The Indian rupee rose 125 paise on Tuesday after the announcement of the US-India trade deal lifted sentiment on the currency and recorded its best day in seven years, LSEG data said. The rupee closed at 90.26/$, compared to the previous close of 91.51/$1, unable to move above 90/$1 due to the presence of the […]
The rupee breached the 91-per-dollar mark for the second time in a month before closing down 14 paise at 90.92 (provisional) against the dollar on Monday as renewed concerns over global trade uncertainties accelerated the withdrawal of foreign funds.Despite the weak US currency and lower crude oil prices, selling pressure on domestic equities pushed the […]
The rupee closed little changed on Friday after the Reserve Bank of India cut its policy rate, sending the currency below 90 per dollar for the first time in almost a week, on concerns over declining dollar inflows into the economy.The rupee closed at 89.98 against the US dollar, little changed from the previous session’s […]