Free Press Journal
  • Rupee recovers 15 paise against US dollar in early trade

    Mumbai: The rupee Tuesday opened on a positive note by inching 15 paise higher at 72.30 against the US dollar amid increased selling by banks and exporters. Besides, dollar’s weakness against some currencies overseas including the euro also supported the rupee, dealers said. The rupee on Monday slumped to new record low of 72.67 a dollar in intra-day trade before closing at 72.45, showing a steep 72 paise fall on growing fears of

  • Rupee rises 24 paise against US dollar in early trade

    Mumbai: Extending its rising streak for the second day, the rupee appreciated 24 paise against the US dollar to 69.58 in early trade today amid weakness in the greenback against other currencies overseas. The American currency witnessed selling by exporters and banks after the US President Donald Trump accused China and Europe of manipulating their currencies and criticised the Federal Reserve for hiking interest rates, forex dealers said.

  • Rupee down

    Rupee down 8 paise 63.80 against dollar in early trade

    Mumbai: Extending losses for the second day, the rupee weakened by 8 paise to 63.80 against the US dollar in early trade today due to appreciation of the American unit against other currencies overseas. Besides increased demand for the dollar from importers, a lower opening in the domestic equity market weighed on the local currency, forex dealers said. Yesterday, the rupee had shed 21 paise to close at 63.72 against the US currency due to