American currency

Rupee settles 7 paise higher at 76.18 against US dollar

6:53 pm April 28, 2020

Mumbai: The Indian rupee rose by 7 paise to close at 76.18 (provisional) against the US dollar on Tuesday, tracking positive domestic equities and a weak American currency in the overseas market. This is the second consecutive day of gain for the rupee, during which it has appreciated by 28 paise. At the interbank foreign […]

Rupee ends flat at 75.60 against US dollar

9:28 pm March 31, 2020

Mumbai: The Indian rupee settled for the day on a flat note at 75.60 (provisional) against the US dollar on Tuesday, even as the domestic equities witnessed heavy buying on the last day of trading of the 2019-20 fiscal. Forex traders said market participants remained cautious as currency markets will remain shut for the next […]

Rupee settles 26 paise higher at 75.94 against US dollar

8:36 pm March 24, 2020

Mumbai: Snapping its four-session losing run, the rupee on Tuesday gained 26 paise to settled at 75.94 (provisional) against the US dollar after Finance Minister Nirmala Sitharaman said the government is working on an economic package to deal with the coronavirus crisis. Forex traders said the rupee which started the day on a positive note, […]

Rupee settles nearly flat at 71.24 against US dollar

6:53 pm February 5, 2020

Mumbai: The rupee pared initial gains to settle nearly flat at 71.24 (provisional) against the US dollar on Wednesday, as market participants await fresh cues from the RBI’s monetary policy. The rupee opened stronger as hopes of a breakthrough in battling the coronavirus epidemic strengthened investor sentiments, forex traders said. The domestic unit eroded the […]

Rupee drops by 6 paise to end at 71.38 on forex outflows

6:52 pm February 3, 2020

Mumbai: The rupee pared early sharp losses to settle 6 paise down at 71.38 against the US dollar on Monday, tracking recovery in domestic equities and easing crude oil prices. The rupee remained under pressure due to concerns over fiscal slippage and rising coronavirus outbreak fears, forex traders said. The next trigger for the currency […]