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Interim budget 2019: Rupee falls 9 paise to 71.17 in early trade
Friday, February 1, 2019, 9:41 PM
The rupee Friday depreciated by 9 paise to 71.17 in early trade on the forex market amid strengthening of the American currency and caution ahead of interim budget. Forex traders said strengthening of the US dollar against some currencies overseas, focus on interim budget and rising crude oil prices weighed on the local unit. Meanwhile, the domestic equity market opened on a higher note.
Rupee settles 10 paise lower at 71.17 against US dollar
Friday, January 25, 2019, 8:53 PM
The rupee Friday weakened by 10 paise to close at 71.17 against US dollar amid increasing demand for the greenback from exporters and heavy selling in domestic equities. On a weekly-basis, however, Indian currency registered a marginal gain of 2 paise. The rupee had registered losses in previous two successive weeks. Forex traders said concerns related to fiscal slippage weighed on the local unit.
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.
