The rupee recovered from initial losses to settle higher by 13 paise at 71.71 against the US currency on Tuesday, propped up softening crude oil prices and gains in domestic equity markets
Rupee pares morning gains, settles 6 paise down at 71.84 on forex outflows, gains in dollar in global markets
The rupee pared early morning gains to settle down by 6 paise at 71.84 against the US currency on Monday due to continued forex outflows and gains in the dollar in global markets
Forex traders said the rupee is trading in a narrow range as market participants are awaiting cues from the Federal Open Market Committee meeting on 31 July.
The rupee on Tuesday depreciated by 17 paise to close at 68.71 against the US dollar due to rising crude oil prices and foreign fund outflows
Rupee falls 18 paise to 68.84 against dollar in early trade; weak domestic equity market weighs on currency
The rupee opened weak at 69.65 against the US dollar at the interbank forex market
Rupee drops 18 paise to 69.46 against dollar on strengthening of greenback in overseas markets, rising crude oil prices
Forex traders said that weakened Asian currencies also added to the pressure on rupee
Forex traders said that weakened Asian currencies also added to the pressure on Rupee
Rupee edges up 2 paise at 69.72 amid strengthening dollar, rising crude prices, weak domestic equity markets
Backed by foreign fund inflows, the rupee made a recovery later to touch the day's high of 69.66 before settling at 69.72, registering a rise of 2 paise over its previous close.
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Bucking weak market trend, TCS, PowerGrid, HCL Tech, Infosys, HDFC Bank and NTPC rose up to 1.31 percent.
Traders said sustained foreign fund outflows however restricted the rupee up move.
Rupee at 70: Currency rebounds 7 paise against dollar in early trade on fresh selling of greenbacks by exporters
The rupee on Tuesday plunged by 53 paise to close at 70.21 against the US dollar
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Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
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Rupee opened lower at 71.28 against the dollar and dropped further to 71.41, 59 paise down over its previous close.
The Indian rupee on Friday recuperated by 23 paise to close at 70.67 against the US dollar in line with a rally in domestic stocks and positive global cues.
Snapping its four-day rising streak, the rupee on Monday dropped by 88 paise, its biggest single-day loss in more than three months, to close at 70.46 against the US currency as oil prices rebounded and the US currency gained strength
Rupee at 70: Currency falls 10 paise to 70.89 against dollar in early trade on softening crude prices
Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses.
In September 2018, RBI sold $31 million of the US currency in the spot market on a net basis, as per the latest RBI data.
Increased selling of the US currency by exporters and banks and gains in equity markets aided the rupee to post gains for the fourth day.
Rupee rises 10 paise against dollar to 71.87 on increased selling of US currency by banks, exporters
Weakness in the greenback against some currencies overseas, increased foreign fund inflows and a higher opening of domestic equities supported the rupee