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.
Thu, Mar 23, 2017
Indian rupee has strengthened by five paise to 65.39 per dollar in early trade on Thursday on some selling of the US currency by exporters and banks.
Mon, Mar 20, 2017
The Indian rupee strengthened by 1.15 paise in the week gone by to Rs. 65.46 against the US dollar.
Sun, Mar 19, 2017
Market experts opined that the markets may witness some profit- booking during the upcoming week.
Thu, Mar 16, 2017
"Indian markets (are) well placed to absorb the US Fed rate hike. Gradual approach in future increases augurs well for emerging markets," Economic Affairs Secretary Shaktikanta Das said on Twitter.
Mon, Mar 13, 2017
The rupee gained around 0.5% in one-month non-deliverable forwards (NDFs) trading to 66.35 per dollar.
Fri, Mar 10, 2017
Indian rupee has gained four paise against the US dollar to 66.67 in early trade on Friday at the Forex market.
Thu, Mar 09, 2017
The Reserve Bank of India (RBI) on Thursday said it will shortly issue new Rs 10 denomination currency notes, while clarifying that the old Rs 10 notes will also remain valid.
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.
Wed, Mar 08, 2017
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1% in early trade.
Fri, Feb 24, 2017
The benchmark 10-year bond yield fell 2 basis points to 6.91% from the previous close.
Thu, Feb 23, 2017
Bharti Airtel announcement to acquire Telenor India lifted telecom shares.
Thu, Feb 16, 2017
The rupee depreciated 7 paise to 66.97 against the US dollar in early trade today on fresh demand for the American currency from importers and banks.
Thu, Feb 09, 2017
Indian Rupee too gained against the US Dollar breaching 67-mark to trade at its highest level in three months.
Tue, Feb 07, 2017
According to latest Reuters poll, India rupee is expected to sink to a record low in the coming year on expectations for a rise in the US dollar.
A 'resilient' Indian rupee has weathered the post-US election headwinds fairly well but the domestic currency may still break above its 66.2-68.7 range established since early 2016, says a DBS report.
Fri, Jan 27, 2017
Rupee weakened by 16 paise to 68.23 against the dollar in early trade today, halting its two-day rising streak following month-end demand from importers and banks for the American currency which strengthened overseas.
Thu, Jan 26, 2017
Care Ratings has projected India's trade deficit in the range of $100-110 billion by the end of March this year.
Mon, Jan 23, 2017
Rupee recovered by 17 paise to 68.01 against the US dollar in early trade today on increased selling of the American currency by exporters.
Tue, Jan 17, 2017
The government is considering allowing 100% FDI through automatic route in single brand retail to attract a larger number of global players in the sector.
Tue, Jan 10, 2017
Live updates of Asian shares, BSE Sensex and NSE Nifty. Top stocks, stocks in focus, top gainers and top gainers of the day.
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