Rupee nears 92/$, RBI helps cap fall

Rupee nears 92/$, RBI helps cap fall

Mumbai: The rupee ended Thursday at 91.96 to the dollar, down 18 paise from its previous close of 91.78, after slipping to a record low near the 92 level before recovering marginally on dollar sales by public sector banks on behalf of RBI. The dollar index edged up about 0.12% to around 96.27, adding to…

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Currency watch: Rupee gains 23 paise to close at 88.50 against dollar; upbeat mood on US-India trade talks lifts sentiment

Currency watch: Rupee gains 23 paise to close at 88.50 against dollar; upbeat mood on US-India trade talks lifts sentiment

The rupee strengthened 23 paise to settle at 88.50 against the US dollar on Tuesday, supported by upbeat sentiment around a potential US-India trade agreement and easing concerns over the prolonged US government shutdown.At the interbank foreign exchange market, the rupee opened at 88.69 against the greenback, touched an intraday high of 88.50 and a…

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