Rupee Slips 9 Paise To 82.05 Against US Dollar Amid Geopolitical Worries

[ad_1] The rupee closed at the day’s low level of 82.05. (Representational) Mumbai: The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Volatility in equity markets and FII outflows also weighed on the market sentiment, analysts said. After opening … Read more

Rupee rises 7 paise to close at 82.02 against US dollar – Times of India

[ad_1] MUMBAI: The rupee appreciated by 7 paise to close at 82.02 (provisional) against the US dollar on Wednesday as a positive trend in domestic equities and easing crude oil prices supported investor sentiments.However, a strong dollar against major rivals overseas and foreign fund inflows capped the rupee’s gain, forex traders said.At the interbank foreign … Read more

Rupee rises 5 paise to 82.46 against US dollar – Times of India

[ad_1] MUMBAI: The rupee gained 5 paise to 82.46 against the US dollar in early trade on Friday amid positive trends in equities markets.Forex traders said falling crude price and inflow of foreign fund in domestic equities markets also provided support to the Indian currency.At the interbank foreign exchange, the domestic unit opened strong at … Read more

Rupee falls 14 paise to 82.53 against US dollar – Times of India

[ad_1] MUMBAI: The rupee depreciated 14 paise to 82.53 against the US dollar in early trade on Monday, weighed down by strength of the American currency in the overseas market and rising crude oil prices.At the interbank foreign exchange, the domestic unit opened at 82.47, then fell to 82.53, registering a decline of 14 paise … Read more

Rupee May Nudge Higher After Data Indicates Fed May Pause Rate Hikes

[ad_1] MUMBAI: Rupee is poised to open higher on Thursday, after largely in-line US inflation data made it more likely the US Federal Reserve will not raise rates at its next meeting. Non-deliverable forwards indicate rupee will open at around 81.94 to the US dollar compared with 81.9850 in the previous session. Asian peers were … Read more

Rupee falls 2 paise to close at 81.80 against US dollar – Times of India

[ad_1] MUMBAI: The rupee pared initial gains to settle lower by 2 paise at 81.80 (provisional) against the US dollar on Monday, tracking a recovery in crude oil prices.Forex traders said the rupee consolidated in a narrow range as the gains from weak American currency and positive domestic equities were negated by a recovery in … Read more

Oil Prices Up on China’s Strong Economic Data Despite Concerns of US Rate Hike

[ad_1] Last Updated: April 19, 2023, 00:12 IST China’s economy grew by a faster than expected 4.5 percent in the first quarter while oil refinery throughput rose to record levels in March, data showed. (Image: Reuters File) Brent crude rose 49 cents, or 0.6 percent, to $85.25 a barrel by 12:48 p.m. ET, while U.S. … Read more