Fri, Sep 20, 2024
Analysts said the dollar index retreated after the US Federal Reserve reduced the benchmark interest rate by 0.50 per cent, prompting investors to look towards emerging market currencies.
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Thu, Sep 19, 2024
Currency Market Update: The rupee strengthened by 10 paise to hit its two-month high level of 83.66 against the US dollar on Thursday after the US Federal Reserve cut the benchmark interest rate by 0.50 per cent, boosting investors' sentiment.
Currency Market News, Rupee vs Dollar: At the interbank foreign exchange market, the Indian currency opened at 83.70 and inched up to 83.69 before trading at 83.70 against the greenback, registering a gain of 6 paise from its previous closing level.
Fri, Jul 05, 2024
The rupee edged up by 5 paise to 83.45 against the US dollar in early trading, benefiting from increased foreign investments. The rise came as the dollar retreated and despite concerns over higher crude oil prices impacting investor sentiment.
Thu, Jul 04, 2024
Forex traders said a positive trend in domestic equities, wherein benchmark indices touched all-time high levels, and significant foreign fund inflows supported the rupee and restricted the fall.
Tue, Jul 02, 2024
The rupee depreciated by 6 paise to 83.50 against the US dollar, influenced by a strong greenback, elevated crude prices, and foreign fund outflows.
The Indian rupee fell by 12 paise to 83.56 against the US dollar in early trade on Tuesday, influenced by strong US currency and rising crude oil prices.
Fri, Jun 28, 2024
The rupee strengthened by 8 paise to 83.37 against the US dollar in early trade, driven by positive domestic equities and foreign fund inflows.
Wed, Jun 26, 2024
The rupee fell 17 paise to 83.60 against the US dollar due to strong overseas currency and high crude oil prices, despite support from rising domestic equities.
Tue, Jun 25, 2024
At the interbank foreign exchange market, the local unit opened at 83.46 and hit the intraday high of 83.41 and a low of 83.48 against the greenback during the session.
Thu, Jun 20, 2024
According to forex traders, inflow of foreign capital and positive momentum in domestic equity markets failed to support the local unit which gave in to the pressure due to a firm American currency against major rivals overseas.
Tue, Jun 11, 2024
The rupee settled for the day lower by 9 paise at 83.59 against the US dollar on Tuesday, weighed down by a muted trend in domestic equities and the strength of the American currency in overseas markets.
Fri, Jun 07, 2024
RBI Monetary Policy: How is the situation of liquidity and financial? How stable is Rupee? Learn from RBI Governor Shaktikanta Das in this video.
Tue, Jun 04, 2024
The domestic currency finally closed at 83.59 (provisional) against the dollar, registering a fall of 45 paise from its previous close.
Fri, May 24, 2024
Currency Market Update: The rupee gained by 19 paise, or 0.2 per cent, to end at 83.10 against the US dollar on Friday.
Wed, Apr 10, 2024
At the interbank foreign exchange market, the local unit opened at 83.23 against the greenback. It later touched 83.16 in initial trade, registering a rise of 15 paise from its previous close.
Wed, Apr 03, 2024
The RBI had said in January that from April, exchanges may offer forex derivative contracts involving the rupee to users "for the purpose of hedging contracted exposure."
Fri, Feb 23, 2024
The rupee ended at 82.9375 per US dollar compared with its close of 82.84 in the previous session.
Thu, Feb 15, 2024
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty and Sensex extended gains to the fourth session in a row on Friday, February 16, tracking gains across global markets. Catch all the highlights of the February 16 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog.
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex finished a volatile session about one-third of a percentage point higher on Thursday, February 15. Catch minute-by-minute updates of the session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog.
Tue, Feb 13, 2024
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex managed to finish a volatile session—which began with a gap-down opening after a worse-than-expected US inflation reading sent Wall Street indices tumbling—fairly higher on Wednesday, February 14. Catch minute-by-minute updates of the session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog.
Wed, Feb 07, 2024
At the interbank foreign exchange, the rupee began the day at 83.03 against the dollar and fell to as low as 83.09 during the session before settled at 82.96 against the greenback for the day. The currency hit an intraday high of 82.94
Thu, Jan 11, 2024
Rupee, on Thursday, will be looking to build on recent momentum in the lead-up to US inflation data that will hold cues on when the Federal Reserve will kick off rate cuts.
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