Asian currencies

Rupee rises by 7 paise to 73.38 in line with Asian peers

8:01 pm September 21, 2020

Mumbai: The rupee strengthened by 7 paise to close at 73.38 against the US dollar on Monday, extending its gains for the second day on the back of firm Asian currencies and weak crude oil prices. Forex dealers said inflows into Indian equities and firming Asian currencies against the dollar lent support to the local […]

Rupee settles 3 paise down at 75.04 against US dollar

6:40 pm August 4, 2020

Mumbai: The rupee pared some of its initial losses and settled 3 paise down at 75.04 (provisional) against the US dollar on Tuesday, even as domestic equity market was trading with significant gains. The rupee opened weak at 75.13 at the interbank forex market, then pared some of its early losses to settle at 75.04 […]

Rupee slides 22 paise to 3-week low on equity rout

8:13 pm January 30, 2020

Mumbai: The rupee lost 22 paise to close at a three-week low of 71.49 against the US dollar on Thursday tracking heavy sell-off in domestic equities amid rising concerns over the outbreak of coronavirus. Forex traders said most Asian currencies declined after the US Federal Reserve kept its key policy rates steady. Moreover, market participants […]

Rupee settles 9 paise up at 71.20 against US dollar

6:58 pm December 6, 2019

Mumbai: The Indian rupee appreciated 9 paise to close at 71.20 against the US dollar on Friday, a day after the RBI kept the policy rate unchanged and decided to continue with its accommodative stance to support the economy. Investor sentiment strengthened after the Reserve Bank of India signalled continuing with its accommodative stance, while […]

Rupee settles 10 paise lower at 71.81 against USD

6:36 pm November 20, 2019

Mumbai: The Indian rupee settled 10 paise lower at 71.81 against the US dollar on Wednesday, tracking weak Asian currencies and strengthening of the greenback overseas. However, the decline in the domestic unit was capped by a rally in domestic stocks, forex traders said. At the interbank foreign exchange market, the domestic currency opened weak […]

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