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Rupee

Currency Market News: Rupee rises by 9 paise to 83.56 vs dollar

Currency Market News: Rupee rises by 9 paise to 83.56 vs dollar

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.

Rupee vs Dollar: Domestic currency rises 10 paise to settle at 83.66 against US dollar

Rupee vs Dollar: Domestic currency rises 10 paise to settle at 83.66 against US dollar

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 rises by 6 paise to 83.70 vs dollar

Currency Market News: Rupee rises by 6 paise to 83.70 vs dollar

Thu, Sep 19, 2024

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.

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Asia stocks edge up on firmer Wall Street, pound nurses losses

Asia stocks edge up on firmer Wall Street, pound nurses losses

Mon, May 29, 2017

Asian stocks edged up on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May`s party in Britain`s upcoming elections. MSCI`s broadest index of Asia-Pacific shares outside Japan was a touch higher.

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.

Indian equities bullish on IMD forecast, indices scale record highs

Indian equities bullish on IMD forecast, indices scale record highs

Sat, May 13, 2017

The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.

'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.

Rs 2000, Rs 500 now Rs 200 notes? Sources say RBI clears proposal

Rs 2000, Rs 500 now Rs 200 notes? Sources say RBI clears proposal

Tue, Apr 04, 2017

After the introduction of Rs 2000 notes and new Rs 500 notes the Reserve bank of India has now cleared the proposal of Rs 200 notes, a report by Live Mint said on Tuesday.

Govt agencies worried as security features on currency notes same for over a decade

Govt agencies worried as security features on currency notes same for over a decade

Mon, Apr 03, 2017

The government plans to change the security features of currency notes including the new Rs 2,000 and Rs 500 notes introduced post demonetisation era as they haven’t been changed in more than a decade a report by

Indian equities rally on strong rupee, foreign fund inflows

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.

India's December external debt falls to $456.1 billion: Govt

India's December external debt falls to $456.1 billion: Govt

Fri, Mar 31, 2017

India`s end-December external debt fell by $29 billion to $456.1 billion from end-September, largely driven by a decline in long-term debt, the finance ministry said on Friday. The fall in Non-resident Indian deposits reflected Foreign Currency Non-Repatriable (B) deposits redemption.

Stocks seen hitting record high by end-June on economic optimism: Poll

Stocks seen hitting record high by end-June on economic optimism: Poll

Wed, Mar 29, 2017

The Reuters poll of more than 50 equity market strategists, brokers and fund managers taken March 20-27 found the BSE Sensex is forecast to rise to a record of 30,294 in the next three months.

Rupee breaks the level of 65

Rupee breaks the level of 65

Wed, Mar 29, 2017

Rupee breaks the level of 65. Watch this special segment and get to know more here.

Minimum balance penalty by banks must be reasonable: Government

Minimum balance penalty by banks must be reasonable: Government

Tue, Mar 28, 2017

The charges levied by banks in case minimum balance is not maintained in accounts must be reasonable, and should be a fixed percentage on the difference between the actual and required balance, the government said on Tuesday.

RBI doesn't target any range on rupee: Deputy Governor Mundra

RBI doesn't target any range on rupee: Deputy Governor Mundra

Tue, Mar 28, 2017

Mundra said the RBI is in discussions with the government to improve stressed asset resolution mechanisms which can help banks, but did not spell out any details.

Sensex ends lower; stronger rupee hurts IT, drugmakers

Sensex ends lower; stronger rupee hurts IT, drugmakers

Mon, Mar 27, 2017

During the early trade, Indian currency hit a nearly 1-1/2 year high against the dollar tracking gains in Asian currencies.

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Rupee hits near 1-1/2 year high; bonds rally, shares fall

Mon, Mar 27, 2017

The rupee hit a nearly 1-1/2 year high against the dollar on Monday, tracking gains in Asian currencies after U.S. President Donald Trump`s failure to pass a healthcare reform bill raised concerns about the chances of a U.S. fiscal stimulus.

Rupee gains 28 paise against dollar in early trade

Rupee gains 28 paise against dollar in early trade

Mon, Mar 27, 2017

Dealers said increased selling of the American unit by exporters and banks, and the dollar's weakness against other currencies overseas amid increased skepticism of US President Donald Trump?s ability to implement his economic agenda after last week?s failed US healthcare deal supported the rupee.

Nifty slips below 9,100-mark; GST Bills likely to be tabled today

Nifty slips below 9,100-mark; GST Bills likely to be tabled today

Mon, Mar 27, 2017

The government is looking at passage of the GST Bills in the Lok Sabha by March 29 or latest by March 30.

Market outlook: Derivatives expiry to infuse volatility in equity markets

Market outlook: Derivatives expiry to infuse volatility in equity markets

Sun, Mar 26, 2017

Figures from the National Securities Depository (NSDL) disclosed that foreign portfolio investors (FPIs) bought equities worth Rs 5,143.68 crore, during March 20-24.

Rupee recovers 5 paise against US dollar in early trade

Rupee recovers 5 paise against US dollar in early trade

Fri, Mar 24, 2017

Indian rupee has recovered by five paise against the US dollar to 65.47 in the early trade on Friday on account of fresh selling of American currency by exporters and banks amide higher opening in the domestic equity market.

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