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Rupee falls 26 paise to 72.76 against US dollar in early trade

Rupee falls 26 paise to 72.76 against US dollar in early trade

Mon, Nov 12, 2018

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses.

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Oil, rupee fail to cheer markets as investors turn wary ahead of polls

Oil, rupee fail to cheer markets as investors turn wary ahead of polls

Fri, Nov 09, 2018

Key equity indices settled lower on Friday despite a sharp rebound in the domestic currency and a decline in global crude oil prices, as investors turned cautious ahead of key state assembly elections this month and the next.

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Impact of currency fall on your investments, home budgets

Impact of currency fall on your investments, home budgets

Thu, Nov 08, 2018

Predicting the market movement in the situation is like crystal ball gazing. History has proven time and again that equity markets will take the investors through a roller coaster ride.

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Rupee recovers 21 paise to 72.91 against US dollar

Rupee recovers 21 paise to 72.91 against US dollar

Tue, Nov 06, 2018

The rupee recovered 21 paise to 72.91 against the US dollar early Tuesday on increased selling by exporters. The dollar's weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said.

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Rated Indian companies, banks can withstand sharp rupee depreciation: S&P

Rated Indian companies, banks can withstand sharp rupee depreciation: S&P

Mon, Nov 05, 2018

S&P Global Ratings Monday said most of its rated Indian companies and banks can withstand the recent sharp depreciation in the rupee, but a deep and sustained decline could squeeze their margins.  

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Indian rupee set to shock further, create more history, of the negative kind

Indian rupee set to shock further, create more history, of the negative kind

Mon, Nov 05, 2018

With global crude prices remaining elevated, the Indian rupee is likely to be under pressure, and may touch the 76 level against the US currency over the next three months, says a report.

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Rupee falls 34 paise against US dollar in early trade today

Rupee falls 34 paise against US dollar in early trade today

Mon, Nov 05, 2018

Indian rupee depreciated 34 paise to 72.79 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows. The Rupee is likely to be under pressure with the elevated global crude prices.

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I'm a big believer in India, weak currency just speed bumps: Tim Cook

I'm a big believer in India, weak currency just speed bumps: Tim Cook

Sat, Nov 03, 2018

The iPhone maker is seeking tax relief and other incentives from the government to begin assembling more handsets in the country and its proposal to set up a manufacturing unit is reportedly being evaluated.

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Rupee vaults 50 paise to 73.45 vs dollar on improving macro sentiment

Rupee vaults 50 paise to 73.45 vs dollar on improving macro sentiment

Thu, Nov 01, 2018

The rupee rallied by 50 paise to close at 73.45 against the US dollar Thursday, posting its biggest single-session spurt in three weeks on increased selling of the greenback by exporters, softening crude oil prices and upbeat economic numbers.

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Rupee fall puts Rs 28,000 crore solar projects at risk: Crisil

Rupee fall puts Rs 28,000 crore solar projects at risk: Crisil

Mon, Oct 29, 2018

Nearly half the solar power capacities under implementation worth Rs 28,000 crore face viability risk with the rupee`s steady fall which has made imported solar modules costlier and hiked the cost of setting up solar plants.

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Rupee vs dollar: Will Indian currency depreciate further? Find out

Rupee vs dollar: Will Indian currency depreciate further? Find out

Mon, Oct 29, 2018

The rising US bond yields have caused huge volatility and ripples across global financial markets leading to outflows from equity and debt markets in the emerging markets.

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Indian rupee may trade at 69.79 in H2 if RBI mops up $30 bn from NRIs

Indian rupee may trade at 69.79 in H2 if RBI mops up $30 bn from NRIs

Thu, Oct 25, 2018

The rupee may average at 69.79 to the dollar in the second half, down 8.3 per cent from the first half if the monetary authority props it up by mobilising at least USD 30 billion from NRIs as it has done in 2013.

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Rupee closes flat at 73.57 against dollar on easing oil prices

Rupee closes flat at 73.57 against dollar on easing oil prices

Tue, Oct 23, 2018

The rupee bounced back from the day's low level to settle almost flat at 73.57 against the US currency Tuesday helped by easing crude oil prices and increased dollar selling by banks and exporters.

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Rupee vs US dollar: Indian currency strengthens by 8 paise to 73.24 in early trade

Rupee vs US dollar: Indian currency strengthens by 8 paise to 73.24 in early trade

Mon, Oct 22, 2018

The Indian rupee strengthened by 8 paise to 73.24 against the dollar in early trade Monday on increased selling of the US currency by exporters and banks amid easing crude prices.

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Indian markets: Next set of drivers for a larger bond rally should come from currency moves.

Indian markets: Next set of drivers for a larger bond rally should come from currency moves.

Mon, Oct 22, 2018

Another volatile week goes by. The major stock indices produced mixed results before the week ended with mild positive for the US stocks but a large negative for the emerging market ones.

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RBI's efforts to stabilise rupee drains $5.14 bn from forex reserve

RBI's efforts to stabilise rupee drains $5.14 bn from forex reserve

Sat, Oct 20, 2018

According to Anindya Banerjee, Deputy Vice President for Currency and Interest Rates with Kotak Securities, the decline in Forex reserves can be attributed to the RBI`s aggressive intervention in the spot market to stem the decline in rupee`s fall.

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Rupee jumps 29 paise against US dollar to 73.32

Rupee jumps 29 paise against US dollar to 73.32

Fri, Oct 19, 2018

The rupee recovered early losses and finally settled 29 paise higher at 73.32 against the US dollar Friday, amid a weakening greenback.

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How many millionaires in India? Desi wealthy club adds 7,300, totalling 3.43 lakh

How many millionaires in India? Desi wealthy club adds 7,300, totalling 3.43 lakh

Thu, Oct 18, 2018

Amidst rising concern over the increasing inequality, the country created a whopping 7,300 more millionaires during the 12 months to mid-2018, taking the total number of dollar-millionaires to 3.43 lakh, who are collectively worth around USD 6 trillion, says a report.

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Indian rupee finally gets some good news, courtesy US

Indian rupee finally gets some good news, courtesy US

Thu, Oct 18, 2018

India for the first time was placed by the US in its currency monitoring list of countries with potentially questionable foreign exchange policies in April along with five other countries - China, Germany, Japan, South Korea and Switzerland.

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Rupee vs dollar: Indian currency falls 13 paise to 73.61 ahead of FOMC minutes

Rupee vs dollar: Indian currency falls 13 paise to 73.61 ahead of FOMC minutes

Wed, Oct 17, 2018

The beleaguered Indian rupee managed to gain during the day against the US dollar but by the close ended up giving up all the gains by falling 13 paise to 73.61 on Wednesday. 

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