Rupee Against Dollar: Rupee plunges 61 paise to dip below 83-mark for first time against dollar | India Business News

MUMBAI: The rupee plunged 61 paise to decline below the 83-mark for the first time against the US dollar on Wednesday amid unabated foreign capital outflows and a strong dollar in the overseas markets. Besides, rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said. At […]

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Rupee falls 4 paise to close at all-time low of 82.34 against US dollar

MUMBAI: The rupee pared most of its initial losses and settled 4 paise lower at a fresh lifetime low of 82.34 (provisional) against the US dollar on Monday, weighed down by as risk-averse sentiment among investors. Moreover, a negative trend in domestic equities and a firm greenback overseas sapped investor appetite, forex traders said. At […]

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Rupee falls 19 paise to close at lifetime low of 80.98 against US dollar

MUMBAI: The rupee slumped 19 paise to close at a fresh lifetime low of 80.98 against the US dollar on Friday, weighed down by the strong American currency overseas and risk-off sentiment among investors. At the interbank foreign exchange market, the local currency breached the 81-mark for the first time ever and slumped to 81.23 […]

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Rupee slips below 81-mark against US dollar for first time in early trade

MUMBAI: The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of […]

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Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar

MUMBAI: The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve’s interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed’s rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. […]

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