Forex traders

Rupee loses 4 paise to end at 71.31 vs US dollar

7:31 pm December 26, 2019

Mumbai: The rupee pared its early gains and settled lower by 4 paise at 71.31 against the US currency on Thursday amid heavy selling in domestic equities and steady rise in crude oil prices. Month-end dollar demand and weakness in domestic equities weighed on the domestic currency, forex traders said. At the interbank foreign exchange […]

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 […]

Rupee slips 7 paise to 71.01 against USD

8:29 pm September 24, 2019

Mumbai: The Indian rupee on Tuesday dropped 7 paise to close at 71.01 against the US dollar as foreign fund outflows and subdued equities weakened forex market sentiment. However, easing crude oil prices and weaker greenback against rival currencies restricted the rupee fall to some extent. Foreign investors pulled out Rs 828.49 crore from Indian […]