Thu, Nov 21, 2024
Rupee Vs Dollar: The rupee hit a record low against the US dollar in the second half of trading. The domestic currency opened at 84.42 against the US dollar and later plunged to a record low of 84.46 per dollar, marking a significant decline.
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Thu, Oct 10, 2024
Currency Market Update: Rupee depreciated 2 paise to close at 83.98 against the US dollar on Thursday amid sustained foreign fund outflows and elevated crude oil prices. However, a marginal decline in the value of the greenback against overseas currencies, and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit, forex traders said.
Mon, Oct 07, 2024
At the interbank foreign exchange, the rupee opened at 83.96 against the US dollar and touched an intra-day high of 83.95 and a low of 83.99.
Sat, May 27, 2023
The U.S. dollar index , which tracks the currency against six major counterparts, was last down 0.038% on the day at 104.170%.
Thu, May 25, 2023
The dollar index, which tracks the U.S. currency against six major peers, earlier hit 103.91, its highest since March 20. The index last rose 0.319% at 103.86.
Tue, May 23, 2023
The dollar index, which measures the greenback against six other major currencies, was up 0.15% at 103.17, hovering below last week's high of 103.63, a level last seen on March 20.
Sat, May 20, 2023
Several analysts also believe that triggers like foreign investors’ flow, the rupee’s movement against the US dollar, and the brent crude oil trend may also dictate domestic markets next week.
The dollar index fell 0.4% to 103.08, after hitting seven-week peaks the previous session. On the week, the dollar posted a 0.6% gain. The euro rose 0.3% to $1.0806, posting a weekly fall of 0.8%.
Thu, May 18, 2023
Indian equity benchmarks Nifty 50 and Sensex are likely to start Thursday's session in the green tracking largely positive moves across global markets, amid optimism regarding the US debt ceiling talks. Singapore Exchange (SGX) Nifty futures were up 35.5 points or 0.2 per cent at 18,267.5 at the last count, having gained as much as 63 points to 18,295 earlier in the day.
The dollar index, a measure of the greenback's value against six major currencies, climbed as high as 103.12 , its strongest level since late March. It was last up 0.3% at 102.85.
Wed, May 17, 2023
The Indian benchmark indices Nifty and Sensex settled at 18,286.5 and 61,932.5 levels, respectively; each down by over 0.6 per cent on Tuesday.
Tue, May 16, 2023
The Nifty50 and BSE Sensex on Monday rose half a per cent each to end at 18,398 and 62,345 respectively. Most sectors participated in the upmove with realty, FMCG and banking shares being the top gainers.
The dollar index, which measures the greenback's value against six major currencies, fell 0.3% to 102.40. Earlier in the session, the dollar touched a five-week high of 102.75.
Fri, May 12, 2023
The dollar index, which tracks the U.S. currency against six major peers, rose 0.7% to 102.06, its highest showing in more than a week.
Wed, May 10, 2023
The dollar index, which measures the currency against six rivals, pared gains that took it to a nearly one-week high earlier in the session, and was last seen at 101.63 or up 0.2% in afternoon trading.
Thu, May 04, 2023
The Fed did not explicitly commit to ending its hiking cycle, helping to lift the dollar off session lows reached immediately after the central bank released its meeting statement.
Wed, May 03, 2023
The dollar index fell 0.22% to 101.93 after earlier reaching 102.40, the highest since April 11. The euro rose 0.23% against the greenback to $1.1001, after earlier dipping to $1.0940, the lowest since April 21.
Tue, May 02, 2023
BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. The NSE Nifty advanced 149.95 points or 0.84 per cent to finish at 18,065, with 40 of its scrips ending in the green.
Thu, Apr 27, 2023
The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58 and the NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
The dollar index, which measures the currency against six major rivals, fell 0.354% as new orders for key U.S.-manufactured capital goods fell more than expected last month, the Commerce Department said.
Wed, Apr 26, 2023
A weak consumer confidence report and a decline in Federal Reserve manufacturing data further added to the dollar's and yen's safe-haven appeal.
Tue, Apr 25, 2023
US Fed policymakers are widely expected to raise rates by another 25 bps at next week's meeting, but they are seen pausing in June. The rate futures market has also factored in roughly 50 bps of rate cuts by the end of the year.
Sat, Apr 22, 2023
The US dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world's largest economy remained resilient, supporting expectations of another 25-basis-point interest rate hike by the Federal Reserve at next month's policy meeti
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