7 Articles
7 Articles
Rupee Hits Fresh All-Time Low Against US Dollar
The rupee depreciated just 1 paisa to close at an all-time low of 88.10 against the US dollar on Monday amid Indo-US trade deal uncertainties and higher dollar demand from importers.Forex traders said the rupee opened on a weaker note this morning and revisited its all-time intra-day low of 88.33 against the American currency, weighed down by persistent foreign fund outflows.At the interbank foreign exchange market, the rupee opened at 88.18 aga…
Rupee falls 10 paise to close at all-time low of 88.19 against US dollar
MUMBAI, Sept 1: The rupee depreciated 10 paise to close at an all-time low of 88.19 (provisional) against the US dollar on Monday amid Indo-US trade deal uncertainties and higher dollar demand from importers. Forex traders said the rupee opened on a weaker note this morning and revisited its all-time intra-day low of 88.33 against the American currency, weighed down by persistent foreign fund outflows. At the interbank foreign exchange market…
Rupee falls 17 paise to 88.26 against US dollar in early trade
Mumbai: The rupee depreciated 17 paise to 88.26 against the US dollar in early trade on Monday, as persistent foreign fund outflows weighed on investor sentiments. Forex traders said the rupee opened on a weaker note this morning and could remain under pressure as the tariffs from the US and outflows from FPIs weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 88.18, then lost ground and touched an early low…
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