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New Delhi: India is celebrating its 75th year of Independence and is at the crossroads of realising a resilient economic growth for its people during the next 25 years – what the government terms the country’s “Amrit Kaal”. Keeping other aspects of the economy aside, let us have a glance at how the Indian currency […]
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Mumbai: The rupee depreciated 9 paise to 79.71 against the US dollar in opening trade on Friday, tracking the strength of the American currency in the overseas market and rising crude oil prices. At the interbank foreign exchange, the rupee opened at 79.67 against the US dollar and lost further ground to 79.71, registering a […]
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Mumbai: The rupee was trading in a narrow range against the US dollar in opening trade on Thursday amid a rally in the equity markets. At the interbank foreign exchange, the rupee witnessed range-bound trading in early deals. It opened at 79.22 against the US dollar, then fell to 79.31, registering a decline of 6 […]
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Mumbai: The rupee appreciated by 11 paise to 79.52 against the US dollar in opening trade on Wednesday, tracking easing crude oil prices and foreign fund inflows. Forex traders said sideways USD/INR trades are likely ahead of crucial US inflation data. At the interbank foreign exchange, the rupee opened at 79.59 against the US dollar […]
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Mumbai: The rupee depreciated 22 paise to 79.46 against the US dollar in early trade on Monday, tracking subdued sentiment in the domestic equities. However, persistent foreign fund inflows into the capital market restricted the rupee’s fall, forex traders said. At the interbank foreign exchange, the rupee opened weak at 79.50 against the US dollar […]
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Mumbai: The Indian rupee appreciated 26 paise during the afternoon trade at 79.20 against the US dollar by 12.37 p.m. on Friday, as against 79.46 close on the previous trading session. In the morning trade, the rupee had appreciated more than 50 paise, but as soon as crude oil prices rises the gains has reduced. […]
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Mumbai: The rupee appreciated 46 paise to 78.94 against the US dollar in early trade on Friday ahead of the Reserve Bank of India’s policy meeting outcome. At the interbank foreign exchange, the rupee opened at 79.15 against the American dollar, then touched 78.94, registering a gain of 46 paise over the last close. On […]
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Mumbai: The rupee depreciated 36 paise to 79.51 against the US dollar in opening trade on Thursday, as disappointing macroeconomic data and US-China tensions weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at 79.21 against the US dollar, then fell to 79.51, registering a decline of 36 paise over the last […]
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Mumbai: The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 78.70 against the US dollar, then fell to 78.80 against the greenback, registering a decline of 27 paise over the last close. […]
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Mumbai: The rupee appreciated 30 paise to 79.39 against the US dollar in opening trade on Friday, buoyed by fresh foreign fund inflows into capital markets and a firm trend in the domestic equities. Besides, a weak greenback overseas against key rivals supported the local unit, traders said. At the interbank foreign exchange, the rupee […]
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Mumbai: The rupee appreciated 14 paise to 79.77 against the US dollar in early trade on Thursday tracking the overnight weakness of the American currency. However, higher oil prices, month-end importer demand and global recession fears could restrict the gains for the local unit, forex traders said. At the interbank foreign exchange, the rupee opened […]
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Mumbai: The rupee depreciated 10 paise to 79.88 against the US dollar in opening trade on Wednesday tracking the strength of the greenback in the overseas market and firm crude oil prices. At the interbank foreign exchange, the rupee opened at 79.83 against the US dollar, then fell to 79.88 against the greenback, registering a […]
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New Delhi: After touching an all-time low and psychologically crucial level of 80 per US dollar last week, the Indian currency rupee traded largely steady on Monday. At the time of writing this report, the rupee traded at 79.82, data showed. An elevated risk appetite in the domestic financial markets and softening of crude oil […]
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Mumbai: The rupee appreciated 9 paise to 79.81 against the US dollar in early trade on Monday, supported by the fall in crude oil prices. At the interbank foreign exchange, the rupee opened at 79.86 against the American dollar. In initial trade, the local currency witnessed a high of 79.81 and a low of 79.87 […]
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Mumbai: The rupee depreciated 7 paise to 79.92 against the US dollar in opening trade on Friday tracking the strength of the dollar in the overseas market and firm crude oil prices. At the interbank foreign exchange, the rupee opened at 79.90 against the US dollar, then fell to 79.92 against the greenback, registering a […]
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Chennai: The fall in rupee against the US dollar will be pinching the Indian parents and their wards studying and aspiring to study in that country, said experts and parents. They also said students can look at other countries to pursue their education as the currencies that rupee is appreciating. The rupee has been depreciating against […]
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Mumbai: The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and firm crude oil prices. Forex traders said significant dollar demand from oil importers, firm crude oil prices as well as concerns about swelling trade deficit weighed on investor sentiments. At […]
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Hyderabad: Indian rupee on Tuesday sunk to its lowest 80 to a US dollar as the Indian currency continued to be in the free fall. Later in the day, it recovered to close at 79.92 (provisional) against the US dollar. At the interbank forex market, the local unit opened lower at 80.00 against the US […]
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Mumbai: The rupee appreciated 6 paise to 79.76 against the US dollar in early trade on Monday as a positive trend in domestic equities supported the local unit. However, a strong American currency overseas and forex outflows restricted the rupee’s gain, dealers said. At the interbank foreign exchange, the rupee opened at 79.76 against the […]
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New Delhi: The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation situation could worsen. The primary and immediate impact of a depreciating rupee is on the importers who will have to shell […]
