A Quick View
The Indian rupee opened marginally higher by 6 paise at 68.28 per dollar on Friday versus 68.34 yesterday.The near-month dollar-rupee May contract on the NSE was at 68.36 in the previous session
For the day, rupee is expected to quote in the range of 68.05 and 68.50, says Motilal Oswal.
The Reserve Bank of India today fixed the reference rate of the rupee at 68.2139 against the US dollar and 80.2400 for the euro.
The rupee hit a fresh 16-month low of 68.15 in morning trade as against yesterday's closing level of 68.04 per dollar at the inter-bank foreign exchange here. It slid further to 68.29 at 1030
The Indian rupee slipped in the early trade on Wednesday. It has opened lower by 11 paise at 68.15 per dollar versus 68.04 Tuesday.Rupee in the last few sessions has been consolidating in a broad
The rupee today staged a mild recovery after two sessions of decline and edged higher by 8 paise to end at 68.04 against the US dollar on fresh selling of the American currency by banks and exporters.
When rupee is weak against the US dollar, it will affect any investment done abroad, foreign education and foreign travel.
The Indian rupee opened higher by 10 paise at 68.02 per dollar on Tuesday versus previous close 68.12.According to Motilal Oswal, rupee yesterday consolidated in a narrow range but closed the session
The rupee today lost another 12 paise to close at fresh 16-month low of 68.12 against the US currency on sustained dollar demand from importers and corporates amid weak global cues
Rising crude oil prices will add to the inflationary pressure in the domestic economy, coupled with weakening of the rupee against the dollar and dramatic political scenario in Karnataka.
The Indian rupee declined in the opening tarde on Monday. It has opened lower by 11 paise at 68.12 per dollar versus 68.01 Friday.
The embattled rupee witnessed a virtual free fall - plummeting sharply by a staggering 67 paise to end at a fresh 16-month low of 68 against the US currency on heavy dollar demand amid global macro
The Reserve Bank of India today fixed the reference rate of the rupee at 67.9577 against the US dollar and 80.2784 for the euro.
The Indian rupee opened lower by 7 paise at 67.77 per dollar on Friday.
The US dollar declined against the rupee at Rs 67.70/71 per dollar and the pound sterling also finished lower at Rs 91.31/33 at the Interbank Foreign Exchange (forex) market here today.
The Indian rupee opened higher by 7 paise at 67. 72 per dollar on Thursday against previous close 67.79.
The rupee had weakened to a 16-month closing low of 68.15 per dollar on Tuesday.
The rupee was trading at 67.8775 to the dollar compared with its previous close of 68.15 as against expectation of the rupee weakening early on itself on firm crude and widening India trade deficit.
The rupee crossed 68 against the US dollar, but the RBI intervention helped it to recover sharply from lows of 68.13 a dollar.
The Indian rupee slipped in the opening trade on Wednesday. It has opened lower by 7 paise at 68.14 per dollar versus 68.07 yesterday.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form
or medium without express writtern permission of moneycontrol.com is prohibited.