Tag: Interbank Foreign Exchange

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...

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...

April 20, 2017