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Its consolidated rupee revenue came in around a percent lower at Rs 7,495 crore, while its dollar revenue came in higher by over a percent at USD 1,131.2 million.
The rupee resumed lower at 64.91 per dollar as against the yesterday's closing level of 64.89 per dollar at the Interbank Foreign Exchange (Forex) Market. Later, it recovered on dollar
The spot USD-INR pair will trade in a range of 64.80-65.20/dollar today, says Pramit Brahmbhatt of Veracity .
The rupee traded in a wide band for majority of the session, touching an intraday high of 64.63 and an intraday low of 64.89.
The Indian rupee opened lower by 8 paise at 64.63 per dollar on Tuesday versus previous close 64.55.Bhaskar Panda of HDFC Bank said, "USD-INR pair bounced back from recent lows and is expected
are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers.
Pranay LakshminarasimhanMoneycontrol NewsAfter opening stronger against the dollar, the Indian rupee pared its gains on Wednesday as state-owned banks bought the dollar heavily on behalf
We expect the rupee to consolidate in narrow range of 64-64.20/dollar for the day, says Pramit Brahmbhatt of Veracity.
I expect the USD-INR pair to trade in a range of 63.95-64.20/dollar range, says Bhaskar Panda of HDFC Bank.
The spot USD-INR pair is likely to trade in the range of 64-64.40/dollar, says Pramit Brahmbhatt of Veracity.
The USD-INR pair has been trading in the 64.20-64.70/dollar range on the back of resumption of some portfolio flows, says Ashutosh Raina of HDFC Bank.
Indian rupee fell to nearly a one-month low on Tuesday as demand for the dollar strengthened by foreign institutional investors looking to exit their positions or hedge their exposure.
At 13.07 IST, the rupee was trading at 64.54 to the dollar, 23 paise lower than its previous close. Both nationalised banks and foreign banks were buying the greenback heavily since the beginning
On Monday, the rupee had closed 7 paise higher from its Friday close, after having seen higher gains earlier in the session. However, towards the end of trade, demand for the dollar returned and many
Despite the dollar gaining against other currencies, a positive stock market and increased inflow from foreign portfolio investors supported the rupee.
The Indian rupee gained in the early trade on Monday. It has opened higher by 10 paise at 64.27per dollar versus Friday's close 64.37.Pramit Brahmbhatt of Veracity said, "Consolidation near 64.20/USD
"Overall the rupee has been strengthening this year due to higher foreign fund inflows due to reforms like GST. But now exporters are also selling dollars on one hand and they are started
The domestic currency has been Asia's best performer this year and its rising clout against the US dollar has been aided by a hands-off approach by the RBI.
The rupee on Friday opened 6 paise weaker against the dollar at 64.22 as nationalised banks bought the greenback heavily in early trade.
Analysts said that despite the market getting a status quo policy from the US Federal Reserve, the dollar grew in strength because of comments that hinted at a rate hike in June.
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