Page 15 - Rupee Value News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Updated Apr 15, 2021 | 16:54 IST The remarkable decline in the currency's value has turned it from Asia's best-performing currency (in the previous quarter) to its worst. Representational image.  |  Photo Credit: PTI Key Highlights The decision of the RBI to maintain a 'dovish' stance and infuse liquidity into the market via its bond program weaned away the rupee's strength FPI outflows have also, in the view of most experts, placed additional pressure on the currency A weakened rupee will, of course, make exports cheaper and therefore more competitive in gl...

File photo for representation.   | Photo Credit: G. Ramakrishna The rupee appreciated by 10 paise to 73.20 against the US dollar in opening trade on Tuesday supported by positive domestic equities and strong Asian currencies. At the interbank forex market, the local unit opened at 73.22 against the US dollar, then inched higher to 73.20 against the greenback, registering a rise of 10 paise over its previous close. On Monday, the rupee had settled at 73.30 against the American currency. "However, appreciation bias could be capped amid concerns that rising COVID-19 cases and subsequent loc...

The rupee pared its initial gains and closed down by 12 paise at 73.42 (provisional) against the US currency on Tuesday amid concerns that rising COVID-19 cases and subsequent lockdowns in some states

In the last three sessions, the Indian currency has gained 46 paise against the American currency.

The rupee strengthened by 32 paise to end at 72.93 (provisional) against the US dollar on Tuesday, supported by positive domestic equities and a weakening of the American currency in the overseas mark