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Rupee trades in narrow range against US dollar in early hours

Rupee trades in tight range against US dollar in early hours

September 11, 2024, 10:09 AM - 3 min read

Forex traders said foreign institutional inflows, alongside significant corrections in asset classes like the dollar index and crude oil prices, supported the rupee, while the Reserve Bank's active intervention kept the rupee in a tight range.

The rupee appreciated 7 paise to settle at 82.83 (provisional) against the US dollar on Wednesday, buoyed by a weak American currency against major rivals overseas and a rally in domestic equities.

Rupee rises 7 paise to settle at 82.83 against US dollar

March 6, 2024, 05:44 PM - 2 min read

At the interbank foreign exchange market, the local unit opened at 82.90 and oscillated between the peak of 82.82 and the lowest level of 82.91 against the greenback during intra-day deals. The currency finally settled at 82.83 (provisional), registering a gain of 7 paise from its previous close.

The rupee appreciated 13 paise to close at 82.83 (provisional) against the US dollar on Thursday, tracking the weakness of the American currency in the overseas market and positive domestic equities.

Rupee rises 13 paise to close at 82.83 against US dollar

February 22, 2024, 06:48 PM - 2 min read

At the interbank foreign exchange, the local unit opened at 82.94 against the greenback. It hit an intraday high of 82.83 during the day. The domestic unit finally settled at 82.83 (provisional) against the dollar, higher by 13 paise from its previous close of 82.96.

Rupee rises by 1 paise in comparison to dollar

Rupee rises 1 paisa to close at 82.96 against US dollar

February 21, 2024, 04:29 PM - 2 min read

At the interbank foreign exchange, the local unit opened at 82.90 against the greenback. It hit an intra-day high of 82.86 and a low of 82.97.

Rupee appreciated 9 paise to 82.95 against the US dollar in early trade on Thursday.

Rupee rises 9 paise to 82.95 against US dollar ahead of Budget

February 1, 2024, 10:56 AM - 2 min read

Forex traders said the rupee was trading in a narrow range as the strength of the American currency in the overseas market and a muted trend in domestic equities weighed on investor sentiments. At the interbank foreign exchange, the rupee opened at 83.02 against the dollar and then touched a high of 82.95, registering a gain of 9 paise over its previous close.