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The rupee appreciated by 8 paise to 88.62 against the US dollar in early trade on Thursday, supported by strong domestic equities and lower crude prices. However, selling by foreign investors limited larger gains, forex traders said.
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Gold prices slipped on Tuesday as a stronger US dollar and waning expectations of further Fed rate cuts prompted investors to book profits. Analysts cited easing US-China tensions and China’s new tax policy as added pressure on bullion demand
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The rupee weakened 7 paise to 88.77 against the dollar on Monday, pressured by rising crude oil prices, foreign fund outflows, and weak equities, even as the dollar eased. Forex reserves and fiscal data also signalled economic pressure.
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The rupee rose 5 paise to 88.64 against the US dollar in early trade on Friday, aided by lower crude prices and a weaker dollar. Persistent foreign fund outflows and equity market selling limited further gains in the domestic currency.
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The rupee fell 21 paise to 88.43 against the US dollar on Thursday amid a stronger greenback after Fed Chair Jerome Powell said a December rate cut is not certain. Weak equities and FII outflows added to the pressure.
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The rupee slipped 12 paise to 87.95 against the US dollar on Monday, weighed down by higher crude oil prices amid optimism over a US-China trade deal. Forex reserves rose by USD 4.5 billion to USD 702.28 billion, RBI data showed.
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The rupee gained 21 paise to 87.75 against the US dollar on Friday, supported by foreign fund inflows, a softer greenback, and likely RBI intervention. Analysts expect further appreciation as investor sentiment improves and crude prices remain low.
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The Indian rupee recovered 88 paise to 87.93 against the US dollar, aided by a declining dollar index, lower crude prices, and RBI intervention. Market watchers note the impact of US Fed rate cut signals, global uncertainties, and ongoing US shutdown.
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Gold prices rose on the MCX on Friday, supported by a weaker US dollar and firm global cues. Traders expect the Federal Reserve to cut rates soon, while gold remains near record highs after strong investor demand and geopolitical uncertainty.
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The rupee traded almost flat at 88.78 against the US dollar in early trade on Friday, staying close to its all-time low amid a firm greenback and importer demand. Traders expect the RBI to monitor the currency closely.
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The Indian rupee fell 3 paise to 88.78 against the US dollar on Thursday, as investors monitored US fiscal developments, trade tariff issues, and FPI activity. Domestic equities provided support, while Brent crude and the dollar index saw marginal declines.
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The rupee rose two paise to 88.75 against the US dollar on Wednesday amid range-bound trading, supported by domestic equities and likely IPO inflows. Analysts expect the currency to stay between 88.50–89.00 as global and domestic factors influence market sentiment.
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The rupee rose 6 paise to 88.70 against the US dollar on Friday, supported by a weaker greenback and hopes of an India-US trade deal. FII outflows, rising crude prices, and cautious equity markets limited gains for the local currency.
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The rupee rose 15 paise to 88.60 against the US dollar amid a weaker greenback. Trade uncertainties, H-1B visa fee hikes, and US tariffs continue to weigh, while Commerce Minister Piyush Goyal holds trade talks in the US.
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The Indian rupee slipped 7 paise to 88.80 against the US dollar on Wednesday amid US tariffs and H-1B visa fee hike concerns, coupled with persistent foreign fund outflows. Sensex and Nifty also opened lower, reflecting investor risk aversion.
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The rupee depreciated 7 paise to 88.27 against the US dollar on Friday, pressured by strong dollar trends, weak domestic equities, and US tariff concerns. Forex traders see support at 87.70 and resistance around 88.40 amid volatile market cues.
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The rupee weakened 16 paise to 88.01 against the US dollar on Thursday, tracking a stronger greenback and Fed rate outlook. While equities rallied, traders await India-US trade talks, as Commerce Minister Piyush Goyal projected 6% export growth this year.
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The rupee gained 28 paise to 87.81 against the US dollar on Fed rate cut hopes and dollar weakness. Traders remain cautious ahead of the FOMC outcome as equities rallied and India-US trade talks showed progress.
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The rupee slipped 4 paise to 88.30 against the US dollar on Monday amid trade tariff concerns, foreign outflows, and Fed rate-cut expectations. RBI intervention helped cap losses, while forex reserves rose by USD 4.04 billion last week.
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The rupee slipped 7 paise to 88.42 against the US dollar in Friday’s morning trade amid tariff concerns, strong dollar demand, and FII outflows. Traders expect the currency to remain under pressure despite optimism on US-India trade negotiations.