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 …
The Rupee recovered four paise to 83.41 against the U.S. dollar on April 29, tracking foreign capital inflows and a strengthening greenback against major crosses overseal. The domestic currency finally settled at 83.41 against the dollar, registering a gain of four paise from its previous closing level. The Rupee had settled seven paise lower at 83.45 against the U.S. dollar …
“The Rupee declined by four paise to settle at 82.90 against the U.S. currency on March 18 on firm crude oil prices. However, the Rupee gave up early gains as the U.S. dollar and bond yields remained at higher levels ahead of the Federal Reserve's meeting this week. Anuj Choudhary Research Analyst, Sharekhan by BNP Paribas, said the Rupee depreciated …