Mumbai, March 23 The rupee breached the 94-level against the US dollar for the first time on Monday, closing flat at 93.53, amid a correction in global crude prices.At the interbank foreign exchange market, the local currency opened at 93.84 and breached the 94-mark against the US dollar for...
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 23 The rupee continued its downward trend on Monday, losing 41 paise to fall to a record low of 93.94 against the US dollar, as the ongoing war in West Asia kept global crude oil prices high, and the US dollar remained strong.Sustained outflows of foreign funds and a crash in the...
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Mumbai, March 16 The rupee remained weak and lost 13 paise to 92.43 against the US dollar in early trade on Monday, weighed down by massive withdrawal of foreign funds and surging crude oil prices amid geopolitical uncertainties.Volatile sentiment in domestic equity markets further dragged the...
Mumbai, March 13 The rupee trimmed some losses and closed the session 5 paise lower at a fresh record low of 92.30 against the US dollar on Friday, with crude oil prices stabilizing around USD 100/barrel, even as global sentiment remained volatile due to the West Asia crisis.A strengthening US...
Mumbai, March 9 The rupee crashed to its all-time low of 92.21 against the US dollar on Monday, losing 39 paise during the session, as global crude oil prices saw a sharp increase, and the US dollar strengthened amid escalating conflict in the Middle East.Forex traders said heightened...
Mumbai, March 9 The rupee plunged by 46 paise to near its all-time intra-day low of 92.28 against the US dollar in early trading on Monday as global crude oil prices soared and the US dollar strengthened amid the worsening situation in the Middle East.Brent crude, the global oil benchmark, was...
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Mumbai, February 23 The rupee gained 5 paise to close at 90.89 against the US dollar on Monday, supported by a sharp fall in global crude oil prices and a weaker dollar, amid renewed global trade-related uncertainties.However, fresh geopolitical concerns due to escalated tensions between the...
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...