Page 31 - Dollar Value News Today

Faced with stiff resistance at 72.30, the rupee (INR) depreciated against the dollar (USD) in the last session and ended the day lower by 10 paise. The local currency, which opened on a flat note at 7

The rupee (INR) retained its positive bias on Wednesday after a gap-up open, where it ended the day with a gain of 0.2 per cent versus the dollar (USD). That is, after opening at 72.37 versus the prev

The Indian rupee ended 8 paise lower at 72.43 (provisional) against the US dollar on Thursday, weighed down by the spike in global crude oil prices.At the interbank forex market, the local unit opened

× Although the rupee (INR) gained in the first half of the last session, it gave up all its gains in the latter half and ended the day flat against the dollar (USD). That is, the INR marked an intra-day high of 72.30, before losing ground and closed at 72.46 versus Monday’s close of 72.50. Nevertheless, the domestic currency seems to retain the positive bias as it opened today’s session with a gap-up at 72.37. If the rally gets extended, it might face resistance at 72.15 and then at 72.00...

Federal Reserve chair says low rate policy to continue

The rupee slipped from the day's highest level but managed to eke out a marginal gain of 3 paise at 72.46 (provisional) against the US dollar on Tuesday, tracking muted domestic equities and stron

Banking on trust   -  istock.com/× The rupee started the week on a marginally positive note, opening at 72.58 against the dollar to the previous close at 72.65 levels. This opening level being the day’s low and the key resistance at 72.60 turning into a key support, the currency began to gain momentum and continued to rally, breaching a vital resistance at 72.40 levels. The rupee is trading in the range of 72.58 and 72.33 for the session with a positive bias. A further rally above 72.30 c...

The dollar index declined 0.01 % to 90.42.

On Tuesday, the rupee had settled at 73.17 against the American currency.

Traders said rupee was trading on a stronger note.