On Friday, the rupee had plunged by 37 paise or 0.50 per cent against the US dollar to close at a nearly month's low of 74.89, as investors resorted to risk-off sentiment.
Mumbai: Equity benchmarks made a winning start to the week on Monday as positive results from another COVID-19 vaccine candidate bolstered investor confidence globally. After touching a record intra-day high of 44,271.15, the 30-share BSE Sensex ended 194.90 points or 0.44 per cent higher at 44,077.15. Similarly, the broader NSE Nifty rose 67.40 points or […]
Mumbai: The rupee pared initial gains to settle almost flat at 71.71 against the US dollar on Monday as rising crude oil prices kept investors edgy. Rising crude oil prices and foreign fund outflows weighed on the domestic currency, forex dealers said. Crude oil spurted 0.44 per cent to USD 61.81 per barrel in anticipation […]
Mumbai: The rupee appreciated by 12 paise to 71.67 against the US dollar in early trade on Friday following positive developments in the US-China trade talks. Besides, firm trend in domestic equity markets and easing crude oil prices also revived the rupee sentiment, forex dealers said. At the interbank foreign exchange, the rupee opened strong […]
Mumbai: The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising crude oil prices and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar, showing a […]
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 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 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 […]