The government is also looking to earn 7 paise out of every rupee from excise duty. New Delhi: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment and 2 paise from non-debt capital receipts, … Read more
At the interbank foreign exchange, the domestic unit opened weak at 81.69 against the dollar. (File) Mumbai: The rupee depreciated 10 paise to 81.69 against the US dollar in early trade on Monday, weighed down by significant foreign fund outflows. At the interbank foreign exchange, the domestic unit opened weak at 81.69 against the dollar, … Read more
The US dollar index slipped 0.04 per cent to 101.88. (File) Mumbai: The rupee rose by 20 paise to 81.50 against the US currency in morning trade on Wednesday following a weak dollar in the global markets. Early losses in domestic stock markets and a rebound in oil prices, however, restricted the rupee’s gains. At … Read more
The US dollar index was down 0.17% at 101.96. (File) Mumbai: The rupee declined by 26 paise to 81.68 against the US dollar in early trade on Tuesday due to a rise in crude oil prices and forex outflows. Early gains in domestic equity markets and a weak dollar against world currencies, however, restricted the … Read more
Strong sentiment at domestic equities market and a weak dollar restricted the fall of the rupee. (File) Mumbai: The rupee fell 21 paise to close as 81.38 (provisional) against the US dollar on Monday amid rise in crude prices. However, strong sentiment at domestic equities market and a weak dollar restricted the fall of the … Read more
Rupee gains strength in closing trade. (File) The rupee appreciated 18 paise to close at 81.18 (provisional) against the US dollar on Friday on broad dollar weakness. However, weak domestic equities and a surge in crude oil prices capped sharp gains for the local currency, forex traders said. At the interbank foreign exchange market, the … Read more
The dollar index rose 0.09 per cent to 102.15. (File) Mumbai: The rupee opened on a positive note and gained 15 paise to 81.15 against the US dollar in early trade on Friday. Forex traders said the rupee opened stronger tracking gains in the non-deliverable forward (NDF) markets. At the interbank foreign exchange, the domestic … Read more
The partially convertible rupee finished at 81.36 per US dollar. (File) Mumbai: The Indian rupee eased on Thursday, tracking its Asian emerging market counterparts which declined after a batch of weak U. data stoked worries about a slowdown in the world’s top economy. The partially convertible rupee finished at 81.36 per US dollar, compared to its Wednesday … Read more
In initial trade, the rupee also touched an early high of 81.27 against the US dollar. Mumbai: The rupee depreciated 15 paise to 81.45 against the US dollar in early trade on Thursday, weighed down by a muted trend in domestic equities and foreign fund outflows. At the interbank foreign exchange, the domestic unit opened … Read more
Rupee forward premiums jumped, with 1-year implied yield at a two-month high of 2.35%.(File) Mumbai: The Indian rupee strengthened on Wednesday, helped by an uptick in most Asian emerging market peers, while traders noted there were some dollar inflows. The rupee finished the session at 81.24 per dollar, recovering from trading near its Tuesday’s close of … Read more