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The Indian rupee fell to a lifetime low on Tuesday as weak risk appetite compounded ongoing pressure from hedging demand and portfolio outflows amid continued uncertainty over a US trade deal.The rupee fell to 91.0750 per dollar before ending 0.3% lower at 91.0275. The currency has fallen more than 6% against the dollar this year […]
Gold and silver prices opened strongly on the domestic futures market on Monday. February gold futures traded at Rs 1,30,383 per 10 gram, up Rs 879 or 0.68%, while silver March futures rose to a fresh peak of Rs 1,78,620 per kg, gaining Rs 3,639 in early trade.The rally was driven by a weaker dollar, […]
The Indian rupee remained within a narrow range of its all-time lows on Monday after a broadly softer dollar amid improved risk appetite globally provided little comfort for the currency in the face of continued interbank demand for dollars.The rupee closed at 88.6975 against the US dollar, down marginally from the previous close of 88.66. […]
The Indian rupee extended losses for a third consecutive session on Tuesday and concluded a new record layer of 87.80 per dollar. The persistent weakness reflects the ongoing dollar question of oil companies and importers, in combination with continuous foreign portfolio investor (FPI), flows from Indian shares, caused by increased trade tensions after US President […]
