The rupee depreciated 16 paise to 73.95 against the US dollar in opening trade on Tuesday tracking muted domestic equities and weakened risk appetite amid concerns about a new virus strain
The rupee declined 17 paise to 73.73 against the US dollar in opening trade amid weak domestic equities and strengthening American currency in the overseas market
The rupee appreciated 6 paise to 73.52 against the US dollar in opening trade as sustained foreign fund inflows and positive domestic equities strengthened investor sentiment
The rupee appreciated 15 paise to 73.48 against the US dollar in opening trade as sustained foreign fund inflows and hectic buying domestic equities strengthened investor sentiment
The rupee depreciated 8 paise to 73.63 against the US dollar in opening trade on Tuesday tracking muted domestic equities
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
The rupee depreciated 11 paise to 73.68 against the US dollar in opening trade tracking muted domestic equities and a rebound in the American currency
The rupee appreciated by 16 paise to 73.77 against the US dollar in the opening session as the Reserve Bank of India maintained status quo on benchmark interest rate for the third time in a row
Nomura expects the rupee to bounce back to 72 per dollar by end-March, a level last seen in February
The rupee depreciated 9 paise to 74.45 against the US dollar in opening trade on Thursday, tracking muted domestic equities. The local unit opened at 74.44 against the greenback at the interbank forex market, then lost further ground and touched 74.45, down 9 paise over its last close. On Wednesday, the rupee declined by 18 paise to close at 74.36 against the US dollar. "The euphoria around a Joe Biden victory (in the US presidential election) and a vaccine becoming available by the year-end seems to be slowly settling down, said Abhishek Goenka, Founder and CEO, IFA Global. The overall risk sentiment, however, continues to remain positive, he said, adding that the dollar though has made a comeback against majors and commodity currencies. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.02 per cent to 93.02. On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 202.76 points lower at 43,390.91, and the
Higher crude oil prices also put pressure on the Indian currency
The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade, tracking strong American currency ahead of the US Presidential election results
A weak opening in domestic equities amid global risk aversion weighs on the Rupee
Experts say EM market equities, currencies may remain weak unless there is positive news
The nervousness in the bond markets on account of higher inflation, larger supply of bonds in H2 and absence of RBI OMOs so far is evident
At the interbank foreign exchange, the rupee opened at 75.71, registering a rise of 20 paise over its previous close
Domestic stocks advanced in early trade which supported the rupee. The key indices Sensex and Nifty, however, closed marginally down due to sell-off in financial counters
The rupee did not react much to the measures announced since this was more towards a short-term liquidity measure which the markets had expected from the RBI.
The developments comes as rupee recovered from record low levels to settle 6 paise higher at 76.28 against the US dollar
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