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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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Gold rises from multi-month lows as US dollar weakens

Gold rises from multi-month lows as US dollar weakens

Mon, Nov 28, 2016

Gold rose over 1% on Monday, recovering from a nine-and-a-half-month low in the previous session, as the US dollar extended losses after touching a 14-year highs touched last week.

Zimbabwe rolls out 'surrogate' dollars amid unease

Zimbabwe rolls out 'surrogate' dollars amid unease

Mon, Nov 28, 2016

Zimbabwe on Monday starts issuing "bond notes", its own currency equivalent to the US dollar in a bid to ease critical cash shortages amid widespread fears of a return to hyperinflation.

Rupee weakens by 11 paise against dollar in early trade

Rupee weakens by 11 paise against dollar in early trade

Mon, Nov 28, 2016

The rupee weakened by 11 paise to 68.57 against the dollar in early trade on Monday at the Interbank Foreign Exchange market on month-end demand for the American currency from importers.

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Fri, Nov 25, 2016

The rupee strengthened further from early gains by 30 paise to 68.43 against the American currency in late morning deals in sustained bouts of dollar selling from banks and exporters amid higher domestic equites.

Indian Rupee's tumble not surprising, says Sue Trinh

Indian Rupee's tumble not surprising, says Sue Trinh

Thu, Nov 24, 2016

While another Sue Trinh, head of Asia FX strategy at RBC Capital Markets was quoted by Bloomberg as saying that INR tumble is unsurprising and is not a sign of panic as losses are due largely to stronger dollar.

Donald Trump effect hits Mexico's growth forecast

Donald Trump effect hits Mexico's growth forecast

Thu, Nov 24, 2016

The Mexican central bank slashed the country's economic growth forecast on Wednesday, citing concerns that US President-elect Donald Trump will make good on his pledge to upend regional trade.

Asia stocks at 1-week highs on U.S. gains; oil up

Asia stocks at 1-week highs on U.S. gains; oil up

Tue, Nov 22, 2016

Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street closed at a record peak they were also wary of chasing prices higher until President-elect Donald Trump picks his economic team.

China weakens yuan-dollar rate beyond landmark 6.8 level

China weakens yuan-dollar rate beyond landmark 6.8 level

Fri, Nov 11, 2016

China weakened the yuan`s reference rate to beyond 6.8 to the dollar for the first time in more than six years on Friday as the greenback rebounded strongly, with analysts warning the unit could drop further.

Rupee hits new 2-month high of 66.34 against dollar

Rupee hits new 2-month high of 66.34 against dollar

Thu, Nov 10, 2016

The rupee strengthened by 9 paise to quote at fresh two-month high of 66.34 against the US dollar in early trade on Thursday on an increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market.

Asia shares rebound as Donald Trump turnaround 'astonishes'

Asia shares rebound as Donald Trump turnaround 'astonishes'

Thu, Nov 10, 2016

Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump`s presidential victory, dumping safe-havens for the tempting returns of risk assets.

Dollar, Mexican peso, stocks sink as Donald Trump edges ahead

Dollar, Mexican peso, stocks sink as Donald Trump edges ahead

Wed, Nov 09, 2016

The US dollar sank and stock markets slammed into reverse in wild Asian trade on Wednesday as every new exit poll in the US presidential election showed the race to be a nail-biter, sending investors stampeding to safe-haven assets.

Asian shares, dollar ride high as Hillary Clinton looks more likely to win election

Asian shares, dollar ride high as Hillary Clinton looks more likely to win election

Tue, Nov 08, 2016

Asian shares rose in early Asian trade on Tuesday ahead of the US presidential election, with investor sentiment buoyed by improving prospects for Democrat Hillary Clinton to win.

Rupee recovers 3 paise against dollar in early trade

Rupee recovers 3 paise against dollar in early trade

Fri, Nov 04, 2016

The rupee recovered by three paise to 66.72 against the US dollar in early trade on Friday on mild selling of the US currency by exporters.

Asian shares slip, dollar nurses losses as US election looms

Asian shares slip, dollar nurses losses as US election looms

Fri, Nov 04, 2016

Asian shares slipped on Friday and the dollar nursed losses in a week marked by growing uncertainty about the outcome of the US presidential election.

Asia stocks, dollar wrestle with US election risk

Asia stocks, dollar wrestle with US election risk

Thu, Nov 03, 2016

Asia shares joined the US dollar on the defensive on Thursday as the nail-biting US presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbours.

Gold hits 1-month high as investors worry over US election

Gold hits 1-month high as investors worry over US election

Wed, Nov 02, 2016

Gold hit a one-month high on Wednesday as investors grew more concerned over the global economic outlook and started looking for safe-haven assets on signs the US presidential election race was tightening.

Rupee makes a weak start, slips 9 paise against dollar

Rupee makes a weak start, slips 9 paise against dollar

Wed, Nov 02, 2016

The rupee on Wednesday got off to a bumpy start as it depreciated 9 paise to 66.80 against the US dollar after demand for the American currency from importers went up. Forex dealers said fresh demand for the US unit and a weak opening of the domestic equity market weighed on the rupee.

Asian shares, dollar rattled by US election uncertainty

Asian shares, dollar rattled by US election uncertainty

Wed, Nov 02, 2016

Asian shares stumbled and the US dollar was on the defensive on Wednesday as signs that Republican US presidential candidate Donald Trump could be closing the gap with his Democratic rival Hillary Clinton spooked investors.

Govt hikes import tariff value on gold, silver

Govt hikes import tariff value on gold, silver

Tue, Nov 01, 2016

The government on Monday hiked import tariff value on gold and silver marginally to $414 per 10 grams and $577 per kg, respectively, taking into account global trends.

Rupee falls further by 13 paise against dollar in early trade

Rupee falls further by 13 paise against dollar in early trade

Fri, Oct 21, 2016

The rupee fell further by 13 paise to 66.94 against the dollar in early trade on Firday at the Interbank Foreign Exchange market on increased demand for the American currency from importers.

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