foreign exchange market

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    India's Markets Observing Mahavir Jayanti Holiday

    Mumbai, March 31 Indian stock, foreign exchange, commodity, and bullion markets will remain closed on Tuesday due to the observance of Shri Mahavir Jayanti.
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    Rupee Falls Below 95-Level Against Dollar

    Mumbai, March 30 The rupee trimmed its initial gains and hit a historic low of 95.22 in intra-day trading on Monday, as rising oil prices, ongoing geopolitical tensions, and a strong dollar continued to put pressure on the currency.The rupee, which opened on a strong note after the Reserve...
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    India's Rupee Falls Below 95 Against Dollar

    Mumbai, March 27 The rupee breached the 94.50-mark for the first time against the US dollar during intra-day trading on Friday, hitting a record low of 94.56, due to high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.A sharp decline in domestic equity markets...
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    India's Rupee Faces Pressure from Energy Imports and Global Uncertainty

    Mumbai, March 6 The rupee remained within a range throughout the session on Friday and closed 6 paise lower at 91.70 (provisional) against the US dollar, resisting pressure from inflated crude oil prices and suspected RBI intervention.According to forex experts, heavy selling in domestic...
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    Rupee Gains 41 Paise, Driven by Equity Recovery and Intervention

    Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 41 paise at 91.64 against the US dollar on Thursday, driven by buying trends in domestic equity markets and suspected intervention by the RBI.According to forex analysts, the Reserve Bank appears to have...
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    India's Rupee Gains 45 Paise Amid Global Uncertainty

    Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 45 paise at 91.60 (provisional) against the US dollar on Thursday, driven by buying trends in domestic equity markets and reports of Reserve Bank intervention.According to forex analysts, the Reserve Bank seems...
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    India's Rupee Weakens on Crude Prices and Market Concerns

    Mumbai, March 2 The rupee depreciated by 21 paise to 91.29 against the US dollar on Monday, amid higher crude oil prices, a strong US dollar, and intense global volatility due to escalating tensions in the Middle East.Negative sentiment in the equity market and the massive withdrawal of...
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    Rupee Depreciation Linked to Crude Prices and Geopolitical Tensions

    Mumbai, February 20 The rupee depreciated by 27 paise to 90.95 against the US dollar in early trade on Friday, weighed down by a strong American currency and higher crude oil prices due to escalated geopolitical tensions.A surge in selling of domestic equities further put pressure on the...
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    Indian Rupee Sees Slight Increase Amid Market and Crude Price Trends

    Mumbai, February 17 The rupee gained 2 paise to settle at 90.72 against the US dollar on Tuesday, supported by positive domestic equity markets and lower crude prices overseas.However, a firm US currency weighed on the Indian currency and limited its gains, forex traders said.In the...
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    Currency Exchange: Rupee Holds Steady Against Dollar

    Mumbai, February 16 The rupee closed flat at 90.66 (provisional) against the US dollar on Monday, as positive momentum in domestic equities was offset by a strong US dollar in the overseas market.According to forex traders, lower crude oil prices supported the local unit, while foreign fund...
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    Currency Markets: Rupee Strengthens Amid Economic Uncertainty

    Mumbai, February 12 The rupee appreciated by 38 paise to 90.40 against the US dollar in early trading on Thursday, supported by foreign fund inflows and suspected RBI intervention.Forex traders said that while the foreign fund inflows were not massive, they provided a psychological boost...
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    Rupee Depreciates Amid Geopolitical Tensions and Dollar Demand

    Mumbai, February 11 The rupee depreciated by 22 paise to close at 90.78 against the US dollar on Wednesday, amid increased dollar demand from importers and geopolitical tensions.Forex traders said that the rupee is trading with a slight negative bias due to geopolitical tensions and high crude...
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    Rupee Closes Higher, Driven by Domestic Equity Strength

    Mumbai, February 10 The rupee reversed its initial losses and ended on a positive note on Tuesday, gaining 10 paise to close at 90.56 against the US dollar, supported by positive signals from domestic equities and the weakening of the US dollar in the overseas market.Forex traders said that...
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    Rupee Closes at 90.57, Driven by Domestic and Global Factors

    Mumbai, February 10 The rupee reversed initial losses and ended on a positive note on Tuesday, gaining 9 paise to close at 90.57 (provisional) against the US dollar, supported by positive cues from domestic equities and a weakening of the American currency in the overseas market.Forex traders...
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    Rupee Weakens Amid Trade Framework Announcement

    Mumbai, February 9 The rupee experienced a volatile trading session and closed the day on a lower note, down 9 paise at 90.74 (provisional) against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.Forex traders said the rupee witnessed high...
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