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The Indian rupee recovered 88 paise to 87.93 against the US dollar, aided by a declining dollar index, lower crude prices, and RBI intervention. Market watchers note the impact of US Fed rate cut signals, global uncertainties, and ongoing US shutdown.
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The rupee traded almost flat at 88.78 against the US dollar in early trade on Friday, staying close to its all-time low amid a firm greenback and importer demand. Traders expect the RBI to monitor the currency closely.
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The Indian rupee fell 3 paise to 88.78 against the US dollar on Thursday, as investors monitored US fiscal developments, trade tariff issues, and FPI activity. Domestic equities provided support, while Brent crude and the dollar index saw marginal declines.
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The rupee rose two paise to 88.75 against the US dollar on Wednesday amid range-bound trading, supported by domestic equities and likely IPO inflows. Analysts expect the currency to stay between 88.50–89.00 as global and domestic factors influence market sentiment.
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Gold prices surged by Rs 9,700 to Rs 1,30,300 per 10 grams in Delhi on Monday amid a depreciating rupee and safe-haven buying. Silver also rose sharply, reflecting strong demand in both domestic and international market
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The rupee rose 6 paise to 88.70 against the US dollar on Friday, supported by a weaker greenback and hopes of an India-US trade deal. FII outflows, rising crude prices, and cautious equity markets limited gains for the local currency.
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The rupee rose 15 paise to 88.60 against the US dollar amid a weaker greenback. Trade uncertainties, H-1B visa fee hikes, and US tariffs continue to weigh, while Commerce Minister Piyush Goyal holds trade talks in the US.
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The Indian rupee slipped 7 paise to 88.80 against the US dollar on Wednesday amid US tariffs and H-1B visa fee hike concerns, coupled with persistent foreign fund outflows. Sensex and Nifty also opened lower, reflecting investor risk aversion.
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The rupee slipped to 88.21 against the US dollar amid US H-1B visa fee hikes impacting IT stocks. Domestic equities opened lower, while forex reserves rose, Brent crude climbed, and PM Modi highlighted GST reforms to boost India's growth.
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The rupee depreciated 7 paise to 88.27 against the US dollar on Friday, pressured by strong dollar trends, weak domestic equities, and US tariff concerns. Forex traders see support at 87.70 and resistance around 88.40 amid volatile market cues.
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The rupee weakened 16 paise to 88.01 against the US dollar on Thursday, tracking a stronger greenback and Fed rate outlook. While equities rallied, traders await India-US trade talks, as Commerce Minister Piyush Goyal projected 6% export growth this year.
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The rupee gained 28 paise to 87.81 against the US dollar on Fed rate cut hopes and dollar weakness. Traders remain cautious ahead of the FOMC outcome as equities rallied and India-US trade talks showed progress.
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The rupee slipped 4 paise to 88.30 against the US dollar on Monday amid trade tariff concerns, foreign outflows, and Fed rate-cut expectations. RBI intervention helped cap losses, while forex reserves rose by USD 4.04 billion last week.
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The rupee slipped 7 paise to 88.42 against the US dollar in Friday’s morning trade amid tariff concerns, strong dollar demand, and FII outflows. Traders expect the currency to remain under pressure despite optimism on US-India trade negotiations.
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The rupee slipped 5 paise to 88.16 against the US dollar on Thursday, tracking cautious sentiment ahead of India-US trade talks. The currency remains range-bound as the RBI intervenes, while equities advanced and global crude prices eased.
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The rupee rose 5 paise to 88.10 against the US dollar in early trade Wednesday, supported by FII inflows and a weaker greenback. However, gains were capped by higher crude oil prices amid geopolitical tensions in West Asia.
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The Indian rupee slipped 18 paise to 87.76 against the US dollar on Friday due to persistent foreign fund outflows and US tariffs. RBI interventions and government support measures aim to stabilize currency and mitigate impact on exporters.
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The rupee gained 18 paise to 87.34 against the US dollar in early trade, supported by positive domestic equities. Traders watch US economic data, August 27 tariffs, and Fed signals, while global oil and India’s forex reserves also showed gains.
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The rupee slipped 11 paise to 87.36 against the US dollar amid rising dollar demand. Positive FII inflows and lower crude prices limited losses as traders awaited US Fed Chair Jerome Powell’s remarks at the Jackson Hole Symposium.
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The rupee gained 6 paise to 86.06 against the US dollar on Friday, supported by softer crude prices and a weaker dollar. However, continued foreign fund outflows limited further gains. Equity markets also opened lower amid trade deal uncertainties.