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Tag: Spurts

Rupee slips 7 paise to 71.01 against USD

Mumbai: The Indian rupee on Tuesday dropped 7 paise to close at 71.01 against the US dollar as foreign fund outflows and subdued equities weakened forex market sentiment. However, easing crude oil prices and weaker greenback against rival currencies restricted the rupee fall to some extent. Foreign investors pulled out Rs 828.49 crore from Indian […]

Rupee Rises For 6th Day, Spurts 52 Paise To 71.14 Vs USD On Trade Truce Hopes

Mumbai: Continuing its winning run for the sixth straight session, the rupee climbed 52 paise to end at 71.14 against the US dollar on Thursday as signs of easing trade tensions between the US and China buoyed global markets. Easing crude oil prices and fresh foreign capital inflows provided further support, forex traders said. The […]

Rupee sees high volatility
Rupee rises 8 paise to 69.38 vs USD in early trade

Mumbai: The rupee appreciated by 8 paise to 69.38 against the US dollar in opening trade Wednesday, driven by easing crude oil prices and foreign fund inflows. Forex traders said the weakening of the greenback vis-a-vis some major currencies overseas aided the local unit. However, a weak opening in domestic equities weighed on the domestic […]

Rupee spurts 33 paise to 69.39 against US dollar in early trade

Mumbai: The rupee appreciated by 33 paise to 69.39 against the US dollar in opening trade Monday, driven by strong gains in domestic equities and weakening of the greenback in overseas markets. The rupee opened strong at 69.38 at the interbank forex market against previous close of 69.72 per dollar amid sustained foreign fund inflows […]