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- May 18th, 2024
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[ad_1] The rupee on Tuesday sank to a record closing low, weighed down by a strong dollar, rising geo-political tensions and sell-off by foreign portfolio investors.The rupee closed nine paise weaker at 83.54 per dollar against the previous close of...
[ad_1] The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative trend in domestic equities and sustained...
[ad_1] The rupee declined 6 paise to 83.44 against the US dollar in early trade on Monday, tracking negative equity markets and withdrawal of foreign funds amid renewed concerns over geopolitical tensions in the Middle East. Forex traders said a...
[ad_1] Yields of government securities (G-Secs) spiked, tracking US Treasury yields, which rose due to higher-than-expected inflation. The rupee weakened against the dollar, which gained against most currencies due to the possibility that rate cuts may be delayed by the...
[ad_1] The rupee depreciated 13 paise to close at 83.44 against the US dollar on Friday, weighed down by a massive sell-off in domestic equities and a strong greenback against major crosses overseas.Forex traders said elevated crude oil prices also...
[ad_1] The rupee appreciated 12 paise to close at 83.19 (provisional) against the US dollar on Wednesday, as equity benchmarks climbing to all-time high levels and a weak greenback against major currencies overseas boosted investor sentiment.Forex traders said the rising...
[ad_1] The Indian rupee strengthened on Wednesday, buoyed by strength in its Asian peers and likely dollar inflows, while traders awaited U.S. consumer inflation data due later in the day.The rupee was at 83.21 against the U.S. dollar as of...
[ad_1] The rupee settled on a flat note on Monday at 83.31 (provisional) against the US dollar, as the support from positive domestic equities was negated by the strength of the American currency in the overseas market. Forex traders said...
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