Rupee snaps – THE OPEN VIEW

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Rupee snaps 2-day losing streak; firms up 23 paise to 71.57/USD

By Parveen Kumar on February 6, 2019 • ( Leave a comment )

Mumbai : Snapping its two-day losing streak, the rupee ticked higher by 23 paise to close at 71.57 per US dollar Tuesday amid fresh foreign fund inflows and gains in domestic equities. Forex dealers said investors were cautious ahead RBI’s Monetary Policy Committee outcome scheduled for February 7. “Rupee […]

Rupee snaps 3-day losing streak, settles 33 paise higher at 71.68

By Parveen Kumar on December 14, 2018 • ( Leave a comment )

Mumbai : The rupee snapped its three-day losing streak to end 33 paise higher at 71.68 against the US dollar Thursday amid a weak greenback and softening oil prices. Newly-appointed RBI Governor Shaktikanta Das’ comments that he will take all stakeholders along on key issues also bolstered sentiment, analysts […]