Page 36 - Rupee

Rupee snaps three-day rise

Snapping a three-day winning spree against the dollar, the rupee declined by three paise, or 0.05 per cent, to close at 66.53 on dollar demand from importers.The rupee resumed at 66.46 against the last weekend's 66.50 at the Interbank Foreign Exchange Market and firmed up to 66.41 on initial selling of dollars by exporters and banks, on the back of persistent foreign capital inflows amidst a firm equity market.It dropped afterwards to 66.58 on renewed dollar demand from importers on the back of recovery of dollar in the overseas market.It had gained by 88 paise or 1.31 per cent in the previous three days. Reported dollar purchases by public sector banks led the domestic currency to pare most of its intra-day gains. But, positive momentum in local indices contained the downside, dealers said. Foreign funds continued their buying spree as foreign portfolio investors/ foreign institutional Investors bought shares worth Rs 1,712.62 crore on Friday, according to provisional figures issued b

Rupee strengthens by 38 paise to 66.84 in early trade

The domestic currency gained amidst higher opening in the domestic equity market

Rupee trims initial gains, still up 8 paise against US dollar

It strengthened further at 66.8750 on good bouts of dollar selling from banks before quoting at 66.97 at 10:30 hrs

Rupee extends gains for 3rd day, ends at 67.05

A recovery in the domestic equity market boosted the rupee value

Rupee weakens 11 paise against dollar

Opens at 67.18 against US currency in early trade today

Rupee firms up by 14 paise, ends at 67.07

The domestic currency strengthened on sustained selling of dollars by banks and exporters

Rupee inches up 8 paise to 67.13 against dollar

Sustained foreign capital inflows gave the rupee some muscle, dealers said

Rupee slips 15 paise to 67.5 against dollar

Sustained demand for the dollar from importers weighed on the rupee

Rupee sinks 19 paise vs dollar in early trade

Fresh demand for the American currency from importers and banks affected the value of the rupee

Rupee at 2-1/2 month high of 67.08, up 26 paise

Robust FII inflows into the equities and debt predominantly supported the domestic currency

Rupee's strength may not be sustainable, say dealers

Rise in the rupee was on the back of a rally in the local stock market, which again largely followed global cues

Rupee advances 12 paise against dollar

The rupee had risen for the fifth straight session on Thursday to close at a fresh 7-month high of 67.34

Rupee builds on gains, up 18 paise against dollar

The domestic currency is trading at a 7-week high of 67.36

Rupee extends gains, up 11 paise against dollar

The domestic currency has risen to a fresh three-week high of 67.74 against the dollar

Rupee firms up 57 paise to 3-week high of 67.85

Weakness of dollar in the overseas market boosted the value of the domestic currency

Rupee advances 18 paise against dollar

Sustained selling of the US currency by banks and exporters helped the rupee

Rupee recovers 3 paise in late morning deals

The domestic currency moved in a range of 68.74 and 68.57 during the morning trade

Rupee sinks 12 paise vs dollar in early trade

A firm dollar against some global currencies overseas affected the value of the rupee

RBI sets rupee reference rate at 68.77 against US dollar

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.0890 and 61.03 per 100 yens, respectively

Rupee looks up, rebounds 7 paise against dollar

Weakness in the dollar against other currencies overseas, supported the rupee