From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Rupee settles flat at 94.46 against US dollar
What's behind this
The Indian rupee settled flat at 94.46 (provisional) against the U.S. dollar on Thursday, indicating near‑term stabilisation after a sharp recovery in earlier sessions. In the interbank foreign‑exchange market the currency opened weak at 94.36, fell to a low of 94.57 intraday, and closed unchanged at 94.46. Traders noted that lower crude‑oil prices provided support, but this was offset by a firm greenback in overseas markets.
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left · 1 outlet
Forex traders said the Indian rupee is showing signs of near-term stabilisation after recovering sharply against the U.S. dollar in previous sessions
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center · 1 outlet
MUMBAI: The rupee settled on a flat note at 94.46 (provisional) against the US dollar on Thursday, as the support from lower crude oil prices was negated by a firm greenback in overseas markets. Forex traders said the Indian rupee is showing signs of near-term stabilisation after recovering sharply…
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right · 1 outlet
At the interbank foreign exchange market, the rupee opened weak at 94.36 and fell further to a low of 94.57 in intraday trade
RSS excerpt
At the interbank foreign exchange market, the rupee opened weak at 94.36 and fell further to a low of 94.57 in intraday trade
