Forex traders

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 settles 3 paise down at 75.18 against US dollar

3:18 pm July 16, 2020

Mumbai: The rupee settled 3 paise lower at 75.18 (provisional) against the US dollar on Thursday tracking strengthening American currency amid worries over mounting COVID-19 cases. Forex traders said rupee traded in a narrow range as strong dollar, foreign fund outflows and rising COVID-19 cases dragged the local unit down, while positive domestic equities supported […]

Rupee tumbles by 25 paise to 74.93 on dollar buying by banks

8:03 pm July 7, 2020

Mumbai: The rupee declined by 25 paise to end at 74.93 against the US currency on Tuesday due to dollar buying by foreign banks and gains in the greenback in overseas markets. Forex traders said foreign fund inflows and easing crude oil prices supported the rupee while factors like strong dollar and rising COVID-19 cases […]

Rupee settles flat at 75.65 against US dollar

3:40 pm June 26, 2020

Mumbai: The rupee pared initial gains and settled on a flat note at 75.65 (provisional) against the US dollar on Friday as concerns about rising COVID-19 cases weighed on investor sentiment. Forex traders said risk appetite has waned amid spike in fresh coronavirus infections globally. The rupee opened on a strong note at the interbank […]

Rupee settles 5 paise lower at 75.84 against US dollar

7:14 pm June 12, 2020

Mumbai: The rupee settled 5 paise lower at 75.84 (provisional) against the US dollar on Friday as volatile domestic equities and sustained foreign fund outflows weighed on investor sentiment. Forex traders said risk appetite has waned and there is growing concern about a resurgence of COVID-19 infections. The rupee opened weak at 76.10 at the […]

Next Posts >>