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Mumbai: The rupee appreciated 12 paise to 77.46 against the US dollar in opening trade on Monday, supported by a fall in the dollar index and positive domestic equities. At the interbank foreign exchange, the rupee opened at 77.53 against the American dollar, then gained further ground to quote 77.46, registering a rise of 12 […]
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Mumbai: The rupee appreciated 2 paise to 77.59 against the US dollar in the opening trade on Friday, supported by heavy buying in domestic equities and a weak greenback in the overseas markets. However, rising global crude prices and persistent foreign fund outflows capped the rupee’s gain, forex traders said. At the interbank foreign exchange, […]
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Mumbai: The rupee appreciated 7 paise to 77.49 against the US dollar in opening trade on Friday as crude oil prices retreated from the elevated levels. At the interbank foreign exchange, the rupee opened at 77.51 against the American dollar, then gained further ground to quote at 77.49, registering a rise of 7 paise from […]
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Mumbai: The rupee extended its losses and slipped 12 paise to 77.74 against the US dollar in early trade on Thursday, weighed down by a muted trend in domestic equities and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 77.72 against the American dollar, then lost ground to quote at […]
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Mumbai: The rupee depreciated 6 paise to 77.50 against the US dollar in the opening trade on Wednesday as a surging American currency in the overseas markets and persistent foreign fund outflows weighed on investor sentiment. Besides, rising global crude prices impacted the domestic unit, forex traders said. However, a higher opening in the domestic […]
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Mumbai: The rupee depreciated 14 paise to 77.69 against the US dollar in the opening trade on Tuesday tracking persistent foreign fund outflows and elevated global crude oil prices. However, a firm trend in domestic equities capped the losses in the domestic unit, forex traders said. At the interbank foreign exchange, the rupee opened weak […]
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By Gavin Brown, Richard Whittle, Stuart Mills If you had invested £100 ($122) in the cryptocurrency Luna a month ago, you might have been quietly confident you’d made a sensible bet. But Luna’s value has since fallen drastically – on May 13 almost turning zero. Luna was by no means the only victim in a […]
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Mumbai: The rupee slumped 30 paise to 77.55 against the US dollar in opening trade on Thursday as a lacklustre trend in the domestic equity markets and a firm American currency weighed on investor sentiment. Besides, persistent foreign fund outflows and elevated crude oil prices impacted the domestic unit, forex traders said. At the interbank […]
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New Delhi: After Rupee plummeted to an all-time low against the US Dollar, the Congress on Monday attacked the government, saying that it is now time for the rupee to march towards the 100-mark. Congress leader Rahul Gandhi said, “Rupee has fallen to an all-time low to 77.4 to a Dollar. The Prime Minister has […]
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Mumbai: The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then […]
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Mumbai: The rupee appreciated 29 paise to 76.11 against the US dollar in opening trade on Thursday amid weakening of the American currency in the overseas market. At the interbank foreign exchange, the rupee opened at 76.17 against the American dollar, then gained further ground to quote at 76.11, registering a rise of 29 paise […]
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Mumbai: The rupee appreciated 6 paise to 76.44 against the US dollar in opening trade on Monday amid a pullback in global crude prices. However, a weak trend in domestic equities and a strong dollar in the overseas market capped the rupee’s gains, forex traders said. At the interbank foreign exchange, the rupee opened strong […]
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Mumbai: The rupee witnessed a range-bound trading in early trade on Friday as the strength of the dollar in the overseas market and elevated crude oil prices offset the support of positive domestic equities. At the interbank foreign exchange, the rupee opened at 76.62 against the American dollar and moved in a narrow range. It […]
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Mumbai: The rupee depreciated 10 paise to 76.67 against the US dollar in the opening trade on Thursday, weighed down by the strength of the greenback and significant foreign fund outflows. At the interbank foreign exchange, the rupee opened at 76.60 against the American dollar, then lost ground to quote at 76.67, registering a fall […]
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Mumbai: The rupee depreciated 16 paise to 76.72 against the US dollar in opening trade on Wednesday, weighed down by the strength of the greenback and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 76.69 against the American dollar, then lost ground to quote at 76.72, registering a fall of […]
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Mumbai: The rupee declined 23 paise to 76.65 against the US dollar in the opening trade on Monday tracking the strength of the dollar in the overseas market. At the interbank foreign exchange, the rupee opened on a muted note at 76.58 against the American dollar, then fell and touched an early low of 76.65 […]
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Mumbai: The rupee started on a muted note and slipped 6 paise to 76.21 against the US dollar in early trade on Wednesday, tracking the strength of the dollar in the overseas market and weak domestic macroeconomic data. At the interbank foreign exchange, the rupee opened at 76.15 against the American dollar and moved in […]
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By Kim Kaivanto President Vladimir Putin’s demand that “unfriendly countries” henceforth pay for Russian gas in rubles has had several immediate effects. With the Europeans given one week to switch to paying in the Russian currency, it has driven up the price of natural gas, making it more expensive for them to maintain the sanctions […]
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Accordingly, rising prices of crude oil along with other commodities triggered by the Russia-Ukraine war had kept a weak pressure on the rupee.
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Mumbai: India’s foreign exchange (forex) reserves rose by $2.229 billion to $634.965 billion for the week ended January 14, 2022, the Reserve Bank of India (RBI) data showed. The forex reserves had declined by $878 million in the previous week. According to the RBI’s Weekly Statistical Supplement, all categories of the forex reserves increased during the […]
