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Rupee recovers 8 paise against US dollar

Rupee recovers 8 paise against US dollar. The rupee recovered by 8 paise to 72.61 against the dollar in early trade Wednesday on mild selling of the US currency by exporters amid easing crude oil prices. Currency traders said weakness in the dollar against some global currencies overseas and a higher opening of the domestic

Fuel prices hit fresh record high in several metropolitan cities

Fuel prices hit fresh record high in several metropolitan cities

Fuel prices hit fresh record high in several metropolitan cities. The fuel prices continued to rise on Saturday, with petrol and diesel prices touching a new record high in several metropolitan cities, including Delhi and Mumbai. The price of petrol has been increased to Rs 78.68 per litre in Delhi, against Rs. 78.52 on Friday, while diesel is being retailed at Rs. 70.42 per litre. In Mumbai, petrol is being

Rupee falls 12 paise to 68.86 against US dollar

Rupee falls 12 paise to 68.86 against US dollar

Mumbai(PTI) – The rupee declined 12 paise to 68.86 against the US dollar in early trade today, pressured by a lower opening in the domestic stock market. Increased demand for the American currency from importers and banks amid persistent foreign fund outflows also weighed on the rupee.Foreign portfolio investors (FPIs) sold shares worth Rs 284.58 crore

Rupee falls back into red at 65.47 against dollar

Rupee falls back into red at 65.47 against dollar

Rupee falls back into red at 65.47 against dollar: The rupee went through ups and downs before trading 5 paise lower at 65.47 against the dollar today as it lost its early gains after the American currency grew in appeal.The rupee hit 65.47 at 1102 hours compared to yesterday’s closing level of 65.42 at the forex

Rupee holds high

Rupee holds up high, surges 16 paise against dollar to 64.89

Rupee holds high: The rupee started with a high today strengthening 16 paise to 64.89 against the dollar after the European Central Bank (ECB) said it would soon taper off its monetary stimulus.It got more lift from fresh selling of the US currency by exporters and banks amid stronger domestic equities.The dollar’s weakness against the

Rupee rebounds 8 paise against dollar in early trade

Rupee rebounds 8 paise against dollar in early trade

Rupee rebounds 8 paise against dollar in early trade on increased selling of the dollar by exporters and banks.Currency traders said weakness in the dollar against major world currencies overseas supported the rupee. A higher opening in the domestic equity market gave the uptrend some momentum, they added.Yesterday, the rupee had declined by 11 paise

DIPP releases next edition of consolidated FDI policy

DIPP releases next edition of consolidated FDI policy

The Commerce and Industry Ministry today released the next edition of its consolidated FDI policy document, incorporating all the changes made over the past year. The Department of Industrial Policy and Promotion (DIPP) said the new “circular will take effect” from today. The consolidated policy is a compilation of the various decisions taken by the

Rupee goes up 7 paise against dollar to 64.05

Rupee goes up 7 paise against dollar to

Rupee goes up 7 paise against dollar to 64.05

Rupee goes up 7 paise against dollar to 64.05

Rupee goes 7 paise up against dollar to 64.05. The rupee today went up 7 paise to 64.05 against the dollar that remained shaky after US President Donald Trump’s comments about a government shutdown.The dollar’s global weakness was mostly an offshoot of President Donald Trump’s threat, who said he was willing to risk a government

Rupee stretches gains, up 5 paise at 64.05

Rupee stretches gains, up 5 paise at 64.05

Rupee stretches gains, up 5 paise at 64.05. The rupee firmed up by 5 paise to 64.05 against the US dollar in early trade today on sustained selling of the American currency by banks and exporters.Forex dealers said besides continued selling of the greenback, weakness in dollar against other currencies overseas and a higher opening

Gold extends losses

Gold extends losses, sheds Rs 100 on muted demand

Gold extends losses, sheds Rs 100 on muted demand. Gold prices drifted lower by another Rs 100 to Rs 29,700 per 10 grams at the bullion market today on tepid demand from local jewellers and a weak trend overseas.Silver, however, recaptured the Rs 40,000-mark on scattered enquiries from consuming industries. Traders said the local bullion

Rupee Gains 8 Paise against Dollar in Early Trade

Rupee Gains 8 Paise against Dollar in Early Trade

Rupee Gains 8 Paise against Dollar in Early Trade. The rupee advanced by 8 paise to 64.06 against the US dollar in early session on Tuesday on increased selling of the US currency by exporters and banks.Besides, the dollar’s weakness against major currencies overseas and a higher opening in domestic stocks kept the domestic unit

Rupee gains 10 paise against USD in early trade

Rupee gains 10 paise against USD in early trade

Rupee gains 10 paise against USD in early trade.The rupee firmed up by 10 paise to 64.05 against the US dollar in early trade today on selling of greenback by banks and exporters.Domestic equities too opened on a firm note that supported the rupee sentiment, dealers said. However, the US dollar’s strength against major global

Rupee rebounds 17 paise

Rupee rebounds 17 paise against US dollar

Rupee rebounds 17 paise against US dollar. Reversing its three-day downward trend, the rupee recovered by 17 paise to 63.96 against the US dollar in early trade on Monday on fresh selling of the American currency by exporters.Besides, the dollar’s weakness against some currencies overseas and early gains in the domestic equity market supported the

Rupee rebounds 17 paise against US dollar

Rupee rebounds 17 paise against US dollar

Rupee rebounds 17 paise against US dollar. Reversing its three-day downward trend, the rupee recovered by 17 paise to 63.96 against the US dollar in early trade on Monday on fresh selling of the American currency by exporters.Besides, the dollar’s weakness against some currencies overseas and early gains in the domestic equity market supported the

Rupee dives against US dollar

Rupee dives 26 paise against US dollar

Rupee dives 26 paise against US dollar. The rupee tumbled by 26 paise to 64.10 against the US dollar in early trade today on increased demand for the American currency from importers and banks amid foreign fund outflows.Besides, the dollar recovering from eight-week lows against some currencies overseas and a lower opening in the domestic

Rupee slips 16 paise against US dollar in early trade

Rupee slips 16 paise against US dollar in early trade

Rupee slips 16 paise against US dollar in early trade. The rupee weakened by 16 paise to 63.79 against the US dollar in early trade on Wednesday as the greenback firmed up overseas amid a lower opening in the domestic equity market.Forex dealers said apart from the dollar’s gains against some other currencies overseas, a

Rupee against US dollar

Rupee softens 14 paise against US dollar

Rupee against US dollar :  The rupee weakened 14 paise to 63.72 against the US dollar in early trade at the Interbank Foreign Exchange today, following fresh demand for the American currency from banks and importers.Moreover, the US dollar’s gains against some currencies overseas on strong jobs data put the rupee on backfoot, forex dealers

Rupee slides 11 paise against dollar in early trade

Rupee slides 11 paise against dollar in early trade

The rupee fell by 11 paise to 64.22 against the US dollar at the Interbank Foreign Exchange on Friday on month-end dollar demand from importers and banks.Dealers said early losses in domestic equity markets also weighed on the rupee.On Thursday, the rupee had staged an incredible comeback after its three session listless trade and gained

Rupee goes up slightly by 9 paise against dollar

Rupee goes up slightly by 9 paise against dollar

Rupee goes up slightly by 9 paise against dollar.The rupee took a cue from stocks and climbed 9 paise to 64.79 against the dollar today as fresh sale of the US currency by exporters paced up.The local unit was in a sweet spot also because of a weak dollar overseas.Yesterday, the rupee plummeted by a