Page 11 - Indian Rupee

Rupee's sudden gains have traders speculating RBI is easing grip

The rupee has rallied 1.6% in the previous three sessions to post its biggest gain for the period since March 2

Rupee slips 5 paise to 73.05 against the US dollar in early trade

The Indian rupee opened on a flat note and slipped 5 paise to 73.05 against the US dollar in opening trade on Wednesday

Rupee continues to rise on Fed Chair Powell's take on taper

Experts say RBI won't allow Rs to appreciate out of sync with Asian currencies

Fabulous Friday: Sensex sails past 56,000 closing level, rupee gains 53p

With equity benchmark indices scaling new closing highs and rupee logging its biggest single-session gain in more than four months, last Friday of this month turned out to be fabulous for markets

Indian rupee posts best week in 4 months ahead of Jackson Hole speech

In the domestic bond market, the benchmark 10-year bond yield ended steady on the day but rose 2 bps on the week.

Rupee closes at a 2-month high, below 74 for first time since June 18

Supported by a firm trend in domestic equities ahead of the key speech from US Federal Reserve Chair Jerome Powell

Indian rupee slips to near two-week low on US Fed taper talk

The Indian rupee weakened on Tuesday to its lowest level in almost two weeks, in line with other Asian currencies

Forex reserves surge by $9.42 billion to all-time high of $620.57 billion

Gold reserves were up by USD 760 million to USD 37.644 billion in the reporting week, the data showed.

Rupee gains for 5th straight session to settle at 74.15 against US dollar

On Thursday, the rupee had settled at 74.17 against the US dollar.

Rupee gains for fourth straight session, settles at 74.17 against USD

The rupee settled for the day on a flat note and inched 2 paise higher to close at 74.17 (provisional) against the US currency, marking the fourth straight session of gains on Thursday.

India rupee hits 6-week top on IPO inflows, record-high stocks

The partially convertible rupee was at 74.17/18 per dollar, as of 0805 GMT, after touching 74.0925 earlier, its strongest since June 22.

India rupee, bonds fall for second straight month; RBI policy in focus

Sentiment has been lifted after the Fed did not outline a taper timeline, which is expected to aid local shares and the rupee in the near future.

Rupee slips 5 paise to close at 74.47 against USD amid weaker equities

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 92.76.

Currency creation

RBI should be careful in launching a digital currency

Rupee declines 12 paise to 74.58 against US dollar in early trade

The Indian rupee depreciated 12 paise to 74.58 against the US dollar in opening trade on Friday tracking a firm American currency

In IPO season, rupee caught in the middle of global and local pull

Foreign money is pouring into India when the US dollar is gaining strength against emerging markets currencies.

Rupee gains 5 paise to close at 74.54 against US dollar

The rupee pared some of its initial gains to settle 5 paise higher at 74.54 (provisional) against the US dollar on Thursday amid a firm trend in domestic equities. At the interbank forex market, the local unit opened at 74.48 against the greenback and witnessed an intra-day high of 74.47 and a low of 74.55 during the session. On Wednesday, the rupee had settled at 74.59 against the US dollar. "Indian rupee consolidated in the range of 74.65 to 74.40 for the fifth day in absence of fresh cues. Traders are in dilemma as at one end risk-on sentiments and dollar inflows are in favour of rupee while on other hand higher crude oil prices and central bank's interventions adding pressure on rupee," Dilip Parmar, Research Analyst, HDFC Securities. Parmar further added that Spot USDINR is likely to remain in range of 74.40 to 74.65 for few more days amid dollar inflows and stronger regional currencies. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of si

Rupee strengthens 12 paise to 74.47 against US dollar in early trade

The Indian rupee strengthened by 12 paise to 74.47 against the US dollar in early trade on Thursday, as a dovish US Fed pulled greenback lower

Rupee strengthens 14 paise to 74.44 against US dollar in early trade

The Indian rupee strengthened by 14 paise to 74.44 against the US dollar in early trade on Tuesday, tracking a firm trend in the domestic equity market

Rupee pares early gains to settle 6 paise higher at 74.58 against US dollar

The rupee pared some of its initial gains and settled 6 paise higher at 74.58 (provisional) against the US dollar on Monday, ahead of the release of key inflation data.