Wed, Jan 17, 2024
Currency market update: Amid massive selling in domestic equity markets and a strong greenback overseas, the local currency registered a slip of 1 paisa for the day from its previous close.
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Tue, Jan 16, 2024
Currency market update: At the interbank foreign exchange, the rupee began the day at 82.95 against the dollar and fell to as low as 83.12 during the session and settled against the greenback for the day.
Thu, Jan 11, 2024
Currency market Update: The rupee settled on a flat note with a loss of just 1 paisa at 83.04 (provisional) against the dollar on Thursday on the back of strengthening American currency and sharp rise in crude oil prices.
Sat, May 20, 2023
The dollar index fell 0.4% to 103.08, after hitting seven-week peaks the previous session. On the week, the dollar posted a 0.6% gain. The euro rose 0.3% to $1.0806, posting a weekly fall of 0.8%.
Thu, May 18, 2023
Indian equity benchmarks Nifty 50 and Sensex are likely to start Thursday's session in the green tracking largely positive moves across global markets, amid optimism regarding the US debt ceiling talks. Singapore Exchange (SGX) Nifty futures were up 35.5 points or 0.2 per cent at 18,267.5 at the last count, having gained as much as 63 points to 18,295 earlier in the day.
The dollar index, a measure of the greenback's value against six major currencies, climbed as high as 103.12 , its strongest level since late March. It was last up 0.3% at 102.85.
Wed, May 17, 2023
The Indian benchmark indices Nifty and Sensex settled at 18,286.5 and 61,932.5 levels, respectively; each down by over 0.6 per cent on Tuesday.
Tue, May 16, 2023
The Nifty50 and BSE Sensex on Monday rose half a per cent each to end at 18,398 and 62,345 respectively. Most sectors participated in the upmove with realty, FMCG and banking shares being the top gainers.
The dollar index, which measures the greenback's value against six major currencies, fell 0.3% to 102.40. Earlier in the session, the dollar touched a five-week high of 102.75.
Fri, May 12, 2023
The dollar index, which tracks the U.S. currency against six major peers, rose 0.7% to 102.06, its highest showing in more than a week.
Wed, May 10, 2023
The dollar index, which measures the currency against six rivals, pared gains that took it to a nearly one-week high earlier in the session, and was last seen at 101.63 or up 0.2% in afternoon trading.
Thu, May 04, 2023
The Fed did not explicitly commit to ending its hiking cycle, helping to lift the dollar off session lows reached immediately after the central bank released its meeting statement.
Wed, May 03, 2023
The dollar index fell 0.22% to 101.93 after earlier reaching 102.40, the highest since April 11. The euro rose 0.23% against the greenback to $1.1001, after earlier dipping to $1.0940, the lowest since April 21.
Tue, May 02, 2023
BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. The NSE Nifty advanced 149.95 points or 0.84 per cent to finish at 18,065, with 40 of its scrips ending in the green.
Thu, Apr 27, 2023
The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58 and the NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
The dollar index, which measures the currency against six major rivals, fell 0.354% as new orders for key U.S.-manufactured capital goods fell more than expected last month, the Commerce Department said.
Wed, Apr 26, 2023
A weak consumer confidence report and a decline in Federal Reserve manufacturing data further added to the dollar's and yen's safe-haven appeal.
Tue, Apr 25, 2023
US Fed policymakers are widely expected to raise rates by another 25 bps at next week's meeting, but they are seen pausing in June. The rate futures market has also factored in roughly 50 bps of rate cuts by the end of the year.
Sat, Apr 22, 2023
The US dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world's largest economy remained resilient, supporting expectations of another 25-basis-point interest rate hike by the Federal Reserve at next month's policy meeti
Wed, Apr 19, 2023
China's gross domestic product (GDP) grew 4.5 per cent year on year in the first three months of the year, data showed after the end of COVID-19 restrictions lifted the world's second-largest economy.
Tue, Apr 18, 2023
The dollar index – a measure of the currency against six major peers – rose 0.413 per cent after the Empire State Manufacturing index shot to 10.8 from -24.6 in March, far higher than expectations of -18 in a Reuters poll of 35 economists.
Fri, Apr 14, 2023
The dollar fell 0.32 per cent against the yen to 132.77. The Aussie dollar, which is sensitive to risk appetite, reached $0.67965, up around 1.4 per cent on the day and the highest since February 24.
Thu, Apr 13, 2023
The market will digest lots of cues at its opening today, where the inflation numbers of the US and India will be a key factor and the results of TCS will be another important factor, Santosh Meena, Head of Research, Swastika Investmart said in his comment.
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