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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 turns flat at 84.42 against US dollar in early trade

Rupee turns flat at 84.42 against US dollar in early trade

Thu, Nov 21, 2024

At the interbank foreign exchange, the rupee opened at 84.41 and slipped further to 84.42 against the greenback, trading at its previous closing level in early deals.

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India, US officials to meet again to discuss tariff related issues

India, US officials to meet again to discuss tariff related issues

Thu, Jun 28, 2018

India is pressing for exemption from high duty imposed by the US on certain steel and aluminium products and resumption of export benefits to certain domestic products under their Generalised System of Preferences (GSP).

Rupee weakest since November 2016 on higher oil prices

Rupee weakest since November 2016 on higher oil prices

Wed, Jun 27, 2018

The rupee weakened to 68.61 to the dollar, its weakest since November 30, 2016, as high oil prices stoked importers to step-up purchase of the greenback.

Rupee outlook: Indian currency may track US dollar index

Rupee outlook: Indian currency may track US dollar index

Mon, Jun 25, 2018

If that’s not enough, we have other things to worry about. Surging global oil prices have already derailed “inflation” expectations in many import-dependent countries. The ongoing OPEC meeting can throw a pointer towards future oil supply, thus providing direction of the global oil price itself. Most of the experts are now hoping to tide over the rest of CY 2018 in a $70-80/ barrel of Brent Crude.

Rupee may hit 70 mark by year-end vs dollar, crosses 67 level

Rupee may hit 70 mark by year-end vs dollar, crosses 67 level

Mon, May 07, 2018

Rupee may remain sticky near resistance of 67 versus dollar.

Sell-off over, value emerging in Indian govt bonds

Sell-off over, value emerging in Indian govt bonds

Tue, Mar 20, 2018

While India's 10-year real yields (3.2 per cent) look high compared to peers across the region and the 2-year/10-year spread (at 71bps) is wide by historical standards, there could be better entry points in the coming months as the market digests increased issuances, DBS observed.

Rupee plunges by 0.24% today against dollar as Trump hints global trade war

Rupee plunges by 0.24% today against dollar as Trump hints global trade war

Mon, Mar 05, 2018

Shrugging off gains in early trade on Monday, the Indian rupees were trading at 65.045 at around 1053 hours against dollar index - lower by 0.156 points or 0.24%.

Indian rupee to dollar: Here is a major mark currency may cross

Indian rupee to dollar: Here is a major mark currency may cross

Mon, Feb 26, 2018

We are in the second month of CY 2018 and it seems 2017 is far away in our memory. The year has already thrown too many variables at us and the resultant volatility in various asset classes have been difficult to fathom.

Rupee breaks below 65 vs dollar, hits 4-month low

Rupee breaks below 65 vs dollar, hits 4-month low

Thu, Feb 22, 2018

The rupee weakened by 29 paise to trade at fresh 4-month low, breaching the 65 level against the US dollar in opening trade after Reserve Bank of India’s (RBI) monetary policy committee (MPC) indicated a series of rate hikes could be in the offing because of rising risks to inflation.

BSE to launch cross-currency derivatives next week

BSE to launch cross-currency derivatives next week

Wed, Feb 21, 2018

Leading stock exchange BSE on Wednesday said it will launch cross-currency derivatives and cross INR options next week, a move that will help increase liquidity in the market.

Sensex bleeds 1,274 points; 5 reasons why Dalal Street on a tear

Sensex bleeds 1,274 points; 5 reasons why Dalal Street on a tear

Tue, Feb 06, 2018

A deep sea of red was all around on Dalal Street on Tuesday as the S&P BSE Sensex cracked over 1200 points, while the broader Nifty50 dipped below 10,300, breaking multiple support zones.

Rupee turns weak, opens lower against dollar

Rupee turns weak, opens lower against dollar

Fri, Dec 22, 2017

The dollar rose against euro, which came under pressure after snap poll results showed that Catalan separatists kept a slim majority in Parliament, an outcome that spells uncertainty for Europe.

Rupee logs a fresh 3 month high at 64 against dollar

Rupee logs a fresh 3 month high at 64 against dollar

Wed, Dec 20, 2017

The rupee firmed up 4 paise to 64 against the dollar today, taking cues from a higher opening in the domestic stock market. The US currency lost muscle even as the Republican tax cut package moved closer to becoming a law.

Sensex jumps 216 points after exit polls give BJP an edge

Sensex jumps 216 points after exit polls give BJP an edge

Fri, Dec 15, 2017

Key indices Sensex and Nifty started the day on a strong footing after the exit polls predicted a clear win for the BJP in these two states, which lifted investor spirits.

Bonds, rupee gain after Gujarat exit poll results

Bonds, rupee gain after Gujarat exit poll results

Fri, Dec 15, 2017

The rupee strengthened while bond yields inched lower on Friday morning after exit polls showed the country`s ruling alliance would win elections in the prime minister`s home state but caution remained ahead of the actual results.

From a note to a coin; One Rupee celebrates a century

From a note to a coin; One Rupee celebrates a century

Thu, Nov 30, 2017

Here are some fun facts about the One Rupee note as it completes a century in India.

Rupee holds up high, surges 16 paise against dollar to 64.89

Rupee holds up high, surges 16 paise against dollar to 64.89

Mon, Oct 30, 2017

The rupee started with a high today strengthening 16 paise to 64.89 against the dollar after the European Central Bank (ECB) said it would soon taper off its monetary stimulus.

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.

Market outlook: Growth data, derivatives expiry to influence Sensex, Nifty

Market outlook: Growth data, derivatives expiry to influence Sensex, Nifty

Sun, Aug 27, 2017

The Ministry of Commerce and Industry will release the Index of ECI (eight core industries) figures for August 2017. This will be followed by the release of the country`s fiscal deficit and quarterly estimates of GDP growth for the first quarter of 2017-18.

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.

Strong rupee helps Indians buy homes in London for cheaper

Strong rupee helps Indians buy homes in London for cheaper

Thu, Aug 17, 2017

Indian luxury home buyers found it cheaper to buy homes in London than the previous year.

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