Page 8 - Rupee Vs Dollar

Indian economy will survive headwinds from a taper by US Fed, says FinMin

The Centre's fiscal deficit touched just 35 per cent of the Budget Estimates in the first six months of 2021-22

Samvat 2078: More bang than whimper for rupee, bond this new year

The rupee was at 74.61 to a dollar on November 13 - the beginning of Samvat. It ended at 74.46 to a dollar on Wednesday

Rupee appreciates 22 paise to close at 74.46 against the US dollar

A weak American currency in the overseas market also helped the local unit, forex dealers said

Rupee gains 12 paise to 75.25 against US dollar in early trade

The Indian rupee appreciated 12 paise to 75.25 against the US dollar in opening trade on Thursday, buoyed by heavy buying in domestic equities and fresh foreign fund inflows.

Rupee's long-term trend is to appreciate, say experts

The rupee's movement has been particularly strong in the past few sessions

Rupee rises 26 paise to 75.26 against US dollar in early trade

The Indian rupee appreciated 26 paise to 75.26 against the US dollar in opening trade on Wednesday, supported by positive macroeconomic data and a rally in domestic equity market

Rupee slumps 37 paise to close at 15-month low of 75.36 against US dollar

Rising crude oil prices and a stronger American currency in the overseas market weighed on investor sentiment.

Rupee recovers 19 paise to end at 74.79 against US dollar on Thursday

The rupee snapped its three-session losing streak to settle 19 paise higher at 74.79 (provisional) against the US dollar on Thursday, tracking a positive trend in domestic equities

Rupee rises 22 paise to 74.76 against US dollar in early trade

The Indian rupee appreciated 22 paise to 74.76 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities. At the interbank foreign exchange, the rupee opened at 74.77 against the dollar, then inched higher to 74.76 registering a rise of 22 paise over its previous close. On Wednesday, the Indian rupee suffered its biggest single-day drop in six months, losing 54 paise against the US dollar to end at 74.98. Forex traders said market participants remain cautious also ahead of the important RBI policy statement that is scheduled to be released this Friday. The Reserve Bank's rate-setting panel started its three-day deliberations on the next bi-monthly monetary policy on Wednesday, amid rising global commodity prices and the need to contain inflation at home. The decision of the six-member Monetary Policy Committee (MPC) would be announced on Friday by RBI Governor Shaktikanta Das. Meanwhile, the dollar index, which gauges the greenback's stren

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

Rupee plummets 54 paise to close at 74.98 against US dollar

At the interbank foreign exchange market, the local currency opened at 74.63 and witnessed an intra-day high of 74.54 and a low of 74.99 against the US dollar in day trade.

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

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

Indian bonds gain, rupee weakens to 1-month low on risk aversion

The partially convertible rupee was trading at 74.11/12 per dollar, as of 0622 GMT, after touching 74.1875, its weakest since Aug. 27. The pair had closed at 74.04 on Tuesday

Rupee slips 13 paise to 74.19 against US dollar in early trade

The Indian rupee declined 13 paise to 74.19 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities.

Rupee inches 8 paise higher to 73.75 against US dollar in early trade

The Indian rupee appreciated 8 paise to 73.75 against the US dollar in opening trade on Tuesday, tracking positive domestic equities

Rupee falls 13 paise to 73.77 against US dollar in early trade

The Indian rupee depreciated 13 paise to 73.77 against the US dollar in opening trade on Friday, in line with other Asian currencies amid a strong greenback in the overseas market. At the interbank foreign exchange, the rupee opened on a weak note and fell to 73.77 against the dollar, registering a decline of 13 paise from the last close, even as the domestic equity market was trading with handsome gains. In the previous session on Thursday, the rupee had settled at 73.64 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.04 per cent to 93.12. The Indian rupee opened weaker this Friday against the dollar, after benchmark US yields reached their highest level in more than two months on anticipated withdrawal of policy support, said Sriram Iyer, Senior Research Analyst at Reliance Securities. Most of the emerging market and Asian currencies have started weaker against the dollar this Friday morning and

Indian rupee gains on dollars inflows; traders await auction outcome

The Fed said it will likely begin reducing its monthly bond purchases as soon as November and signalled interest rate hikes may follow more quickly than expected

Rupee advances 10 paise to 73.77 against US dollar in early trade

The Indian rupee appreciated 10 paise to 73.77 against the US dollar in opening trade on Thursday, tracking weakness of the American currency in the overseas market

Rupee slips 11 paise to 73.72 against US dollar in early trade

The Indian rupee depreciated 11 paise to 73.72 against the US dollar in opening trade on Wednesday, tracking a strong greenback in the overseas market. Forex traders said a positive trend in domestic equities and sustained foreign fund inflows supported the rupee, but firm crude oil prices and broad strength in the US dollar index dragged the local unit down. At the interbank foreign exchange, the rupee opened at 73.70 against the dollar, then fell further to 73.72, registering a decline of 11 paise from the last close. In the previous session on Tuesday, the rupee had settled at 73.61 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.08 per cent to 93.27. Foreign institutional investors were net buyers in the capital market on Tuesday as they purchased shares worth Rs 1,041.92 crore, as per exchange data. According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors fund flows into