Mumbai, February 24 The rupee fell by 7 paise to 90.96 against the US dollar in early trading on Tuesday, weighed down by rising global crude oil prices and a stronger dollar.A poor start to the domestic equity markets further put pressure on the local currency, but inflows from foreign...
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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 23 The rupee gained 7 paise to settle at 90.87 (provisional) against the US dollar on Monday, supported by a sharp fall in global crude oil prices and a weaker US dollar amid renewed global trade-related uncertainties.However, foreign fund outflows, coupled with geopolitical...
Jammu, February 23 Two balloons, each carrying a Pakistani 5,000 rupee note and a US dollar, were recovered from a forward village in the Akhnoor sector near Jammu on Monday, officials said.The white and red, aeroplane-shaped balloons were found stuck on a tree in the Gunara village in the...
Mumbai, February 23 The rupee rose by 21 paise to 90.73 against the US dollar in early trading on Monday, supported by a sharp fall in global crude oil prices and a weaker US dollar amid renewed uncertainty over US President Donald Trump raising tariffs to 15 per cent.Brent crude, the global...
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...
Mumbai, February 19 The Sensex and Nifty, the benchmark equity indices, began trading positively on Thursday, but soon turned negative due to selling pressure in the services and consumer durables sectors.The 30-share BSE Sensex rose by 245.11 points, or 0.29%, to close at 83,979.36 in the...
Mumbai, February 18 The rupee rose by 4 paise to close at 90.68 against the US dollar on Wednesday, driven by inflows of foreign funds and positive domestic equity markets.However, higher global crude oil prices and a strengthening US dollar capped sharp gains in the local unit, forex traders...
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Mumbai, February 18 The rupee rose by 5 paise to close at 90.67 (provisional) against the US dollar on Wednesday, driven by inflows of foreign funds and positive domestic equity markets.However, higher global crude oil prices and a strengthening US dollar limited the sharp gains in the local...
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Mumbai, February 18 The rupee rose by 5 paise to 90.67 against the US dollar on Wednesday, driven by a decline in global crude oil prices and inflows from foreign investors.However, a stronger US dollar and a weak start to the day in the domestic equity markets limited the sharp gains in the...
Mumbai, February 17 The Reserve Bank proposed greater flexibility for authorized persons to engage in foreign exchange transactions for hedging their exposures, managing their balance sheets, and facilitating market-making, as well as to ease reporting requirements, following a review of the...
Mumbai, February 17 The rupee gained 5 paise to close at 90.69 (provisional) against the US dollar on Tuesday, supported by positive domestic equity markets and lower crude prices overseas.Sustained outflows of foreign funds and a strong US dollar, however, weighed on the Indian currency and...
Mumbai, February 17 The rupee rose by 1 paisa to 90.73 against the US dollar in the early trade on Tuesday, supported by a decline in global crude oil prices.However, a stronger dollar and outflows from foreign investors capped gains in the local currency, according to forex traders.At the...
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Mumbai, February 16 The RBI on Monday issued draft guidelines for banks to report foreign exchange derivative transactions involving the rupee undertaken by their related parties globally, a move aimed at enabling better pricing decisions by market participants.The Reserve Bank said it has...
Mumbai, February 16 The rupee closed with a loss of 8 paise at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows.According to forex traders, lower crude oil prices and positive domestic equity markets capped a sharp fall in the Indian...
In the Indian bullion market, 24-carat gold was trading 0.5% lower at 1 lakh 55 thousand and 190 rupees per 10 grams. Silver was trading 1.7% lower at 2 lakh 40 thousand and 860 rupees per kilogram, as of a short time ago.At the Multi Commodity Exchange, the April contract for gold was trading...
In today's foreign exchange market, the rupee experienced a slight decline, closing at 90 rupees and 65 paise against the US dollar. The dollar index, which reflects the strength of the US dollar against a basket of six other major currencies, was trading at 97.01 during the day.
Mumbai, February 16 The benchmark indices, Sensex and Nifty, rebounded sharply on Monday, gaining nearly 1%, driven by strong buying in power, banking, and financial stocks.The 30-share BSE Sensex jumped 650.39 points, or 0.79%, to close at 83,277.15, snapping its three-day decline.The...
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...
Mumbai, February 16 The rupee slipped by 1 paisa to 90.67 against the US dollar in the early session on Monday amid outflows from foreign investors and a stronger dollar.A slight increase in global crude oil prices and a sharp decline in the country's foreign exchange reserves also weighed on...