Tag: Interbank Foreign Exchange

Rupee drops 20 paise to close at 73.47 against US dollar

At the Interbank Foreign Exchange, the rupee opened on a weak note at 73.44 and further slipped to hit an intra-day low of 73.47 against the US currency.

October 26, 2018

Rupee skids 24 paise to close at 73.56 against US dollar

Unabated capital outflows by foreign funds, and heavy selling in domestic equities dampened the sentiment, dealers said.

October 22, 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 hits all-time low of 74.45 against US dollar; markets bleed

Meanwhile, the BSE benchmark Sensex crashed 1,030.40 points, or 2.95 per cent, to hit 33,730.49 in opening trade.

October 11, 2018

Rupee rebounds from lifetime lows, gains 18 paise

However, the rupee erased some gains and finally settled for the day at 74.21 -- up by 18 paise, registering its first rise after sixth straight sessions of losses.

October 10, 2018

Lower GST rates lift equity indices; Rupee surges 19 paise against US$

Sensex touched a high of 36,623.65 points and a low of 36,491.83 points during the intra-day trade.

July 23, 2018

Rupee softens 12 paise against dollar

The rupee weakened by 12 paise to 63.61 against the US dollar in opening trade at the interbank foreign exchange on Tuesday after concerns over trade deficit ballooning to a three-year high. Trade deficit or the difference between imports and exports was USD 14.88 billion in December, up about 41 per cent year-on-year, as crude …

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January 16, 2018

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 turns weak against dollar in early trade

The rupee dropped marginally against the US currency to 64.14 in early trade today on some dollar demand from importers and banks. The rupee opened lower by 5 paise at 64.18 against the last close of 64.13 at the interbank foreign exchange. It moved in a range of 64.18 to 64.13 in early trade before …

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September 19, 2017

Rupee surges 21p against Dollar after no rate hike by US Fed

The Rupee surged by 21 paise to 64.16 against the US currency in early trade at the Interbank Foreign Exchange on Thursday as the Dollar weakened globally after the US Federal Reserve kept policy rates unchanged. Increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market …

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July 27, 2017

Rupee weakens by 5 paise on strong Dollar demand

The Rupee fell by 5 paise to 64.43 against the US Dollar in early trade on Wednesday due to increased demand for the American currency from importers. Forex dealers said Dollar strengthening against other currencies overseas as investors awaited a statement from the US central bank weighed on the Rupee sentiment. Domestic stock markets opening …

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July 26, 2017

Rupee gains 4 paise against Dollar in early trade

The Rupee strengthened by 4 paise to 64.32 against the US Dollar in early trade at the Interbank Foreign Exchange market on sustained selling of the American currency by banks and exporters. Forex dealers said that besides continued selling of the greenback by banks and exporters, a higher opening of the domestic equity market backed …

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June 6, 2017

Rupee advances 7 paise against Dollar in early trade

The Rupee appreciated by another 7 paise to 64.55 against the Dollar in early trade on Friday 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 …

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May 26, 2017

Rupee gains 13 paise against Dollar in early trade

The Rupee recovered 13 paise to 64.25 against the US Dollar in early trade on Monday 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 …

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May 8, 2017

Rupee advances 13 paise in early trade

The rupee gained 13 paise to trade at fresh 21-month high of 63.98 against the Dollar in early trade on Thursday at the Interbank Foreign Exchange amid sustained selling of the greenback by exporters and banks. Forex dealers said that apart from weakness in the Dollar against other currencies overseas, robust foreign fund inflows supported …

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April 27, 2017

Rupee up 10 paise in early trade

The rupee strengthened by 10 paise to 64.34 against the US Dollar in early trade on Tuesday on increased selling of the American currency by banks and exporters. Forex dealers said that apart from sustained selling of the greenback by banks and exporters, a higher opening of the domestic equity market backed up the Rupee …

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April 25, 2017

Rupee down 13 paise against dollar in early trade

The rupee lost 13 paise against the dollar to 64.71 in early trade on Thursday on the Interbank Foreign Exchange due to appreciation of the US currency overseas. Increased demand for the dollar from importers also put pressure on the rupee. Dealers attributed the rupee's fall to dollar gains against other currencies overseas but a …

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April 20, 2017