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Rupee rises by 7 paise to 83.82 against US dollar in early trade

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Fri, Aug 30, 2024

Rupee appreciated 7 paise to 83.82 against the US dollar in morning trade on Friday, supported by significant foreign fund inflows and a positive trend in domestic equities.Forex traders said a rise in global risk sentiments supported the rupee, while recovery in the US dollar and month-end dollar demand from importers and oil marketing companies (OMCs) weighed on investor sentiments.At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 paise from its previous close.

Rupee falls 3 paise to close at 83.96 against US dollar

Rupee falls 3 paise to close at 83.96 against US dollar

Wed, Aug 28, 2024

The Indian rupee depreciated by 3 paise to close at 83.96 against the US dollar on Wednesday, amid strong dollar demand from importers, especially oil companies. Despite this, a positive trend in domestic equities, foreign fund inflows, and a decline in crude oil prices provided some support.

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Wed, Aug 28, 2024

The rupee depreciated by 2 paise to 83.95 against the US dollar, influenced by a muted trend in domestic equities. Despite the dip, the rupee's downside appears well-contained, supported by anticipated RBI intervention.

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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 climbs 11 paise against the dollar with Indian markets opening higher

Rupee climbs 11 paise against the dollar with Indian markets opening higher

Tue, Jun 27, 2017

Rupee rises to Rs 64.41 against the dollar due to support from foreign capital inflows and a higher opening of the domestic equities.

Rupee slides 15 paise against dollar on lower opening of Indian markets

Rupee slides 15 paise against dollar on lower opening of Indian markets

Wed, Jun 21, 2017

There was increased demand for the US currency from importers and banks meant there was sustained foreign capital outflows.

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 falls 6 paise against dollar in early trade

Rupee falls 6 paise against dollar in early trade

Thu, Jun 08, 2017

Key highlights:

Rupee, Credit profile of steel, infrastructure & telecom to impact India Inc in FY18

Thu, Jun 01, 2017

Due to their low in ability of refinancing credit, sectors like telecom, steel and infrastructure will remain under-pressure even in FY18. Rupee appreciation will be another factor that will haunt steel and infrastructure sector.

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Mon, Mar 27, 2017

The rupee hit a nearly 1-1/2 year high against the dollar on Monday, tracking gains in Asian currencies after U.S. President Donald Trump`s failure to pass a healthcare reform bill raised concerns about the chances of a U.S. fiscal stimulus.

Rupee gains 28 paise against dollar in early trade

Rupee gains 28 paise against dollar in early trade

Mon, Mar 27, 2017

Dealers said increased selling of the American unit by exporters and banks, and the dollar's weakness against other currencies overseas amid increased skepticism of US President Donald Trump?s ability to implement his economic agenda after last week?s failed US healthcare deal supported the rupee.

Rupee weakens more, loses 12 paise against dollar

Rupee weakens more, loses 12 paise against dollar

Thu, Mar 09, 2017

The rupee today lost 12 paise to 66.83 as the dollar remained in the driver's seat on the growing buzz that the US interest rate is set to go up.

Rupee falls 16 paise against dollar

Rupee falls 16 paise against dollar

Fri, Jan 27, 2017

Rupee weakened by 16 paise to 68.23 against the dollar in early trade today, halting its two-day rising streak following month-end demand from importers and banks for the American currency which strengthened overseas.

Rupee gains 7 paise against dollar in early trade

Rupee gains 7 paise against dollar in early trade

Thu, Dec 22, 2016

Meanwhile, the benchmark BSE Sensex climbed 70.93 points, or 0.27 per cent, to 26,170.45 in morning trade.

Foreigners can change forex for Indian currency up to Rs 5,000 till Dec 15: RBI

Foreigners can change forex for Indian currency up to Rs 5,000 till Dec 15: RBI

Sat, Nov 26, 2016

Foreign citizens can exchange foreign currency for Indian notes up to a limit of Rs 5,000 per week till December 15, the Reserve Bank of India (RBI) said on Friday.

Rupee near record low, at 68.79 to a dollar

Rupee near record low, at 68.79 to a dollar

Thu, Nov 24, 2016

During opening trade, INR fell 0.3% and was trading at 66.7950 to a dollar. Bloomberg data show that this is the lowest point in three years for the rupee.

Gold slips as dollar climbs to 14-year high

Gold slips as dollar climbs to 14-year high

Thu, Nov 17, 2016

Major banks and investors have begun to debate the possibility of another move towards parity between the dollar and the euro, as the U.S. currency benefited from expectations of an inflationary push from the incoming Trump administration.

Rupee runs higher by 12 paise against dollar

Rupee runs higher by 12 paise against dollar

Tue, Oct 18, 2016

According to dealers, weakness in the dollar against other currencies overseas on unexpected fall in a US manufacturing index made the rupee stronger.

Key Indian equity indices open flat

Key Indian equity indices open flat

Mon, Oct 17, 2016

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 19 points or 0.22 per cent higher at 8,602.40 points.

Pound slumps to 31-year low versus dollar

Pound slumps to 31-year low versus dollar

Tue, Oct 04, 2016

"It seems that it is going to be hard to provide a tourniquet for sterling`s recent wounds given the solidity of the newly announced Brexit timeline," said Connor Campbell, analyst at traders Spreadex.

Forex reserves up $ 1 billion, at record high of $ 367 billion

Forex reserves up $ 1 billion, at record high of $ 367 billion

Fri, Aug 26, 2016

The country's foreign exchange reserves increased by a healthy $ 1.346 billion to touch a record high of $ 367.169 billion in the week to August 19 mainly due to a rise in foreign currency assets (FCAs). Last week, the reserves had shot up by $ 73.2 million to $ 365.822 billion.

Rupee slips 18 paise vs USD in early trade

Rupee slips 18 paise vs USD in early trade

Thu, Aug 11, 2016

The rupee had ended higher by 12 paise at 66.72 against the US currency in yesterday's trade on dollar selling by banks and exporters on the back of persistent foreign capital inflows.

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