The Indian rupee weakened by 7 paise to 84.73 against the US dollar in early trade on Monday, driven by foreign fund outflows and subdued domestic equities. Experts predict limited downside for the rupee in the near term.
09 December,2024 10:14 AM IST | MumbaiThe Indian rupee strengthened by 7 paise to 84.64 against the US dollar on Friday morning, bolstered by foreign fund inflows, though muted equity trends capped its gains. Market participants await the Reserve Bank of India's policy decision today.
06 December,2024 10:12 AM IST | MumbaiThe Indian rupee rose by 4 paise to 84.71 against the US dollar in early trade on Thursday, supported by positive domestic equities, despite the strength of the US dollar and rising crude oil prices
05 December,2024 10:11 AM IST | MumbaiThe Indian rupee reached an all-time low of 84.76 against the US dollar in early trade on Tuesday, due to the strong US currency, foreign portfolio outflows, and global political uncertainties. Experts remain cautious ahead of the upcoming RBI monetary policy meeting.
03 December,2024 10:24 AM IST | MumbaiThe Indian Rupee opened slightly higher at 84.58 against the US dollar on Monday, amid global market uncertainty and weaker domestic economic data.
02 December,2024 10:05 AM IST | MumbaiForex traders said the dollar demand from importers for meeting month-end payment obligations weighed on the rupee, while the GDP data released by the government later in the day adversely impacted the currency market, toppling the local unit to its record low
29 November,2024 09:23 PM IST | Mumbai | mid-day online correspondentRupee weakens by 2 paise to 84.49 against the US dollar in early trade on Friday, pressured by foreign fund outflows and month-end dollar demand
29 November,2024 10:25 AM IST | MumbaiThe rupee weakened by 15 paise to 84.44 against the US dollar in early trade on Wednesday due to liquidity constraints and muted equity market trends. Brent crude prices and a weaker dollar index limited further losses
27 November,2024 02:19 PM IST | Mumbai | mid-day online correspondentThe rupee appreciated by 7 paise to 84.22 against the US dollar in early trade, driven by robust FII inflows and a rebound in domestic equities
26 November,2024 10:24 AM IST | MumbaiThe rupee appreciated 6 paise to 84.35 against the US dollar on Monday, bolstered by a strong trend in domestic equities. Analysts caution that elevated crude oil prices and a firm Dollar Index may impact long-term performance.
25 November,2024 10:13 AM IST | MumbaiADVERTISEMENT