Mon, Oct 07, 2024
At the interbank foreign exchange, the rupee opened at 83.96 against the US dollar, 3 paise higher from its previous close of 83.99. It then declined 1 paisa to 83.97, higher by 2 paise from Friday's close.
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Mon, Sep 16, 2024
Forex traders said market participants are eagerly awaiting cues from the US Fed policy on Wednesday, with a rate cut all but certain. However, the magnitude of the cut remains uncertain.
Mon, Sep 09, 2024
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at 83.96 against the American currency and touched 83.85 in initial trade. It was later trading at 83.95 against the greenback, unchanged from its previous close.
Mon, Sep 02, 2024
At the interbank foreign exchange market, the local unit opened 2 paise lower at 83.87 against the American currency and inched up to touch Friday's closing rate of 83.85 before slipping again. Currency traders are awaiting the PMI manufacturing data set to be released later in the day.
Fri, Aug 30, 2024
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.
Tue, Aug 27, 2024
Asian currencies fell after appreciating on Monday. The Indian rupee opened at 83.91 and is expected to trade in a small range of 83.85/95, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
Mon, Jul 29, 2024
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was at 104.48, higher by 0.16 per cent.
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