Browsing Tag

Dollar

Rupee drops to a new low of 76.91 against a dollar

Mumbai: Rupee slumped to a new low of 76.91 per dollar on Wednesday on the back of a broad-based strength of the greenback.Weakness in the oil prices and volatility in the global and domestic stock markets weighed on the factors behind…

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Rupee hits new record low of 76.82 per Dollar

Mumbai: The Indian currency continued to tumble on Thursday as it touched a fresh all-time low of 76.82 per dollar.Currently, rupee is trading around 76.72 per dollar, weaker by 0.36 per cent from its previous close.According to…

Dollar rises amid economic data

New York: The US dollar rose in late trading on Thursday as investors digested the latest economic data.US initial jobless claims, a rough way to measure layoffs, registered 2,10,000 for the week ending February 15, an increase of 4,000…

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