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BW Businessworld Rupee Snaps 2-Day Losing Streak, Closes Up By 8 Paise At 73.76 At the interbank forex market, the local unit opened at 73.89 against the greenback and witnessed an intra-day high of 73.73 and a low of 73.90. Photo Credit : The rupee snapped its two-day losing streak to settle higher by 8 paise at 73.76 against the US dollar on Wednesday, tracking strong domestic equities and sustained foreign fund inflows. At the interbank forex market, the local unit opened at 73.89 against the greenback and witnessed an intra-day high of 73.73 and a low of 73.90. It finally ended at 73.76 ...

Strong capital inflows to further strengthen rupee Persistent foreign fund inflows on the back of bullish global cues will strengthen the rupee during the upcoming week, analysts said.   |  21 Dec 2020 5:04 AM GMT NEW DELHI: Persistent foreign fund inflows on the back of bullish global cues will strengthen the rupee during the upcoming week, analysts said. Besides, lesser intervention from the Reserve Bank of India is expected after it was called out by the US Treasury Department to curtail its market activities. "RBI intervention is keeping the rupee stable, as it feels prudent to insulat...

New Delhi: Persistent foreign fund inflows on the back of bullish global cues will strengthen the rupee during the upcoming week, analysts said. Besides, lesser intervention from the Reserve Bank of India is expected after it was called out by the US Treasury Department to curtail its market activities. "RBI intervention is keeping the rupee stable, as it feels prudent to insulate rupee from the strong capital inflows. US Fed putting India on watch list is expected to reduce pace of intervention going forward. Expect rupee to trade between 73.20 to 73.60 with appreciative rupee bias," said S...

Strong capital inflows to further strengthen rupee(IANS Currency Watch) ​ By Rohit Vaid ( IANS) | Published on ​ Sun, Dec 20 2020 9:21 IST | ​ 0 Views Rupee. (File Photo: IANS). Image Source: IANS News New Delhi, Dec 20 : Persistent foreign fund inflows on the back of bullish global cues will strengthen the rupee during the upcoming week, analysts said. Besides, lesser intervention from the Reserve Bank of India is expected after it was called out by the US Treasury Department to curtail its market activities. "RBI intervention is keeping the rupee stable, as it feels prudent to ins...

Rupee climbs 5 paise to 73.58 per US dollar Brent crude futures, the global oil benchmark, rose 0.26 per cent to USD 50.89 per barrel. By Mansoor|   Published: 16th December 2020 6:01 pm IST Image: Indian Rupees. Strong domestic equities also strengthened investor sentiment, traders said. At the interbank forex market, the rupee opened at 73.49 against the US dollar and witnessed an intra-day high of 73.48 and a low of 73.60. The local unit finally closed at 73.58 against the American currency, registering a gain of 5 paise over its previous close. On Tuesday, the rupee had depreciated by...