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Indian rupee appreciates News
Indian rupee appreciates
Rupee today: Indian currency rises 18 paise to 71.80 against US dollar in early trade
Tue, Feb 25, 2020
Indian rupee appreciated by 18 paise to 71.80 against the US dollar in early trade on Tuesday tracking gains in domestic equity market and weakening of the American currency.
Rupee gains 8 paise to 71.49 vs USD in early trade
Wed, Feb 06, 2019
At the Interbank Foreign Exchange, the rupee opened higher at 71.56 then gained further ground to touch 71.49 against the US dollar, showing a gain of 8 paise over its previous closing.
Rupee vs dollar: AFter 55 paise plunge, Indian currency opens strong at 71.67 today
Tue, Feb 05, 2019
The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.
Rupee gains 26 paise to 70.86 against US Dollar in early trade as Fed keeps rates unchanged
Thu, Jan 31, 2019
The rupee opened strong at 70.92 at the interbank forex market then gained further ground and touched 70.86 amid weakening of the American currency, displaying gains of 26 paise over its last close.
Rupee rises 16 paise to 71.74 against US dollar in early trade
Mon, Dec 17, 2018
At the interbank forex market, the rupee opened higher at 71.84 and rose further to quote at 71.74, showing a rise of 16 paise over its previous close.
Rupee rises 46 paise to 70.44 against US dollar in early trade
Fri, Dec 07, 2018
Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the domestic currency.
How long will the Indian Rupee appreciate for?
Tue, Mar 28, 2017
As per Nirmal Bang Research, RBI intervention is decreasing as forex market turnover has more than trebled in past decade indicating INR to be more market-determined or more sensitive to foreign portfolio flows.
Exporters sit with bated breath as Rupee outshines peer currencies
Fri, Mar 17, 2017
Vinod Nair, Head Of Research at Geojit Financial Services said, "Risk will emerge if we continue to outperform other EMs in the long-term, whereas this is an intermediary phenomenon led by strong FIIs inflow post the overwhelming state election result which will stabilise in the near-term."
Rupee back to pre-demonetisation levels; what's next?
Tue, Mar 07, 2017
Rupee, on Tuesday, was trading at Rs 66.64 -- a level previously seen before Prime Minister Narendra Modi's demonetisation drive in the first week of November 2016.