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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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Sensex ends over 215 points; 7th Pay commission boost consumer stocks

Wed, Jun 29, 2016

Rupee gains 23 paise against dollar in early trade

Rupee gains 23 paise against dollar in early trade

Tue, Jun 28, 2016

Besides, weakness in the dollar against some other currencies overseas gave the rupee some muscle, forex dealers said.

Sensex ends over 110 points; FMCG top gainer on D-Street

Tue, Jun 28, 2016

Market dips down of Brexit fear

Market dips down of Brexit fear

Mon, Jun 27, 2016

Market dips down of Brexit fear. Watch complete news story of Headlines @ 8:00 AM and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Rupee plunges on news of Brexit; RBI likely prevent it from falling further

Rupee plunges on news of Brexit; RBI likely prevent it from falling further

Fri, Jun 24, 2016

The Reserve Bank of India (RBI) likely sold dollars around 68.20 rupee levels through state-owned banks to prevent the rupee from falling further, three traders said on Friday, adding that appeared to be the level the central bank was keen on defending.

Brexit or not, India is going to be impacted

Brexit or not, India is going to be impacted

Thu, Jun 23, 2016

At this point, such an argument is mere speculation. A re-negotiation of the EU-UK agreement following Brexit would mean further uncertainty for India since a conflict of interest could arise, restricting UK from adapting certain deals with India.

Raghuram Rajan exit: Policies are more important than personalities, says Fitch Ratings

Raghuram Rajan exit: Policies are more important than personalities, says Fitch Ratings

Mon, Jun 20, 2016

The leading credit rating agency said it recognises Rajan's contribution in setting significant policy changes in motion and said the new Governor will inherit a solid basis.

Indian rupee to under-perform most currencies

Indian rupee to under-perform most currencies

Mon, Jun 20, 2016

Besides opening from lower in domestic equity market, PTI reports stated that fresh demand for the currency from importers also heated up the rupee. However, the dollar weakness against some currencies overseas, restricted the rupee's losses.

Rupee plummets 61 paise to dollar on Rajan's exit as RBI governor

Rupee plummets 61 paise to dollar on Rajan's exit as RBI governor

Mon, Jun 20, 2016

On Saturday, Rajan said no to a second term in the post, a surprise decision the industry and opposition parties termed as nation's loss.

Will Rajan's exit drag equity markets tomorrow?

Will Rajan's exit drag equity markets tomorrow?

Sun, Jun 19, 2016

The rupee closed at 67.0775/67.0875 per dollar on Friday.

Will Brexit push Indian Rupee to 70?

Will Brexit push Indian Rupee to 70?

Fri, Jun 17, 2016

CARE Ratings, in May said that Rupee is likely to depreciate in value and trade around 69 to a dollar in the current year. Although its reasoning were more to do with the US Federal Reserve, and FCNR deposits that are coming up for redemption.

Rupee appreciates by 8 paise against dollar in early trade

Rupee appreciates by 8 paise against dollar in early trade

Fri, Jun 17, 2016

Forex dealers said besides selling of the American currency and positive economic data, a higher opening in the domestic equity market and weakness of the US dollar against some other currencies overseas supported the rupee.

Rupee depreciates by 6 paise on fresh dollar demand

Rupee depreciates by 6 paise on fresh dollar demand

Thu, Jun 16, 2016

The rupee opened higher by 67.12 against Wednesday's closing level of 67.15 at the Interbank Foreign Exchange (Forex) market in Mumbai on Thursday.

Rupee appreciates by 8 paise against dollar in early trade

Rupee appreciates by 8 paise against dollar in early trade

Wed, Jun 15, 2016

Besides, a higher opening in the domestic equity market supported the rupee. However, dollar's strength against some currencies overseas capped the gains, forex dealers said.

Rupee depreciates by 4 paise against dollar in early trade

Rupee depreciates by 4 paise against dollar in early trade

Tue, Jun 14, 2016

Besides, disappointing macro economic data with industrial production contracting by 0.8% in April and the retail inflation surging to 5.76% in May also weighed on the domestic unit.

Rupee plunges 24 paise against dollar in early trade

Rupee plunges 24 paise against dollar in early trade

Mon, Jun 13, 2016

The dollar was firm against some global currencies which also weighed on the rupee, dealers said.

Rupee falls 16 paise against dollar in early trade

Rupee falls 16 paise against dollar in early trade

Fri, Jun 10, 2016

Dealers attributed the rupee's fall to increased demand for the US currency, but dollar's weakness against some currencies overseas made sure the losses do not mount.

Rupee advances by 6 paise against dollar in early trade

Rupee advances by 6 paise against dollar in early trade

Thu, Jun 09, 2016

Moreover, weakness in dollar against other currencies overseas on expectations that the US Federal Reserve will keep benchmark interest rates low for longer also supported the rupee at the Interbank Foreign Exchange market, dealers said.

Rupee appreciates by 3 paise against dollar in early trade

Rupee appreciates by 3 paise against dollar in early trade

Wed, Jun 08, 2016

Forex dealers said a weakening US dollar against some currencies overseas and a higher opening in domestic equities kept the rupee rising.

Rupee strengthens by 7 paise against dollar in early trade

Rupee strengthens by 7 paise against dollar in early trade

Tue, Jun 07, 2016

Forex dealers said besides continued selling of the greenback by banks and exporters, strong foreign fund inflows and a higher opening of the domestic equity market backed up the rupee.

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