US Dollar

The rupee fell 5 paise to close at 82.57 (provisional) against the US dollar. The fall came after the Reserve Bank kept the key interest rate unchanged. At the interbank foreign exchange, the domestic unit opened at 82.59 against the dollar, and finally settled at 82.57 (provisional), down 5 paise from its previous close amid a negative trend in domestic equities.

The rupee depreciated 37 paise to 82.29 against the US dollar in early trade on March 8.  The depriciation strengthen the American currency in the overseas market and a negative trend in domestic equities. Furthermore, at the interbank foreign exchange, the domestic unit opened weak at 82.25 against the dollar, then fell to 82.29, registering a decline, especially after rupee settled at 81.92 against the US dollar recently.

The rupee depreciated 16 paise to an all-time low of 82.33 against the US dollar in early trade on October 7. The constant fall in the Indian rupee, against US Dollar, and the risk-averse sentiment among investors. Moreover, a negative trend in domestic equities elevated crude oil prices. In addition,  30-share BSE Sensex was trading 111.83 points at 58,110.27, while the broader NSE Nifty fell 38.00 to 17,293.80.

The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on September 28. With this fall, the American currency strengthened and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite. In addition, at the interbank foreign exchange, the rupee opened at 81.90 against the greenback.

In the closing market trend, the rupee appreciated by 36 paise to Rs 79.17 against US Dollar, on September 13.he dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.40 per cent to 107.89. In addition, Brent crude futures, the global oil benchmark, advanced 0.96 per cent to USD 94.87 per barrel. Moreover, BSE Sensex ended 455.95-points at 60,571.08, while NSE Nifty gained 133.70-points 18,070.05.… read-more