Indian rupee

Rupee gains 6 paise to 89.92 vs US dollar in morning trade

The rupee appreciated by 6 paise to 89.92 against the US dollar in early trade on Friday amid thin liquidity and RBI’s intervention keeping the currency range-bound. Forex traders said the USD/INR pair is expected to trade in a narrow range as the 90 level is being protected by the Reserve Bank of India

Updated 4 days ago

Rupee slips to 89.90 vs US dollar amid foreign fund outflows

The rupee weakened against the US dollar in early trade due to continued foreign fund outflows and a subdued domestic equity market opening. At the interbank foreign exchange, the local unit opened at 89.89 against the dollar, then fell to 89.90, down 15 paise from its previous close

Updated 6 days ago