Page 20 - Rupee Vs Dollar

Rupee opens 12 paise higher against US dollar amid drop in oil prices

The domestic unit on Wednesday pared most of its initial losses and settled the day marginally down by 5 paise to 71.07.

Rupee opens 5 paise higher against US dollar amid fall in oil prices

The domestic currency on Wednesday recovered from initial losses to settle 11 paise higher at 71.43.

Rupee gains 24 paise against US dollar in early trade

The domestic currency on Friday closed almost flat at 71.14 per US dollar amid hardening crude oil prices and lacklustre global cues.

Rupee struggles to make headway, down 4 paise at 66.71

Extreme caution continued to grip forex market sentiment

Rally in rupee is not surprising

The US Federal Reserve is expected to hike rates on Wednesday and the dollar has weakened marginally

Rupee surges to two-year high of 63.8 to the dollar

The rupee rose to as much as 63 per dollar, its strongest level since August 10, 2015

Rupee set to shed gains, weaken to 65 if dollar revives: Reuters poll

Chinese yuan is forecast to weaken to 6.90 per dollar a year

Rupee crashes to over 8-month low of 71.81; yuan falls to 11-year low

The Chinese yuan, too, fell to an 11-year low, responding to the US-imposed tariffs on imports

Rupee continues to slide, opens 22 paise lower against US dollar

The domestic unit on Monday plunged 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia's oil facilities.

Rupee fall against dollar likely to spur margins of IT companies

But a weakening pound sterling may erode some of the gains

Rupee goes from Asia's worst to best currency as market sees Modi returning

Foreigners bought a net $3.3 billion of shares through March 18, accounting for more than half the $5.6 billion of inflows year-to-date, and raised holdings of bonds by $1.4 billion this month

Investors turn bullish on the rupee for the first time in a year: Poll

Long bets on the rupee returned after early April last year, the poll of 11 respondents showed, with investors regaining some of their lost appetite for the currency that was the worst Asian performer

Rupee rallies for 3rd day, up 17 paise to close at 69.54 against US dollar

This was the best closing level for the Indian unit since January 1 this year

Rupee at two-and-a-half month high of 69.56 vs USD as foreign inflows surge

The absence of RBI's intervention in the forex market added to the rise, according to experts

Rupee ends flat at 71.56 per dollar ahead of RBI monetary policy meeting

Foreign funds purchased shares worth Rs 694.97 cr on a net basis on Wednesday and domestic institutional investors bought equities worth Rs 525.26 cr

Rupee to under-perform USD again, but will dodge record low: Reuters poll

Pressure on the current govt remains intense to woo more than 900 million eligible people set to cast their votes in the world's biggest democratic exercise

Rupee rises for 3rd day, closes at 70.39 vs dollar on oil, domestic markets

Forex traders said investor sentiment was supported by a sharp fall in bond yields and the continued infusion of liquidity by the RBI by way of open market operation

Rupee ups by 8 paise to 70.79 against dollar on easing trade, crude prices

The rupee recovered by 8 paise to close at 70.79 against the US dollar Tuesday on increased selling of the greenback by exporters and softening crude oil prices. Forex traders said the rupee's rise was supported by dollar-selling by exporters and banks after the Chinese foreign ministry announced a mutually beneficiary agreement with the US. At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 70.91 and lost further ground to hit a low of 71.02 on a stronger dollar, strengthening US yields and worries about escalation in US-China trade war. The local unit, however, pared the initial losses and finally settled the day on a higher note at 70.79 to the US dollar, up 8 paise. "The rupee recovered sharply from the day's low in the second half after Chinese Foreign Ministry spoke of mutual beneficiary agreement between US President Donald Trump and his Chinese counterpart," V K Sharma, Head PCG & Capital Markets Group, HDFC Securities, explained. The rupee Monday

Rupee rises for 7th day, closes at 70.69 vs dollar as crude prices soften

Traders said increased selling of the greenback by exporters and banks also supported the rupee

Rupee may recover to 69.79 a dollar if RBI mops up $30 bn from NRIs: Report

Following market mayhem and rupee plunge after the Fed 'taper tantrum' in summer of 2013, RBI had mobilised $25 bn from NRIs