Tag: Rupee

Rupee recovers 7 paise against dollar in opening trade

The rupee recovered by 7 paise to 64.90 against the US dollar in opening trade on Wednesday at the forex market on increased selling of the greenback by exporters amid foreign fund inflows. A lower opening of the domestic equity market weighed on the domestic currency, but dollar’s weakness against other currencies limited the losses, …

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March 28, 2018

Rupee opens flat against US dollar

The rupee edged marginally higher by 1 paisa to 65.19 against the US dollar in early trade ahead of the Federal Reserve’s policy decision on Wednesday. Besides, the dollar’s weakness against some currencies overseas, fresh selling of the American currency by exporters as well as banks supported the rupee, forex dealers said. A higher opening …

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March 21, 2018

Rupee depreciates 4 paise against US dollar

The rupee depreciated further by 4 paise to hit its four-month low of 65.21 against the US dollar in opening session on Tuesday on some dollar-buying by importers and banks and weakness in the domestic equity market. The greenback’s gains against major global currencies ahead of the US Federal Reserve’s key policy meet that kicks …

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March 20, 2018

Rupee weakens 9 paise against dollar in opening trade

The rupee depreciated by 9 paise against the US dollar to 65.03 against in opening trade on Monday as the greenback firmed up ahead of US Federal Reserve’s policy meet this week. A strong dollar and sustained foreign fund outflow weighed on the domestic unit amid rising current account deficit in the December quarter, a …

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March 19, 2018

Rupee sheds 3 paise against US dollar in early trade

The rupee depreciated 3 paise to 64.96 against the US dollar in early trade on Friday at the forex market on increased demand for the US currency from importers and foreign fund outflows. Strength in dollar against other currencies overseas as traders eye next week’s US Federal Reserve meeting, and a lower opening in domestic …

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March 16, 2018

Rupee sheds 9 paise against US dollar

The rupee depreciated 9 paise to 64.92 against the US dollar in opening trade on Thursday on fresh demand for the greenback from importers and banks. Also, foreign capital outflows amid a lower opening in the equity market weighed on the domestic units. However, weakness in the US dollar against select currencies on lingering worries …

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March 15, 2018

Rupee opens 2 paise higher against dollar at 64.87

Amid mixed global cues, the rupee opened 2 paise higher at 64.87 against the US dollar on Wednesday at the Interbank Foreign Exchange on selling of the greenback by exporters and banks. The dollar weakened against some currencies overseas after after US President Donald Trump sacked Secretary of State Rex Tillerson. The release of US …

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March 14, 2018

Rupee opens 9 paise higher against US dollar

The rupee inched higher by 9 paise to 64.95 against the US dollar in opening trade on Tuesday on better-than-expected inflation numbers and mild selling of the greenback by exporters amid sustained foreign capital inflows. However, the dollar gains against most major global currencies overseas limited the gains for the domestic unit. A 7.5 per …

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March 13, 2018

Rupee rises 23 paise against dollar in opening trade

The rupee strengthened by 23 paise to 64.94 against the US dollar at the interbank forex market on Monday on fresh selling of the greenback by exporters and banks amid foreign capital inflows. Dealers said dollar’s weakness against a basket of currencies despite strong US jobs report data and early gains in domestic equity markets …

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March 12, 2018

Rupee opens 2 paise lower against US dollar

The rupee was trading lower by 2 paise at 64.91 against the dollar in opening trade on Thursday as the American unit strengthened overseas amid foreign fund outflows. Forex dealers said increased demand for the US currency from importers and the greenback’s gains against other currencies overseas after news of potential US tariff exemptions put …

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March 8, 2018

Rupee weakens 4 paise against US dollar in opening trade

The rupee depreciated 4 paise to 64.83 against the US dollar in opening trade on Tuesday at the forex market due to increased demand for the US currency from importers amid sustained foreign funds outflow. However, a weak dollar in global markets helped the rupee limit its losses, dealers said. Asian currencies were trading lower …

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February 27, 2018

Rupee gains 6 paise against dollar in opening trade

The rupee strengthened by 6 paise to 64.67 against the dollar at the forex market on Monday on fresh selling of the American currency by exporters and banks amid strength in domestic equities. Dealers said dollar’s weakness against other currencies overseas and early gains in domestic equity markets supported the rupee. On Friday, the rupee …

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February 26, 2018

Rupee recovers 17 paise against US dollar in early trade

The rupee recovered by 17 paise to 64.87 against the dollar in early trade on Friday on mild selling of the greenback by exporters and a higher opening in the domestic equity market. Currency traders said strength in the US dollar against major global currencies, however, capped the gains in the domestic unit. On Thursday, …

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February 23, 2018

Rupee declines 30 paise against dollar in early trade

The rupee weakened by 30 paise to trade at a three-month low of 65.06 against the US dollar in opening session on Thursday due to increased demand for the greenback from importers amid heavy foreign fund outflows. The dollar’s gain against major world currencies, after US Federal Reserve minutes hinted at hiking interest rates faster …

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February 22, 2018

Rupee in free fall, slips 8 paise to fresh 3-month low

Extending its losses for the third session, the rupee weakened by 8 paise to trade at fresh 3-month low of 64.87 against the US dollar in opening trade ahead of RBI’s minutes for the latest policy meeting due later on Wednesday. Besides heavy demand for the American currency from importers, persistent outflows by foreign funds …

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February 21, 2018

Rupee falls 31 paise against US dollar in opening trade

The rupee depreciated 31 paise to 64.52 against the US dollar in opening trade at the interbank forex market on Tuesday on increased demand for the greenback from importers and banks. A strong dollar in overseas markets weighed on the Indian rupee, a currency dealer said. On Friday, the rupee had ended 30 paise lower …

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February 20, 2018

Rupee gains 6 paise against dollar in opening trade

The rupee firmed 6 paise at 63.85 against the dollar in opening trade on Friday, maintaining its upward trend for the fourth straight day on sustained selling of the US currency by exporters and banks amid a higher opening in the domestic equity market. The dollar slipped to a three-year low against a basket of …

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February 16, 2018