Page 14 - Rupee Value News Today : Breaking News, Live Updates & Top Stories | Vimarsana

File photo The rupee fell by 7 paise to close below the 75 mark against the US dollar on Friday (April 23) as a record spike in COVID-19 cases and losses in the domestic equities weighed on investor sentiment. Forex traders said heavy selloff in domestic equities amid fears that a rapid resurgence of COVID-19 cases in the country can disrupt economic recovery kept investors on edge. The rupee has already lost 2.6 percent against the dollar so far this month, putting it on the cusp of marking its worst month, since the pandemic hit the country early last year. "The second wave of COVID-19 in I...

File photo for representation.   | Photo Credit: REUTERS The Indian rupee slumped 12 paise to 75.06 against the US dollar in opening trade on Friday as muted domestic equities and concerns over rising COVID-19 cases kept investors on edge. Besides, foreign fund outflows also weighed on investors' sentiment, forex traders said. At the interbank foreign exchange, the domestic unit opened lower at 75.02 against the dollar, and lost further ground and touched 75.06, registering a fall of 12 paise over its previous close. On Thursday, rupee had closed at 74.94 against the US dollar. With a ...

Rupee advances by 23 paise to 74.64 vs US dollar in early trade The Indian rupee started this Tuesday on a stronger note against the US dollar, tracking the overall weakness of the dollar, Reliance Securities said in a research note PTI | April 20, 2021 | Updated 11:39 IST The rupee advanced by 23 paise to 74.64 against the US dollar in opening trade on Tuesday, tracking weaker dollar against key rivals and a positive trend in the domestic equity market. Forex traders said the government''s decision to open COVID vaccination to all above 18 years from May 1 lifted investor sentiment. At the...

Traders said the local unit ended in the red. The rupee pared its initial gains to close marginally down by 1 paisa at 74.88 against the U.S. dollar on Tuesday due to worries that the alarming surge in COVID-19 cases could derail the economic recovery in the country. At the interbank forex market, the domestic unit opened at 74.65 against the U.S. dollar, but lost ground to close at 74.88 against the US dollar. During the session, the local unit witnessed an intra-day high of 74.64 and a low of 74.98 against the greenback. Meanwhile, the dollar index, which gauges the greenback's strengt...

The Sensex and Nifty ticked higher for the third session on the trot on Friday, but could not wipe off weekly losses amid a resurgence in Covid-19 cases. A strong recovery in the rupee, which zoomed 58 paise, and a bullish trend in global equities supported the bourses on Friday, traders said. After a choppy session, Sensex closed 28.35 points or 0.06 per cent higher at 48,832.03. Similarly, the broader Nifty rose 36.40 points or 0.25 per cent to 14,617.85. Asian Paints was the top performer among Sensex components, spurting 3.07 per cent, followed by UltraTech Cement, ONGC, M&M, Sun Pha...