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US dollar edges up as traders await Fed announcement
Wed, Jul 29, 2020
The US dollar rose modestly in late trading on Tuesday as market participants eyed a key policy meeting of the Federal Reserve.
Global boost: Higher reserves, rising inflows to strengthen rupee
Sun, Jul 26, 2020
Rising foreign reserves along with healthy Foreign Direct Investment (FDI) inflows are expected to strengthen the Indian rupee in the immediate-to-short run.
India's forex reserves rise by over $1.2 billion
Sat, Jul 25, 2020
According to the Reserve Bank of India`s weekly statistical supplement, the reserves grew to $517.637 billion from $516.362 billion reported for the week ended July 10.
FDI boost: Rupee to gain strength via inflows
Sun, Jul 19, 2020
The Indian rupee is expected to strengthen as healthy FDI inflows along with FII funds pour into the country.
US dollar climbs amid economic data
Fri, Jul 17, 2020
The US dollar climbed in late trading on Thursday as market participants pored through a slew of newly-released data.
US dollar dips amid Coronavirus uncertainty
Thu, Jul 16, 2020
The US dollar weakened in late trading on Wednesday as appetite for the currency diminished amid a continued spike in coronavirus infections across the United States.
Rupee settles 11 paise lower at 75.47 against US dollar
Wed, Jun 03, 2020
Forex traders said positive domestic equities, sustained foreign fund flows, revival of business activities and weak US dollar supported the local unit, but there are still a slew of risks, including US-China trade tiff and concerns that it may jeopardise the Phase-1 deal.
Rupee closes down by 9p at 75.72 against dollar on growth concerns
Wed, May 06, 2020
The IHS Markit India Services Business Activity Index stood at 5.4 in April, a steep decline from 49.3 in March, and indicative of the most severe contraction in services output since records began in December 2005.
Rupee against US dollar: INR rises 41 paise to 76.05 in early trade
Mon, Apr 27, 2020
"A positive start to the Asian equity markets could also support domestic equity markets and could lend support to local currency markets. Asian equities started with marginal gains on Monday morning ahead of busy week on the data front and central bank meetings," Reliance Securities said in a research note.
Rupee vs dollar today: INR slips 14 paise lower at 76.53 against USD
Mon, Apr 20, 2020
Forex traders said a firm US dollar weighed on the local unit. Besides, investor sentiment remain fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.
Rupee vs dollar today: INR slips 36 paise to all-time low of 76.80 against US dollar
Thu, Apr 16, 2020
Forex traders said the weakness in the rupee was largely due to strengthening of the US Dollar against the basket of currencies as investors fled to safe haven Greenback amid weakening risk appetite in the markets.
Rupee today: INR rises 25 paise to 76.02 against US dollar in early trade
Wed, Apr 15, 2020
The number of positive cases around the world linked to the new coronavirus has touched nearly 20 lakh. In India, over 11,000 coronavirus cases have been reported so far.
Rupee vs dollar today: INR surges 49 paise to 75.64 against the US dollar; Gold hits new record
Tue, Apr 07, 2020
Today the Indian indices responded positively logging around 9% rise in the intraday trade session. BSE Sensex surged 2,476 points and closed at 30,067 levels while the NSE Nifty shot up 708 points and ended at 8,792 levels.
Rupee slips 48 paise to 76.08 against US dollar in early trade amid coronavirus scare
Fri, Apr 03, 2020
According to Reliance Securities "rising coronavirus cases in India and globally could also weigh on sentiments as investors could continue to buy the safe haven Dollars".
Rupee against dollar: Indian currency rises 8 paise to 75.51 in early trade
Tue, Mar 31, 2020
At the interbank foreign exchange the rupee opened at 75.52, then gained ground and touched 75.51, registering a rise of 8 paise over its previous close. On Monday, rupee had settled at 75.59 against the US dollar.
Rupee vs dollar in times of coronavirus: INR slips 32 paise to 75.21 amid scare
Mon, Mar 30, 2020
The rupee opened weak at 75.17 at the interbank forex market and then fell further to 75.21, down 32 paise over its last close. The rupee had settled at 74.89 against the US dollar on Friday.
Rupee in times of coronavirus mahamari: INR rises 56 paise against US dollar to 74.60 in early trade
Fri, Mar 27, 2020
The assurance of domestic stimulus by the government boosted investor sentiment. However, there are concerns over the impact of coronavirus outbreak on the domestic as well as global economy.
Rupee rises 18 paise to 76.02 against US dollar in early trade
Tue, Mar 24, 2020
Traders said investor sentiments improved after the Reserve Bank as part of its effort to boost liquidity on Monday said it will conduct Rs 1 lakh crore of short-term variable repo auction.
Rupee vs dollar: INR tanks 95 paise, falls below 76 level against US dollar
Mon, Mar 23, 2020
The rupee which opened on a weak note at 75.90 at the interbank forex market, lost further ground and touched a low of 76.15 against the US dollar, registering a decline of over 95 paise over its last close.
Cash is king! Dollar surges and everything else blown away
Thu, Mar 19, 2020
Nearly every stock market in Asia was down and circuit breakers were hit in Seoul, Jakarta and Manila. Traders reported huge strains in bond markets as distressed funds sold any liquid asset to cover losses in stocks and redemptions from investors.