Tag: Interbank Foreign Exchange

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 gained 19 paise against the US dollar Wednesday to trade at 69.95 after increased selling of the US currency by exporters and banks. However, a lower opening of the domestic equity markets capped the rise, dealers said. At the Interbank Foreign Exchange, the rupee opened on a strong note at 69.79 a […]

Mumbai: The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar’s strength against some currencies overseas weighed on the rupee […]

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 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 Monday declined by 25 paise to close at 69.42 against the US dollar as forex traders turned cautious in a holiday-truncated week. At the Interbank Foreign Exchange (forex), the domestic currency opened at 69.07 a dollar and fell further to touch the day’s low of 69.46. It finally settled at 69.42 per […]

Mumbai: The rupee fell sharply by 47 paise to 69.82 against the US dollar in early trade Monday on higher demand for the greenback from importers and banks. Forex dealers said besides increased demand of the US currency from importers, lower opening of the equity markets weighed on the rupee. The domestic unit opened lower […]

Mumbai: The rupee Thursday surged 24 paise to close at a one-week high of Rs 69.44 against the US currency on the back of a rally in equities and losses in the dollar after the US Federal Reserve hinted at a possible rate cut in near future. The rupee rose to a high of 69.35 […]

Mumbai: The Indian rupee opened on a flat note and fell 5 paise to 71.17 against the US dollar in early trade on Monday tracking muted opening in domestic equities. At the interbank foreign exchange, the rupee opened at 71.15 then fell to 71.17 against the US dollar, showing a decline of 5 paise over […]