The rupee decreased 30 paise to 77.55 against the U.S. dollar in opening trade on Thursday as a dark trend in the domestic equity markets and a solid American currency weighed on investor sentiment. Apart from, persistent foreign fund outflows and raised crude oil prices impacted the domestic unit, Forex traders said. The dollar index,…
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…
Friday, Indian rupee raised 13 paise to 75.90 against the US dollar. It was opened at 75.99 against the US dollar and touched an intraday high of 75.70, finally closed at 75.90, registered a rise of 13 paise over its previous close. On Thursday, the rupee had declined 19 paise, closed at 76.03. “Indian economy…
