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Rupee plunges to near 5-month low of 74.58 against US dollar
Logging its fourth straight session loss, the domestic currency settled at 74.58 to the US dollar – the lowest level for the rupee since November 13
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Rupee may lose further ground as RBI’s bond-buying plans dent sentiment: Analysts
Analysts said that April 7's loss—wherein the rupee tumbled 105 paise to end the day at 74.47 against the US dollar—has turned the rupee into Asia
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Rupee plummets 105 paise to close at 74.47 against US dollar
At the interbank forex market, the local unit opened at 73.52 against the greenback and traded in the range of 73.52 to 74.50 during the day
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Indian rupee logs over 4% gain this fiscal amid headwinds on economic front
The local unit is likely to average around 73.50-74 in the financial year 2021-22, as despite a vaccine, the coronavirus hysteria still persists and m
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RBI remains net purchaser of US dollar in January, buys $2.854 billion
In the reporting month, RBI purchased $18.225 billion and sold $15.371 billion in the spot market, the central bank said in its monthly bulletin for M
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India’s forex reserves increase by $689 million to $584.55 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen
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Rupee falls by 11 paise to 72.83 against US dollar
The rupee opened at 72.99 against the greenback and witnessed an intra-day high of 72.62 and a low of 72.99
