JUNE 20, 2023 The exchange rate between the US Dollar(USD) and Indian Rupee(INR) is one of the most important rates in the world, and fluctuations in it can have a profound impact on the global economy. In this article, we will examine the factors that impact the value […]
Mumbai : The rupee weakened marginally by 2 paise to close at 68.88 against the US dollar Wednesday amid strengthening of the American currency and robust selling in domestic equities. Forex traders said increased demand for the US currency from importers weighed on the rupee. However, sustained foreign fund […]
Mumbai : The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows. Besides, narrowing country’s trade deficit and selling of the American currency by exporters supported the domestic currency, dealers said. The marginal […]
Mumbai : The rupee appreciated 15 paise to 69.99 against the US dollar Monday on weakening greenback, fresh foreign inflows and higher opening of domestic equities. In its previous session Friday, the rupee edged 14 paise lower to close at 70.14. On a weekly basis, however, the domestic currency […]
Mumbai : The rupee opened 18 paise lower at 70.18 against the US dollar Friday on increased demand for the greenback from importers and banks amid lower opening of domestic equities. Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency. However, […]
Mumbai : The rupee rose 10 paise to 71.14 against the US dollar in opening trade at the interbank forex market Thursday on mild selling of the greenback by exporters and a higher opening in the domestic equity market. Traders said unabated foreign fund inflows too supported the recovery […]
Mumbai : Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at nearly three-month high of 71.38 against the dollar in opening trade Tuesday on persistent foreign fund inflows. Besides, the dollar’s weakness against some currencies overseas also supported the […]
Mumbai, Oct 17 : The rupee strengthened by 6 paise to 73.42 against the US dollar in early trade on Wednesday on increased selling of the American currency by exporters and banks. Forex dealers said weakness in the dollar against some currencies overseas and a higher opening of domestic […]
Mumbai, Oct 16 : The rupee weakened by 9 paise to 73.92 against the US dollar in early trade Tuesday on increased demand for the American currency from banks and importers. At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to […]
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