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Currency Market Update: Rupee rises by 13 paise to close at 83.44 vs dollar

Currency Market Update: Rupee rises by 13 paise to close at 83.44 vs dollar

Thu, Jun 27, 2024

Forex traders said the strength of the American currency in the overseas market and US dollar demand from oil marketing companies capped sharp gains for the local unit.

Rupee falls 5 paise to 83.49 against US dollar

Rupee falls 5 paise to 83.49 against US dollar

Thu, Jun 06, 2024

Forex traders said a weak American currency and firm trend in the equity markets supported the local currency even as investors remained concerned ahead of the RBI's monetary policy decision to be announced on Friday.

Rupee falls 2 paise to 83.42 against US dollar in early trade

Rupee falls 2 paise to 83.42 against US dollar in early trade

Thu, May 30, 2024

Forex traders said a strong American currency also weighed on the local unit even as retreating crude oil prices capped the rupee's sharp fall.

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Rupee vs Dollar: Indian currency rises 50 paise to 81.42 against $ in early trade

Rupee vs Dollar: Indian currency rises 50 paise to 81.42 against $ in early trade

Wed, Nov 09, 2022

The forex market was closed on Tuesday on account of Gurunanak Jayanti.

Rupee vs Dollar: Indian currency falls to all-time low, Brent crude above $101

Rupee vs Dollar: Indian currency falls to all-time low, Brent crude above $101

Mon, Aug 29, 2022

At the interbank foreign exchange, the rupee opened at 80.10 against the dollar, then lost ground to quote at 80.15, registering a fall of 31 paise from the last close. On Friday, the rupee closed at 79.84 against the dollar.

Oil slides further, falls below $95 per barrel amid recession fears

Oil slides further, falls below $95 per barrel amid recession fears

Mon, Aug 08, 2022

Brent crude futures dropped 74 cents, or 0.8%, to $94.18 a barrel by 0039 GMT.

Inflation alert! Bangladesh increases petrol price by over 50%, diesel price goes up by 42% | What led to this steep hike

Inflation alert! Bangladesh increases petrol price by over 50%, diesel price goes up by 42% | What led to this steep hike

Sun, Aug 07, 2022

The South Asian country`s $416 billion economy has been one of the fastest-growing in the world for years.

Oil falls to nearly 6-month lows after surprise US crude, gasoline stockpiles

Oil falls to nearly 6-month lows after surprise US crude, gasoline stockpiles

Thu, Aug 04, 2022

Brent crude futures settled down $3.76, or 3.7%, at $96.78 a barrel.

U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions

U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions

Sat, Jul 23, 2022

WTI closed lower for the third straight week, pummelled over the past two sessions after data showed that U.S. gasoline demand had dropped nearly 8% from a year earlier in the midst of the peak summer driving season, hit by record prices at the pump.

Oil prices settle lower amid fears of aggressive Fed rate hike

Oil prices settle lower amid fears of aggressive Fed rate hike

Fri, Jul 15, 2022

Oil prices settled lower on Thursday, but pared nearly all losses after falling more than $4 earlier in the session.

Against dollar, rupee falls 10 paise to 79.23

Against dollar, rupee falls 10 paise to 79.23

Fri, Jul 08, 2022

The rupee declined by 10 paise to close at 79.23 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market.

Oil dips as investors torn by tight supply worries and recession fears

Oil dips as investors torn by tight supply worries and recession fears

Fri, Jul 08, 2022

Oil prices slipped in early Asian trade on Friday, following a rebound in the previous session, as investors remained torn between worries over tight global supplies and fears a recession could dampen oil demand.

In the early trade rupee rises 9 paise to 79.24 against US dollar

In the early trade rupee rises 9 paise to 79.24 against US dollar

Wed, Jul 06, 2022

Recovering from its record low level, the rupee appreciated 9 paise to 79.24 against the US dollar in early trade on Wednesday.

Rupee settles at all-time low of 78.33 against US dollar

Rupee settles at all-time low of 78.33 against US dollar

Fri, Jun 24, 2022

The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 (provisional) against the US dollar. At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous close.

Oil prices slump as investors fear Fed rate hikes will hurt demand

Oil prices slump as investors fear Fed rate hikes will hurt demand

Fri, Jun 24, 2022

Powell said the Fed`s focus on curbing inflation was "unconditional" and the labor market was unsustainably strong, comments that stoked fears of more rate hikes.

Rupee recovers from record low, opens 12 paise up at 78.20 against US dollar

Rupee recovers from record low, opens 12 paise up at 78.20 against US dollar

Fri, Jun 24, 2022

At the interbank foreign exchange, the rupee opened at 78.20 against the American dollar.

Rupee Vs Dollar: Rupee plunges by 27 paise to record low of 78.40 against US dollar

Rupee Vs Dollar: Rupee plunges by 27 paise to record low of 78.40 against US dollar

Wed, Jun 22, 2022

The rupee declined by 27 paise to a record low of 78.40 (provisional) against the US dollar on Wednesday due to unabated foreign fund outflows and losses in the domestic equities.

Barclays raises 2022 oil price view on likely supply deficit

Barclays raises 2022 oil price view on likely supply deficit

Tue, Sep 28, 2021

Barclays has raised its 2022 oil price forecasts reasoning that a continued recovery in demand could widen a `persistent` supply shortfall.

Oil prices fall as soaring US output mars OPEC bid to tighten markets

Oil prices fall as soaring US output mars OPEC bid to tighten markets

Thu, Feb 08, 2018

In fact, the OPEC-led restraint was arguably the biggest enabler for America`s production boom, handing over market share at higher oil prices.

Oil falls below $69 as stronger dollar dents risk assets

Oil falls below $69 as stronger dollar dents risk assets

Tue, Jan 30, 2018

European stock markets were firmly in negative territory after a recovering dollar and a drop in shares of Apple sent Wall Street to its largest one-day fall in five months the previous day.

Uptrend in crude oil price may further impact India's fiscal position

Uptrend in crude oil price may further impact India's fiscal position

Wed, Jan 10, 2018

Given the negative balance on Petro account, CARE stated that higher prices of crude oil will increase the trade deficit and put pressure on the rupee.

Oil prices edge up on lower US rig count, but below recent highs

Oil prices edge up on lower US rig count, but below recent highs

Mon, Jan 08, 2018

U.S. West Texas Intermediate (WTI) crude futures were at $61.61 a barrel at 0209 GMT, 17 cents, or 0.3 percent, above their last settlement, and not far off the $62.21 May 2015 high reached last week.

Oil eases as traders and investors grow edgy ahead of OPEC meet

Oil eases as traders and investors grow edgy ahead of OPEC meet

Mon, Nov 20, 2017

Brent crude futures were at $62.37 per barrel by 1002 GMT, down 35 cents on the day, while U.S. West Texas Intermediate (WTI) crude futures were down 7 cents at $56.48 a barrel.

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