Rupee

Rupee Hits Lifetime Low, May Slip to 81 on Strong Dollar

Rupee Hits Lifetime Low: The Indian Rupee hit a lifetime low level of 80.43 on Thursday after US Fed’s decision to hike interest rate by 75 basis points yet again. The domestic currency opened at a record low of 80.2850 per US dollar, down from the previous close of 79.97.

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Indian Rupee Gains Against U.S. Dollar At Open

Indian Rupee Gains Against U.S. Dollar At Open

The Indian rupee gained against the U.S. dollar on Wednesday. The currency appreciated 6 paise or 0.08% against the greenback to open at 79.80. In early trade, it fell as much as 0.01% to 79.87, before paring some losses to trade at 79.84. The rupee closed at 79.86 on Tuesday. …

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Rupee to Appreciate on Weak Dollar

The Indian rupee snapped its four-day losing streak to close 29 paise higher against the US dollar on Tuesday, tracking a recovery in domestic equities and weakness in American currency overseas.

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