Meanwhile, the dollar index was up 0.03 per cent to 101.37 points

Immediate resistance ahead has to be broken to gain more strength

Currency traders are awaiting the PMI manufacturing data set to be released later in the day

Rupee settles at 83.9175 to the dollar, compared to its previous close of 83.8625

At the interbank foreign exchange market, the rupee opened at 83.94, lower by 3 paise from its previous close before dropping further to 83.95. The unit had settled at 83.91 against the US dollar on Monday

At the interbank foreign exchange market, the rupee opened at 83.96, higher by 2 paise from its previous close and stayed put

Meanwhile, the dollar index was down 0.03 per cent to 101.32 points

Rupee lifted by weakening of dollar, and drop in crude oil prices

Rupee gains capped by negative domestic markets, higher crude oil prices, and foreign capital outflows

At the interbank foreign exchange market, the local unit opened at 83.95 against the American currency and finally settled at 83.97 (provisional) against the US dollar, down 2 paise from its previous close

Rupee continues to hold steady within a well-defined range on active intervention by RBI, say forex traders

Forex traders said market participants are eagerly awaiting cues from the US Fed policy on Wednesday, with a rate cut all but certain

Meanwhile, the dollar index declined 0.05 per cent to 100.38

Rupee gains following Fed Reserve rate cut and strong demand for domestic equities

A firm domestic equity market, lower crude oil prices supported the Indian currency, say forex traders

A bullish euro leaves the bias negative for the greenback

Meanwhile, the dollar index was up by 0.07 per cent to 100.49

The dollar index was up 0.34 per cent at 101.06

Meanwhile, the dollar index was up 0.07 per cent to 100.92 points.

At the interbank foreign exchange market, the local unit opened at 83.54 against the American currency and finally settled at 83.65 (provisional) against the US dollar, down 11 paise from its previous close

The dollar index rose marginally by 0.05 per cent to 100.52

The USDINR is expected to find strong support at 83.50, with potential to rebound toward 83.75-83.80, says CR Forex Advisors MD Amit Pabari

The dollar index declined 0.14 per cent to 100.48

Meanwhile the dollar index was up 0.15 per cent to 100.39

Analysts say market participants were awaiting cues from the personal consumption expenditure data to be released in US on Friday

The reserves perked up in the reporting week as foreign currency assets (FCA) and gold holdings were up by $2.057 billion and $726 million, respectively.

Meanwhile, the dollar index rose 0.07 per cent to 100.17

Dollar weakness overseas supports rupee

Meanwhile, the dollar index rose 0.02 per cent to 100.54

Meanwhile, the dollar index rose 0.10 per cent to 101.53

Rupee weighed down by strong dollar, outflow of foreign funds

Meanwhile, the dollar index fell 0.05 per cent to 101.69

RBI action supports rupee amid surging crude oil prices, volatile geopolitics

High chances to see a rally within the broad range

 In the week ending September 27, 2024, the reserves reached an all-time high of $704.885 billion.

Meanwhile, the dollar index was marginally down 0.01 per cent to 102.50

At the interbank foreign exchange, the rupee opened at 83.96 against the US dollar and touched an intra-day high of 83.95 and a low of 83.99

At the interbank foreign exchange, the rupee opened at 83.97 against the greenback and traded in the range of 83.92-83.97 during the day

At the interbank foreign exchange market, the local unit opened at 83.92 and finally settled for the day at 83.96 (provisional), higher by 1 paisa over its previous close of 83.97 against the dollar

Meanwhile, the dollar index was down 0.11 per cent to 102.87 points

The decline was primarily due to a decrease in foreign currency assets by $3.511 billion, now at $612.643 billion.

The rupee’s performance was also impacted by the volatile situation in the Middle East, which is expected to keep oil prices elevated and exert further pressure on the currency

Strong rise in the Treasury yield aids the greenback

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range

Rupee buoyed by weak crude oil prices, RBI intervention

At the interbank foreign exchange, the rupee opened at 84.03 against the greenback

Meanwhile, the dollar index was down by 0.11 per cent to 103.53 points

The reserves shrunk by $10.746 billion during the reporting week to stand at $690.43 billion as on October 11, 2024

A short-lived correction looks likely in the near term