Mumbai: The rupee nosedived 62 paise to hit an over two-month low of 72.09 to the US dollar on Wednesday as poor macro data and lingering worries over US-China trade war weighed on sentiment. At the interbank foreign exchange, the rupee opened on a weak note at 71.75 against the US dollar. As the day […]
Read MoreMumbai: Snapping its three-session winning streak, the Indian rupee tumbled 28 paise to close at 70.97 against the US dollar on Wednesday as continuing uncertainty over the US-China trade deal affected currency market sentiment worldwide. However, robust foreign fund inflows and easing crude oil prices restricted the fall for the domestic unit, forex brokers said. […]
Read MoreMumbai: The rupee gained 8 paise to close at a fresh five-week high of 70.69 against the US dollar on Tuesday following foreign fund inflows and gains in Asian peers after Chinese central bank cut interest rates. Forex inflows through Bajaj Finance share sale to qualified institutional investors helped the rupee hold strong against a […]
Read MoreNew Delhi: The rupee on Friday appreciated by 12 paise to settle at 70.90 against the US dollar on Friday on the back of firm domestic equities and easing crude oil prices. At the interbank foreign exchange market, the rupee opened lower at 71.06 against the US dollar. During the day, the domestic unit fluctuated […]
Read MoreMumbai: The Indian rupee rose 3 paise to close at 70.91 against the US dollar on Wednesday amid lack of triggers and geopolitical uncertainties. Easing crude oil prices propped up the local unit, though fresh capital outflows capped the gains, forex traders said. Trading in emerging market currencies was subdued after British Prime Minister Boris […]
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