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Mumbai, Feb 24 (PTI) The rupee fell by 7 paise to 90.96 against the US dollar in early trade on Tuesday, weighed down by a rise in global crude oil prices and a stronger greenback. A poor start to the domestic equity markets further pressured the local unit, but FII inflows provided support, preventing a sharp fall, forex traders said. At the interbank foreign exchange, the rupee opened at 90.91 against the US dollar and slipped further to 90.96, down 7 paise from its previous close. The rupee g
Mumbai, Feb 17 (PTI) The rupee rose by 1 paisa to 90.73 against the US dollar in early trade on Tuesday, aided by a fall in global crude oil prices. However, a stronger greenback and FII outflows capped gains in the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 90.72 against the US dollar before slipping to 90.73, up 1 paisa against its previous close. The rupee settled 8 paise lower at 90.74 against the US dollar on Monday. The rupee was well off
Mumbai, Feb 13 (PTI) The rupee consolidated in a narrow range and settled for the day 3 paise lower at 90.64 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders said rupee traded in a narrow range with a weakening bias as a firm dollar limited the upside for emerging market currencies including the rupee. At the interbank foreign exchange market, the rupee opened at 90.69 aga
Mumbai, Feb 13 (PTI) Benchmark equity indices Sensex and Nifty tumbled over 1 per cent in early trade on Friday, led by steep losses in IT stocks amid weak global cues and persistent concerns over artificial intelligence-led disruptions which weighed on investor sentiment. The 30-share BSE Sensex tanked 883.4 points, or 1.05 per cent, to 82,791.52 in early deals. The 50-share NSE Nifty dropped 262.60 points, or 1.02 per cent, to 25,544.60. Technology stocks extend the brunt of selling pressure f
Mumbai, Feb 12 (PTI) The rupee appreciated 17 paise to settle for the day at 90.61 (provisional) against the US dollar on Thursday, as foreign fund investments lifted investor sentiments. Forex traders said foreign fund inflows, while not massive, provided a psychological anchor. Moreover, the RBI has been quietly ensuring that liquidity remains abundant in the banking system, they said. At the interbank foreign exchange market, the rupee opened at 90.55 against the US dollar, and touched an int

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