[ On Tuesday, the rupee edged higher by 8 paise to 66.60 against the dollar at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks..
[ On Tuesday, the rupee edged higher by 8 paise to 66.60 against the dollar at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks.
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On Monday, the rupee recovered by seven paise to 67.52 against the dollar at the Interbank Foreign Exchange on fresh selling of the US currency by banks and exporters.
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On Thursday, the rupee recovered by 31 paise to 67.76 against the dollar after the three-day falling streak on fresh selling of the US currency by banks and exporters.
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On Wednesday today, the Rupee has recovered by 8 paise to 66.38 against the dollar at the Interbank Foreign Exchange on fresh selling of the US currency by banks and exporters amid a higher opening of the domestic equity market.
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On Tuesday today, the rupee was trading lower by 15 paise at 68.22 against the dollar in early trade at the Interbank Foreign Exchange market as the dollar firmed up overseas.
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The Sensex and Nifty were trading flat as investors cut down their bets on disappointing macroeconomic data despite positive global cues. The 30-share barometer fell 61.55 points or 0.21 per cent to 28,090.85 with IT, teck, consumer durables, capital goods, auto and healthcare trading in the red, falling up to 0.95 per cent. The gauge had gained 377.52 points in the previous two sessions. Market remained closed yesterday on account of Independence Day. The rupee recovered 7 paise to 66.82 against the US dollar in early trade today on selling of the dollar by exporters and banks amid a higher opening in the domestic equity market.
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The benchmark BSE Sensex has recovered by nearly 85 points and the Nifty has reclaimed 8,600-mark on Friday trade on fresh buying by investors as the September derivative contracts started on a solid note amid mixed Asian cues. All sectoral indices of BSE led by consumer durables, metal and oil and gas were in the positive zone, rising by up to 0.68 per cent. The Indian rupee has firmed up 7 paise to 66.98 against the dollar.
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Rupee's free fall continues as it sinks to an all time low of over 68 against the U.S dollar.
Stock markets tracked the rupee weakness and opened in the red. Sensex plunged 400 points. Early in the day, it made a light recovery but continues to fluctuate.
While Nifty is trading over 100 points lower. Gold prices too reacted to the sinking rupee. Recorded an all time high of over 34 thousand rupees per 10 gms. The opposition meanwhile is quick to lash out at the government and demanded the resignation of the UPA Government.
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