 week ago

Rupee rises 4 paise to close at 83.88 against U.S. dollar

The Hindu  

The rupee witnessed range-bound trade and settled for the day higher by 4 paise at 83.88 against the U.S. dollar on Monday supported by weak American currency and significant foreign fund inflows, while firm crude oil prices capped sharp gains. The domestic unit finally settled for the day at 83.88, higher by 4 paise over its previous close, amid a …

Rupee rises 5 paise to 83.87 against U.S. dollar in early trade
3 months, 1 week ago

Rupee rises 5 paise to 83.87 against U.S. dollar in early trade

The Hindu  

The rupee appreciated by 5 paise to 83.87 against the U.S. dollar in early trade on Monday supported by weakening of the American currency in the overseas market and significant foreign fund inflows. At the interbank foreign exchange market, the local unit opened at 83.89, then inched further to touch 83.87, registering a rise of 5 paise from its previous …

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 …

Rupee trades in narrow range against U.S. dollar in early trade
3 months, 2 weeks ago

Rupee trades in narrow range against U.S. dollar in early trade

The Hindu  

The rupee traded in a narrow range on Tuesday and depreciated 3 paise to 83.98 against the American currency, amid a muted trend in domestic equities. Forex traders said foreign institutional inflows, alongside significant corrections in asset classes like the Dollar Index and crude oil prices, supported the rupee, while the Reserve Bank's active intervention kept the rupee in a …

Rupee trades in narrow range against U.S. dollar in early trade
3 months, 2 weeks ago

Rupee trades in narrow range against U.S. dollar in early trade

The Hindu  

The rupee traded in a narrow range on Monday and appreciated 1 paisa to 83.94 against the American currency, amid a muted trend in domestic equities. Forex traders said easing crude oil prices and overall weakness in the dollar index supported the rupee, but the Reserve Bank's active intervention kept the rupee in a tight range. "The RBI has been …

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