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Rupee hits all-time low of 84.50 against the US dollar amid market volatility

Rupee hits all-time low of 84.50 against the US dollar amid market volatility

Thu, Nov 21, 2024

At the interbank forex market, the rupee opened at 84.41 and slipped to an intra-day low of 84.51 before settling at 84.50.

Goldman Sachs sees rupee weakening to 85.5-86 vs US dollar in 3-6 months: Report

Goldman Sachs sees rupee weakening to 85.5-86 vs US dollar in 3-6 months: Report

Thu, Nov 21, 2024

The rupeeslumped to an all-time low against the American currency on Thursday.

Rupee slides to all-time low at 84.42 against dollar

Rupee slides to all-time low at 84.42 against dollar

Tue, Nov 19, 2024

Indian rupee hit a record low of 84.42 against the U.S. dollar on Tuesday, driven by increased demand from foreign banks and importers, particularly domestic oil corporations.

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Rupee opens 9 paise higher at 71.15 against US dollar

Rupee opens 9 paise higher at 71.15 against US dollar

Thu, Jan 17, 2019

Foreign funds pulled out Rs 90.10 crore from the capital markets on a net basis, while domestic institutional investors purchased shares worth Rs 304.27 crore Wednesday, provisional data showed.

Rupee versus dollar: Rupee climbs 13 paise against dollar

Rupee versus dollar: Rupee climbs 13 paise against dollar

Wed, Jan 16, 2019

Foreign funds purchased shares worth Rs 159.60 crore from the capital markets on a net basis, while domestic institutional investors purchased shares worth Rs 417.44 crore on Tuesday.

Commodity market alert: Gold prices may rise on Brexit deal failure

Commodity market alert: Gold prices may rise on Brexit deal failure

Wed, Jan 16, 2019

After Brexit deal failure gold will get traction in coming days and will possibly break $1300 in international markets, weakness in rupee could additionally support gold prices in domestic markets. Gold is having support at $1284-1278 and resistance at $1294-1300.

Fed announcement pulls Rupee by 7 paise against US dollar

Fed announcement pulls Rupee by 7 paise against US dollar

Fri, Jan 11, 2019

Forex dealers said, selling of the American currency by exporters and easing crude prices supported the rupee in early trade.

Gold shines on weak dollar, Fed chief's dovish tone on rate hike

Gold shines on weak dollar, Fed chief's dovish tone on rate hike

Fri, Jan 11, 2019

"The weaker dollar and a more dovish Fed are the two most alluring factors for gold," said Stephen Innes, APAC trading head at OANDA."There are concerns for the U.S. economy to slow down, perhaps towards the end of 2019 and into 2020, so the markets are pricing rate cuts."

No relief for Rupee! Indian currency to trade between 69-72 range till February

No relief for Rupee! Indian currency to trade between 69-72 range till February

Fri, Jan 11, 2019

CPI is expected to remain benign, hence there is a chance of interest rate cut by the RBI. But political risk is rising for the Market.

Rupee rebounds 72 paise against US dollar

Rupee rebounds 72 paise against US dollar

Thu, Jan 10, 2019

Asked about the future trend that rupee may show in the Forex market Anindya Banerjee, Deputy Vice President, Kotak Securities had told Zee Business Online, "Technically, the Indian currency looks bearish as the government of India is unable to bridge the gap of Rs 20,000 crore that it failed to generate through GST revenue collection."

Rupee rebounds 14 paise against US dollar

Rupee rebounds 14 paise against US dollar

Thu, Jan 10, 2019

At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.49, but soon appreciated to 70.32 against the greenback, up 14 paise over its previous closing price.

Rupee rebounds 7 paise against dollar in early trade

Rupee rebounds 7 paise against dollar in early trade

Wed, Jan 09, 2019

The unit was also boosted by a higher opening of the domestic equities market tracking positive cues from Asian stocks amid rising hopes of US and China striking a trade deal. US President Donald Trump, on Tuesday, said that talks with Beijing on a trade deal were going on "very well".

Markets regain lost ground, Sensex up by over 75 points

Markets regain lost ground, Sensex up by over 75 points

Tue, Jan 08, 2019

Asian shares too rose for the third straight session on Tuesday as investors bet that Washington and Beijing are inching towards a trade deal and that US Federal Reserve would halt its tightening if economic growth slows further.

Gold rush continues on Federal rate pause bets

Gold rush continues on Federal rate pause bets

Tue, Jan 08, 2019

Gold held steady on Tuesday as bets on a pause in U.S. interest rate hikes and hopes of a Sino-U.S. trade deal put pressure on the dollar, but an improved risk appetite capped gains for the safe-haven metal.

Rupee gains 0.15 percent agaisnt US Dollar

Rupee gains 0.15 percent agaisnt US Dollar

Mon, Jan 07, 2019

Rupee was trading at 69.44 per dollar in the forex market. This gain is because of the upbeat mood of the investors over the US-China trade talks as the stand-off is affecting the emerging economies ties with the first world economy.

Fast Money: These 20 shares will help you earn more today, Jan 4th, 2019

Fast Money: These 20 shares will help you earn more today, Jan 4th, 2019

Fri, Jan 04, 2019

In this segment of Zee Business know which shares will help you earn more today, Jan 4th, 2019. Watch full video for more info.

Fast Money: These 20 shares will help you earn more today, Jan 3rd, 2019

Fast Money: These 20 shares will help you earn more today, Jan 3rd, 2019

Thu, Jan 03, 2019

In this segment of Zee Business know which shares will help you earn more today, Jan 3rd, 2019. Watch full video for more info.

Rupee falls 22 paise to 70.40 against USD in early trade

Rupee falls 22 paise to 70.40 against USD in early trade

Thu, Jan 03, 2019

Forex traders said the dollar strengthening against major global currencies overseas and fall in domestic equities dragged down the local unit, while falling crude oil prices capped rupee's losses.

Rupee falls 27 paise to 69.70 against US dollar in early trade

Rupee falls 27 paise to 69.70 against US dollar in early trade

Wed, Jan 02, 2019

Forex traders said sustained foreign fund outflows also weighed on the local unit. However, lower crude oil prices capped the losses.

Rupee gains 30 paise against US dollar in opening trade amid fall in crude oil prices

Rupee gains 30 paise against US dollar in opening trade amid fall in crude oil prices

Fri, Dec 28, 2018

The rupee rose by 30 paise to 70.05 against the US currency in opening trade Friday.

New investing trend grabs imaginations in India! Investors bet big money on it

New investing trend grabs imaginations in India! Investors bet big money on it

Tue, Dec 04, 2018

Non-financial data is turning key for investors, shows a recent trend and investors are actually putting it to use by betting their money on it. Besides this, finance teams need to manage this information with same rigour and assurance as financial information, said an EY survey.

Government is not eyeing RBI's surplus reserves: Gurumurthy

Government is not eyeing RBI's surplus reserves: Gurumurthy

Fri, Nov 16, 2018

"You can`t say dollar has appreciated this much and give me that money. The government is not asking for that. As per my understanding, the government is only asking for formulation of a policy as to how much reserves the central bank must have," he said while delivering a lecture at the Vivekananda International Foundation (VIF) here.

Gold price many rebound to Rs 3,350/g

Gold price many rebound to Rs 3,350/g

Mon, Nov 12, 2018

But then the price began to fall on fear of the US Fed hiking interest rates again. The Fed had on September 26 increased the rates by 25 bps to 2.25 per cent. This was the eighth hike since 2015 when it was at 0.25 per cent since the 2008 crisis.

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