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Indian Rupee

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.

Understanding the Rupee's Woes: What’s Causing the Downturn?

Understanding the Rupee's Woes: What’s Causing the Downturn?

Thu, Aug 22, 2024

Why is the rupee not able to recover? No support even from fall in dollar index. What is the reason for the fall in rupee?

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Wed, Aug 07, 2024

On Wednesday, the Indian rupee closed lower by 4 paise at 83.96 against the US dollar, impacted by a stronger greenback and Middle East tensions. Despite this, domestic market strength and rising crude oil prices provided some support. The rupee traded within a narrow range, while global equities and anticipated RBI policy decisions could influence future movements. The dollar index rose, and Brent crude saw a 1.22% increase

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Rupee sheds 33 paise against US dollar in early trade

Rupee sheds 33 paise against US dollar in early trade

Tue, Feb 26, 2019

Meanwhile, the benchmark BSE Sensex fell 349.78 points, or 0.97 per cent , to 35,863.60 in opening deals Tuesday.

Rupee gains 16 paise against US dollar in early trade

Rupee gains 16 paise against US dollar in early trade

Mon, Feb 25, 2019

At the interbank forex market, the rupee opened with strength at 71 and advanced further to quote 16 paise higher at 70.98 against the dollar.

Rupee gains 2 paise to 71.22 vs US Dollar

Rupee gains 2 paise to 71.22 vs US Dollar

Fri, Feb 22, 2019

Foreign institutional investors (FIIs) net bought equities worth Rs 55 crore Thursday while domestic institutional investors bought shares to the tune of Rs 202 crore, provisional data showed.

Rupee rises 9 paise to 71.02 vs US dollar

Rupee rises 9 paise to 71.02 vs US dollar

Thu, Feb 21, 2019

Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday.

Rupee rises 3 paise to 71.31 vs US dollar

Rupee rises 3 paise to 71.31 vs US dollar

Wed, Feb 20, 2019

Foreign institutional investors (FIIs) remained in sell-off mode, offloading shares worth a net Rs 813.76 crore Tuesday, while domestic institutional investors (DIIs) bought equities to the tune of Rs 1,163.85 crore, provisional data showed.

Rupee gains 26 paise against US dollar in opening trade

Rupee gains 26 paise against US dollar in opening trade

Wed, Feb 13, 2019

The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported the rupee's upmove.

Commodities investments offer good return? Details, benefits explained with Warren Buffett's experience

Commodities investments offer good return? Details, benefits explained with Warren Buffett's experience

Tue, Feb 12, 2019

Amit Sajeja, Analyst at Motilal Oswal Commodities told Zee Business Online, "It is a misconception that commodities are more risky, commodities are not as volatile as equity derivatives and due to low trade margins of 5 to 10 per cent, it is always a good option to invest in commodities over equity derivatives.

Rupee up by 9 paise against dollar in early trade

Rupee up by 9 paise against dollar in early trade

Mon, Feb 11, 2019

Forex dealers said weakness in the dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee, but a lower opening of the domestic equity market capped the gains.

RBI Monetary Policy: No rate cut is what Indian Rupee wants from Shaktikanta Das

RBI Monetary Policy: No rate cut is what Indian Rupee wants from Shaktikanta Das

Thu, Feb 07, 2019

The majority, in a poll of economists, believes a status quo is in the offing for this RBI policy, however, some have pointed out a surprise in the form of rate cut from governor Shaktikanta Das and MPC members.

Budget 2019: What will stir Indian Rupee on the D-Day? Forex investors eye this major reform

Budget 2019: What will stir Indian Rupee on the D-Day? Forex investors eye this major reform

Wed, Jan 30, 2019

Currently, Indian Rupee has been trading between 71 - 72 level against US dollar benchmark index at interbank forex market.

Falling rupee attracts NRIs to invest in Indian real estate properties

Falling rupee attracts NRIs to invest in Indian real estate properties

Tue, Jan 29, 2019

The fact that the rupee value against dollar depreciated in 2018 was a sound reason for NRIs to view Indian real estate more favourably.

Rupee rises 19 paise to 70.98 vs USD in opening trade

Rupee rises 19 paise to 70.98 vs USD in opening trade

Mon, Jan 28, 2019

Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in domestic equity market restricted the uptrend.

Rupee depreciates 26 paise against US dollar in early trade

Rupee depreciates 26 paise against US dollar in early trade

Mon, Jan 21, 2019

Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.

Rupee slips by 26 paise against US dollar on soaring crude oil prices

Rupee slips by 26 paise against US dollar on soaring crude oil prices

Mon, Jan 21, 2019

The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers.

Rupee falls below 71 levels, depriciates by over 10 paise

Rupee falls below 71 levels, depriciates by over 10 paise

Tue, Jan 15, 2019

The rupee depreciated by 10 paise and fell below the 71 per dollar mark in opening trade Tuesday amid strengthening greenback, sustained foreign fund outflows and surging crude oil prices.

Indian Rupee to hit all-time low vs US dollar again?

Indian Rupee to hit all-time low vs US dollar again?

Fri, Jan 11, 2019

Rupee recovered nearly 6% after touching a record low of 74.485 per dollar on October 11, but poll of more than 65 analysts between the period of January 2-8 showed that the rupee will weaken again.

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 expected to weaken further, may touch 72 per Dollar levels

Rupee expected to weaken further, may touch 72 per Dollar levels

Wed, Jan 09, 2019

Asked about the future trend that rupee may show in the Forex market Anindya Banerjee, Deputy Vice President, Kotak Securities 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 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".

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