The rupee weakened by 12 paise to 64.22 against the US dollar in early trade at the interbank foreign exchange on Wednesday on sustained capital outflows. The rupee opened weak at 64.21 a dollar and touched a low of 64.24 a dollar in early session amid falls in stock markets. It moved in a range […]
The rupee advanced by 8 paise to 64.06 against the US dollar in early session on Tuesday on increased selling of the US currency by exporters and banks. Besides, the dollar’s weakness against major currencies overseas and a higher opening in domestic stocks kept the domestic unit in good spirit, forex dealers said. Yesterday, the […]
Forex dealers said apart from the dollar’s gains against some other currencies overseas, a lower opening in the domestic equity markets weighed on the rupee. Indian rupee slips 16 paise against US dollar. The rupee weakened by 16 paise to 63.79 against the US dollar in early trade today as the greenback firmed up overseas […]
Yesterday, the Indian rupee faced a temporary hitch and retracted from its two-year high to close at 63.80 a dollar by tumbling 22 paise after the four-day strong rally lost momentum on sharp recovery of the US currency. The Indian rupee firmed up 5 paise to 63.75 against the US dollar in early trade on […]
On Wednesday, the rupee had surged 37 paise in its best single-day show this year to breach the psychological 64- level, ending at a fresh two-year high of 63.70. This followed the RBI lowering the repo rate by 0.25 per cent. The rupee strengthened by 5 paise to trade at a fresh two-year high of […]