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, March 12 The rupee touched a fresh intra-day low on Thursday and closed the session 24 paise down at its lowest level of 92.25 against the US dollar, due to elevated crude oil prices and massive withdrawal of foreign capital.The Indian currency, caught in the crossfire amidst the...
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Mumbai, March 12 The rupee recovered from record low levels and closed with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday, as global crude oil prices remained on an upward trend amid the ongoing conflict in the Middle East.A stronger US dollar and volatility in...
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Mumbai, March 11 The rupee declined by 16 paise to close at 92.01 against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar as the war in West Asia continued.Forex traders said that outflows from foreign institutional investors and...
Mumbai, March 2 The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the US dollar on Monday after intensified US and Israeli attacks on Iran worldwide increased risk aversion, driving up crude oil prices and increasing demand for the American currency.Massive...
Mumbai, February 25 The rupee remained within a narrow range on Wednesday for the second consecutive day, closing at 90.96 (provisional) against the US dollar, amid higher global crude oil prices and foreign fund outflows.Forex traders attributed the rupee's stability to a weaker US dollar and...