Page 10 - Indian Rupee

Indian Rupee slumps 20 paise to close at 74.99 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent lower at 94.15.

Rupee at 74.98 against USD, bond mkt shrugs off Moody's outlook upgrade

The 10-year bond yield closed at 6.28 per cent, its highest level since April 17, 2020

Indian rupee hits 5-1/2-month low; bonds fall on oil price surge

The rupee fell for a third straight session, shedding 0.7%, its biggest single-day loss since June 17

Rupee, bonds continue to fall despite Moody's outlook revision to stable

The government and the RBI have been engaging with global bond index providers such as Bloomberg, JP Morgan and FTSE for inclusion of government bonds

Rupee slides, bond yields rise as crude prices hit seven-year high

The rupee was at 74.53 a dollar at 11.40am, down from its previous close of 74.31, as the dollar index crossed 94: its highest level since November 2020

Indian Rupee slips 13 paise to close at 74.44 against US dollar

Widening trade balance data and dollar outflows also weighed on rupee: Analyst

Indian Rupee falls 19 paise to close at 74.31 against US dollar

Meanwhile, Brent crude futures, the global oil benchmark, advanced 0.15 per cent to $79.40 per barrel.

Rupee slips 5 paise to 74.17 against the US dollar in early trade

The Indian rupee declined 5 paise to 74.17 against the US dollar in opening trade on Monday, in line with its Asian peers amid the strengthening of the American currency in the overseas market

Rupee pares initial losses to close 11 paise up at 74.12 against US Dollar

Global oil benchmark Brent crude futures fell 0.49 per cent to USD 77.93 per barrel.

Rupee falls for 5th straight session, settles 9 paise down at 74.23/USD

The rupee declined by 9 paise to end at 74.23 (provisional) against the US currency on Thursday, marking its fifth straight session of fall, amid risk averse sentiments and foreign fund outflows. At the interbank foreign exchange market, the rupee opened on a negative note at 74.28 per dollar as against its previous close of 74.14. It hovered in the range of 74.18 to 74.36 per dollar during the day before ending at 74.23 against the American currency. The domestic unit has lost 59 paise in the last five trading sessions. "The Indian rupee depreciated for the fifth day in row amid risk averse sentiments and foreign fund outflows. Markets started pricing rollback of pandemic-related easing as growth recovers and inflation expectations stay high," said Dilip Parmar, Research Analyst, HDFC Securities. Parmar further said that the rupee stayed calmer on Thursday, compared to the prior three days, as participants are cautious ahead of the release of month-end economic data. "Trend seems

Indian Rupee falls 8 paise to close at 74.14 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher

Indian Rupee falls 23 paise to close below 74-level against US dollar

This comes amid a lacklustre trend in domestic equities and strengthening of the American currency in the overseas market

Indian Rupee ends 15 paise lower at 73.83 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.11 per cent

Rupee declines 4 paise to close at 73.68 against US dollar

In the previous session on Thursday, the rupee had closed at 73.64 against the US dollar.

Amid tapering fears, rising imports, rupee to face pressure next week

Global anxieties along with rising imports and persistently high crude oil prices will weaken the Indian rupee in the coming week.

Rupee rises 7 paise to 73.61 against US dollar in early trade

The Indian rupee appreciated 7 paise to 73.61 against the US dollar in opening trade on Tuesday, tracking a positive trend in domestic equities and sustained foreign fund inflows

Rupee declines 18 paise to close at 73.68 against US dollar

The currency fell tracking a strong American currency in the overseas market and muted trend in domestic equities

Rupee snaps 3-day losing streak, settles 10 paise higher at 73.50

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.11 per cent to 92.54.

Rupee plunges 18 paise to close at 73.60 against US dollar

The Indian rupee fell 18 paise to close at 73.60 (provisional) against the US dollar on Wednesday, tracking a strong American currency in the overseas market and muted trend in domestic equities.

Rupee inches 3 paise higher to 73.03 against US dollar in early trade

The Indian rupee inched higher by 2 paise to 73.03 against the US dollar in opening trade on Friday, despite a sustained rally in domestic equities. Forex traders said the local unit is trading in a narrow range as strengthening crude oil prices and dollar demand is offsetting the impact of upbeat domestic equities. At the interbank foreign exchange, the rupee opened at 73.05 against the dollar, then surged higher to 73.03, up 3 paise over its previous close. On Thursday, the rupee had settled at 73.06 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.01 per cent at 92.21. Foreign institutional investors were net buyers in the capital market on Thursday as they purchased shares worth Rs 348.52 crore, as per exchange data. On the domestic equity market front, BSE Sensex was trading 251.67 points or 0.44 per cent higher at 58,104.21, while the broader NSE Nifty advanced 70.65 points or 0.41 per c