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Indian Rupee News
Rupee versus dollar rate: Major factors that can decide INR-USD deviation
Thu, Feb 28, 2019
Crude oil prices, Sino-US trade talks, Lok Sabha election results in India, time taken for achieving normalcy between India and Pakistan are some factors that would decide the fate of Rupee-Dollar deviation.
Rupee opens 10 paise higher against US dollar
Thu, Feb 28, 2019
The rupee fell 17 paise to close at 71.24 against the US dollar Wednesday amid a flare up of tensions between India and Pakistan.
Rupee sheds 33 paise against US dollar in early trade
Tue, Feb 26, 2019
Meanwhile, the benchmark BSE Sensex fell 349.78 points, or 0.97 per cent , to 35,863.60 in opening deals Tuesday.
Rupee gains 16 paise against US dollar in early trade
Mon, Feb 25, 2019
At the interbank forex market, the rupee opened with strength at 71 and advanced further to quote 16 paise higher at 70.98 against the dollar.
Rupee gains 2 paise to 71.22 vs US Dollar
Fri, Feb 22, 2019
Foreign institutional investors (FIIs) net bought equities worth Rs 55 crore Thursday while domestic institutional investors bought shares to the tune of Rs 202 crore, provisional data showed.
Rupee rises 9 paise to 71.02 vs US dollar
Thu, Feb 21, 2019
Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday.
Rupee rises 3 paise to 71.31 vs US dollar
Wed, Feb 20, 2019
Foreign institutional investors (FIIs) remained in sell-off mode, offloading shares worth a net Rs 813.76 crore Tuesday, while domestic institutional investors (DIIs) bought equities to the tune of Rs 1,163.85 crore, provisional data showed.
Rupee gains 26 paise against US dollar in opening trade
Wed, Feb 13, 2019
The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported the rupee's upmove.
Commodities investments offer good return? Details, benefits explained with Warren Buffett's experience
Tue, Feb 12, 2019
Amit Sajeja, Analyst at Motilal Oswal Commodities told Zee Business Online, "It is a misconception that commodities are more risky, commodities are not as volatile as equity derivatives and due to low trade margins of 5 to 10 per cent, it is always a good option to invest in commodities over equity derivatives.
Rupee up by 9 paise against dollar in early trade
Mon, Feb 11, 2019
Forex dealers said weakness in the dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee, but a lower opening of the domestic equity market capped the gains.
RBI Monetary Policy: No rate cut is what Indian Rupee wants from Shaktikanta Das
Thu, Feb 07, 2019
The majority, in a poll of economists, believes a status quo is in the offing for this RBI policy, however, some have pointed out a surprise in the form of rate cut from governor Shaktikanta Das and MPC members.
Budget 2019: What will stir Indian Rupee on the D-Day? Forex investors eye this major reform
Wed, Jan 30, 2019
Currently, Indian Rupee has been trading between 71 - 72 level against US dollar benchmark index at interbank forex market.
Falling rupee attracts NRIs to invest in Indian real estate properties
Tue, Jan 29, 2019
The fact that the rupee value against dollar depreciated in 2018 was a sound reason for NRIs to view Indian real estate more favourably.
Rupee rises 19 paise to 70.98 vs USD in opening trade
Mon, Jan 28, 2019
Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in domestic equity market restricted the uptrend.
Rupee depreciates 26 paise against US dollar in early trade
Mon, Jan 21, 2019
Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.
Rupee slips by 26 paise against US dollar on soaring crude oil prices
Mon, Jan 21, 2019
The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers.
Rupee falls below 71 levels, depriciates by over 10 paise
Tue, Jan 15, 2019
The rupee depreciated by 10 paise and fell below the 71 per dollar mark in opening trade Tuesday amid strengthening greenback, sustained foreign fund outflows and surging crude oil prices.
Indian Rupee to hit all-time low vs US dollar again?
Fri, Jan 11, 2019
Rupee recovered nearly 6% after touching a record low of 74.485 per dollar on October 11, but poll of more than 65 analysts between the period of January 2-8 showed that the rupee will weaken again.
Rupee rebounds 72 paise against US dollar
Thu, Jan 10, 2019
Asked about the future trend that rupee may show in the Forex market Anindya Banerjee, Deputy Vice President, Kotak Securities had told Zee Business Online, "Technically, the Indian currency looks bearish as the government of India is unable to bridge the gap of Rs 20,000 crore that it failed to generate through GST revenue collection."
Rupee rebounds 14 paise against US dollar
Thu, Jan 10, 2019
At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.49, but soon appreciated to 70.32 against the greenback, up 14 paise over its previous closing price.