On Wednesday, the rupee strengthened by 41 paise to close at more than three-week high of 73.16 against the US currency as global crude oil prices eased and domestic equity markets staged a smart rebound.
Sensex, Nifty loses their morning heights, Rupee at three week high
The rupee keeps falling thanks to increasing crude oil prices
Forex dealers said that apart from weakness in the dollar against major currencies overseas, robust foreign fund inflows supported the rupee.
Rupee Tumbles 16 Paise Against US Dollar. The US Fed’s policy decision and commentary led to foreign investors heading to the exit door in Mumbai. The rupee took more blows on Thursday as it slipped…
The Sensex is showing mild signs of recovery today and is at 31230 up 71 points from the opening bell. This comes ahead of the expiry of September Futures and Options. The top gainers…
The rupee has fallen to a new six and a half month low against the dollar, further decreasing by 16 paisa. India has followed a floating exchange system since 1975 which means that the value of…
Soruce: ET
After a brief overnight pause, the rupee was again caught in a downward spiral and slipped by 12 paise to 64.12 against the US dollar today on fresh demand for the American currency from banks…