Rupee recoups day's losses, settles 12 paise higher against USD
Wednesday, January 8, 2020, 8:46 PM
The Indian-rupee retrieved early losses to settle 12 paise higher at 71.70 against the US dollar, but overall forex-market-sentiments remained subdued amid further escalation in US-Iran tensions. At the foreign bank exchange, domestic unit opened significantly lower at 72.05/dollar as against the previous day's close of 71.82. During the day, it traded in the range of 72.07 and 71.69 to the US currency.
Rupee pares initial losses, settles 8 paise higher at 71.66 a dollar
Tuesday, December 3, 2019, 7:40 AM
The Indian-rupee on Monday settled 8 paise higher at 71.66 against the US dollar amid participants hoping Reserve-Bank will go for another rate-cut in the ensuing RBI-policy review meet this week. At the interbank foreign exchange, the rupee opened-weak at 71.78 a dollar but soon gathered strength to touch a high of 71.62 before finally settling at 71.66, up 8 paise over its last-closing.
Dollar, yen supported as caution prevails on mixed trade signals
Wednesday, November 20, 2019, 8:12 PM
The dollar and safe-haven yen found support on Wednesday as a lack of clarity on US-China trade talks kept investors cautious ahead of the release of minutes from the US Federal Reserve's last policy-meeting. Moves were slight as jaded traders again weighed mixed messages on trade, with more upbeat reports offset by US-President Trump delivering yet another warning of more tariffs if talks fail.