Rupee recovers by 54 paise to 71.24 vs dollar
Wednesday, September 18, 2019, 9:22 PM
Snapping its two-day falling streak, the rupee rebounded 54 paise to finish at 71.24 against the US dollar on Wednesday as sliding crude oil prices eased pressure off emerging market currencies. However, unabated foreign fund outflows capped the gains, forex traders said. Market participants were also awaiting cues from the much-anticipated policy meeting of the US Federal Reserve, traders said.
Rupee slips 28 paise to 71.88 against dollar in early trade
Tuesday, September 17, 2019, 8:02 PM
The rupee opened on a cautious note and fell 28 paise to 71.88 against the US dollar in early-trade on Tuesday amid rising demand for the US dollar vis-a-vis other currencies overseas. Forex-traders said the drone attacks on Saudi Arabia's oil-facilities have enthused demand for safe heaven assets like the US dollar. The Indian-rupee on Monday had closed at 71.60 against the US dollar.
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.