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Indian Rupee

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Fri, Aug 30, 2024

Rupee appreciated 7 paise to 83.82 against the US dollar in morning trade on Friday, supported by significant foreign fund inflows and a positive trend in domestic equities.Forex traders said a rise in global risk sentiments supported the rupee, while recovery in the US dollar and month-end dollar demand from importers and oil marketing companies (OMCs) weighed on investor sentiments.At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 paise from its previous close.

Understanding the Rupee's Woes: What’s Causing the Downturn?

Understanding the Rupee's Woes: What’s Causing the Downturn?

Thu, Aug 22, 2024

Why is the rupee not able to recover? No support even from fall in dollar index. What is the reason for the fall in rupee?

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Wed, Aug 07, 2024

On Wednesday, the Indian rupee closed lower by 4 paise at 83.96 against the US dollar, impacted by a stronger greenback and Middle East tensions. Despite this, domestic market strength and rising crude oil prices provided some support. The rupee traded within a narrow range, while global equities and anticipated RBI policy decisions could influence future movements. The dollar index rose, and Brent crude saw a 1.22% increase

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₹ trades at two-week low; opens 13 paise lower against $

₹ trades at two-week low; opens 13 paise lower against $

Fri, Jun 16, 2017

First Trade : Watch this segment to know all the share market news. Updates on international market, Nifty and Sensex trading. Watch full video to know more! About Zee Business --------------------------

Rupee gets UK poll blues, sheds 15 paise against dollar in early trade

Rupee gets UK poll blues, sheds 15 paise against dollar in early trade

Mon, Jun 12, 2017

The rupee has depreciated by 15 paise to 64.39 against the US dollar in early trade on Monday ahead of the government's release of IIP and Inflation data later in the day.

Demonetisation impact long gone from Indian markets

Demonetisation impact long gone from Indian markets

Fri, Jun 09, 2017

Indian markets faced difficult times due to demonetisation. However, this has been heavily offset by economic reforms taken during the period Dec - till date.

Rupee falls 6 paise against dollar in early trade

Rupee falls 6 paise against dollar in early trade

Thu, Jun 08, 2017

Key highlights:

Rupee dips further by 8 paise against dollar ahead of RBI policy

Rupee dips further by 8 paise against dollar ahead of RBI policy

Wed, Jun 07, 2017

The rupee was trading lower by eight paise against the US dollar to 64.51 in early trade on Wednesday ahead of the outcome of the Reserve Bank of India's (RBI) bi-monthly policy meet scheduled later in the day.

Rupee strengthens by 4 paise against dollar in early trade

Rupee strengthens by 4 paise against dollar in early trade

Tue, Jun 06, 2017

The Indian rupee has strengthened by four paise against the US dollar to 64.32 in the early trade on Tuesday on back of sustained selling of the dollar by banks and exporters.

Rupee strengthens by 14 paise against dollar in early trade

Rupee strengthens by 14 paise against dollar in early trade

Fri, Jun 02, 2017

The rupee strengthened by 14 paise to 64.34 against the US dollar in early trade on Friday on back of sustained selling of the American currency by banks and exporters.

Rupee gains 8 paise against dollar in early trade

Rupee gains 8 paise against dollar in early trade

Thu, Jun 01, 2017

The rupee gained another 8 paise to 64.43 against the US dollar on Thursday on account of increase in selling of the dollar by exporters and banks.

Rupee recovers 13 paise against dollar in early trade

Rupee recovers 13 paise against dollar in early trade

Wed, May 31, 2017

A day after losing 16 paise against the American currency, the rupee recovered by 13 paise to 64.53 against the US dollar in early trade on Wednesday on account of fresh selling of the dollar by banks and exporters.

Rupee weakens by 16 paise against dollar in early trade

Rupee weakens by 16 paise against dollar in early trade

Tue, May 30, 2017

The Indian rupee weakened by 16 paise to 64.66 against the US dollar in early trade on Tuesday following increased demand for the American currency from importers and banks.

Rupee likely to trade in narrow range of 64.10 to 64.80 this week

Rupee likely to trade in narrow range of 64.10 to 64.80 this week

Sun, May 28, 2017

According to experts, the rupee is likely to move in a narrow range of 64.10-64.80 versus the dollar this week on expectation of sustained foreign institutional investor (FII) inflows but will witness pressure due to month-end demand for the US dollar from oil importers.

FPIs invest over $2 billion in capital markets in May so far

FPIs invest over $2 billion in capital markets in May so far

Sun, May 21, 2017

Foreign Portfolio Investors (FPIs) have invested a net Rs 4,157 crore in equities during May 2-19, while they poured Rs 12,941 crore in the debt markets during the period under review, translating into a net inflow of Rs 17,099 crore ($2.66 billion).

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Sat, May 20, 2017

The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.

Nifty crosses 9,400: Five reasons why

Nifty crosses 9,400: Five reasons why

Wed, May 10, 2017

Sameet Chavan Chief Analyst- Technical & Derivatives, Angel Broking said, "Finally, after two weeks of consolidation, the Nifty reached yet another milestone and has managed to close almost at the highest point ever. Now, if we meticulously observe the daily chart, a ‘Bullish Flag’ pattern is clearly visible."

Sensex, Nifty end in green; Auto, Banking, IT stocks top gainer

Mon, May 08, 2017

Get live coverage of Sensex, Nifty and stocks performance here at Zee Business.

'Rupee to be range-bound this week, to trade at 64-64.50'

'Rupee to be range-bound this week, to trade at 64-64.50'

Sun, May 07, 2017

The Indian rupee is likely to trade in the 64-64.50 range this week on continuing foreign fund inflows, dollar sale by exporters and higher demand for the American unit from importers.

India's foreign direct investment inflow momentum may slow in 2017: HSBC

India's foreign direct investment inflow momentum may slow in 2017: HSBC

Sun, May 07, 2017

HSBC in its latest report has said that India's foreign direct investment (FDI) inflow momentum may slow down this year and exports too may not revive with "full gusto" as domestic bottlenecks remain.

Strong rupee bodes well for India's masala bonds

Strong rupee bodes well for India's masala bonds

Wed, May 03, 2017

“If the rupee remains stable at current levels or appreciates further, it would offer RDBs’ investors healthy returns and sustain their interest in participating in future issuances; and vise versa," as per ICRA.

Strong Rupee unlikely to impact Indian exports this time around

Strong Rupee unlikely to impact Indian exports this time around

Tue, May 02, 2017

Rudra Sensarma, professor of economics, IIM Kozhikode said, “Since most exporters use short term forward contracts to hedge their forex exposures, they would be unfazed by the strengthening rupee unless it significantly drops below the 65-68 range it has been maintaining for more than a year."

Rupee continues to rise, many hope its only for a short term

Rupee continues to rise, many hope its only for a short term

Fri, Apr 28, 2017

Vinod Nair, Head Of Research at Geojit Financial Services said, "Risk will emerge if we continue to outperform other EMs in the long-term, whereas this is an intermediary phenomenon led by strong FIIs inflow post the overwhelming state election result which will stabilize in the near-term."

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