The rupee has been 'well-supported,' by dollar inflows over the last week, which helped cap the unit's weakness, an expert said
The rupee has been 'well-supported,' by dollar inflows over the last week, which helped cap the unit's weakness, an expert said
Forex traders said a negative trend in domestic equities and foreign fund inflows weighed on investor sentiments
The rupee was at 22.589 as of 8.05am, up by 0.08 per cent compared with its close of 22.606 against the UAE dirham in the previous session
Forex traders say the currency was trading in a narrow range as the strength of the US dollar in the overseas market weighed on investor sentiments
Forex traders say the currency is trading in a narrow range as the support from positive domestic equities was negated by foreign fund outflows
Forex traders say the rupee is trading with a slight negative bias amid selling pressure from foreign investors
Forex traders say the currency is trading in a narrow range as the support from positive domestic equities was negated by foreign fund outflows
Forex traders say positive cues from domestic equity markets and lower level of dollar provided support to the Indian currency
Despite a weak US dollar against major overseas rivals, negative sentiment in domestic equity markets kept the rupee under pressure, forex traders say
Some inflow of foreign funds supported the Indian currency which was weighed down due to volatile crude oil prices, forex traders say