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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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Asian markets shrugged off sluggishness after US Senate passes budget plan

Asian markets shrugged off sluggishness after US Senate passes budget plan

Fri, Oct 20, 2017

The Republican-controlled Senate voted for the budget measure late on Thursday, which would add up to $1.5 trillion to the federal deficit over the next decade in order to pay for proposed tax cuts.

Asian markets still weak as tensions over North Korea remain elevated

Asian markets still weak as tensions over North Korea remain elevated

Wed, Sep 27, 2017

Asian stocks hovered near multi-week lows as tensions in the Korean peninsula remain elevated. The dollar climbed to a one-month high and bond yields rose on Wednesday as risks grew for a US interest rate hike in December

Rupee losses against dollar swell, down 18 paise at 65.28

Rupee losses against dollar swell, down 18 paise at 65.28

Tue, Sep 26, 2017

A firm dollar, dealers said, against global currencies overseas and domestic equities hitting a soft patch in early trade weighed.

Asia stocks edge lower, focus turns to China markets after ratings cut

Asia stocks edge lower, focus turns to China markets after ratings cut

Fri, Sep 22, 2017

The dollar was steady at 112.445 yen and on track to end 1.4 percent higher on the week, during which it brushed a two-month high of 112.725 as U.S. yields spiked on the back of the Fed`s hawkish stance.

Asian markets open steady after Wall Street notches record highs

Asian markets open steady after Wall Street notches record highs

Wed, Sep 20, 2017

Key highlights:

Asian markets hit decade high, dollar firm before US Fed meeting

Asian markets hit decade high, dollar firm before US Fed meeting

Mon, Sep 18, 2017

Some details of Trump's tax plans may also emerge this week, while elections in Germany and New Zealand will add extra political uncertainty to the mix.

Wall Street's record lifts asian markets to 10-year high

Wall Street's record lifts asian markets to 10-year high

Wed, Sep 13, 2017

Gains were kept in check, however, by a decline in shares of Apple Inc after it unveiled its newest line of iPhones.

Asia stocks down, dollar on defensive, gripped by risk aversion

Asia stocks down, dollar on defensive, gripped by risk aversion

Wed, Sep 06, 2017

Asian stocks tracked Wall Street`s slide overnight to slip on Wednesday while the dollar was on the defensive with tensions in the Korean Peninsula showing little signs of abating.

Global stocks tumble, yen gains after North Korea fires missile over Japan

Global stocks tumble, yen gains after North Korea fires missile over Japan

Tue, Aug 29, 2017

North Korea has conducted dozens of ballistic missile tests under young leader Kim Jong-Un, the most recent on Saturday, but firing projectiles over mainland Japan is rare.

Rupee stretches gains, up 5 paise at 64.05

Rupee stretches gains, up 5 paise at 64.05

Wed, Aug 23, 2017

The rupee firmed up by 5 paise to 64.05 against the US dollar in early trade today on sustained selling of the American currency by banks and exporters.

Asian shares edge up, bolstered by modest gains on Wall Street

Asian shares edge up, bolstered by modest gains on Wall Street

Tue, Aug 22, 2017

On Wall Street on Monday, the Dow Jones Industrial Average and the S&P 500 marked modest gains, though the Nasdaq Composite edged down slightly

US Federal Reserve minutes in view, stocks shift higher

US Federal Reserve minutes in view, stocks shift higher

Wed, Jul 05, 2017

Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve`s last meeting.

Rupee spurts 10 paise against dollar, equities support

Rupee spurts 10 paise against dollar, equities support

Thu, Jun 29, 2017

The rupee made a positive start today by firming up 10 paise to 64.45 against the dollar, with domestic equities playing along. According to forex dealers, fresh selling of the American currency by exporters and banks caused by its weakness overseas gave the rupee strength.

Rupee falls 6 paise to 64.59 against US dollar

Rupee falls 6 paise to 64.59 against US dollar

Wed, Jun 28, 2017

Increased demand for the American currency from importers and banks kept the dollar in fine shape.

Rupee edges up 3 paise against dollar in early trade

Rupee edges up 3 paise against dollar in early trade

Fri, Jun 23, 2017

The rupee opened on a positive note in the early morning trade on Friday whereby it edged up three paise against the US dollar following fresh selling of the American currency by banks and exporters.

Rupee rises 11 paise against dollar as Indian markets open higher

Rupee rises 11 paise against dollar as Indian markets open higher

Mon, Jun 19, 2017

The rupee gained to the dollar as selling of the US currency by exporters and banks increased and the Indian markets opening higher.

Rupee trades at two-week low; opens 15 paise lower against dollar

Rupee trades at two-week low; opens 15 paise lower against dollar

Fri, Jun 16, 2017

Frest US economic data was positive as it gave investors hope that the Federal Reserve will stick to its plan to hike rates.

Rupee gets UK poll blues, sheds 15 paise against dollar in early trade

Rupee gets UK poll blues, sheds 15 paise against dollar in early trade

Mon, Jun 12, 2017

The rupee has depreciated by 15 paise to 64.39 against the US dollar in early trade on Monday ahead of the government's release of IIP and Inflation data later in the day.

Asia stocks dip, dollar buoyant as Fed comes into view

Asia stocks dip, dollar buoyant as Fed comes into view

Mon, Jun 12, 2017

A rate hike accompanied by a message suggesting that the Fed may raise rates more than expected in 2017 would support the dollar but be negative for equity markets.

Rupee dips further by 8 paise against dollar ahead of RBI policy

Rupee dips further by 8 paise against dollar ahead of RBI policy

Wed, Jun 07, 2017

The rupee was trading lower by eight paise against the US dollar to 64.51 in early trade on Wednesday ahead of the outcome of the Reserve Bank of India's (RBI) bi-monthly policy meet scheduled later in the day.

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