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Indian Rupee

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Fri, Aug 30, 2024

Rupee appreciated 7 paise to 83.82 against the US dollar in morning trade on Friday, supported by significant foreign fund inflows and a positive trend in domestic equities.Forex traders said a rise in global risk sentiments supported the rupee, while recovery in the US dollar and month-end dollar demand from importers and oil marketing companies (OMCs) weighed on investor sentiments.At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 paise from its previous close.

Understanding the Rupee's Woes: What’s Causing the Downturn?

Understanding the Rupee's Woes: What’s Causing the Downturn?

Thu, Aug 22, 2024

Why is the rupee not able to recover? No support even from fall in dollar index. What is the reason for the fall in rupee?

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Wed, Aug 07, 2024

On Wednesday, the Indian rupee closed lower by 4 paise at 83.96 against the US dollar, impacted by a stronger greenback and Middle East tensions. Despite this, domestic market strength and rising crude oil prices provided some support. The rupee traded within a narrow range, while global equities and anticipated RBI policy decisions could influence future movements. The dollar index rose, and Brent crude saw a 1.22% increase

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Rupee makes a weak start, slips 9 paise against dollar

Rupee makes a weak start, slips 9 paise against dollar

Wed, Nov 02, 2016

The rupee on Wednesday got off to a bumpy start as it depreciated 9 paise to 66.80 against the US dollar after demand for the American currency from importers went up. Forex dealers said fresh demand for the US unit and a weak opening of the domestic equity market weighed on the rupee.

Rupee falls further by 13 paise against dollar in early trade

Rupee falls further by 13 paise against dollar in early trade

Fri, Oct 21, 2016

The rupee fell further by 13 paise to 66.94 against the dollar in early trade on Firday at the Interbank Foreign Exchange market on increased demand for the American currency from importers.

Rupee makes a weak start, slips 3 paise against dollar

Rupee makes a weak start, slips 3 paise against dollar

Thu, Oct 20, 2016

Forex dealers said fresh demand for the US unit and its gains against the euro and other currencies overseas ahead of a closely-watched European Central Bank meeting pulled the rupee down, but a relatively strong opening of the domestic equity market minimised the loss.

Global cues, foreign fund inflows to strengthen rupee

Global cues, foreign fund inflows to strengthen rupee

Sat, Oct 08, 2016

"Lower US non-farm payrolls and consequent weakness in dollar trajectory will support the rupee`s movement," Bansi Madhavani, analyst at India Ratings and Research, told IANS.

IOC hikes petrol price by 28 paise per litre, cuts diesel price by 6 paise a litre

IOC hikes petrol price by 28 paise per litre, cuts diesel price by 6 paise a litre

Fri, Sep 30, 2016

Indian Oil Corporation (IOC) on Friday hiked petrol price by 28 paise per litre while it decreased diesel price by 6 paise per litre. This is the third time the company has increased the rates of petrol in the September month.

Rupee rebounds after brief setback; ends up 24 paise to 66.61

Rupee rebounds after brief setback; ends up 24 paise to 66.61

Fri, Sep 30, 2016

The rupee on Friday staged a resounding comeback after a brief overnight setback and ended higher by a whopping 24 paise at 66.61 on fresh dollar unwinding from banks and exporters.

Surgical strikes likely to have economic implications on India: Care Ratings

Surgical strikes likely to have economic implications on India: Care Ratings

Fri, Sep 30, 2016

The Indian Army's surgical strikes against suspected Pakistan-based militants along the Line of Control (LoC) on late Wednesday night is likely to have economic implications on India, said Care Ratings in a latest research report.

Rupee tumbles to a week's low on surgical strikes

Rupee tumbles to a week's low on surgical strikes

Thu, Sep 29, 2016

The Indian rupee on Thursday tumbled to its lowest level in the last one week after the army announced that it had carried out "surgical strikes" on terror camps across the Line of Control (LoC) with Pakistan.

Indian equity markets open flat, Sensex up 18 points

Indian equity markets open flat, Sensex up 18 points

Thu, Sep 15, 2016

Indian equity markets opened flat on Thursday with BSE Sensex up 0.09% to 28,415 points and NSE Nifty 50 to 0.2% at 8,739.85 points.

Indian Rupee reaches four-month peak

Indian Rupee reaches four-month peak

Tue, Sep 06, 2016

Indian Rupee (INR) has touched four-month high, trading at Rs 66.53 to a dollar, up 0.44%.

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Tue, Aug 23, 2016

Besides, the dollar's weakness against some currencies overseas supported the rupee but early losses in the domestic equity market restricted gains, dealers said.

Rupee slips 0.10% versus US dollars

Rupee slips 0.10% versus US dollars

Thu, Aug 18, 2016

Indian rupee was trading lower by 0.067 paise or 0.10% at 66.86 against the US dollar in early trade at the Interbank Foreign Exchange.

Big 25 reforms that changed India's growth story

Big 25 reforms that changed India's growth story

Sat, Jul 23, 2016

The year 2016 marks the silver jubilee anniversary of India's historic economic liberalisation, a move that can only be credited for making the country one of the fastest growing economy in the world today.

Brexit impact: Rupee likely to range from Rs 67 to 68 against dollar in near term

Brexit impact: Rupee likely to range from Rs 67 to 68 against dollar in near term

Sat, Jun 25, 2016

The Indian rupee is predicted to range between 67.20 to 68.20 in the very near-term.

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