Tag: American currency
17 Results
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RBI sells net $4.05 bn of US dollars in March in spot market
In the previous month, RBI had bought $10.604 billion of the US currency and sold $1.460 billion in the spot market.
May 15, 2020 -
Rupee slumps 27 paise to close at 3-week low of 73.95 against US dollar
Forex traders said increased demand for the US currency from importers and concerns around the rift between the government and the RBI weighed on the local unit.
October 31, 2018 -
Rupee weakens 23 paise to 73.79 against US dollar in early trade
At the interbank foreign exchange, the rupee opened weak at 73.74 then slipped further to quote 23 paise down at 73.79 against the US dollar.
October 23, 2018 -
Rupee skids 13 paise to 73.61 vs US dollar
The US dollar strengthened against its rivals ahead of the Federal Reserve's release of minutes from the September meeting.
October 17, 2018 -
Rupee falls 12 paise to 68.11 vs US Dollar
The rupee tumbled by 12 paise to a fresh three-week low of 68.11 against the US dollar in late morning trade on Tuesday on sustained demand for the American currency from importers and banks amid lower local equities. The rupee opened a tad higher against yesterday’s closing level of 67.99 at the inter-bank foreign exchange …
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June 19, 2018 -
Rupee gains 19 paise against dollar in opening trade
The rupee strengthened by 19 paise to 64.13 against the US dollar in opening trade on Wednesday aided by stronger domestic equities. The weakness in the dollar against some currencies overseas after US Federal Reserve chairman Jerome Powell said that the central bank would remain alert to risks to financial stability in the wake of …
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February 14, 2018 -
Rupee loses 10 paise against dollar in opening trade
The rupee depreciated 10 paise to 64.38 against the US dollar in opening trade on Thursday due to increased demand for the US currency from importers amid fresh foreign funds outflow. However, a weak dollar in global markets helped the rupee limit its losses, dealers said. The rupee opened weak at 64.38 on the interbank …
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February 8, 2018 -
Rupee surges 20 paise against dollar in early trade
The rupee strengthened by 20 paise to 64.04 against the dollar at the interbank forex market on Wednesday on fresh selling of the American currency by exporters and banks ahead of the announcement of RBI’s monetary policy. Dealers said dollar’s weakness against other currencies overseas and early gains in domestic equity markets supported the rupee. …
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February 7, 2018 -
Rupee softens against US dollar in opening trade
The rupee weakened by 3 paise to 64.07 against the US dollar in opening trade on Wednesday on some demand for the American currency from importers and banks. Forex dealers said a weak dollar in overseas markets and early gains in stock markets capped the rupee losses. The dollar was trading lower against Japanese yen …
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January 17, 2018 -
Rupee advances 15 paise against dollar at 64.22
The rupee strengthened by 15 paise to 64.22 against the dollar at the interbank forex market on tuesday on increased selling of the American currency by banks and exporters. The dollar losing sheen against some other currencies overseas also supported the local unit, traders said. Yesterday, the rupee had rebounded by 9 paise to end …
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December 5, 2017 -
Rupee weakens 14 paise to 64.72 against dollar
The rupee dropped 14 paise to 64.72 against the US dollar on Friday after the American currency gained traction among importers. However, the US dollar was listless against the euro in the global market after data showed that the euro zone economy continued to improve and job creation grew at its fastest pace in 17 …
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November 24, 2017 -
Rupee spurts 8 paise against dollar
The rupee was up 8 paise at 64.53 against the dollar in opening trade on Friday, helped by stronger domestic equities. Apart from the selling of the American currency by exporters, forex dealers said, foreign capital inflows and the dollar losing muscle against other currencies overseas kept the rupee in good stead. The domestic stock …
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November 3, 2017 -
Rupee advances 7 paise against dollar at 64.78
The rupee made a cautious rise of 7 paise to 64.78 against the US dollar on Tuesday as the US Fed’s two-day policy meet gets underway. Exporters and banks continued to give the American currency a wide berth. However, the dollar’s overseas strength and a lower opening in the domestic stock market cast a shadow …
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October 31, 2017 -
Rupee advances 16 paise in early trade
The rupee appreciated by another 16 paise to 64.73 against the dollar in early trade on Thursday amid sustained selling of the American currency by exporters and banks. Forex dealers said that apart from weakness in the dollar against major currencies overseas, robust foreign fund inflows supported the rupee. According to the provisional exchange data, …
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October 26, 2017 -
Rupee softens 8 paise against dollar in early trade
The rupee weakened by 8 paise to 65.15 against the US dollar in early trade today at the Inter bank Foreign Exchange on increased demand for the American currency from banks and importers. Dealers attributed the rupee’s fall to the dollar’s strength against some other currencies overseas and unabated foreign fund outflows. Domestic stocks soaring …
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October 25, 2017 -
Rupee drops sharp 32 paise to 65.60 against dollar
The rupee fell sharply by 32 paise to 65.60 against the dollar on Tuesday as the greenback took on more strength overseas. Forex dealers said the greenback hit a one and a half month high overseas after US manufacturing activity in September rose to its highest level in 13 years, bolstering expectations of an interest …
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October 3, 2017 -
Rupee climbs 3 paise against dollar at 64.76
The rupee made a tepid rise of 3 paise to 64.76 against the US dollar in early part of the day as selling of the American currency by exporters and banks gathered pace. However, the dollar’s overseas strength against some currencies and a sharply lower opening in the domestic equity market held the rupee tight, …
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September 25, 2017