Indian rupee gains 4 paise to 77.62 against the U.S. dollar in opening trade on Monday, supported by a weak American currency in the overseas markets. However, muted domestic equities, uplifted crude oil prices and persistent foreign fund outflows controlled the rupee’s rise, foreign exchange traders said. At the inter-bank foreign exchange, the rupee opened…
The rupee fall 13 paise to 77.67 against the U.S. dollar in early trade on Tuesday, weighed down by the rush in crude oil prices. At the inter-bank foreign exchange, the rupee opened at 77.65 against the U.S. dollar, then lost ground to price at 77.67, registering a fall of 13 paise from the last…
Indian Rupee gains 3 paise to 77.52 against the U.S. dollar in the early trade on Thursday as a positive trend in domestic equities and weak American currency overseas supported the local unit. Although, increasing crude oil prices in the global markets and continued foreign fund outflows kept the pressure on the domestic currency, Forex…
The rupee increased 4 paise to 77.66 against the U.S. dollar in the early trade on Monday as a positive trend in domestic equities and weak American currency overseas supported the local unit. However, unrestricted foreign fund outflows and increasing crude prices in the global markets restricted the rupee’s gain, forex dealers said. Moreover, U.S….
The dollar was down on Tuesday morning in Asian markets but was near to its two-year high against the euro and an 18-month high against the pound. Concerns about the economic effect of China’s COVID-19 lockdowns and the aggressive pace of U.S. interest rate hikes gave the safe-haven dollar a raise. The U.S. Dollar Index that…
