MUMBAI: The rupee gained 29 paise to close at 82.37 against the US dollar on Monday, supported by a weaker greenback overseas and a firm trend in domestic equities. But now, looking at the recent high-frequency data and rebound in the risk assets, we could see the rupee start catching up with the other Asian currencies," Parmar said. On the …
The rupee depreciated 29 paise to 73.64 against the US dollar in opening deals on Tuesday amid rise in demand for the American currency from banks and importers. We are seeing the US nominal yields firm up and we are seeing US dollar strength in pockets," said Abhishek Goenka Founder and CEO, IFA Global. On the domestic equity market front, …