American currency

Rupee falls 3 paise to close at 83.37 against US dollar

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Rupee falls 3 paise to close at 83.37 against US dollar

MUMBAI: The rupee edged 3 paise lower to close at 83.37 (provisional) against the US dollar on Friday, tracking higher demand for US dollars from importers and a weak tone among Asian currencies. Forex traders said a muted trend in domestic equities also weighed on the local unit. At the interbank foreign exchange market, the … Read more

Rupee falls 10 paise to close at all-time low of 83.14 against US dollar

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Rupee falls 10 paise to close at all-time low of 83.14 against US dollar

NEW DELHI: The rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 (provisional) against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency.Forex traders said the Indian rupee depreciated on Wednesday as the US dollar rose to the highest … Read more