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Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

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.

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Mon, Oct 21, 2024

The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Thu, Oct 17, 2024

The rupee opened at 84.01 against the greenback at the interbank foreign exchange.

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Positive global cues, bargain hunting lift equities markets

Positive global cues, bargain hunting lift equities markets

Sat, Jan 07, 2017

"Sentiments remained up-beat with Finance Minister Arun Jaitley`s statement that the impact of demonetisation is clearly visible with tax collection figures seeing double-digit growth," Desai explained.

Oil prices edge up on expectations of tightening supplies

Oil prices edge up on expectations of tightening supplies

Wed, Jan 04, 2017

International Brent crude futures were up 32 cents, or 0.6%, at $55.79 a barrel.

Rupee weakens by 15 paise against dollar in early trade

Rupee weakens by 15 paise against dollar in early trade

Wed, Dec 28, 2016

Rupee weakened by another 15 paise to 68.21 against the dollar in early trade at the Interbank Foreign Exchange market on increased month-end demand for the US currency from importers amid sustained foreign fund outflows.

Rupee edges higher by 3 paise against dollar in early trade

Rupee edges higher by 3 paise against dollar in early trade

Mon, Dec 26, 2016

The rupee edged higher by three paise to 67.79 against the dollar at the Interbank Foreign Exchange in early trade on Monday on increased selling of the US currency by banks and exporters.

Rupee recovers by 11 paise against dollar in early trade

Rupee recovers by 11 paise against dollar in early trade

Wed, Dec 21, 2016

The rupee recovered by 11 paise to 67.92 against the US dollar in opening trade on Wednesday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks amidst higher opening in the domestic equity market.

Rupee edges higher by 6 paise against dollar in early trade

Rupee edges higher by 6 paise against dollar in early trade

Tue, Dec 20, 2016

The rupee edged higher by 6 paise to 67.81 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters.

Dollar pulls away from 14-year peak as investors take profits

Dollar pulls away from 14-year peak as investors take profits

Mon, Dec 19, 2016

The dollar edged lower in Asian trading on Monday as some investors took profits after its rise last week to a 14-year peak against a currency basket, though it remained underpinned by expectations of more US interest hikes in the coming year.

Rupee depreciates by 6 paise against dollar in early trade

Rupee depreciates by 6 paise against dollar in early trade

Mon, Dec 19, 2016

Rupee depreciated by 6 paise to 67.82 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to increased demand for the American unit from importers amid foreign fund outflows.

Prospects of rate cut bleak as dollar, crude rise: Assocham

Prospects of rate cut bleak as dollar, crude rise: Assocham

Sun, Dec 18, 2016

Prospects of interest rate cut in near future may be bleak due to factors like continuous pressure on rupee against dollar, firming of the US rates and hardening of crude oil prices, according to a report.

China urges calm on yuan after US rate hike

China urges calm on yuan after US rate hike

Fri, Dec 16, 2016

The mouthpiece of China’s Communist Party said on Friday there was “no need to worry too much” about downward pressure on the yuan as the currency wallows at more than eight-year lows against the dollar.

Rupee edges higher by 2 paise against dollar in early trade

Rupee edges higher by 2 paise against dollar in early trade

Fri, Dec 16, 2016

The rupee edged higher by 2 paise to 67.81 against the US dollar in early trade on Friday at the Inter-bank Foreign Exchange on fresh selling of the US currency by exporters.

Asia struggles for traction, dollar near 14-year peak on Fed rally

Asia struggles for traction, dollar near 14-year peak on Fed rally

Fri, Dec 16, 2016

The dollar on Friday stood near a 14-year peak, bond yields were highly elevated and Asian stocks struggled for traction as global markets continued adjusting to the idea of higher US interest rates.

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

Mon, Dec 12, 2016

Oil prices jumped more than 5% on Monday after OPEC and non-OPEC producers agreed to curb oil output and ease a global glut, while the US dollar extended gains ahead of an expected rate hike this week.

Asian shares edge up as markets look to ECB after Italian vote

Asian shares edge up as markets look to ECB after Italian vote

Wed, Dec 07, 2016

Asian shares edged up on Wednesday as investors covered short positions in European equities as they pondered the ramifications of Italy`s referendum and looked to the upcoming policy meeting of the European Central Bank (ECB).

China November data to show steady growth, but yuan, capital controls a worry: Reuters poll

China November data to show steady growth, but yuan, capital controls a worry: Reuters poll

Tue, Dec 06, 2016

A flood of data from China in coming weeks is expected to show the economy continued to grow at a steady pace in November, with inflation quickening and credit expanding at a faster pace despite concerns about rising debt, a Reuters poll showed.

Rupee strengthens by 16 paise against dollar in early trade

Rupee strengthens by 16 paise against dollar in early trade

Tue, Dec 06, 2016

The rupee strengthened by 16 paise to 68.05 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

Oil, dollar and bond yields sharply higher after OPEC deal

Oil, dollar and bond yields sharply higher after OPEC deal

Thu, Dec 01, 2016

The Organization of the Petroleum Exporting Countries on Wednesday agreed to its first output cut since 2008, with Saudi Arabia accepting "a big hit" on its production. Non-OPEC Russia will also join output reductions for the first time in 15 years to help OPEC prop up oil prices.

Rupee gains 9 paise against dollar in early trade

Rupee gains 9 paise against dollar in early trade

Wed, Nov 30, 2016

The rupee firmed up 9 paise to 68.56 against the dollar in early trade on Wednesday, rising for the second straight day on increased selling of the US currency by exporters and banks.

Asia stocks edge up on US growth data cues; dollar steady

Asia stocks edge up on US growth data cues; dollar steady

Wed, Nov 30, 2016

Asian stocks edged higher on Wednesday reflecting upbeat US growth news while oil steadied after a sharp drop overnight as Organisation of Petroleum Exporting Countries (OPEC) struggled to agree on a glut-draining production cut.

Rupee edges higher by 5 paise against dollar in early trade

Rupee edges higher by 5 paise against dollar in early trade

Tue, Nov 29, 2016

The rupee edged higher by 5 paise to 68.71 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters and banks.

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