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Rupee rises for 3rd day, up 19 paise at 68.92

Thursday, April 11, 2019, 9:28 PM

The Indian rupee on Thursday climbed 19 paise to close at 68.92 against US dollar, also marking a third straight-session of gains, driven by sustained foreign fund inflows. Besides, weakness in the greenback against major global currencies and easing crude prices aided the rupee uptrend. The dollar index, which gauges the greenback's strength against a basket of six-currencies, fell 0.03 per cent to 96.91.
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Dark days ahead for rupee over trade, election jitters: Poll

Friday, March 8, 2019, 7:25 AM

The Indian rupee's weak start to 2019 is an indication of how it will perform over the coming-year, strategists in Reuters poll said, citing uncertainty ahead of general-election in May and potential-trade conflict with US. Trump's plan to cut India out of its GSP, which allows duty-free entry of some Indian exports into the US, is also likely to weigh on the rupee.
 
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Rupee tumbles 16 paise to 71.44 per dollar

Wednesday, January 23, 2019, 8:04 AM

The rupee skidded by 16 paise its third straight session of loss to close at 71.44 against the US dollar amid strengthening of the greenback and heavy selling in domestic equities. Concerns over slowing global growth and foreign capital outflows weighed on the local unit, forex traders said. The rupee has now lost 41 paise in three days.

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