Page 15 - Us Dollar

Rupee gains 12 paise to 74.88 against the US dollar in opening trade

The rupee appreciated 12 paise to 74.88 against the US dollar in opening trade on Tuesday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened strong at 74.95 against the American dollar, then inched higher to 74.88, registering a rise of 12 paise from the last close. The rupee on Monday appreciated 3 paise to nearly four-week high of 75 against the US dollar. Positive moves in Indian equity indices and stronger Asian currencies aided sentiments, forex traders said, adding that trading is likely to remain range-bound this week ahead of the year-end holidays. Moreover, Omicron worries and firm crude oil prices contained the appreciation bias in the local unit, they added. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading unchanged at 96.09. Meanwhile, on the domestic equity market front, the 30-share Sensex was trading 369.58 points or 0.64 per cent higher at 57,789.82, while the broad

Gold prices ease on US dollar bounce; Omicron fears cap losses

Spot gold was 0.1% down at $1,806.03 an ounce by 1150 GMT but remained above the $1,800 reached last week. U.S. gold futures slipped 0.3% to $1,806.50.

Rupee pares initial losses, settles 3 paise higher at 75 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.21 per cent to 96.21

Rupee declines by 13 paise to 75.16 against US dollar in early trade

The rupee declined by 13 paise to 75.16 against the US dollar in opening trade on Monday, as muted domestic equities and persistent foreign fund outflows weighed on the local unit. Forex traders said growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as firm crude oil prices weighed on the local unit. At the interbank foreign exchange, the rupee opened weak at 75.15, then slipped further to 75.16 against the US dollar in early deals, registering a decline of 13 paise from the last close. The local unit also touched an early high of 75.02 against the greenback in initial deals. The rupee on Friday rose by 23 paise to a three-week high of 75.03 against the US dollar. On the domestic equity market front, the 30-share Sensex was trading 131.6 points or 0.23 per cent lower at 56,992.71, while the broader NSE Nifty declined 45.50 points or 0.27 per cent to 16,958.25. Forex traders said trading is likely to remain range-bound this week ah

Indian Rupee gains 24 paise to close at 75.02 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01

Rupee gains 14 paise to 75.12 against US dollar in early trade

The rupee appreciated 14 paise to 75.12 against the US dollar in opening trade on Friday, as risk appetite improved amid easing fears of fallout from the Omicron coronavirus variant. At the interbank foreign exchange, the rupee opened strong at 75.12 against the American dollar, registering a rise of 14 paise from the last close. On Thursday, the rupee climbed 28 paise to close at 75.26 against the US dollar. According to a new analysis by the UK Health Security Agency (UKHSA) released on Thursday, Omicron is less severe than the Delta variant. The findings coincide with two other studies based on real-world COVID-19 UK data, which also report that the Omicron variant is less severe than the Delta variant, with fewer infected people requiring hospitalisation. Forex traders said ahead of the holidays and extended long weekend in the United States, most major currency pairs are trading in narrow ranges. The dollar index, which gauges the greenback's strength against a basket of six

Indian Rupee jumps 30 paise against US dollar to end day at 75.24

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.03 per cent to 96.10

Bullish investors lift risk-sensitive currencies as Omicron fears fade

The euro slipped by 0910 GMT but held above $1.13 while the dollar index, at 96.159, was unchanged on the day but near its weakest since last Friday

Asian shares advance, dollar soft as markets decide Omicron fallout limited

A global share rally continued in early Asian trading on Thursday and the safe haven dollar was on the back foot

Dollar droops as optimism on economic outlook saps demand for haven assets

The safe-haven dollar languished near an almost one-week low against its major peers as investors adopted a more optimistic stance about the global economic outlook

Rupee rises for fifth straight day, ends 5 paise up at 75.54 against USD

Lower crude prices in the international market and a subdued dollar overseas also supported the local unit, forex dealers said

Rupee gains 11 paise to 75.48 against US dollar in early trade

The rupee appreciated 11 paise to 75.48 against the US dollar in opening trade on Wednesday, tracking a positive trend in domestic equities. However, rising crude prices in the international market and continued foreign fund outflows restricted the local unit, traders said. At the interbank foreign exchange, the rupee opened slightly strong at 75.56 and gained further ground to quote 75.48 against the American dollar in early deals, a rise of 11 paise from the last close. In the previous session, the rupee had settled at 75.59 against the greenback. On the domestic equity market front, the 30-share Sensex was trading 366.66 points or 0.65 per cent higher at 56,685.67, while the broader NSE Nifty advanced 112.50 points or 0.67 per cent to 16,883.35. Global oil benchmark Brent crude futures rose 0.24 per cent to USD 74.16 per barrel. Foreign institutional investors remained net sellers in the capital market on Tuesday, as they offloaded shares worth Rs 1,209.82 crore, as per exchan

Oil prices rise as dollar slips amid Omicron fears, China's economy

Oil prices rose again as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omicro

Dollar dips as Omicron leaves currency markets unseasonably volatile

The dollar edged down again in early Asia, starting a third successive session under pressure as investors favoured riskier currencies and asset classes

Dollar recovers some losses; euro extends gains as risk sentiment recovers

Major currencies held within well-worn trading ranges, however, as a surge in cases of the Omicron coronavirus variant forced countries to reimpose restrictions

Indian Rupee jumps 31 paise to end at 75.59 against US dollar

At the interbank forex market, the domestic unit opened strong at 75.74 against the greenback and witnessed an intra-day high of 75.41 and a low of 75.74 during the day's trade

Dollar consolidates as risk appetite recovers; Turkish lira rockets

Major currencies held within well-worn trading ranges

Dollar on back foot but Omicron variant keeps markets on edge

HONG KONG (Reuters) - The dollar softened a little on Tuesday in the wake of improving market appetite for risk assets and currencies, extending its overnight losses following a blow to Democratic spending plans in Washington.

Rupee gains 17 paise to 75.73 against US dollar in opening session

The rupee appreciated 17 paise to 75.73 against the US dollar in the opening session on Tuesday, tracking heavy buying in domestic equities

As global funds shun India, rupee turns into worst currency in Asia

The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.