US dollar

Rupee settles 14 paise lower at 75.80 against US dollar

4:22 pm May 20, 2020

Mumbai: The rupee depreciated by 14 paise to 75.80 (provisional) against the US dollar on Wednesday as headwinds due to US-China trade tiff and worries over the second wave of coronavirus infection weighed on investor sentiment. Forex traders said positive domestic equities supported the local unit, while sustained foreign fund outflows, US-China trade tiff and […]

Rupee settles 10 paise lower at 75.56 against US dollar

4:04 pm May 14, 2020

Mumbai: The rupee slipped 10 paise to close at 75.56 (provisional) against the US dollar on Thursday, tracking weak domestic equities. Forex traders said market participants were concerned about the fiscal deficit concerns over the Rs 20-lakh-crore economic stimulus package as there is still no clarity on how the package would be financed. Moreover, investors […]

Rupee settles 5 paise higher at 75.46 against US dollar

3:44 pm May 13, 2020

Mumbai: The rupee appreciated by 5 paise to 75.46 (provisional) against the US dollar on Wednesday as fiscal stimulus by the government bolstered investor sentiment. Forex traders said Prime Minister Narendra Modi’s Rs 20 lakh crore economic stimulus package enthused investors. However, risk sentiments are negative and investor sentiments remain fragile over coronavirus concerns, they […]

Rupee settles 22 paise higher at 75.51 against US dollar

3:41 pm May 12, 2020

Mumbai: The rupee surged 22 paise to close at 75.51 (provisional) against the US dollar on Tuesday, amid a weak American currency in the overseas market. At the interbank foreign exchange, the rupee opened at 75.89, then pared the initial losses to finally settle at 75.51 against the US dollar, registering a rise of 22 […]

Rupee settles 19 paise lower at 75.73 against US dollar

3:32 pm May 11, 2020

Mumbai: The rupee slipped 19 paise to close at 75.73 against the US dollar on Monday as strengthening American currency overseas and rising coronavirus cases in the country weighed on investor sentiment. Forex traders said while positive domestic equities supported the local unit, market participants were concerned about the impact of spiking coronavirus cases on […]