Rupee falls 23 paise to close at 76.14 against U.S. dollar
The Hindu
The rupee opened at 76.05 against the American currency and settled at 76.14
The rupee fell 23 paise to close at 76.14 (provisional) against the U.S. dollar on Tuesday, tracking a strong American currency in the overseas market and a negative trend in domestic equities.
Forex traders said investors are trading on a cautious note as they await inflation data.
At the interbank foreign exchange market, the rupee opened at 76.05 against the American currency and settled at 76.14, down 23 paise from the previous close.
During the trading session, the rupee witnessed an intra-day high of 75.97 and a low of 76.17 against the American currency.
On Monday, the rupee rose marginally to 75.91 against the U.S. dollar.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.17% higher at 100.10.
Bitcoin’s march toward $100,000 made further ground on Thursday as the coin crossed $95,000.
Billionaire Gautam Adani indicted in New York for bribery and fraud scheme, impacting Adani Group's financial plans.
SEC charges Adani Group chairman with defrauding American investors and bribing officials in multi-billion-dollar solar energy project scheme.
Country Club Hospitality and Holidays Ltd clears ₹600 crore debt, explores global partnerships, franchise model for growth and expansion.
Steel Secretary addresses concerns over cheap steel imports from FTA nations, highlighting challenges faced by domestic industry.
Stock markets in India closed for Maharashtra elections, with a bounce back in domestic indices observed on Tuesday.
The sensor systems for vehicles in India are all imported. Nothing is made in India though they are engineered at a sustainable low cost, said ISRO Chairman S. Somanath.
Donald Trump's proposed tariffs on Chinese imports could impact global trade, inflation, and economic growth.
Evernorth Health Services opens global capability centre in Hyderabad, plans to hire 300 more employees by April.
Tata Power partners with Bhutan's DGPC to develop 5,000 MW clean energy capacity, strengthening regional clean energy sector.
Rupee closes flat against dollar amid geopolitical tensions, domestic market optimism; traders eye upcoming data and elections.