FOREIGN EXCHANGE MARKET

Rupee darts up 16 paise to 71.04 against USD

7:58 pm December 9, 2019

Mumbai: The rupee pared initial losses and settled 16 paise up at 71.04 against the US dollar on Monday amid softening crude oil prices and weakening of the greenback vis-a-vis other currencies overseas. Fresh foreign fund inflows and positive developments on the US-China trade front also propped up the local unit, forex traders said. At […]

Rupee up 5 paise at 71.71 against US dollar

6:51 pm November 22, 2019

New Delhi: The Indian rupee settled 5 paise higher at 71.71 against the US dollar on Friday, marking its second straight session of gains. Forex traders said the domestic currency traded in a narrow range amid lack of cues on the domestic front. At the interbank foreign exchange market, the rupee opened stronger at 71.77 […]

Rupee settles 14 paise down at 71.02 against dollar

8:56 pm October 7, 2019

Mumbai: The rupee depreciated by 14 paise to close at 71.02 against the US dollar on Monday as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy. Forex traders said market sentiment remained fragile ahead of the US-China trade meeting. Besides, rising crude oil prices also weighed on the domestic unit. […]

Rupee rallies to nearly 2-month high as crude subsides

8:27 pm September 27, 2019

Mumbai: The rupee spurted by 32 paise to close at a nearly two-month high against the US currency on Friday as crude oil prices receded following reports that Saudi Arabia had agreed on a temporary ceasefire in Yemen. The domestic currency closed higher by 0.44 per cent at 70.56 to the US dollar, a level […]

Rupee slips 3 paise to 71.04 against USD

6:39 pm September 25, 2019

Mumbai: The Indian rupee dipped 3 paise to close at 71.04 against the US dollar on Wednesday amid rising demand for the greenback vis-a-vis other currencies overseas, even as crude oil prices eased. Forex traders said a weak trend in domestic equities, political unrest in the US and unabated foreign fund outflows also weighed on […]