Wed, Nov 08, 2023
The rupee was then forecast to gain nearly 1 per cent to 82.50/$ in six months and around 1.5 per cent to 82.00/$ in a year.
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Fri, Aug 18, 2023
The Indian rupee is likely to open higher on Friday, tracking the U.S. dollar's pullback against major and Asian currencies and relief on the U.S. yields front.
Wed, Jul 05, 2023
During the day, the rupee touched a high of 82.05 and a low of 82.25 against the greenback.
Wed, Mar 23, 2022
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.
Tue, Mar 22, 2022
The rupee declined 28 paise to 76.46 against the US dollar in opening trade on Tuesday, following a negative trend in domestic equities amid heightened concerns over global oil supplies.
Mon, Mar 14, 2022
The rupee declined 18 paise to 76.62 against the US dollar in the opening trade on Monday as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors towards safe-haven assets.
Mon, Mar 07, 2022
Ongoing Russia-Ukraine conflict has had a detrimental impact on the Indian Rupee and the situation is likely to aggravate from here, expert Anuj Gupta, opines. He sees a further weakness in the INR against the green back and expects rupee to hit Rs 78 versus the US Dollar. The view is for the month of March
Fri, Mar 04, 2022
Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.27 per cent to 98.05.
Fri, Feb 25, 2022
The local currency opened on a strong note at 75.31 to a dollar at the interbank foreign exchange market and inched higher to 75.28, registering a gain of 32 paise over its previous close
Wed, Feb 16, 2022
At the interbank forex market, the local unit opened at 75.24 against the greenback and witnessed an intra-day high of 74.96 and a low of 75.24. It finally settled at 75.07, a rise of 25 paise over its previous close
Tue, Jan 25, 2022
The rupee declined 7 paise to 74.67 against the US dollar in opening trade on Tuesday weighed down by the strength of the American currency and muted domestic equities.
Mon, Jan 24, 2022
Forex traders said the strength of the American currency in the overseas market and weak appetite for riskier assets also dragged down the local unit
Thu, Dec 30, 2021
Indian rupee has been on a tumultuous ride since the beginning of the calendar 2021, witnessing significant volatility in the band of 72.4-76.0/USD.
Wed, Dec 29, 2021
The rupee snapped its nine-day winning streak to settle 3 paise lower at 74.73 (provisional) against the US dollar on Wednesday, following weakness in domestic equities.
The Indian rupee was trading in a narrow range in morning trade on Wednesday as muted domestic equities and firm crude oil prices weighed on investor sentiments.
Tue, Dec 14, 2021
India Rupee on Tuesday fell to an 18-month low against the greenback amid the growing concerns over the new Coronavirus variants, muted domestic equities and persistent foreign fund outflows weighed on the local unit. It declined by 10 paise to 75.88 against the US dollar
Thu, Sep 23, 2021
The Indian rupee strengthened on Thursday, supported by dollar inflows into the domestic stock market which touched new record highs, after US Federal Reserve`s policy meeting took a more hawkish stance than the markets expected
Mon, Sep 20, 2021
The Indian rupee dived 26 paise to close at a near four-week low of 73.74 against the US dollar on Monday as weaker Asian peers and massive sell-offs in domestic equities weighed on investor sentiment
Sun, Jul 11, 2021
The dollar edged lower on Friday, along with the Japanese yen, as riskier currencies were favored, with the rally in US
Sun, Jul 04, 2021
Rupee fell against the US Dollar sharply on Friday after the world’s biggest economy reported a robust private payroll number. Major crosses like the Euro and pound fell too.
Mon, May 10, 2021
Will weakness in rupee continue or there will be some letting down? Expert Anuj Gupta at IIFL Securities said that the recent weakness in US Dollar has helped INR gain apart from a good show from the equity markets. But the ongoing pandemic situation is acting as a spoilsport with restriction in place across the country. The disruption in economic activity will act as a strong headwind for the INR
Thu, May 06, 2021
Rupee has consolidated since measures announced by the RBI Governor Shaktikanta Das on Wednesday, Expert Anuj Gupta,of IIFL Securities said. After trading in the weak zone for days now, Indian rupee gain some strength since the announcement, Gupta said. He however cautions that the impact may be more on the near term basis and could reverse if the coronavirus pandemic situation is not tamed soon
Mon, Apr 12, 2021
Weakness in the Indian Rupee continued even on Monday as the INR traded at a 9-month low against the US Dollar (USD). The rupee remained under pressure following the weakness in the domestic indices, Motilal Oswal said in its report. The downward trend was triggered by the Reserve Bank of India Monetary Policy announcement, it further said
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