Mon, Jul 03, 2023
The rupee appreciated by 15 paise to close at 81.95 (provisional) against the US dollar on Monday, as sustained foreign fund inflows and a bullish trend in domestic equities strengthened investor sentiments.
Wed, Apr 26, 2023
A weak consumer confidence report and a decline in Federal Reserve manufacturing data further added to the dollar's and yen's safe-haven appeal.
Tue, Apr 18, 2023
The dollar index – a measure of the currency against six major peers – rose 0.413 per cent after the Empire State Manufacturing index shot to 10.8 from -24.6 in March, far higher than expectations of -18 in a Reuters poll of 35 economists.
Fri, Apr 14, 2023
The dollar fell 0.32 per cent against the yen to 132.77. The Aussie dollar, which is sensitive to risk appetite, reached $0.67965, up around 1.4 per cent on the day and the highest since February 24.
Thu, Apr 13, 2023
The US Consumer Price Index (CPI) climbed 0.1 per cent last month, below economists’ expectations for a 0.2 per cent gain, and down from a 0.4 per cent increase in February.
Wed, Apr 12, 2023
Meanwhile, the rupee depreciated 13 paise to close at 82.12 (provisional) against the US currency on Tuesday as dollar demand from importers weighed on investor sentiments.
Tue, Apr 11, 2023
The US dollar closed firm on Monday after Friday's solid jobs report boosted expectations for a US interest rate hike in May, while the Rupee weakened amid expectations of Fed rate hike and firm crude oil prices weighed on the local unit.
Tue, Apr 04, 2023
The ongoing global crisis has led to major repricing in global rates volatility and commodities, especially oil. The agency estimates crude price to average at USD 80/barrel in FY24 down from USD 95 a barrel in FY23.
Mon, Apr 03, 2023
All eyes are on the outcome of a bi-monthly review by the RBI due on Thursday, wherein the central bank's all-powerful Monetary Policy Committee is widely expected to announce a hike in the benchmark interest rates.
Sun, Feb 26, 2023
In its currency outlook, Bank of Baroda in a report estimated that the Indian Rupee would trade in the range of 82-84 against US dollar, mainly influenced by US Fed policy, FPI flows, inflation and oil prices in the upcoming financial year.
Thu, Feb 16, 2023
At the interbank foreign exchange market, the local unit opened at 82.72 against the American currency and finally settled at 82.68 against the greenback, registering a gain of 15 paise over its previous close of 82.83.
Mon, Dec 19, 2022
At the interbank foreign exchange, the domestic unit opened weak at 82.80 against the dollar, then gained some ground to quote 82.77
Sun, Sep 25, 2022
FM also asked a reporter to do a study on how the other currencies are behaving against the US dollar in the latest round of depreciation.
Fri, Jul 15, 2022
The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation situation could worsen
Tue, May 10, 2022
India Rupee bounced back on Tuesday against the US Dollar in early trade. It was up around 20 paise and was trading around 77.24 against the greenback. The strength was on account of improved sentiments in the domestic equity markets and receding global crude prices
Fri, Apr 08, 2022
The rupee advanced 23 paise to 75.80 against the US dollar in the opening trade on Friday, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate.
Mon, Apr 04, 2022
The rupee started the financial year 2022-23 on a bullish note and settled 19 paise higher at 75.55 (provisional) against the US dollar on Monday, supported by a firm trend in domestic equities.
Thu, Mar 31, 2022
The rupee advanced 23 paise to 75.67 against the US dollar in the opening trade on Thursday, supported by positive domestic equities and a fall in crude oil prices.
See Zee Business Live TV Streaming Below:
Tue, Mar 29, 2022
Continuing its winning streak for a fourth straight session, the rupee on Tuesday appreciated by 19 paise to 75.97 against the US dollar as risk appetite improved in view of broader weakness in the greenback and a firm trend in domestic equities.
Thu, Mar 24, 2022
The rupee was trading in a narrow range in morning trade on Thursday as elevated crude oil prices negated the impact of positive domestic equities.
Wed, Mar 23, 2022
The rupee pared initial gains to settle 14 paise lower at 76.32 (provisional) against the US dollar on Wednesday due to month-end dollar demand from importers and rising crude prices amid geopolitical uncertainties.
The rupee advanced 19 paise to 75.99 against the US dollar in the opening trade on Wednesday, tracking emerging market peers amid broad dollar weakness.
Mon, Mar 21, 2022
Indian bond yields edged up on Monday while the rupee weakened as an uptick in crude oil prices fanned fears of imported inflation and higher trade and current account deficits.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.