Tag: Dollar

Mumbai: The rupee appreciated 20 paise to 69.75 against the US currency in opening trade Monday amid weakening of the American unit and positive opening in the domestic equity market. Forex traders said weakening of the US dollar against some currencies overseas aided the local unit. Meanwhile, the dollar index, which gauges the American currencies […]

Mumbai: The rupee appreciated 37 paise to 71.19 against the US dollar in early trade at the interbank foreign exchange Tuesday after crude prices fell to a 14-month low level in international market. The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit’s weakness against some currencies […]

Mumbai: Domestic benchmark indices ended on a negative note after a choppy session Friday amid weak global cues as the US Fed hinted at a rate hike next month. The 30-share Sensex fell 79.13 points, or 0.22 per cent, to close at 35,158.55. The broader NSE Nifty lost 13.20 points, or 0.12 per cent, to […]

Mumbai: The rupee Thursday weakened by 24 paise to hit another low of 74.45 against the US dollar on strong demand for the American currency from importers amid unabated foreign fund outflows and a sharp losses in the domestic equity market. At the Interbank Foreign Exchange (forex) market, the domestic currency opened weak at 74.37 […]

Mumbai: The rupee slumped to a fresh record low of 71 against the dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices. At the Interbank Foreign Exchange (Forex) market, the local currency opened lower at 70.95 a dollar and slipped further to hit […]

Mumbai: The rupee today weakened 10 paise to 64.68 against the dollar in early session as demand for the American unit from importers and banks picked up. Other than the demand surge, the dollar stayed ahead of the curve against a few currencies overseas that pushed down the rupee. It was domestic equities with a […]

Mumbai: The rupee recovered 13 paise to 64.53 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange market on fresh selling of the American currency by banks and exporters. Forex dealers said a higher opening in the domestic equity market, which soared to a new high, and a weakening dollar […]

Mumbai: The rupee weakened by 13 paise to 64.57 against the US dollar in early trade on increased month-end demand for the American currency from importers and banks. Forex dealers said the US dollar’s gain against other currencies overseas and a lower opening of the domestic equity market put pressure on the rupee. The rupee […]

Mumbai: The rupee appreciated by another 7 paise to 64.55 against the dollar in early trade today at the Interbank Foreign Exchange amid sustained selling of the American currency by exporters and banks. Forex dealers said that apart from weakness in the dollar against some currencies overseas, increased foreign fund inflows and a higher opening […]

Mumbai: The rupee strengthened by 15 paise to 64.49 per dollar in early trade on selling of the US dollar by banks and exporters. Stock markets opened on a firm note which supported the rupee in early trade, dealers said. However, the US dollar’s strength against major global currencies overseas capped the rupee’s gain, they […]

Mumbai: The rupee recovered 13 paise to 64.25 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters and banks. Besides, a higher opening of domestic stocks and fresh bout of foreign fund inflows kept the domestic unit in high spirits, forex […]

Mumbai: The rupee recouped sharply by 24 paise to 64 against the US dollar in early trade today on increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market. Forex dealers said weakness in the dollar against other currencies overseas supported the rupee. Further, a higher […]

Bhubaneswar: The BJP-led government at the Centre is taking all possible measures to check the rising prices of petrol and diesel, said Union Petroleum and Natural Gas Minister Dharmendra Pradhan. Talking to reporters on the sidelines of the National Convention of Company Secretaries in Bhubaneswar, Pradhan stated that, ‘The prices of crude oil have risen […]

Mumbai: In a choppy week’s trade, the Indian currency weakened against the US dollar to close above the 71 a dollar mark on Friday, owing to a sharp rise in crude oil prices, turmoil in the equity markets and uncertainty around the US-China trade relations. In what could translate into further trouble for the domestic […]

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE opened at 36,138.83 points and touched a high of 36,230.99. The Sensex touched a low of 36,129.66 points. On Tuesday, the Sensex closed at 35,973.71 points. The Sensex is trading […]