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Rupee falls 35 paise to hit all-time low of 83.48 against U.S. dollar

Rupee finally settled at a record low of 83.48 (provisional), registering a fall of 35 paise from the previous close of 83.13. | Photo Credit: The Hindu The Rupee depreciated 35 paise to settle at an all-time low of 83.48 against the American currency on March 22, tracking a surging greenback against major crosses in the overseas markets and weak Asian peers. Forex traders said foreign fund outflows also…

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Markets

Rupee falls five paise to settle at 82.85 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 82.82 and witnessed an intra-day low of 82.91 and a high of 82.82 against the greenback during the trading session. | Photo Credit: The Hindu The Rupee declined by five paise to settle at 82.85 (provisional) against the U.S. dollar on March 13, tracking a broad-based sell-off in domestic markets. Forex traders said the Rupee is likely to…

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Markets

Rupee rises seven paise to settle at 82.83 against U.S. dollar

On March 5, the Rupee settled flat at 82.90 against the U.S. dollar. | Photo Credit: The Hindu The Rupee appreciated seven paise to settle at 82.83 (provisional) against the U.S. dollar on March 6, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities. However, surging crude oil prices in international markets put pressure on the local currency and restricted the rise,…

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Markets

Rupee rises four paise to 82.85 against U.S. dollar in early trade

At the interbank foreign exchange, the local currency opened at 82.86 and gained slightly to 82.85 against the greenback, registering an increase of four paise from its previous close.  | Photo Credit: The Hindu The Rupee appreciated four paise to 82.85 against the U.S. dollar in early trade on March 1 on the back of robust GDP data and massive inflow of foreign funds in the domestic capital markets.…

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