Forex traders

Rupee plunges to over 6-mth low of 71.43; skids 29 paise

7:45 pm August 19, 2019

Mumbai: The Indian rupee tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar on Monday amid growing worries over economic slump and sustained foreign fund outflows. Further, rising crude oil prices and strengthening of the US dollar vis-a-vis other currencies overseas also took toll on the Indian currency. […]

Rupee rises 55 paise to 70.85 against USD in early trade

11:03 am August 14, 2019

Mumbai: The rupee rebounded from the six-month low and appreciated by 55 paise to 70.85 against the US dollar in early trade on Wednesday amid positive opening in domestic equity market and easing crude oil prices. On Tuesday, the rupee had plunged 62 paise to close at a nearly six-month low of 71.40 against the […]

Rupee falls 38 paise; touches 71 level against US dollar

11:43 am August 13, 2019

Mumbai: The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities. Forex traders said the strength of the US dollar against other overseas currencies and concerns about US-China trade negotiations also kept investors edgy. At […]

Rupee dives 25 paise to 68.69 vs USD

7:05 pm July 12, 2019

Mumbai: The rupee depreciated 25 paise to close at 68.69 against the US dollar Friday amid rising crude oil prices and unabated foreign fund outflows. Forex traders said the rupee traded in a narrow range ahead of the release of retail inflation and factory output data. Cautious trading in the domestic equity markets also weighed […]

Rupee settles 8 paise higher at 69.07 against US dollar

7:33 pm June 27, 2019

Mumbai: The Indian rupee pared initial losses and closed 8 paise higher at 69.07 against the US currency on Thursday, supported by easing crude oil prices and weaker greenback. However, the rupee movement was confined to a narrow range as forex traders took a cautious approach ahead of the G20 Summit, which is taking place […]