Mumbai: Political uncertainty as well as capital outflows from the financial markets are likely to restrict the Indian rupee in a range of 70-71 per US dollar next week, experts said on Saturday. However, low crude oil price is expected to limit any weakness in the Indian currency. According to Edelweiss Securities’ Head of Forex […]
Mumbai: The rupee rebounded from six-month low level and appreciated by 23 paise to 71.48 against the US dollar in early trade on Wednesday tracking gains in Asian currencies and fresh foreign fund inflows. On Tuesday, the rupee had closed at a new six-month low of 71.71 against the US dollar as economic uncertainties continued […]
Mumbai: The Indian rupee opened 24 paise down at 71.36 against the American currency on Thursday after the US Federal Reserve cut its benchmark interest rate. At the interbank foreign exchange the domestic currency witnessed heavy volatility in early trade. The rupee opened at 71.36 per US dollar then touched a high of 71.15 and […]
New Delhi: The Indian rupee settled 5 paise higher at 71.71 against the US dollar on Friday, marking its second straight session of gains. Forex traders said the domestic currency traded in a narrow range amid lack of cues on the domestic front. At the interbank foreign exchange market, the rupee opened stronger at 71.77 […]
Mumbai: The Indian rupee lost 16 paise to close at 71.38 against the US dollar on Thursday amid steady rise in crude oil prices and strengthening of the greenback overseas. Forex traders said the rupee is trading in a narrow range amid lack of directional cues from the global market. At the interbank foreign exchange […]
Mumbai: The Indian rupee appreciated by 33 paise to 72.43 against the US dollar in early trade on Tuesday tracking positive opening in domestic equities. At the interbank foreign exchange the rupee opened at 72.50, then gained further ground and touched a high of 72.43 against the US dollar, registering a rise of 33 paise […]
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