Mumbai, March 27 The rupee plunged by a massive 89 paise to close at a historic low of 94.85 against the US dollar on Friday, as concerns over higher crude oil prices weighed heavily on the currency and the overall macroeconomic outlook.Forex traders said the rupee is succumbing to the...
Mumbai, March 23 The rupee breached the 94/dollar barrier for the first time, falling by 50 paise to a new record low of 94.03 (provisional) against the US dollar on Monday, as soaring global crude prices and continued foreign fund outflows unnerved investors.A strengthening US dollar and a...
Mumbai, March 20 The rupee fell by 82 paise, or nearly 1%, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent outflows of foreign funds and a sharp rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the...
Mumbai, February 17 The benchmark equity indices, Sensex and Nifty, declined in the early trading session on Tuesday, but buying in blue-chip stocks Infosys and ITC helped the markets recover the lost ground.The 30-share BSE Sensex fell by 289.72 points to 82,987.43 in the early trading. The...