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Rupee and Forex Movement

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Rupee and Forex Movement

TREND | 03 Jul 2024

Rupee Weakens Against Dollar As US Crude Stockpiles Shrink

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The local currency weakened by 2 paise to open at Rs 83.52 against the greenback.

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Rupee and Forex Movement

TREND | 02 Jul 2024

Indian Rupee Opens Weaker After Crude Hits Two-Month High

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Rupee depreciated 6 paise to open at Rs 83.50 against the greenback, according to Bloomberg. It closed at Rs 83.44 on Monday.

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Currency market today: Rupee falls 12 paise to 83.56 against US dollar in early trade

Business Line | 02 Jul 2024 3 more

Rupee falls 11 paise to 83.45 against US dollar

Business Line | 01 Jul 2024

Currency market today: Rupee falls 9 paise to 83.43 against US dollar in early trade

Business Line | 01 Jul 2024

Rupee falls 9 paise to 83.43 against US dollar during early trade

Business Standard | 01 Jul 2024

R

Rupee and Forex Movement

TREND | 01 Jul 2024

Rupee Tracks Asian Peers To Open Little Changed Against Dollar

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Rupee opened little changed at Rs 83.4 against the greenback, according to Bloomberg. It had closed at Rs 83.39 on Friday.

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Rupee and Forex Movement

TREND | 29 Jun 2024

Goldman Uses Euros To Fund Its Favorite Carry Trade: The Rupee

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The rupee remains a favorite in the region with Goldman Sachs citing the attractive carry-to-volume as a key reason. The central bank's repeated interventions, aided by $650 billion of foreign-exchange reserves, have made the rupee one of the most stable currencies in the world.

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Rupee and Forex Movement

TREND | 28 Jun 2024, 06:03PM

Indian Forex Reserves Rise To $653.7 Billion

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The rise in forex reserves is despite the RBI selling dollars to ease pressure off the rupee.

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Rupee and Forex Movement

TREND | 28 Jun 2024, 09:36AM

Rupee Opens Stronger As JPMorgan Begins India Bonds Inclusion

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Rupee appreciated by 6 paise to open at Rs 83.40 against the greenback, according to Bloomberg. It closed at Rs 83.46 on Thursday.

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Rupee and Forex Movement

TREND | 27 Jun 2024, 10:15AM

Rupee appreciates 8 paise to 83.49 against US dollar in early trade

Business Standard

The rupee appreciated 8 paise to 83.49 against the US dollar in early trade on Thursday, as crude oil prices retreated from their elevated levels. Forex traders said the strength of the American currency in the overseas market and foreign fund outflows weighed on the local unit and restricted the upmove. At the interbank foreign exchange market, the local unit opened at 83.56 and gained further ground to trade at 83.49 against the greenback in initial deals, registering an increase of 8 paise from its previous closing level. On Wednesday, the rupee depreciated 14 paise against the US dollar and settled at 83.57. "Stronger fundamentals such as stable inflation, accelerated economic growth, higher business activity, and a controlled Current Account Deficit offer a counterbalance supporting the rupee. Additionally, continuous RBI intervention has also helped prevent significant rupee depreciation," CR Forex Advisors MD Amit Pabari said. Meanwhile, the dollar index, which gauges the .

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Rupee Opens Stronger Against Dollar With US GDP In Focus

NDTV Profit | 27 Jun 2024, 09:49AM 9 more

Indian rupee snaps three-day winning streak tracking weak Asian peers

Business Standard | 26 Jun 2024

Rupee weakens amid dollar bids related to expiry of currency futures

Business Standard | 26 Jun 2024

Rupee Opens Weaker Against The Dollar As Oil Prices Rise

NDTV Profit | 26 Jun 2024

Rupee settles 3 paise higher at 83.44 against US dollar

Business Line | 25 Jun 2024