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Rupee Vs Dollar Today: Rupee settled at 72.72 against the American currency The rupee gained 65 paise against the US dollar on Wednesday, March 3, to settle at 72.72 (provisional) tracking positive domestic equities led by Reliance Industries, and weakness in the American dollar. At the interbank foreign exchange market, the domestic unit opened at 73.26 against the dollar and registered an intra-day high of 72.71. It witnessed a low of 73.26. In an early trade session, the local unit gained 22 paise to 73.15 against the greenback. The rupee settled at 72.72 against the American currency, witnessing a rise of 65 paise over its previous closing. On Tuesday, March 2, the local unit had settled at 73.37 against the dollar. ....
Experts say that these plans might put an end to the conversations around tariff hike for some time. Jio s move is likely to hit the Vodafone Idea harder as Airtel is presently focusing on the premium end of the market ....
Bengaluru: After weeks of sticking to a tight range, the India rupee s has once again dropped below 20 to one dirham. It did so in the currency markets on Friday (February 26) afternoon, and should provide some cheer to NRIs as they make plans on their next remittances. (It s 73.70 for one dollar.) Early on Friday, trade in the currency markets had the rupee pegged at 19.90. (In dollar terms, the Friday rate was at Rs73.10 for a dollar.) It was on April 22 last year that the rupee dropped to a record low of 76.90, hit by heavy foreign fund outflows from the Indian stock markets and as the global economy was grappling with the COVID-19 outbreak. Fears that the Indian economy is heading into an unprecedented contraction speeded up the outflows. ....