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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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From last leg of Q4 results to global cues, 10 things to know before opening bell

From last leg of Q4 results to global cues, 10 things to know before opening bell

Fri, May 26, 2023

Indian equity benchmarks Nifty50 and Sensex are likely to start Friday’s session on a lower note. Here's a list of 10 things you need to know before Dalal Street resumes trading.

From global cues to Q4 results, 10 things to know before stock market opens today

From global cues to Q4 results, 10 things to know before stock market opens today

Thu, May 25, 2023

Indian equity benchmarks Nifty50 and Sensex are expected to start Thursday’s session in the red amid weakness across other major markets around the globe.

From global cues to Q4 results, 10 things to know before share market opens today

From global cues to Q4 results, 10 things to know before share market opens today

Wed, May 24, 2023

Indian equity benchmarks Nifty 50 and Sensex are likely to start Wednesday’s session in the red amid negative moves across other major markets around the globe.

Dollar index higher as US debt ceiling concerns keep traders nervous

Dollar index higher as US debt ceiling concerns keep traders nervous

Wed, May 24, 2023

The dollar index, which measures the U.S. currency against a basket of major peers, reached 103.65, the highest since March 20, and was last at 103.55.

From global cues, macro data, 10 things to know before opening bell today

From global cues, macro data, 10 things to know before opening bell today

Tue, May 23, 2023

Indian equity benchmarks Nifty 50 and Sensex are likely to start Tuesday's session in the green. Here's a list of 10 important things to know before the opening bell in the Indian share market on May 23.

From global cues to Q4 results, 10 things to know before opening bell today

From global cues to Q4 results, 10 things to know before opening bell today

Fri, May 19, 2023

Indian equity benchmarks Nifty 50 and Sensex are likely to start Friday’s session in the green on the back of mixed moves across other major markets around the globe as investors remain divided about a breakthrough in the US debt ceiling talks.

US dollar index edges up as market looks to inflation data

US dollar index edges up as market looks to inflation data

Tue, May 09, 2023

The dollar index, which measures the currency against six rivals, rose 0.08% to trade at 101.38, a better showing than the one-year low of 100.78 reached last month.

Rupee edges lower to 82.01 against US dollar

Rupee edges lower to 82.01 against US dollar

Wed, Apr 26, 2023

The dollar index — which gauges the dollar against six currencies other than the rupee — was last seen trading 0.04 per cent lower at 101.82. The index compares the dollar to the yen, the pound, the Canadian dollar, the Swedish krona, the Swiss franc and the euro.

Rupee moves in narrow range against US dollar in early trade

Rupee moves in narrow range against US dollar in early trade

Mon, Apr 24, 2023

At the interbank foreign exchange, the rupee opened at 82.08 against the dollar. It touched an early high of 82.05 in initial deals.

US dollar gains on rising US yields, British inflation lifts pound

US dollar gains on rising US yields, British inflation lifts pound

Thu, Apr 20, 2023

The dollar index, which tracks the currency against a basket of its peers, was up 0.206% as markets turn more skeptical that the Federal Reserve will cut rates later this year.

Rupee nearly unchanged at 82 against US dollar

Rupee nearly unchanged at 82 against US dollar

Tue, Apr 18, 2023

At the interbank foreign exchange, the domestic unit opened at 81.99 against the dollar. It went as high as 81.96 and touched the lowest level of 82.02. Later, the rupee was trading at 82, registering a gain of 1 paisa over its previous close.

US dollar index gains on expectations of rate hike in May amid strong New York factory survey

US dollar index gains on expectations of rate hike in May amid strong New York factory survey

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.

Rupee gains 18 paise to 81.93 against US dollar in early trade

Rupee gains 18 paise to 81.93 against US dollar in early trade

Thu, Apr 13, 2023

The rupee last closed at 82.09 against the greenback, registering a gain of 3 paise over its previous close. During the session, the rupee touched a high of 82.01 and a low of 82.11 against the dollar.

Rupee rises 11 paise to 82.01 against US dollar in early trade

Rupee rises 11 paise to 82.01 against US dollar in early trade

Wed, Apr 12, 2023

The dollar index, which compares the value of the dollar to other six currencies also, was last trading 0.10 per cent lower at 102.10. The index compares the dollar to the yen, the pound, the Canadian dollar, the Swedish krona, the Swiss franc, and the euro.

Rupee rises to 81.78 against US dollar in early trade

Rupee rises to 81.78 against US dollar in early trade

Mon, Apr 10, 2023

The rupee gained 24 paise to 81.78 against the US dollar in early trade on Monday, 10 April tracking a positive trend in domestic equities and foreign fund inflows. The rupee opened at 81.86 vs the US dollar today.

Rupee rises by 24 paise to 82.08 against US dollar

Rupee rises by 24 paise to 82.08 against US dollar

Wed, Apr 05, 2023

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.03 per cent to 101.56 after a weak set of economic data bolstered expectations of the end of US Fed rate hike cycle.

Rupee vs Dollar: Know how Indian Rupee is replacing Dollar as a global currency

Rupee vs Dollar: Know how Indian Rupee is replacing Dollar as a global currency

Tue, Apr 04, 2023

The Indian Rupee has been accepted by 18 countries from across the globe for transactions. Malaysia is the latest to join the list of countries that have agreed to trade in Indian Currency. About 30 banks from overseas countries have signed up with Indian banks so far.

Gudi Padwa 2023: Currency market shut today for Gudi Padwa holiday

Gudi Padwa 2023: Currency market shut today for Gudi Padwa holiday

Wed, Mar 22, 2023

Gudi Padwa Holiday: The currency market remained shut on Wednesday, March 22 for the Gudi Padwa holiday. The forex market will resume trading at 9 am on March 23, Thursday.

Rupee vs US dollar: Indian currency rises 13 paise to 81.82 against $

Rupee vs US dollar: Indian currency rises 13 paise to 81.82 against $

Thu, Mar 09, 2023

Overall, higher US bond yields and risk-off-tilted equity sentiment are making a base case for the stronger USD, CR Forex Advisors MD Amit Pabari said, adding that FDI and FPIs have acted as life support for the rupee.

Rupee vs US dollar: INR falls 37 paise to 82.29 against $

Rupee vs US dollar: INR falls 37 paise to 82.29 against $

Wed, Mar 08, 2023

Stock and money markets were closed on Tuesday on account of Holi. Brent crude futures, the global oil benchmark, advanced 0.28 per cent to USD 83.52 per barrel.

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