According to analysts, a stronger rupee can ease imported inflation and reduce currency-related costs for companies importing crude. File | Photo Credit: Getty Images/iStockphoto The rupee surged 48 paise to…
Tag: rupee exchange rate
Rupee jumps 96 paise to close at 95.75 against U.S. dollar
Image used for representational purposes only. | Photo Credit: Reuters The rupee appreciated 96 paise, logging its steepest single-day gain in more than six months, to close at 95.75 (provisional)…
Rupee rises 16 paise to close at 96.72 against U.S. dollar
This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 16 paise to close at 96.72 (provisional) against the U.S. dollar on Friday (October…
Rupee rises 24 paise to 95.72 against U.S. dollar in early trade
At the interbank foreign exchange market, the rupee opened at 95.86 against the U.S. dollar, then gained some ground to touch 95.72 against the American currency, registering a gain of…