The rupee pared its initial gains to close unchanged at 95.89 against the US dollar on Friday. Support from domestic equities and lower crude prices helped cap losses, while a strong dollar weighed on the Indian currency, forex traders said
The rupee slipped below 96 against the US dollar in intraday trade before recovering to settle 3 paise lower at 95.94. Likely RBI intervention, softer dollar index and crude prices helped the currency pare initial losses amid global uncertainties
The rupee gained 6 paise to settle at 95.39 against the US dollar on Friday, supported by lower global crude prices and RBI intervention. However, a stronger dollar and foreign investor outflows kept the domestic currency under pressure
The rupee settled nearly flat at 95.71 against the US dollar on Friday after paring early gains. While a weaker dollar and positive domestic market sentiment offered support, geopolitical tensions and crude oil concerns limited the currency’s rise
The rupee weakened by 4 paise to close at 96.57 against the US dollar as elevated crude oil prices and weak domestic equities weighed on sentiment. Traders said likely RBI intervention helped limit losses despite heightened geopolitical tensions in West Asia
