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Currency watch: Rupee rises 16 paise to 85.76 against dollar; crude oil slide & weak greenback lift sentiment – Times of India

The rupee appreciated by 16 paise to settle at 85.76 against the US dollar on Tuesday, helped by a weaker greenback and softer crude oil prices globally. However, persistent foreign fund outflows and uncertainty surrounding the ongoing India-US trade negotiations limited the currency’s upward movement, according to forex dealers.At the interbank foreign exchange market, the…

Currency watch: Rupee ends 3 paise higher at 85.70 vs dollar; equities dip as tariff talks loom – Times of India

alishpagda08@gmail.com1 week ago03 mins

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the red.The local currency opened at 85.62 and moved between 85.53 and 85.70 during the session before settling 3 paise higher than Wednesday’s close of 85.73,…

Rupee recovers 75 paise to 86/dollar mark, biggest jump in month – Times of India

alishpagda08@gmail.com4 weeks ago02 mins

MUMBAI: Price of benchmark Brent crude declined by nearly $4 to $67.7 a barrel while US West Texas Intermediate crude turned cheaper by $3.8 at $64.7 per barrel as concerns abated over disruption in oil supplies due to the tensions in West Asia. Meanwhile, the local currency recorded its biggest daily gain in a month,…

Rupee slips on oil spike, falls 30 paise to 86.34 against US dollar, traders cite geopolitical crisis & weak equities – Times of India

alishpagda08@gmail.com1 month ago04 mins

The rupee weakened by 30 paise to close at 86.34 against the US dollar on Tuesday, pressured by a sharp rise in global crude oil prices and growing geopolitical uncertainty in the Middle East. A stronger greenback and muted domestic equity markets further weighed on the local unit.At the interbank foreign exchange market, the rupee…

Rate-cut boost: Rupee jumps 11 paise to 85.68 against dollar; market rally and CRR cut lift sentiment – Times of India

alishpagda08@gmail.com1 month ago04 mins

The rupee appreciated by 11 paise to close at 85.68 against the US dollar on Friday, reversing early losses after the Reserve Bank of India (RBI) delivered a surprise 50 basis point repo rate cut and announced a phased 100 basis point reduction in the cash reserve ratio (CRR).The local unit opened weak at 85.91,…

Rupee finds footing: Closes 7 paise higher at 85.80 against dollar; RBI policy outcome, US data to guide next move – Times of India

alishpagda08@gmail.com1 month ago03 mins

Supported by easing oil prices and firm domestic equities, the rupee reversed a two-day losing run to settle marginally higher even as traders stayed cautious ahead of the RBI’s rate decision.The rupee closed 7 paise stronger at 85.80 against the US dollar on Thursday, snapping a two-session slide as positive cues from Asian currencies and…

Rupee slips 7 paise to 85.55 against US dollar amid volatile equities and rising crude prices – Times of India

alishpagda08@gmail.com2 months ago03 mins

The rupee gave up its early gains to close 7 paise lower at 85.55 against the US dollar on Friday, pressured by volatile domestic equity markets and a rebound in global crude oil prices. Caution prevailed among investors ahead of the upcoming GDP data release, forex traders said.The domestic currency opened at 85.35 and fluctuated…

Rupee ends 3-day losing streak, jumps 50 paise to Rs 85.45 against US dollar – Times of India

alishpagda08@gmail.com2 months ago04 mins

The Indian rupee broke a three-day losing streak on Friday, appreciating by 50 paise to settle at Rs 85.45 against the US dollar, buoyed by a sharp decline in the dollar index and strong performance in domestic equities.A rise in global risk appetite also supported the local currency, despite lingering pressure from crude oil prices…

Rupee falls 16 Paise to 85.58 against US Dollar weighed by global yield concerns, foreign outflows – Times of India

alishpagda08@gmail.com2 months ago04 mins

NEW DELHI: The rupee declined by 16 paise to settle at 85.58 against the US dollar on Tuesday, weighed down by weak domestic equity markets and a rise in US Treasury yields. The drop marked a reversal from Monday’s gain, when the rupee had appreciated by 15 paise to close at 85.42.Currency dealers attributed the…

Rupee drops 22 paise to settle at 85.54 against dollar amid importers demand, FII outflows – Times of India

alishpagda08@gmail.com2 months ago04 mins

The Indian rupee declined by 22 paise to close at 85.54 against the US dollar on Thursday, pressured by strong demand for the greenback from importers and continued foreign fund outflows. However, gains in domestic equities and a fall in crude oil prices helped limit the currency’s losses, according to forex traders.At the interbank foreign…