foreign exchange

Rupee rises 8 paise against US dollar on forex inflows

9:37 pm November 5, 2019

Mumbai: 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 […]

Rupee settles 12 paise higher at 70.90 against US dollar

8:16 pm October 25, 2019

New 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 […]

Rupee inches up 3 paise to 70.91 versus USD

8:14 pm October 23, 2019

Mumbai: 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 […]

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 […]