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INR Vs USD

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.

Currency Market Update: Rupee ends nearly flat at 84.04 vs dollar

Currency Market Update: Rupee ends nearly flat at 84.04 vs dollar

Tue, Oct 15, 2024

Forex traders said the rupee was weighed down by significant foreign fund outflows, a negative trend in domestic equities and the overall strength of the American currency in the overseas market.

Currency update: Rupee rises 4 paise to close at 83.89 against US dollar

Currency update: Rupee rises 4 paise to close at 83.89 against US dollar

Fri, Aug 23, 2024

The Indian rupee strengthened by 4 paise to 83.89 against the US dollar on Friday, supported by weak US dollar, foreign fund inflows, and positive domestic market trends. However, gains were capped by rising crude oil prices.

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Rupee to weaken in near term;to end 2017 at around Rs 66/USD

Rupee to weaken in near term;to end 2017 at around Rs 66/USD

Sun, Jul 09, 2017

The rupee was among the best performing currencies in the world over the past year.

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.

US Fed indicates more rate hikes this year; what this means for Indian rupee

US Fed indicates more rate hikes this year; what this means for Indian rupee

Fri, Jun 16, 2017

US Federal Reserve has hiked its domestic rate for the third time in December posing threat to inflows from FPIs in India and thus opening case for depreciation bias in Indian rupee against dollar.

Rupee jumps 5 paise against dollar to 64.25

Rupee jumps 5 paise against dollar to 64.25

Thu, Jun 15, 2017

Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the US dollar in early session today amid a higher opening of domestic equities.

Demonetisation impact long gone from Indian markets

Demonetisation impact long gone from Indian markets

Fri, Jun 09, 2017

Indian markets faced difficult times due to demonetisation. However, this has been heavily offset by economic reforms taken during the period Dec - till date.

RBI's bi-monthly monetary policy: Instead of a rate cut, analysts expect these changes

RBI's bi-monthly monetary policy: Instead of a rate cut, analysts expect these changes

Wed, Jun 07, 2017

RBI is set to announce second bi-monthly monetary policy statement on June 07.Analysts expects the central bank to once again keep repo rate unchanged but sees changes in its economic stance.

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.

How a stronger Indian Rupee can hamper your career in India's IT sector

How a stronger Indian Rupee can hamper your career in India's IT sector

Fri, May 19, 2017

Samir Tripathi, analyst, ICICI research said, “Overall Rupee trajectory over a one year time frame is expected to be stronger than the one-year forward rates. From medium term perspective, we expect rupee to trade around 65.50 levels by March 2018 – with a variation of around 2%.”

Can Rupee save India from rising wholesale inflation?

Can Rupee save India from rising wholesale inflation?

Tue, Apr 18, 2017

Siddharth Purohit Senior Equity Research Analysts – Banking of Angel Broking said, “We believe a strong rupee should result in lower crude oil prices for Indian basket and that should keep both CPI and WPI under check in the near term.”

Market gives away early gains, Nifty ends below 9,110-mark

Tue, Apr 18, 2017

Here's a live coverage of Sensex, Nifty and stock performance from Zee Business.

RBI Monetary Policy: Status-quo likely but outlook will be key

RBI Monetary Policy: Status-quo likely but outlook will be key

Wed, Apr 05, 2017

A poll was carried out by Zee Business revealed that 80% of the analysts believed RBI to not cut interest rates while the rest saw 0.25% reduction.

How long will the Indian Rupee appreciate for?

How long will the Indian Rupee appreciate for?

Tue, Mar 28, 2017

As per Nirmal Bang Research, RBI intervention is decreasing as forex market turnover has more than trebled in past decade indicating INR to be more market-determined or more sensitive to foreign portfolio flows.

Exporters sit with bated breath as Rupee outshines peer currencies

Exporters sit with bated breath as Rupee outshines peer currencies

Fri, Mar 17, 2017

Vinod Nair, Head Of Research at Geojit Financial Services said, "Risk will emerge if we continue to outperform other EMs in the long-term, whereas this is an intermediary phenomenon led by strong FIIs inflow post the overwhelming state election result which will stabilise in the near-term."

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 down 10 paise at 67.84 vs US dollar in early trade

Rupee down 10 paise at 67.84 vs US dollar in early trade

Tue, Dec 27, 2016

The rupee weakened by 10 paise to 67.84 against the US dollar in early trade today at the Interbank Foreign Exchange on month-end dollar demand from importers amid capital outflows.

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.

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.

Dollar strengthened post Trump's win; Rupee saw median change

Dollar strengthened post Trump's win; Rupee saw median change

Tue, Nov 22, 2016

Today, the rupee opened nearly 5 paise up at 68.11 and closed at 68.22 against dollar.

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.

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