MUMBAI: The rupee depreciated by 41 paise to close at 81.93 against the US dollar on Tuesday after the Economic Survey 2022-23 said the domestic unit may remain under pressure on account of plateauing of exports and subsequent widening of current account deficit. The Indian rupee may remain under depreciation pressure on account of plateauing of exports and subsequent widening …
The rupee jumped 41 paise to close at 78.65 against the US dollar on Tuesday buoyed by persistent foreign fund inflows into capital markets and softening crude oil prices. The dollar-long liquidation, FPI inflows, lower crude oil prices and improvement in high-frequency data very well supported the rupee gains," Dilip Parmar, Research Analyst, HDFC Securities, said. On the domestic equity …
The rupee fell by 41 paise to close at a fresh lifetime low of ₹79.36 against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows. The Indian rupee hit a fresh record low against the US Dollar on Tuesday on the back of a stronger dollar and weaker-than-expected domestic data, said Anuj Choudhary - …
Highlights Rupee fell by 41 paise to close at a fresh lifetime low of 79.36 against the US dollar Rupee may trade in the range of 78.50-80 in the next couple of sessions On Monday, the rupee had closed at 78.95 against the US dollar The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 …
