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Rupee to trade between Rs 81.80 to Rs 82.50 in an event-heavy week; Dollar trend bearishRupee to trade between Rs 81.80 to Rs 82.50 in an event-heavy week; Dollar trend bearish

By Dilip Parmar The Indian rupee retreated in the week after marking two weeks of gain following month-end dollar demand and profit booking by the foreign institutions in the equities. The strength in the dollar index after FOMC and weaker Asian currencies also weighed on the local unit. Going ahead, the focus will remain on […]

Rupee settles on flat note, up 1 paisa at 82.63 against US dollarRupee settles on flat note, up 1 paisa at 82.63 against US dollar

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 82.63 against the US dollar, as the support from positive domestic equities was negated by rising American currency and recovery in crude oil prices. Forex traders said the Indian rupee witnessed modest gains on Monday on positive domestic […]