US dollar

Rupee ends 5 paise lower at 73.36 against USD

7:40 pm October 15, 2020

Mumbai: The Indian rupee on Thursday settled 5 paise lower at 73.36 to the US dollar as weaker Asian peers and fund outflows from domestic markets weighed on investor sentiment. Additionally, importers’ mid-month dollar demand also put pressure on the local unit, analysts said. At the interbank forex market, the rupee opened on a steady […]

Rupee drops for 2nd day, skids 7 paise to 73.35 per USD

7:40 pm October 13, 2020

Mumbai: The rupee depreciated 7 paise to close at 73.35 against the US dollar on Tuesday, tracking muted domestic equities and a strengthening greenback overseas. At the interbank forex market, the rupee opened on a weak note at 73.41, and shuttled between a high of 73.32 and a low of 73.41 against the American currency. […]

Rupee drops 12 paise to 78.28 on strong dollar

7:59 pm October 12, 2020

Mumbai: The rupee snapped its three-session winning run on Monday, declining by 12 paise to close at 73.28 against the US dollar amid weakening Asian peers against the greenback. Starting off on a bullish note, the Indian currency touched the day’s high of 73.06 before losing momentum. It swung 25 paise during the session. Clocking […]

Rupee settles 8 paise higher at 73.16 against US dollar

6:13 pm October 9, 2020

Mumbai: The rupee strengthened by 8 paise to close at 73.16 (provisional) against the US dollar on Friday after the Reserve Bank of India decided to keep benchmark interest rate unchanged. Reserve Bank of India on Friday kept repo rate unchanged at 4 per cent but maintained an accommodative stance, implying more rate cuts in […]

Rupee recovers by 13 paise; ends 2-day losing streak

6:56 pm October 7, 2020

Mumbai: Snapping its two-day losing streak, the rupee strengthened by 13 paise to settle at 73.33 against the US dollar on Wednesday, aided by foreign fund inflows and positive domestic equities. At the interbank forex market, the domestic unit opened at 73.53 against the US dollar, and moved in a range of 73.29 and 73.55. […]