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Tag Archives: Indian rupee

Indian rupee start weaker at 62.80per dollar

MUMBAI: The Indian rupee has opened lower by 13 paisa at 62.80 per dollar on Friday against previous day’s close of 62.67. The dollar index bounced off a three-week trough led by some upbeat economic data and a rise in US treasury yields. Pramit Brahmbhatt of Veracity said, “Local equity market is likely to trade sideways today and will take ... Read More »

Indian rupee weakens by 31 paisa to 62.64 against US dollar

MUMBAI: The Indian rupee weakened by 31 paise to 62.64 against the US dollar today at the Interbank Foreign Exchange on month-end demand for the American currency from banks and importers. Forex dealers attributed the fall in the rupee to increased demand for the dollar from importers and a lower opening of the domestic equity market but the Greenback’s weakness ... Read More »

Indian rupee declines 5 paisa against US dollar on American currency importer’s demand  

MUMBAI: The Indian rupee depreciated by five paise at 62.57 against the US dollar today on fresh demand for the American currency from importers. Besides, a lower opening in domestic equity markets put pressure on the local unit, forex dealers said. The rupee had gained 17 paise to end at 62.52 against the US dollar yesterday. Meanwhile, the benchmark BSE ... Read More »

Indian rupee strengthens 9 paisa to 62.72 against US dollar

MUMBAI: The Indian rupee gained 9 paisa to 62.72 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by banks and exporters amid lower dollar value overseas on tepid US manufacturing data. Forex dealers said sustained capital inflows and a higher opening of the domestic equity market boosted the ... Read More »

Indian rupee slightly higher against US dollar

MUMBAI: The Indian rupee on Monday strengthened marginally against the dollar after India’s trade deficit narrowed to 17-month low. India’s trade deficit narrowed to $6.8 billion in February as oil imports declined by over 55% from a month earlier. Imports fell an annual 15.66% last month year-on-year to $28.39 billion. Merchandise exports also declined 15.02% year-on-year to $21.55 billion, government ... Read More »

Indian rupee strengths against US dollar

MUMBAI: Indian rupee has strengthened on Friday against US dollar. Indian currency rose 3 paise or 0.05 percent against dollar to trade at 62.48. Rupee has witnessed a high of 62.43 and a low of 62.51. Its 52-week range was 58.34-63.89. ICICIdirect expects the US dollar to meet supply pressure on rallies against the rupee. Utilise rallies in the USD/INR ... Read More »

Indian rupee declines 67.78 per dollar at start

Mumbai: The rupee on Thursday opened flat against the dollar on weak Asian currencies. The Indian currency opened at 62.78 per dollar compared with its previous close of 62.7813. The dollar index, which measures the US currency’s strength against major currencies, was trading at 99.97, up 0.18% from its previous close of 99.795. The equity benchmark S&P BSE Sensex was ... Read More »

Indian rupee weakens as dollar touch 12yrs height

Mumbai: The Indian rupee weakened on Wednesday as the dollar index tocuhed a 12-year high. The local unit opened at 62.83 per dollar. At 9.08 am, the home currency was trading at 61.79, down 0.03% from previous close of 62.78. The dollar index, which measures the US currency’s strength against major currencies, was trading at 98.723, up 0.11% from the ... Read More »

Indian rupee trade 25 paisa lower against US dollar

MUMBAI: The rupee weakened further by 25 paisa to trade at a fresh two-month low of Rs 62.80 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback’s value against other currencies overseas. Dealers attributed the fall in rupee to dollar’s gains against other currencies overseas and a lower opening in ... Read More »

Indian rupee trade 25 paisa lower against US dollar

MUMBAI: The rupee weakened further by 25 paisa to trade at a fresh two-month low of Rs 62.80 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback’s value against other currencies overseas. Dealers attributed the fall in rupee to dollar’s gains against other currencies overseas and a lower opening in ... Read More »

Indian rupee declines by 50 paisa to 62.66 against dollar in early move

MUMBAI: Indian rupee plummeted by 50 paisa to 62.66 against the US dollar in early trade today as the American currency strengthened overseas. Forex dealers said besides the dollar’s gains against other currencies overseas on an upbeat US jobs data, fresh demand from importers for the Greenback and a weak opening in the domestic stock market put pressure on the ... Read More »

Indian rupee declines by 50 paisa to 62.66 against dollar in early move

MUMBAI: Indian rupee plummeted by 50 paisa to 62.66 against the US dollar in early trade today as the American currency strengthened overseas. Forex dealers said besides the dollar’s gains against other currencies overseas on an upbeat US jobs data, fresh demand from importers for the Greenback and a weak opening in the domestic stock market put pressure on the ... Read More »

Indian rupee recovers 5 paisa against US dollar after 4 day fall

MUMBAI: Snapping its four-day falling streak, Indian rupee today recovered by 5 paise to 62.20 against the US dollar in early trade at the Interbank Foreign Exchange market on back of selling of the American currency by exporters. According to Forex dealers, a higher opening in the domestic equity market and weakening dollar against other overseas currencies, strengthened the rupee. ... Read More »

Indian rupee strengthens by 27 paisa against US dollar

MUMBAI: The rupee strengthened by 27 paise to trade at 61.65 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange after the RBI cut interest rates by 0.25 per cent to 7.5 per cent. Forex dealers said besides a higher opening in domestic equity market, the dollar’s weakness against other Asian currencies supported the rupee. The ... Read More »

Indian rupee opens lower at 61.88/ dollar

MUMBAI: The Indian rupee on Monday weakened against the dollar, tracking losses in the Asian currencies market. The local unit opened at 61.88 per dollar. At 9.09 am, the home currency was trading at 61.87, down 0.05% from its previous close of 61.83. The dollar index, which measures the US currency’s strength against major currencies, was trading at 95.438, up ... Read More »

Indian rupee opens lower at 61.88/ dollar

MUMBAI: The Indian rupee on Monday weakened against the dollar, tracking losses in the Asian currencies market. The local unit opened at 61.88 per dollar. At 9.09 am, the home currency was trading at 61.87, down 0.05% from its previous close of 61.83. The dollar index, which measures the US currency’s strength against major currencies, was trading at 95.438, up ... Read More »

Indian rupee stronger by 15 paisa against dollar

MUMBAI: Indian rupee strengthened by 15 paise to 62.05 against the US dollar in early trade today at the Interbank Foreign Exchange on increased foreign capital inflows. Forex dealers said besides the dollar’s weakness against other currencies overseas, a higher opening in domestic stock market, supported the rupee. The rupee had ended 11 paise higher at 62.20 against the US ... Read More »

Indian rupee weakens against US dollar in early trade

NEW DELHI: The Indian rupee weakened against the US dollar in the morning deals on Tuesday. Against the greenback, the rupee fell to a 5-day low of 62.3400. At yesterday’s close, the rupee was trading at against the greenback. If the rupee extends its downtrend, it is likely to find support around the 62.80 area. Traders await the the key ... Read More »

Indian rupee weakens against US dollar in early trade

NEW DELHI: The Indian rupee weakened against the US dollar in the morning deals on Tuesday. Against the greenback, the rupee fell to a 5-day low of 62.3400. At yesterday’s close, the rupee was trading at against the greenback. If the rupee extends its downtrend, it is likely to find support around the 62.80 area. Traders await the the key ... Read More »

Indian rupee strengthens by 7 paisa to 62.15 against dollar at start

MUMBAI: Indian rupee strengthened by seven paisa to 62.15 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks. Forex dealers said besides selling of the US currency by exporters and banks, a higher opening in domestic stock market and the dollar’s weakness against other currencies ... Read More »