Thursday, March 30, 2023

Rupee

Rupee extends gains, rises 5p to 76.35

Rising for the fourth straight session, the rupee appreciated by 5 paise to close at 76.35 against the US dollar on Thursday after the US Federal Reserve hiked rates by 50 basis points on expected lines but played down...

Rupee rises by 11 paise to 76.50 as dollar retreats from 20-yr high

The rupee appreciated by 11 paise to close at 76.50 against the US dollar on Friday as the greenback retreated from its 20-year high.Expectations of foreign fund inflows in LIC IPO which will open next week, and possible central...

Rupee dives 26 paise to close at 76.68 against USD

The rupee declined 26 paise to close at 76.68 (provisional) against the US dollar on Monday, tracking a strong greenback overseas and a lacklustre trend in the domestic equity markets.At the interbank foreign exchange market, the rupee opened lower...

Rupee slips 14 paise to 75.94 against USD

The rupee declined by 14 paise to close at 75.94 against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine. Persistent foreign capital outflows and subdued domestic equity markets also...

Rupee skids 47 paise to 75.80 against US dollar

The rupee depreciated by 47 paise to close at 75.80 against the US dollar on Wednesday, pressured by the Russia-Ukraine crisis which also sent crude oil above the USD 110 per barrel mark.Forex traders said sustained foreign fund outflows...

Rupee rises for 5th day, advances 11 paise as dollar, crude oil weaken

Rising for the fifth straight day, the rupee extended gains by 11 paise to close at a one-month high of 74.55 against the US dollar on Monday on the back of a weak dollar and softer crude oil prices...

Rupee slides by 24 paise to 9-week low

The rupee slumped further by 24 paise to close at over nine-week low of 75.60 against the US currency on Monday in line with deep losses in the stock markets and a stronger dollar as investors rushed for safe-haven...

Rupee weakens 5 paise to 74.74 a USD

The rupee edged lower by 5 paise to close at 74.74 against the US dollar on Tuesday as stronger greenback, elevated crude oil prices and foreign fund ouflows weighed on forex market sentiment.At the interbank foreign exchange, the rupee...

Rupee jumps 45 paise at 74.62

The rupee surged 45 paise to close at 74.62 (provisional) against the US dollar on Monday supported by positive domestic equities and improved risk appetite. At the interbank forex market, the local unit opened strong at 74.97 against the...

Rupee to slip on expensive crude oil, FII funds’ outflow

Rising global crude oil prices along with FIIs fund outflow from the equity market will further weaken the Indian rupee during the upcoming week.Accordingly, the rupee is expected to trade with a weak bias upto 75 to a USD...