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INR Vs Dollar News
INR Vs Dollar
Rupee expected to weaken further, may touch 72 per Dollar levels
Wed, Jan 09, 2019
Asked about the future trend that rupee may show in the Forex market Anindya Banerjee, Deputy Vice President, Kotak Securities 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."
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
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."
Indian markets closed on Monday for public holiday
Mon, May 01, 2017
On Friday, the benchmark BSE Sensex index fell 0.37 percent to 29,918.40, while the broader NSE Nifty index lost 0.41 percent to 9,304.05.
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."
Real estate shares gain as RBI allows bank investment in REITs
Thu, Apr 06, 2017
Broader markets were not enthused by RBI's decisions and continued to trade in negative without much change since the announcement of the monetary policy.
9 things to watch out for before RBI's bi-monthly monetary policy
Thu, Apr 06, 2017
RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.
Indian equities rally on strong rupee, foreign fund inflows
Sat, Apr 01, 2017
The Indian rupee got strengthened by 56 paise to 64.85 against a US dollar from last week`s close of 65.41 to a greenback.
Nifty gains in morning trade, Bharti Airtel up 2% on Tikona buy
Fri, Mar 24, 2017
Analysts at HDFC Securities said, "Our markets behaved as expected and 9030 now becomes a near term support for nifty and stop loss for the long trades. 9200 where highest amount of calls are written is a barrier for the markets in the short run."
Sensex, Nifty trade positive; Axis Bank up 1.27%
Thu, Mar 23, 2017
HDFC Securities said, "Markets are likely to open with a tinge of green this morning after a large sell off yesterday. We are expecting nifty to find buying support near 8980-9020 range. Mid caps and small caps are the ponds where we will find more fish. Stocks like Hindustan zinc who have announced large interim dividend will be in limelight."
Analysts had expected Rupee to cross 70; it is now among best performers in Asia
Tue, Mar 14, 2017
Around this time last year analysts and currency experts were betting for Indian Rupee to be one of the worst performers globally. They expected Rupee to cross Rs 70 to a dollar by December 2016.
Rupee weakens more, loses 12 paise against dollar
Thu, Mar 09, 2017
The rupee today lost 12 paise to 66.83 as the dollar remained in the driver's seat on the growing buzz that the US interest rate is set to go up.
Rupee down 5 paise in subdued start to new year
Mon, Jan 02, 2017
Meanwhile, the benchmark BSE Sensex fell 132.37 points, or 0.50%, to 26,494.09 in early trade.
Rupee cracks 67-mark, tanks 52 paise against dollar
Fri, Nov 11, 2016
The dollar climbed to four-month high against some currencies overseas.
Rupee runs higher by 12 paise against dollar
Tue, Oct 18, 2016
According to dealers, weakness in the dollar against other currencies overseas on unexpected fall in a US manufacturing index made the rupee stronger.