The Rupee Rose 5 Paise To 77.52 Against The Dollar, As Local Equities Continued To Rise
In early trade on Wednesday, the rupee rose 5 paise to 77.52 against the US dollar, as a robust trend in local equities improved investor spirits However, forex traders claimed that rising and continuing foreign capital outflows restricted the local currency’s appreciation bias The rupee opened at 77.54 against the dollar on the interbank foreign […]
In Early Trade, The Rupee Is Trading Flat Against The US Dollar
On Tuesday, the rupee opened flat versus the US dollar, owing to a lackluster trend in domestic equity markets and continued foreign capital outflows The rupee opened sluggish versus the dollar at 77.56 on the interbank foreign exchange, before becoming volatile and trading in a narrow range of 77.56 to 77.51. The native currency was […]
The Dollar Takes A Break As US Yields Drop Ahead Of CPI
The US dollar’s rally came to a halt as the DXY index dropped to 103.5 before the release of April’s US Consumer Price Index (CPI) numbers, while Treasury yields fell as investors switched away from a turbulent stock market amid fears about global growth and a potential inflation peak The Japanese yen (JPY) and Swiss […]
Rupee falls to a new intraday low, but recovers when RBI intervenes
The rupee struck a new intra-day low on Thursday, breaching the 77.5/$ barrier, as the US dollar strengthened, before th intervened to aid its .The rupee finished the day at 77.43 per dollar, down 18 paise or 0.24 percent from its previous close of 77.24 per dollar As the dollar strengthened, the rupee dropped to […]
Rupee falls to a new low of 77.58 against the US dollar
The Indian rupee fell to a new record low against the US dollar on Thursday, echoing losses across Asian rivals. The drop in global and local shares following the US inflation report pointed to more aggressive Fed tightening amid deteriorating investor confidence hit down by the global economic slowdown The currency began trading at 77.56 […]
In early trade, the rupee rose 17 paise to 77.17 against the US dollar
In early trade on Wednesday, the rupee rose 17 paise to 77.17 against the US dollar, as the American currency fell from its recent highs The rupee began at 77.24 versus the dollar on the then gained further ground to quote at 77.17, up 17 paise from the previous close. The rupee also hit a […]
As crude oil prices rise, the rupee falls to an all-time low of 77.42 per dollar
The Indian rupee has broken over the 77-per-dollar barrier for the first time, owing to rising and a growing trade deficit The rupee was trading at 77.32 per dollar, 41 paise lower than its previous cloese lkThe US Federal Reserve’s hawkish posture has resulted in higher US bond yields, with the dollar index reaching a […]
In Early Trade, The rupee Climbs 29 Paise To 76.11 Against The US Dollar
The rupee rose 29 paise to 76.11 against the US dollar in early trade on Thursday, as the US currency fell in the international marke The rupee began at 76.17 against the US dollar on the interbank foreign exchange, then gained ground to quote at 76.11, a 29-paise increase from the previous day The rupee […]
Rupee advances 23 paise to 75.93 against US dollar in early trade
The rupee appreciated 23 paise to 75.93 against the US dollar in the opening trade on Tuesday, following a positive trend in domestic equities amid softening global crude oil prices A weak American currency in the overseas market also helped the domestic unit, forex traders said At the interbank foreign exchange, the rupee opened strong at 75.97 […]
