Mumbai : The Indian rupee opened on a flat note and inched 4 paise higher to 74.39 against the US dollar in opening trade on Wednesday, amid a negative trend in domestic equities. At the interbank foreign exchange, the rupee opened at 74.43 against the dollar, then inched 4 paise higher to 74.39. On Tuesday, … Read more
Mumbai : The rupee slumped by 33 paise to finish at a fresh lifetime low of 74.39 against the US dollar Tuesday on high crude oil prices, strengthening of the greenback and unabated foreign fund outflows. At the Interbank Foreign Exchange (Forex), the rupee made a cautious recovery of 18 paise to 73.88 against the US … Read more
The reductions follow softening of international oil rates and the rupee gaining against the US dollar. Petrol in Delhi now costs Rs 78.29 a litre, down from Rs 78.35, according to a price notification issued by state-owned oil firms. Diesel rates have been cut to Rs 69.20 per litre from Rs 69.25. Prices vary from … Read more
Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms. Diesel rates have been cut to Rs 69.25 per litre from Rs 69.30. This is the second reduction in rates coming after a 16-day relentless price hike that followed lifting of a … Read more
Mumbai : The Indian rupee on Monday slid by 23 paise to close at one-week low of 65.17 against the US currency due to concerns over widening current account deficit and a strong dollar ahead of a crucial US Federal Reserve meet. The sentiment in forex market turned weak after the country’s current account deficit widened … Read more
Mumbai : The rupee appreciated by 11 paise to 65.25 against the dollar on Tuesday as rising risk appetite pushed back the US currency amid a higher opening in domestic equities. The risk-on approach pushed exporters and banks increasingly away from the dollar. The greenback ran out of luck overseas too, snapping its winning streak, as … Read more
