Mumbai: The Indian rupee appreciated by 19 paise to 71.59 against the US dollar in early trade on Monday tracking gains in domestic equity market and weakening of the American currency vis-a-vis other currencies overseas. Forex traders said market participants were enthused after the US and China negotiators held ‘constructive’ call on trade deal. At […]
Read MoreMumbai: The rupee nosedived 62 paise to hit an over two-month low of 72.09 to the US dollar on Wednesday as poor macro data and lingering worries over US-China trade war weighed on sentiment. At the interbank foreign exchange, the rupee opened on a weak note at 71.75 against the US dollar. As the day […]
Read MoreMumbai: The rupee opened on a weak note and declined by 14 paise to 71.11 against the US dollar in opening trade on Thursday after reports that the US-China trade deal signing could be delayed to December weighed on investor community. Forex traders said, the decline in the domestic unit was largely in tandem with […]
Read MoreMumbai: Snapping its three-session winning streak, the Indian rupee tumbled 28 paise to close at 70.97 against the US dollar on Wednesday as continuing uncertainty over the US-China trade deal affected currency market sentiment worldwide. However, robust foreign fund inflows and easing crude oil prices restricted the fall for the domestic unit, forex brokers said. […]
Read MoreMumbai: The rupee gained 8 paise to close at a fresh five-week high of 70.69 against the US dollar on Tuesday following foreign fund inflows and gains in Asian peers after Chinese central bank cut interest rates. Forex inflows through Bajaj Finance share sale to qualified institutional investors helped the rupee hold strong against a […]
Read More