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Rupee snaps 6-day gaining streak; slips 1 paisa to 83.55 against US dollar
The rupee pared its early gains to close lower by 1 paisa at 83.53 (provisional) against the US currency on Monday, snapping its six-day gaining streak due to a strengthening dollar in overseas markets and an uptick in crude oil prices.
Rupee's Six-Day Winning Streak Ends Amid Strengthening Dollar and Rising Crude Prices
The rupee ended its six-day gaining streak, closing 2 paise lower at 83.54 against the US dollar on Monday, influenced by a stronger dollar in international markets and higher crude oil prices. A drop in India's Services PMI and gains in domestic equity markets also impacted investor sentiment.
Currency Update: Pakistani Rupee Records Minor Decline Against US Dollar
On Monday, the Pakistani rupee depreciated by 3 paisa against the US dollar in interbank trading, closing at Rs 277.86, as reported by the State Bank of Pakistan
Currency update: Rupee snaps 6-day gaining streak; slips 1 paisa to 83.55 against US dollar
The dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.34 per cent at 101.06.
Rupee rises 6 paise to 83.46 against US dollar in early trade
The rupee continued its rally for the third week, appreciating 6 paise to 83.46 against the US dollar, supported by positive domestic equity markets and foreign fund inflows. However, rising crude oil prices and a stronger dollar limited further gains.
1h
on MSN
Rupee's upside seen largely capped at current level
The Indian rupee is expected to open little changed to slightly higher on Tuesday amid a dovish Federal Reserve outlook, ...
The Express Tribune
16h
USD exchange rates today: Rupee makes modest gains
The increased supply of US dollars in the interbank market has helped strengthen the local currency, with the rupee ...
4d
India’s Das Tames Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
18h
on MSN
Rupee ends flat after hitting 3-month peak; oil firms' dollar bids weigh
The Indian rupee ended flat on Monday as dollar demand from local oil companies pulled the currency off a near three-month ...
Analysis
Investing
44m
Analysis
Rupee Flat as Dollar Demand from Oil Firms Halts Gains
Rupee ended flat as dollar demand from local oil companies pulled the currency off a near three-month high. # Dollar-rupee forward premiums rose, with the 1-year implied yield touching a 17-month peak ...
2d
Nepalese Rupee (NPR): Definition, History, Currency Symbol
The Nepalese rupee (NPR) is the national currency of Nepal and is commonly referred to using the symbols Rs and Rp.
23h
on MSN
Rupee rises; momentum indicator signals winning run could halt
The Indian rupee extended gains on Monday, but a key technical indicator signalled that the currency's winning run may come ...
17h
Rupee to move in 83.20-83.90 range as Fed rate cut expected to boost inflows, say experts
The Indian rupee is expected to trade in the 83.20-8.90 range against the dollar on expectation of inflows after the Federal ...
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