Latest Updates Around The World
Mumbai: The Indian rupee fell on Monday after a three-day rally against the US dollar, although it did not cross the 90 mark. The decline was driven by demand for dollars from local companies and pressure from the non-deliverable futures market, which offset recent intervention-led gains. The rupee closed at 89.65 per dollar, down 0.4% […]
The rupee appreciated 54 paise to close at 89.66 (provisional) against the US dollar on Friday, supported by corporate dollar inflows and falling crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering around USD 59 per barrel supported the domestic unit at lower levels. The gains […]
The Indian rupee soared on Wednesday, posting its best overnight gain in two months, after a crackdown by the Reserve Bank of India ended its five-day slide and eased nascent speculative pressures on the currency.The rupee closed at 90.38 per US dollar, up 0.7% from the closing rate of 91.0275 in the previous session. The […]
The Indian rupee strengthened in early trading on Friday, extending its recovery above the 90 per dollar mark as traders largely steered clear of targeted bets on the currency ahead of a closely watched policy outcome from the central bank. The rupee stood at 89.7250 at 9:25 AM IST, up 0.3% from its previous close. […]
The rupee closed virtually unchanged on Wednesday, falling from a two-week high as dollar demand from importers depreciated, fueled by a rebound in export flows and a mild bullish bias among interbank traders.The rupee closed the session at 88.5875 against the US dollar, up marginally from the closing rate of 88.6050 in the previous session. […]
The rupee devalued by 21 paise to 88.40 against the US dollar in early trade on Tuesday, pressured by month-end dollar demand from importers and a rise in global crude oil prices. Forex traders said investors are watching Wednesday’s Federal Reserve policy decision for further clues. Markets assign a 97.8 percent probability of a 25 […]
The Indian rupid slipped on Wednesday, because Corporate hedging and speculators reinforced the demand for the Greenback in the short term, most of which were reached by dollar sales by foreign banks. The rupee settled on 87,0650 until the US dollar towards the end of 86,9500 on Tuesday when he climbed the most in more […]
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 […]
The Indian rupid remained under pressure on Tuesday, because the demand for dollar from importers and weakness in foreign portfolio flows kept it to the 87 to the American dollar Mark, the weakest level since March. The rupee hit a low four months of 86,9150 against the US dollar before he closed at 86,8150, reduced […]
