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Re crashes to nearly 5-mnth low at 55.11 against dollar Re crashes to nearly 5-mnth low at 55.11 against dollar The rupee Monday fell to its nearly five-month low level of 55.11 by losing 23 paise on sustained dollar demand from oil importers and concerns over possible rating downgrade by S&P.
Rupee falls below 55 level against dollar; down by 12 paise Rupee falls below 55 level against dollar; down by 12 paise The rupee opened weak at 55.06 per dollar as against the previous closing level of 54.88 at the Interbank Foreign Exchange (Forex) market.
Rupee down 11 paise at 54.88 on dollar demand Rupee down 11 paise at 54.88 on dollar demand Registering its biggest fall in a week, the rupee on Friday weakened by 11 paise to close at 54.88 against US dollar on good demand of the American currency from importers on speculation that Federal Reserve may slow its stimulus programme, leading to capital inflows drying up here.
Foreign investors see Rupee trade at 55-level against dollar in 6 months Foreign investors see Rupee trade at 55-level against dollar in 6 months Foreign investors expect the rupee to trade below 55-level against the US dollar in the next six months even as India's large current account deficit is seen as a major risk.
Rupee up by 10 paise at 54.68 Vs dollar in early trade Rupee up by 10 paise at 54.68 Vs dollar in early trade The rupee had gained three paise to close at 54.78 in previous session on rally in equities amid signs of massive capital inflows.
Rupee closes 3 paise higher at 54.78 on rally in equities Rupee closes 3 paise higher at 54.78 on rally in equities A strong dollar weighed on rupee but the local currency managed to erase early losses and settle 3 paise higher at 54.78, amid signs of massive capital inflows.
Rupee ends at over 1-month low, down 8 paise at 54.81 vs US dollar Rupee ends at over 1-month low, down 8 paise at 54.81 vs US dollar The rupee Tuesday erased initial gains to close eight paise down at over one-month low of 54.81 on fresh dollar demand from importers, ignoring the recovery in equities after WPI inflation decelerated below 5 percent.
Rupee futures lead huge surge in currency volume at DGCX in April Rupee futures lead huge surge in currency volume at DGCX in April The Dubai Gold and Commodities Exchange (DGCX) has said it witnessed a whopping 153 percent rise in currency volumes in April, led by one of its flagship contracts -- Indian rupee futures.
Rupee down 8 paise at 54.81 vs dollar in early trade Rupee down 8 paise at 54.81 vs dollar in early trade Forex dealers said dollar strengthening against other currencies in the global market also put pressure on the rupee.
Rupee recovers after touching 2-mth lows, ends 7 paise up at 54.73 Rupee recovers after touching 2-mth lows, ends 7 paise up at 54.73 After falling to over two-month low levels in early trade, the rupee Monday closed seven paise higher at 54.73 against the US dollar on fresh selling of the American currency by exporters and moderate FII inflows.
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