Forex traders

Rupee settles 70 paise lower at 76.34 against US dollar

3:56 pm April 8, 2020

Mumbai: The Indian rupee settled 70 paise lower at 76.34 (provisional) against the US dollar on Wednesday amid rise in coronavirus cases in the country and weak domestic equities. Forex traders said rising brent prices and firm US dollar index also weighed on the local unit. At the interbank foreign exchange, the rupee opened weak […]

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 settles nearly flat at 71.24 against US dollar

6:53 pm February 5, 2020

Mumbai: The rupee pared initial gains to settle nearly flat at 71.24 (provisional) against the US dollar on Wednesday, as market participants await fresh cues from the RBI’s monetary policy. The rupee opened stronger as hopes of a breakthrough in battling the coronavirus epidemic strengthened investor sentiments, forex traders said. The domestic unit eroded the […]

Rupee settles 3 paise down at 71.35 against US dollar

6:42 pm February 3, 2020

Mumbai: The rupee pared early losses to settle 3 paise down at 71.35 against the US dollar on Monday, tracking recovery in domestic equities and easing crude oil prices. Besides, the domestic unit weakened amid concerns of fiscal slippage and rising coronavirus outbreak fears, forex traders said. The next trigger for the currency will be […]

Rupee rises 12 paise to 71.31 against US dollar amid easing crude prices

8:12 pm January 28, 2020

Mumbai: The Indian rupee on Tuesday appreciated by 12 paise to end at 71.31 against the US dollar as crude prices eased following concerns that oil demand will be hit amid rapid spread of coronavirus from China to other countries. Forex traders said rupee is trading in a narrow range amid intensifying coronavirus scare. Moreover, […]