"us-dollar"

A fall in crude oil prices and early gains in equity markets also supported the local currency, according to forex dealers.

Forex traders said the rupee opened stronger tracking gains in the non-deliverable forward (NDF) markets.

Forex traders said sustained foreign fund outflows and a weak trend in domestic equities weighed on investor sentiments and restricted the appreciation bias.

Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias.

Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias.

Forex traders said sustained foreign fund outflows and a weak trend in domestic equities weighed on investor sentiments and restricted the appreciation bias.

A weak US dollar against leading world currencies and forex inflows aided the sentiment but recession fears after US jobless data weighed on the local unit, forex dealers said.

At the interbank foreign exchange, the local currency opened weak at 82.69 against the dollar, then lost ground further to 82.73, registering a decline of 11 paise over its previous close.

At the interbank foreign exchange, the rupee opened weak at 82.84 against the dollar, then gained some ground to quote at 82.80, registering a fall of 4 paise over its previous close.

A strong dollar against key rivals overseas and losses in the domestic equity markets sapped risk appetite, forex dealers said.

Forex traders said muted domestic equities and foreign fund outflows weighed on the local unit and restricted the appreciation bias.

Forex traders said dollar demand in the overseas market and foreign fund outflows weighed on investor sentiments.

Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit and restricted the appreciation bias.

At the interbank foreign exchange, the domestic unit opened at 81.63 against the dollar, then gained ground to touch 81.55, registering a rise of 17 paise over its previous close.

However, lower crude prices in the international market and fresh foreign fund inflows restricted the rupee's fall, forex dealers said.

At the interbank foreign exchange, the domestic unit opened at 81.72 against the dollar, then gained ground to touch 81.67, registering a rise of 26 paise over its previous close.

At the interbank foreign exchange, the domestic unit opened at 81.84 against the dollar, then lost ground to quote at 81.86, registering a loss of 12 paise over its previous close.

At the interbank foreign exchange, the domestic unit opened up at 81.59 against the dollar, then gained further ground to quote 81.54, registering a gain of 10 paise over its previous close.

Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption despite a slowing economy, adding room for tighter policy by the US Federal Reserve.

Hyderabad: The rupee on Friday rose to 71 paise to 80.69 against the US dollar. A year back, it was around Rs 74 against the US dollar. Last month, the rupee hit a record low of 83.08. It is expected to touch Rs 84 or even more by the end of 2022. Here, let’s see […]