The rupee fell 21 paise to 94.95 against the US dollar on Wednesday as crude oil prices neared $100 a barrel amid escalating US-Iran tensions. A weak dollar cushioned the decline, while domestic equities also opened sharply lower.
The rupee gained 4 paise to 94.39 against the US dollar in early trade on Monday, supported by strong FCNR-related dollar inflows. However, elevated crude oil prices and global tensions weighed on the currency, limiting its gains.
The rupee rose 2 paise to close at 94.49 against the US dollar on Friday, extending gains for a sixth straight session. Foreign inflows and improved risk appetite supported the currency, while crude prices and US-Iran tensions capped gains
The rupee gained 5 paise to 94.46 against the US dollar in early trade on Friday, supported by foreign inflows and risk appetite. Strong RBI intervention aided gains, while higher crude prices and US-Iran tensions limited further appreciation.
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
