Page 7 - Rupee

Rupee likely to get breather from foreign inflows, say experts

The rupee has come under pressure as surging commodity prices rekindled worries about inflation and the financial health of the net oil-importing nation

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 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 slumps 21 paise to 74.65 against US dollar in early trade

The Indian rupee depreciated 21 paise to 74.65 against the US dollar in opening trade on Wednesday

Rupee slumps 12 paise to 74.35 against US dollar in early trade

The Indian rupee declined 12 paise to 74.35 against the US dollar in opening trade on Friday, tracking strength of the American currency in the overseas market and a muted trend in domestic equities

Rupee falls 22 paise to 74.36 against US dollar in early trade

The Indian rupee depreciated 22 paise to 74.36 against the US dollar in opening trade on Thursday, amid a muted trend in domestic equities

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 slumps 26 paise to close at 73.87 against US dollar

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.

Evergrande situation can lead to rupee coming under pressure: Report

If the worst-case scenario of the Chinese government taking a hands-off approach in the case playing out, the rupee can see volatilities and can depreciate to 75 against the dollar, the report added.

Rupee surges 15 paise to 73.59 against US dollar in early trade

The Indian rupee appreciated 15 paise to 73.59 against the US dollar in opening trade on Tuesday, tracking the weakness of the American currency in the overseas market. At the interbank foreign exchange, the rupee opened at 73.74 against the dollar, then edged higher to 73.59, up 15 paise over its previous close. On Monday, the rupee had settled at 73.74 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 93.19. Foreign institutional investors were net buyers in the capital market on Monday as they purchased shares worth Rs 92.54 crore, as per exchange data. On the domestic equity market front, BSE Sensex was trading 73.95 points or 0.13 per cent lower at 58,416.98, while the broader NSE Nifty declined 1.30 points or 0.01 per cent to 17,395.60. Meanwhile, global oil benchmark Brent crude futures rose 0.88 per cent to USD 74.57 per barrel. According to Anil Kumar Bhansali, Head of Trea

Rupee falls sharply after Yellen renews call for raising US debt ceiling

The rupee opened at 73.8250 a dollar, down from its previous close of 73.48. At 10.50 AM, the rupee was at 73.6750, brought down by nationalised banks selling dollars

Amid sustained inflows, rupee settles 18 paise higher against US dollar

The rupee closed 18 paise higher at 73.50 (provisional) against the US dollar on Wednesday, tracking a firm trend in domestic equities and sustained foreign fund inflows.

Rupee rises 7 paise to 73.61 against US dollar in early trade

The Indian rupee appreciated 7 paise to 73.61 against the US dollar in opening trade on Tuesday, tracking a positive trend in domestic equities and sustained foreign fund inflows

Afghan businessmen oppose use of Pakistani rupee in bilateral trade

A number of people have reacted to a report in a Pakistani newspaper that said business deals in Afghanistan should be based on Pakistani rupees, Pajhwok Afghan News reported.

Dealers foresee intraday volatility in rupee due to taper tantrum

Rupee had risen rapidly last week of August, closing at 73 a dollar level on August 31, from 74.2 level on August 26 after Fed Chair Powell indicated he was in no hurry to raise rates

Rupee plunges 18 paise to close at 73.60 against US dollar

The Indian rupee fell 18 paise to close at 73.60 (provisional) against the US dollar on Wednesday, tracking a strong American currency in the overseas market and muted trend in domestic equities.

Rupee plunges 32 paise to close at 73.42 against US dollar

The rupee plunged by 32 paise to close at 73.42 (provisional) against the US dollar on Tuesday, tracking a strong American currency in the overseas market and muted trend in domestic equities

Rupee inches 3 paise higher to 73.03 against US dollar in early trade

The Indian rupee inched higher by 2 paise to 73.03 against the US dollar in opening trade on Friday, despite a sustained rally in domestic equities. Forex traders said the local unit is trading in a narrow range as strengthening crude oil prices and dollar demand is offsetting the impact of upbeat domestic equities. At the interbank foreign exchange, the rupee opened at 73.05 against the dollar, then surged higher to 73.03, up 3 paise over its previous close. On Thursday, the rupee had settled at 73.06 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.01 per cent at 92.21. Foreign institutional investors were net buyers in the capital market on Thursday as they purchased shares worth Rs 348.52 crore, as per exchange data. On the domestic equity market front, BSE Sensex was trading 251.67 points or 0.44 per cent higher at 58,104.21, while the broader NSE Nifty advanced 70.65 points or 0.41 per c