New Delhi, July 15, 2024. Rupee depreciated 11 paise and settled for the day at an all-time low of 83.62 (provisional) against the US dollar on Monday, weighed down by the overall strength of the American currency in the overseas market. Forex traders said a positive trend in domestic equities, wherein benchmark indices touched all-time…
Jaipur, May 16, 2024. The rupee stayed range-bound and settled 4 paise lower at 83.50 against the US dollar on Thursday, weighed down by unabated foreign fund outflows amid investors’ weak appetite for riskier assets. However, a firm trend in domestic equities supported the local unit and restricted its losses, forex traders said. At the…
New Delhi, April 26, 2024. The rupee depreciated 5 paise to 83.33 against the US dollar in early trade on Friday, tracking a strong greenback overseas and a positive trend in domestic equities. However, elevated crude prices in international markets and unabated foreign capital outflows capped the gains in domestic unit, forex traders said. At…
Mumbai, April 15, 2024. The rupee declined 6 paise to settle at 83.44 (provisional) against the US dollar on Monday, in line with deep losses in equity markets and an elevated dollar against major rivals overseas amid geopolitical tensions. However, weakening crude oil prices in the international markets and positive domestic macroeconomic data restricted the…