FOREIGN EXCHANGE MARKET

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 rises 8 paise against US dollar

8:08 pm February 17, 2020

Mumbai: The Indian rupee appreciated by 8 paise to settle at 71.29 against the US dollar on Monday, helped by some moderation global crude prices. However, stronger US dollar against key rival currencies and subdued domestic equities kept the rupee’s rise in check, according to forex dealers. At the interbank foreign exchange market, the rupee […]

Rupee settles flat at 71.33 against US dollar

8:15 pm February 13, 2020

Mumbai: The rupee on Thursday settled flat at 71.33 (provisional) against the US dollar after weak macro-economic data disappointed market participants. Forex traders said disappointing macro economic numbers and weak domestic equities weighed on the local unit, while easing crude oil prices and weakening of the American currency in the overseas market restricted the fall […]

Rupee slips 16 paise to 71.38 against US dollar

7:07 pm January 2, 2020

Mumbai: The Indian rupee lost 16 paise to close at 71.38 against the US dollar on Thursday amid steady rise in crude oil prices and strengthening of the greenback overseas. Forex traders said the rupee is trading in a narrow range amid lack of directional cues from the global market. At the interbank foreign exchange […]

Rupee settles flat at 70.98 against US dollar

8:48 pm December 17, 2019

Mumbai: The rupee pared early morning gains to settle 2 paise down at 70.98 against the US currency on Tuesday amid lack of any major triggers on the domestic front. Forex traders said while sustained foreign fund inflows and heavy buying in domestic equities supported the rupee, rising crude oil prices and gains in the […]

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