Opinion: Rupee as reliable currency

[ad_1] <!-- --> Boost in manufacturing exports for sustained current account surpluses is a must while maintaining prowess in service exports and remittances Published Date - 19 April 2024, 11:57 PM By Dr Vaishnavi Sharma &...

Rupee rises 6 paise to close at 83.55 against US dollar

[ad_1] The rupee rebounded from its all-time low levels and appreciated 6 paise to close at 83.55 (provisional) against the US dollar on Thursday, as the American currency and brent crude oil prices retreated from their elevated levels.Also read:Rupee rises...

Rupee gains 12 paise to 83.49 against US dollar in early trade

[ad_1] In the interbank foreign exchange market, the local unit opened at 83.51 against the greenback, touching 83.49 in initial trade, marking a 12 paise rise from its previous close. Published Date - 18 April 2024, 11:46 AM   Mumbai:...

Rupee falls 9 paise to 83.53 against US dollar in early trade

[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...

Rupee falls 6 paise to 83.44 against US dollar in early trade

[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...

G-Sec yields spike, rupee weakens on higher-than-expected US inflation

[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...

Rupee falls 13 paise to close at 83.44 against US dollar

[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...

Rupee rises 9 paise to close at 83.30 against US dollar post RBI policy decision

[ad_1] The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 6.5 per cent for the seventh time in a row.Also...

Rupee falls 3 paise to close at 83.45 against US dollar

[ad_1] The rupee depreciated by 3 paise to close at 83.45 (provisional) against the US dollar on Wednesday, weighed down by elevated crude oil prices in international markets and persistent foreign fund outflows.A muted trend in domestic equities also dented...

Rupee trades in narrow range against US dollar in early trade

[ad_1] The rupee witnessed range-bound trading in initial deals against the US dollar on Wednesday, as the support from positive macroeconomic data was negated by elevated crude oil prices. Forex traders said a negative trend in domestic equities and the...
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