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USD/INR extends three-day winning streak and jumps to near 86.50 at open on Monday, the highest level seen in four weeks. The ...
The domestic currency closed 5 paise lower at 86.42 against the dollar on Wednesday, according to Bloomberg. The rupee has ...
The currency fell for the fourth straight session on Monday due to sustained dollar demand from importers. Selling in equity ...
The US announced a 25% tariff on Indian goods starting August 1, causing a ripple effect. The rupee hit an all-time low, ...
The Indian rupee is set to open higher on Friday, tracking a broader recovery in Asian peers and supported by a pause in the ...
The Indian rupee and local equities have been increasingly moving in sync over the past month as muted portfolio flows ...
She explained the concept of Purchasing Power Parity (PPP), which measures the relative purchasing power of different currencies.
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NDTV Profit on MSNRupee Ends At Over Four-Month Low Against Dollar Amid Global Uncertainty
The dollar strengthened, buoyed by easing trade war concerns and anticipation around the upcoming Federal Reserve meeting.
supported the local currency. The rupee closed at 82.2050 against the U.S. dollar, up from 82.2950 in the previous session. The rupee had dropped to a six-week low of 82.3725 on Monday.
India's push to internationalize the rupee has been seen as part of a wider drive among nations from China to Brazil to reduce their reliance on the dollar in international payments and investments.
Market Vectors Indian Rupee/USD ETN has a one year low of $17.82 and a one year high of $23.00. The business’s 50 day moving average price is $31.58 and its 200 day moving average price is $36.41.
The domestic currency ended at 87.43 against the US dollar, after opening at 87.12, down 30 paise compared to the previous ...
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