Fbil

Rupee ends almost flat at 69.28 against dollar after RBI cuts rate; foreign fund outflows, crude oil prices keep pressure on currency

To boost the sagging economy, the RBI Thursday lowered its benchmark lending rate to a nearly nine-year low of 5.75 percent

Rupee furthers gains by 44 paise to 69.26 against US dollar amid hopes of a rate cut by Reserve Bank

The domestic currency opened strong at 69.48 and later rose to the day's high of 69.10 at the interbank forex exchange market

Rupee snaps three-day winning streak; settles 20 paise down at 70.23 as rising crude oil prices weigh on investor sentiment

Forex traders said the decline in the local unit was in tandem with the weakness in other major Asian currencies vis-a-vis the US dollar

Rupee gains 19 paise to 69.37 against US dollar on easing crude prices and weakening of greenback

Forex dealers said selling of the American currency by exporters and sustained foreign fund inflows also propped up the rupee

Rupee logs first gain in four days, recovers 25 paise to 69.35 amid sustained foreign fund inflows

At the Interbank Foreign Exchange (forex) market, the rupee opened at 69.48.

Rupee gains 25 paise against dollar amid hopes of incumbent NDA government getting the second term

Besides, sustained foreign fund inflows also helped the rupee trade higher.

Rupee spurts 43 paise to close at 70.49 against US dollar on positive macro data and easing crude prices

Forex traders said heavy buying in domestic equities and sustained foreign fund inflows also propped up rupee

Rupee's tumultuous year ends with 9% annual loss at 69.77; gains 18 paise on last trading session of 2018

Forex traders, however, said fundamentals are supportive for the rupee over the next 6-12 months amid supportive growth momentum, robust forex reserves.