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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.
Tue, Oct 18, 2016
According to dealers, weakness in the dollar against other currencies overseas on unexpected fall in a US manufacturing index made the rupee stronger.
Mon, Oct 17, 2016
The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 19 points or 0.22 per cent higher at 8,602.40 points.
Fri, Sep 30, 2016
The rupee on Friday staged a resounding comeback after a brief overnight setback and ended higher by a whopping 24 paise at 66.61 on fresh dollar unwinding from banks and exporters.
The Indian Rupee opened unchanged at 66.85 per dollar against previous close at same level.
Thu, Sep 29, 2016
India's rupee and stock markets will stabilise in a few days, Economic Affairs Secretary Shaktikanta Das said on Thursday, following a sharp fall in the markets after India launched attacks on suspected militants.
The Indian rupee on Thursday tumbled to its lowest level in the last one week after the army announced that it had carried out "surgical strikes" on terror camps across the Line of Control (LoC) with Pakistan.
For the month of September series in the Futures & Options (F&O) will expire today.
Wed, Sep 28, 2016
The Indian Rupee opened higher by four paise at 66.44 per dollar as against the previous close of 66.48.
Tue, Sep 27, 2016
The Indian Rupee opened higher by 7 paise, touching 3-week high at 66.53 per dollar.
Mon, Sep 26, 2016
The Indian Rupee opened lower by 10 paise at 66.75 per dollar as against the previous close of 66.66.
Fri, Sep 23, 2016
The Indian rupee today opened lower by 3 paise at 66.69 per dollar.
Thu, Sep 22, 2016
The Indian rupee opened higher by 16 paise at 66.86 per dollar against the previous close at 67.02 on Wednesday
Wed, Sep 21, 2016
The US Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labour market improved further.
The Indian Rupee opened marginally up at 66.99 per dollar as against previous close at 67.01.
Tue, Sep 20, 2016
Indian markets are likely to be volatile this week as two central banks will announce their monetary policies, said India Ratings and Research in a press release on Monday.
The Indian rupee opened flat at 66.97 per dollar as against previous close at 66.96.
Fri, Sep 16, 2016
The Indian rupee opened higher at 16 paise at 66.86 against dollar as compared to the previous close of 67.02.
Thu, Sep 15, 2016
Indian Rupee (INR) fell to its two-week low of Rs 67.065 as media reports suggested that Indian Government might look to devalue the currency.
Wed, Sep 14, 2016
The Indian equity, bonds markets were closed on Tuesday on account of Eid.
Fri, Sep 09, 2016
The rupee opened lower by 14 paise at 66.57 against US Dollar as against the previous close of 66.41.
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