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Extending losses for the second straight session, the rupee on Tuesday fell by another 28 paise to end at 72.90 against the US dollar in line with muted domestic equities. The rupee opened on a margin
Read more about Rupee climbing fast to the dollar, 10-year bond yields back to 6% on Business Standard. RBI is trying to maintain a tight leash on the 10-year bond rates, and once again devolved them in Friday's auction
Updated: On Tuesday, the rupee had settled at 72.77. Share Article AAA An Indian man counts U.S dollars at a Western Union money transfer center in Ahmadabad. File | Photo Credit: AP On Tuesday, the rupee had settled at 72.77. The rupee strengthened by 17 paise to end at 72.60 (provisional) against the US dollar on Thursday, tracking positive domestic equities. At the interbank forex market, the local unit opened at 72.75 against the greenback and witnessed an intra-day high of 72.53 and a low of 72.76. It finally ended at 72.60 against the American currency, registering a rise of 17 p...
File photo for representation. | Photo Credit: V. Sudershan Halting its three-day winning run, the rupee on Wednesday declined by 13 paise to close at 73.18 (provisional) against the US dollar in line with the fall in the domestic equity market. At the interbank foreign exchange market, the domestic currency opened at 73.02 against the American currency, but pared the gains to close at 73.18, registering a decline of 13 paise over its previous close. During the session, the local unit hit an intra-day high of 72.93 and a low of 73.18. On Tuesday, the rupee had closed at 73.05 against t...
Updated: Share Article AAA The rupee declined by 8 paise to close at 73.42 (provisional) against the US currency on Wednesday amid risk aversion in the global markets and surge in crude oil prices. At the interbank forex market, the local unit opened lower at 73.51 against the greenback and traded in the range of 73.39 to 73.51 during the day. The rupee finally ended at 73.42 against the American currency, registering a fall of 8 paise over its previous closing of 73.34. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.14 % to 90....