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.
Tue, Dec 21, 2021
Brent crude futures, the global oil benchmark, surged 0.87 per cent to US dollar 72.14 per barrel.
Fri, Dec 17, 2021
Brent crude futures, the global oil benchmark, fell 1.45 per cent to USD 73.93 per barrel.
Thu, Dec 09, 2021
Brent crude futures, the global oil benchmark, declined 0.46 per cent to USD 75.47 per barrel.
Thu, Dec 02, 2021
The local unit finally settled at 74.99, down 8 paise over its previous close of 74.91.
Tue, Nov 30, 2021
The local unit finally settled at 75.13 a dollar, down 6 paise over its previous close.
Thu, Nov 25, 2021
Meanwhile, Brent crude futures, the global oil benchmark, declined by 0.36 per cent to USD 81.95 per barrel.
Mon, Nov 22, 2021
At the interbank foreign exchange market, the local currency opened weak at 74.36 and lost further ground as the trade progressed to quote 74.51 a dollar.
Fri, Nov 12, 2021
Besides, lower crude prices in the international market also supported the local unit, forex dealers said.
Wed, Nov 03, 2021
Besides, a weak American currency in the overseas market also helped the local unit, forex dealers said.
Fri, Oct 22, 2021
The local unit finally settled at 74.90 a dollar, down 3 paise over its previous close.
Mon, Oct 18, 2021
The Indian rupee was trading marginally lower by 2 paise at 75.28 against the US dollar in early trade on Monday.
Tue, Oct 12, 2021
The Indian currency for the first time this year settled below the 75 level.
Wed, Sep 29, 2021
At the interbank foreign exchange market, the local currency opened lower at 74.18 and witnessed an intra-day high of 74.08 and a low of 74.26 against the US dollar in day trade.
The local unit finally settled at 74.14 a dollar, down 8 paise over its previous close. On Tuesday, the rupee had settled at 74.06 against the greenback.
Thu, Sep 23, 2021
The partially convertible rupee was trading at 73.73/74 per dollar, as of 0746 GMT, compared with its close of 73.87 on Wednesday.
Wed, Sep 22, 2021
Forex traders said investors are awaiting cues on taper timeline and US Fed's projections on interest rates.
Tue, Sep 21, 2021
At the interbank foreign exchange, the rupee opened at 73.74 against the dollar, then edged higher to 73.59, up 15 paise over its previous close.
Sat, Sep 18, 2021
Any timelines for tapering measures in the US can potentially drive FPIs (Foreign Portfolio Investors) away from emerging markets such as India.
Fri, Jan 08, 2021
Prices took strong support in the last session and recovered from a sharp decline in the previous session, as investors cheered a Democratic win in the US Senate race that is expected to unleash more fiscal stimulus. Hence, ICICI Securities expect gold prices to remain positive towards Rs 51300 level in the short-term.
Sun, Jan 03, 2021
Expectations of continuous foreign investment into the domestic equity market will support the new found strength in Rupee, analysts opined.
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