Pak rupee maintains upward trend as ex-FM returns home

Islamabad, Sep 27 (IANS) The Pakistani rupee (PKR) maintained its upward trend against the US dollar for the third trading session in the interbank market on Tuesday as the PML-Ns ‘finance wizard’ and former Finance Minister Ishaq Dar returned home after a nearly five-year self-exile. In the early trading session, the local unit appreciated 3.02 … Read more

Indian Rupee Sinks to Record Low as Hawkish Fed, Russia Tensions Weigh

By Ambar Warrick– The Indian rupee hit a record low against the dollar on Thursday after the U.S. Federal Reserve raised interest rates, while concerns over Russia also weighed after Moscow escalated tensions with Ukraine.  The slipped as much as 0.5% to a record low of 80.430 to the dollar, tracking a broader decline in … Read more

Rupee ends 23 paise down ahead of Fed policy announcement

Mumbai, Sep 21 (IANS) The Indian rupee ended 23 paise lower at 79.98 as most traders were in risk-averse mode ahead of Fed policy announcement, dealers said. At Interbank foreign exchange market, rupee ended at 79.98 as against 79.75 close on the previous trading session against the US dollar. “The rupee closed at a record … Read more

Rupee ends 26 paise down at 79.70 against US dollar

Mumbai, Sep 15 (IANS) The Indian rupee ended 26 paise down, at 79.70, against the US dollar on Thursday due to the weaker Chinese yuan and foreign fund selling amid risk-averse sentiments. At the Interbank foreign exchange market, the rupee ended at 79.70 against 79.44 in the previous trading session against the US dollar. “Indian … Read more

Rupee ends down 29 paise against US dollar at 79.44

Mumbai, Sep 14 (IANS) The Indian rupee ended down 29 paise down, at 79.44, against the US dollar on Wednesday. At the interbank foreign exchange market, the rupee ended at 79.44, against 79.15 in the previous trading session, against US dollar. Anindya Banerjee, VP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd, attributed … Read more