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  • Wednesday, April, 2024| Today's Market | Current Time: 06:11:23

    • Currency

    Rupee down 18 paise against dollar in early trade

    The rupee on Friday lost 18 paise to 59.85 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against the euro and yen overseas. Forex dealers said increased demand for the dollar from importers also put pressure on the rupee. The rupee had closed two paise […]

    Currency

    Rupee rises 48 paise vs USD

    The rupee gained a hefty 48 paise to 60.13 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by banks, amid hopes that the Reserve Bank will take more steps to stem the fall. Forex dealers said besides heavy selling of the American currency by […]

    Currency

    Rupee may weaken further against US dollar: CII

    The rupee will continue to remain volatile and may weaken further against dollar if the government doesn’t address issues like dwindling FDIs and infrastructural bottlenecks, a survey said. “We need to move fast on the next round of reforms by addressing constraints such as land acquisition and environment which delay investments in industry and infrastructure. […]

    Currency

    Rupee up 19 paise vs dollar in early trade

    The rupee on Thursday strengthened by 19 paise to 60.02 against the dollar in early trade snapping its three-session falling streak at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. The local currency had lost 55 paise to close at 60.21 on Wednesday due to fresh capital outflows and […]

    Currency

    Rupee mounts 10 paise vs USD in early trade

    The rupee rose by 10 paise to 59.29 against the dollar in early trade on Monday at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. Strengthening of the euro against the dollar in overseas market and a better trend in the domestic equity market also supported the rupee, forex […]

    Currency

    Rupee gains 37 paise against dollar

    The rupee rose by 37 paise to Rs 59.82 against the American currency in early trade on the Interbank Foreign Exchange on Friday, extending Thursday’s recovery on increased dollar selling by banks and exporters, and strong domestic equity market. However, month-end demand from oil importers for the American currency limited gains. Selling of dollars by […]

    Currency

    Re sinks below 60-mark, ends at historic low of 60.72 Vs USD

    The rupee on Wednesday tanked by a massive 106 paise to close at all-time low of 60.72 against dollar on heavy capital outflows and month-end dollar demand from importers, even as RBI intervened to stem the currency slide. The rupee resumed lower at 59.74 a dollar from overnight close of 59.66 at the Interbank Foreign […]

    Currency

    Dollar inflows, RBI intervention help Re recover by 30 paise

    The rupee staged a smart recovery to end 30 paise higher at 59.27 on the back of hefty corporate inflows and dollar selling by banks at the behest of RBI, amid Finance Minister P Chidambaram’s assurance that there was no need for panic over the recent currency slide. However, heavy outflow by foreign funds from […]

    Currency

    Rupee hits new all-time low of 60, down 130 paise against USD

    The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American currency from banks and importers. Besides, dollar’s strength against major currencies overseas on comments by Federal Reserve Chairman Ben Bernanke that […]

    Currency

    Rupee plunges 56 paise against dollar in early trade

    The rupee plunged by 56 paise, or almost 1 per cent, to trade at 58.43 against the dollar in early trade at the Interbank Foreign Exchange market on Tuesday due to renewed dollar demand from importers and appreciation of the US currency overseas. Forex dealers said besides dollar’s gains against the yen overseas as investors […]

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