Mumbai, Dec 30: The rupee surged 29 paise to close at 74.42 (provisional) against the US dollar on Thursday following year-end dollar selling by banks and exporters amid muted domestic equities. At the interbank forex market, the local unit opened strong at 74.56 against the greenback and witnessed an intra-day high of 74.38 and a low of 74.65. It finally settled at 74.42, a rise of 29 paise. In the previous session, the rupee had settled just one paisa lower […]
Mumbai: The rupee pared its initial losses to settle marginally up by 3 paise at 76.06 (provisional) against the US dollar on Friday. The local unit, however, recorded its fourth weekly decline amid growing concerns over the Omicron variant of coronavirus. Firming up of crude oil prices too weighed on the local unit. At the interbank foreign exchange market, the rupee opened lower at 76.23 a dollar, registering a decline of 14 paise from the last close. During the day, it […]
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