Key Points
appreciated 5. paise. to 83.19 against the US dollar in early trade on Friday, supported by positive domestic equities and foreign fund inflows..
However, forex traders said the Indian currency remained under pressure amid a strong American currency and rising crude oil prices...
At the interbank foreign exchange, the domestic currency opened at 83.23 and touched 83.19 against the greenback in initial trade, registering a rise of 5 paise from its previous close...
The dollar was steady, heading for its strongest weekly performance on scaled back expectations of steep and early rate cuts this year ahead of the closely watched US payrolls data, said Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP...
You might be interested in
Rupee rises 9 paise to 83.06 against US dollar in early trade
08, Jan, 24India Business News: The rupee appreciated against the US dollar due to positive domestic equity markets and foreign fund inflows. However, the domestic currency was affec
How Israel-Palestine war can upset RBI's inflation management
10, Oct, 23According to the central bank, if crude oil prices go 10 per cent above the assumption, domestic inflation could be higher by 30 bps and growth weaker by around 15 bps.
Rupee trades flat against US dollar in early trade
26, Jun, 23India Business News: MUMBAI: The rupee traded almost flat at 81.
Rupee falls 10 paise to 82.75 against US dollar on foreign outflows
16, Mar, 23Global oil benchmark Brent crude futures rose 061 per cent to USD 7414 per barrel
Rupee rises 18 paise to 82.77 against US dollar in early trade
15, Jan, 24India Business News: The domestic currency opened at 82.82 and touched 82.77 against the greenback, registering a rise of 18 paise. The rupee strengthened for the eighth c
Crude oil steadies as market awaits US Federal Reserve rate outlook
14, Jun, 23Brent crude futures were up 9 cents, or 0.1%, at $74.38 a barrel by 0340 GMT. U.S. West Texas Intermediate (WTI) crude was at $69.43 a barrel, up 1 cent.
Rupee opens lower by 10 paise against U.S. dollar
29, Mar, 23The rupee declined by 10 paise to 82.26 against the U.S. dollar in opening trade on March 29 due to firm crude oil prices and a stronger greenback in overseas markets
Oil reports second straight weekly gain on Israel-Hamas concerns; Brent settles lower at $92/bbl
21, Oct, 23Both Brent crude and US WTI had gained more than a dollar per barrel during Friday's session on signs of escalation of the conflict. For the week, both front-month contracts rose over 1 per cent, a second straight weekly jump.
Rupee rises 3 paise to trade at 83.25 against the US dollar
22, Dec, 23The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01% higher at 101.85.
Rupee rises 2 paise to settle at 83.32 against US dollar on FII inflows
29, Nov, 23Mumbai, Nov 29 (PTI) The rupee appreciated by 2 paise to close at 83.32 against the US dollar on Wednesday in its second straight day of gains following FII inflows into capital markets and strong stocks rally. A weak American currency against major rivals supported the domestic unit while an upward movement in crude oil […]