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The rupee weakened by 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by a stronger dollar and weak equities. However, stable inflation data and domestic fundamentals provided some support, forex traders said.
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The rupee strengthened 38 paise to 90.40 against the US dollar in early trade on Thursday, aided by foreign fund inflows and suspected RBI intervention. Ample liquidity, easing dollar index and cautious global cues supported the currency.
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The rupee fell 11 paise to 90.77 against the US dollar in early trade on Tuesday as markets remained cautious after the India-US interim trade framework. Forex experts cited fading optimism and global uncertainties despite steady foreign inflows
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The rupee strengthened 21 paise to 90.44 against the US dollar in early trade on Monday, buoyed by positive sentiment after India and the US reached a framework for an interim trade pact, alongside firm equities and a weaker dollar.
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The rupee strengthened by 11 paise to 90.23 against the US dollar in early trade on Friday amid positive investor sentiment, even as FII outflows, rising crude prices and a firmer dollar limited further gains ahead of the RBI’s MPC decision.
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The rupee gained 7 paise to 90.40 against the US dollar in early trade as investors awaited clarity on the India–US trade deal and cues from the RBI’s interest rate decision, amid weak equities and falling crude prices.
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The rupee weakened 22 paise to 90.54 against the US dollar on Wednesday as traders remained cautious despite optimism over an India-US trade deal, amid the absence of formal documentation and continued dollar buying by corporates and importers.
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The rupee rose sharply by 119 paise to 90.30 against the US dollar in early trade after the US cut tariffs on Indian goods to 18 per cent. Forex traders said the move could improve FII interest in Indian markets.
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The rupee strengthened by 37 paise to 91.56 against the US dollar in early trade on Monday, supported by easing crude oil prices a day after the Union Budget, even as high government borrowing weighed on sentiment.
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The rupee touched a record low of 92 against the US dollar in early trade, pressured by strong dollar demand, rising oil prices and global risk aversion, even as the Federal Reserve kept interest rates unchanged.
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The rupee strengthened by 11 paise to 91.57 against the US dollar in early trade on Wednesday, aided by a softer dollar index and optimism following the landmark India–EU free trade agreement, forex traders said.
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Rupee rebounded 10 paise to 91.80 per dollar Tuesday after retreat in dollar index. Recovery followed record lows amid global uncertainty, FII outflows and weak equities, while traders cited undervaluation, rising reserves and pending US trade deal as stabilising factors
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The rupee recovered 15 paise from record low levels to trade at 91.50 against the US dollar in early trade on Thursday, supported by improved global risk appetite, easing tariff concerns, and firm domestic equities, even as geopolitical risks continue to weigh on sentiment.
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The rupee fell 31 paise to a record low of 91.28 against the US dollar in early trade as rising geopolitical uncertainty, foreign fund outflows and weak domestic equities kept investor sentiment subdued.
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The rupee recovered 12 paise to trade at 90.66 against the US dollar in early trade on Monday, supported by a weaker dollar overseas, though foreign fund outflows, higher crude prices and equity market weakness capped gains.
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The rupee weakened for the third straight session on Friday, slipping 10 paise to 90.44 against the US dollar amid foreign fund outflows and a firm greenback. Lower crude prices and positive equities limited further losses.
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The rupee rebounded from lower levels to gain 11 paise against the US dollar in early trade on Wednesday, supported by softer crude oil prices and a weaker dollar overseas, even as markets remained cautious ahead of key US inflation data.
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The rupee weakened by 5 paise to 90.23 against the US dollar in early trade on Monday amid rising crude oil prices, continued foreign fund outflows and global geopolitical concerns, while markets awaited key macroeconomic data later this week.
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The rupee weakened 7 paise to 89.97 against the US dollar in early trade as foreign fund outflows, rising crude oil prices and concerns over potential US tariff hikes dampened sentiment. Weak domestic equities added to pressure.
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The rupee weakened 3 paise to 89.90 against the US dollar in early trade on Thursday, pressured by rising crude oil prices, foreign fund outflows and a stronger dollar. Weak domestic equities also added to the currency’s losses, traders said.