The rupee declined 20 paise to 83.33 against the U.S. dollar on March 22 due to a stronger greenback in the global markets and dollar buying by importers. At the interbank foreign exchange market, the local unit opened lower at 83.28 against the previous close of 83.13 to a dollar. Meanwhile, the dollar index, which gauges the greenback's strength against …
Stock markets: Equity benchmark indices climbed in early trade on Thursday amid unabated foreign fund inflows but later faced volatile trends after a record-breaking rally in the past few trading sessions. "Negative sentiment across the global equities could see local benchmarks struggle in early Thursday trade, with profit-taking likely to continue after yesterday's Federal Open Market Committee minutes meeting hinted …
Highlights The rupee recovered from its all-time low of 80.06 to close 20 paise higher at 79.85 On Wednesday, the rupee for the first time settled below the 80-level against the US currency Brent crude futures, the global oil benchmark, fell 4.46 per cent to USD 102.15 per barrel The rupee recovered from its all-time low of 80.06 to close …
The Indian rupee depreciated 20 paise to 74.77 against the US dollar in opening trade on Monday as firm American currency and weak domestic equities weighed on investor sentiment. The Indian Rupee started on a weaker note this Monday against the greenback tracking the strength of the dollar, Reliance Securities said in a research note. Global oil benchmark Brent crude …
