Wednesday, November 30, 2022

Rupee

Rupee rises 5 paise to close at 81.66 against US dollar

The rupee climbed 5 paise to close at 81.66 (provisional) against the US dollar on Monday as lower crude prices in and a firm trend in domestic equities boosted investor sentiment.Besides, a weak American currency and foreign fund inflows...

Rupee falls by 10 paise to 81.74 against USD

The rupee depreciated by 10 paise to close at 81.74 against the US currency on Friday, marking its third straight day of losses amid a lacklustre trend in domestic equities.However, a weak dollar in the overseas markets restricted the...

Rupee falls 37 paise to close at 81.63 against US dollar

The rupee depreciated by 37 paise to close at 81.63 (provisional) against the US dollar on Thursday, tracking the strength of the American currency in the overseas markets and a muted trend in domestic equities.Forex traders said the American...

Rupee has behaved in an orderly manner: Das

With the rupee witnessing a downward spiral for the past several weeks, even crossing the 83 mark against the US dollar, RBI Governor Shaktikanta Das on Wednesday said that the Indian currency has behaved in an orderly manner and...

Rupee slips to 82.78

The rupee pared its initial gains and settled 34 paise lower at 82.81 against the US dollar on Monday, tracking the strength of the American currency in the overseas market.At the interbank foreign exchange market, the local unit opened...

Rupee touches record low of 83.18

The rupee touched a historic low of 83.18 against the dollar briefly during intraday trading, before it closed at 82.74 on Wednesday. However, the rupee’s close of 82.74 was lower than Tuesday’s close of 82.45 against the dollar.Earlier in...

Rupee falls 5 paise to closeat 82.38 against US dollar

The rupee traded in a narrow range and settled 5 paise lower at 82.38 against the US dollar on Thursday, tracking a muted trend in domestic equities amid weak domestic macroeconomic data.Besides, risk aversion sentiment among investors weighed on...

Rupee falls 14 p to close at 82.35 against US dollar

The rupee fell 14 paise to close at 82.35 (provisional) against the US dollar on Wednesday amid the strengthening of the American currency and sustained foreign fund outflows.Besides, risk aversion sentiment among investors weighed on the local unit.At the...

Rupee drops 10 paise to close at all-time low of 82.40 per USD

The rupee slipped 10 paise to finish at a fresh lifetime low of 82.40 against the US dollar on Monday, weighed down by risk-averse sentiment among investors.Moreover, a negative trend in domestic equities and a firm greenback overseas sapped...

Falling rupee makes education costlier

Studying abroad has become costlier amid a sharp fall in rupee. The cost for studying in the US has gone up by Rs 1.5 to 2 lakh per year.The increase in tuition fees in the US, the UK and...