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Rupee looks to keep momentum heading into US inflation data

Rupee looks to keep momentum heading into US inflation data

Thu, Jan 11, 2024

Rupee, on Thursday, will be looking to build on recent momentum in the lead-up to US inflation data that will hold cues on when the Federal Reserve will kick off rate cuts.

Rupee vs Dollar: Domestic currency jumps 10 paise to settle at 83.03 against American dollar

Rupee vs Dollar: Domestic currency jumps 10 paise to settle at 83.03 against American dollar

Wed, Jan 10, 2024

Currency market update: The rupee (INR) recovered early losses to end higher for a sixth straight day and settled at 83.03 (provisional) against the US dollar on Wednesday, January 10. The local currency registered a jump of ten paise for the day from its previous close.

Rupee inches higher to settle at 83.16 against vs dollar

Rupee inches higher to settle at 83.16 against vs dollar

Fri, Jan 05, 2024

The rupee oscillated between an intra-day low of 83.24 and a high of 83.12 against the greenback and finally settled at 83.16, higher by 8 paise from its previous close of 83.24.

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Rupee down 5 paise in subdued start to new year

Rupee down 5 paise in subdued start to new year

Mon, Jan 02, 2017

Meanwhile, the benchmark BSE Sensex fell 132.37 points, or 0.50%, to 26,494.09 in early trade.

Sugar stocks trade high as Nifty gains; Rupee jumps 16 paise

Sugar stocks trade high as Nifty gains; Rupee jumps 16 paise

Fri, Dec 30, 2016

Key Indian equity market indices opened in the green on Friday even as investors await any new government announcement as the deadline to deposit old notes draws to a close.

Rupee weakens by 15 paise against dollar in early trade

Rupee weakens by 15 paise against dollar in early trade

Wed, Dec 28, 2016

Rupee weakened by another 15 paise to 68.21 against the dollar in early trade at the Interbank Foreign Exchange market on increased month-end demand for the US currency from importers amid sustained foreign fund outflows.

Rupee down 10 paise at 67.84 vs US dollar in early trade

Rupee down 10 paise at 67.84 vs US dollar in early trade

Tue, Dec 27, 2016

The rupee weakened by 10 paise to 67.84 against the US dollar in early trade today at the Interbank Foreign Exchange on month-end dollar demand from importers amid capital outflows.

Rupee edges higher by 3 paise against dollar in early trade

Rupee edges higher by 3 paise against dollar in early trade

Mon, Dec 26, 2016

The rupee edged higher by three paise to 67.79 against the dollar at the Interbank Foreign Exchange in early trade on Monday on increased selling of the US currency by banks and exporters.

Rupee inches up 9 paise in early trade

Rupee inches up 9 paise in early trade

Fri, Dec 23, 2016

Forex dealers said that besides selling of the American unit by exporters, the dollar's weakness against some currencies overseas supported the rupee but a lower opening of the domestic equity market restricted the gains.

Rupee gains 7 paise against dollar in early trade

Rupee gains 7 paise against dollar in early trade

Thu, Dec 22, 2016

Meanwhile, the benchmark BSE Sensex climbed 70.93 points, or 0.27 per cent, to 26,170.45 in morning trade.

Rupee recovers by 11 paise against dollar in early trade

Rupee recovers by 11 paise against dollar in early trade

Wed, Dec 21, 2016

The rupee recovered by 11 paise to 67.92 against the US dollar in opening trade on Wednesday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks amidst higher opening in the domestic equity market.

Sensex, Nifty open marginally in green in early trade

Sensex, Nifty open marginally in green in early trade

Tue, Dec 20, 2016

Indian equity markets opened on a flat note -- marginally in the green, during the early morning trade session on Tuesday. However, a weak rupee, along with broadly negative Asian indices and stable crude oil prices, cautioned the investors.

Rupee edges higher by 6 paise against dollar in early trade

Rupee edges higher by 6 paise against dollar in early trade

Tue, Dec 20, 2016

The rupee edged higher by 6 paise to 67.81 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters.

Rupee depreciates by 6 paise against dollar in early trade

Rupee depreciates by 6 paise against dollar in early trade

Mon, Dec 19, 2016

Rupee depreciated by 6 paise to 67.82 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to increased demand for the American unit from importers amid foreign fund outflows.

Prospects of rate cut bleak as dollar, crude rise: Assocham

Prospects of rate cut bleak as dollar, crude rise: Assocham

Sun, Dec 18, 2016

Prospects of interest rate cut in near future may be bleak due to factors like continuous pressure on rupee against dollar, firming of the US rates and hardening of crude oil prices, according to a report.

Rupee edges higher by 2 paise against dollar in early trade

Rupee edges higher by 2 paise against dollar in early trade

Fri, Dec 16, 2016

The rupee edged higher by 2 paise to 67.81 against the US dollar in early trade on Friday at the Inter-bank Foreign Exchange on fresh selling of the US currency by exporters.

Rupee strengthens by 16 paise against dollar in early trade

Rupee strengthens by 16 paise against dollar in early trade

Tue, Dec 06, 2016

The rupee strengthened by 16 paise to 68.05 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

Rupee gains 9 paise against dollar in early trade

Rupee gains 9 paise against dollar in early trade

Wed, Nov 30, 2016

The rupee firmed up 9 paise to 68.56 against the dollar in early trade on Wednesday, rising for the second straight day on increased selling of the US currency by exporters and banks.

RBI may front-load rate cut to December to support growth: DBS

RBI may front-load rate cut to December to support growth: DBS

Tue, Nov 29, 2016

While global uncertainties and rupee volatility suggest first quarter (Q1) of 2017 is a better time to ease rates, the Reserve Bank of India (RBI) may bring forward the rate cut to December to support growth and tap favourable inflation outlook, says a DBS report.

Rupee edges higher by 5 paise against dollar in early trade

Rupee edges higher by 5 paise against dollar in early trade

Tue, Nov 29, 2016

The rupee edged higher by 5 paise to 68.71 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters and banks.

Rupee weakens by 11 paise against dollar in early trade

Rupee weakens by 11 paise against dollar in early trade

Mon, Nov 28, 2016

The rupee weakened by 11 paise to 68.57 against the dollar in early trade on Monday at the Interbank Foreign Exchange market on month-end demand for the American currency from importers.

Rupee to breach 70-mark by December this year: Report

Rupee to breach 70-mark by December this year: Report

Sun, Nov 27, 2016

The rupee is expected to further slide in the coming days and India's current account deficit is likely to rise to only 1.1% of GDP in FY2017-18, according to a Deutsche Bank research report.

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Fri, Nov 25, 2016

The rupee strengthened further from early gains by 30 paise to 68.43 against the American currency in late morning deals in sustained bouts of dollar selling from banks and exporters amid higher domestic equites.

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