Page 16 - Indian Rupee

Outlook & trading strategies for Silver, crude oil by Tradebulls Sec

Silver has made harami candlestick formation on daily charts

Outlook & trading strategies for Copper, Silver by Tradebulls Securities

Silver on the hourly chart is trading in a symmetrical triangle pattern with a breakout above 43,300 and breakdown below 42,200

Rupee tanks 36 paise to all-time low of 76.80 against USD in early trade

The rupee opened weak at 76.75 at the interbank forex market and then fell further to hit an all-time low of 76.80, down 36 paise over its last close.

Indian rupee may stabilise in 2021, to stay weak in near-term: Reuters Poll

After giving up over 7% since the start of the year, the rupee fell to a record low of 76.42 to the dollar on Wednesday

Rupee slides 70 paise to 75.59 a dollar as coronavirus fears mount

Forex traders said heavy selling in domestic equities dragged the local unit amid mounting fears of a coronavirus-led economic slowdown

Coronavirus fear: Biz disruption will outweigh currency gain, say analysts

The rupee declined 0.3 per cent on Friday to hit an all-time low of Rs 75.20 against the dollar

Rupee drops by 8 paise to fresh life-time low of 75.20 vs US Dollar

Meanwhile, all central banks including RBI are trying to reduce the risk and address the liquidity crunch. However, the increasing number of coronavirus cases in India will keep the rupee on an edge.

Covid-19: Rupee hits record low, crosses 75 a dollar as investors panic

Traders said there is a sense of anxiety among investors as they see the global as well as domestic economy plunging into a deep crisis

10-year bond yields at decade-plus low; rupee falls as oil prices crash

The Sensex fell nearly 2,000 points, as foreign investors liquidated their investments for safe haven assets such as US bonds. As prices of bonds rise, yields fall.

Take medium-term bet on commodities

As manufacturing in China recovers, so will the demand for raw materials

Govt to sell 100% stake in BPCL; companies with $10-bn net worth can bid

May 2 set as deadline to submit EoIs, PSUs kept out

Cash usage now at pre-demonetisation levels: CMS Info Systems report

The report stated that industries, such as logistics and jewellery, had seen the biggest increase in usage over the past two years

Rupee continues to slide, plummets 54 paise to 73.87 against US dollar

Volatility continued to grip the markets amid investor concerns over the global coronavirus outbreak

Fairfax seeks Canadian regulator's nod to infuse up to $1.5 bn in India

Makes regulatory filings as it seeks to invest in debt, equity or other securities over a 25-month period

Crude to snuff gains from weak rupee, muted global demand to hurt exports

Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited

Currency traders see no reason to panic due to coronavirus outbreak

If there is news about the possible containment of the virus, the rupee can strengthen rather sharply

Rupee could come under pressure

High fiscal deficit and poor export performance are two possible triggers

Rising forex reserves

Large inflows can increase policy challenges

Rupee tumbles 20 paise against dollar after Iran attack on US bases in Iraq

At the interbank foreign exchange market, the rupee opened weak and slipped to the 72-mark

US strike on Iran, weak rupee take gold nearer the Rs 40,000 mark

Feb gold goes past 40K on MCX, but spot market remains subdued as consumers shy away from making purchases at high levels