India Business News: The rupee closed at a new low of 83.4 against the dollar in Mumbai. Dealers stated that this was only a mathematical development and the currency has
The rupee appreciated by 5 paise to settle at 81.97 (provisional) against the US dollar on Monday, tracking a weak American currency in the overseas market.
The rupee appreciated 17 paise to 82.17 against the US dollar today as foreign capital inflows and a rally in domestic stocks bolstered investor sentiment.
The rupee declined by 25 paise to 82.62 (provisional) against the US dollar today amid a strong greenback against major currencies overseas and unabated foreign fund outflows.
The US dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.35 per cent to 101.66 amid concerns over US economic growth.