American currency

Rupee rises to 1-1/2 month high on foreign fund inflows

7:03 pm December 8, 2020

Mumbai: The rupee surged by 30 paise to settle at a one-and-a-half month high of 73.60 against the US dollar on Tuesday, buoyed by foreign fund inflows and heavy buying in domestic equities. At the interbank forex market, the domestic unit opened at 73.83 against the US dollar and witnessed an intra-day high of 73.59 […]

Rupee settles 37 paise higher at 73.68 against US dollar

6:05 pm December 1, 2020

Mumbai: The rupee appreciated 37 paise and settled for the day at 73.68 (provisional) against the US dollar on Tuesday as positive domestic equities and sustained foreign fund inflows strengthened investor sentiment. Besides, positive developments on COVID-19 vaccine front, improved domestic macro-economic data and weakness of the American currency against key rivals also supported the […]

Rupee slumps 18 paise against US dollar to 74.36

6:32 pm November 11, 2020

Mumbai: The rupee declined by 18 paise to close at 74.36 against the US dollar on Wednesday, tracking a strengthening American currency in the overseas market and higher crude prices. However, a strong rally in domestic equities and unabated foreign fund inflows restricted the slide of the domestic unit, forex traders said. At the interbank […]

Rupee settles 28 paise higher at 74.08 against US dollar

3:16 pm November 6, 2020

Mumbai: The rupee pared some of its initial gains and settled 28 paise higher at 74.08 (provisional) against the US dollar on Friday, supported by foreign portfolio flows even as investors continued to wait for the outcome of the US elections. Traders said positive domestic equities, weak American currency and expectation of Joe Biden’s victory […]

Gold rises Rs 111; silver declines Rs 1,266

5:13 pm November 4, 2020

New Delhi: Gold prices on Wednesday rose Rs 111 to Rs 50,743 per 10 gram amid sharp rupee depreciation, according to HDFC Securities. The precious metal had closed at Rs 50,632 per 10 gram in the previous trade. Silver, however, declined Rs 1,266 to Rs 60,669 per kg as against Rs 61,935 per kg in […]