The rupee pared initial gains to settle 3 paise lower at 95.74 against the US dollar on Monday, pressured by a stronger dollar, crude prices, importer demand and caution over fresh US sanctions on Iran amid weak domestic equity markets
The rupee declined 19 paise to close at 95.61 against the US dollar on Monday, pressured by weak domestic equities and higher crude oil prices. Forex traders expect a slight negative bias amid geopolitical uncertainty and broader dollar support
The rupee appreciated 28 paise against the US dollar in early Monday trade, supported by declining crude oil prices, easing geopolitical tensions in West Asia, a weaker dollar index and strong domestic equities, even as foreign institutional investors remained net sellers.
The rupee appreciated 14 paise to 96.28 against the US dollar in early trade, supported by gains in domestic equities. However, higher crude oil prices, geopolitical tensions in West Asia and continued FII outflows limited the local currency's advance
The rupee appreciated 5 paise to 96.11 against the US dollar in early trade on Wednesday, supported by a weaker dollar and positive domestic equities. However, higher crude oil prices, foreign fund outflows and tensions in West Asia limited the currency's gains