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US Dollar News
Rupee vs US Dollar: Hit by US elections 2020 uncertainty, INR plunges to 2-month low
Wed, Nov 04, 2020
The uncertainty regarding the US elections 2020 outcome impacted the Indian rupee which plunged to a two month low mark during Wednesday`s trade session. The rupee hit an intraday low of 74.88 as there were indications that the US presidential results might be contested in courts.
US dollar slips as traders focus on stimulus
Sat, Oct 10, 2020
In late New York trading, the euro increased to $1.1825 from $1.1758 in the previous session, and the British pound increased to $1.3038 from $1.2933in the previous session. The Australian dollar was up to $0.7231 from $0.7163, Xinhua news agency reported.
Forex Market: US dollar edges up amid economic data
Fri, Sep 11, 2020
The US dollar bought 106.11 Japanese yen, lower than 106.21 Japanese yen of the previous session. The US dollar was down to 0.9100 Swiss franc from 0.9125 Swiss franc, and it was up to 1.3178 Canadian dollars from 1.3163 Canadian dollars.
Forex Market: US dollar climbs amid economic data
Tue, Sep 08, 2020
In late New York trading, the euro was down to $1.1811 from $1.1849 in the previous session, and the British pound fell to $1.3168 from $1.3289 in the previous session. The Australian dollar fell to $0.7276 from $0.7296, Xinhua reported.
Rupee skids 21 paise to end at 73.35 against US dollar
Tue, Sep 08, 2020
"Indian rupee was the biggest loser among Asian peers on rise in COVID-19 cases, weaker equities and stronger dollar index. However, the expectation for foreign fund inflows in coming days could restrict the fall in rupee," said Devarsh Vakil, Deputy Head Retail Research, HDFC Securities.
Indian forex reserves rise by over $3 billion
Sat, Sep 05, 2020
India`s foreign exchange reserves jumped higher by $3.883 billion during the week ended August 28.
Rupee tumbles 16 paise to 73.03 against US dollar
Thu, Sep 03, 2020
"However, we see that rupee depreciation could be short-lived given the RBI's aim to keep the rupee stronger with a view to control imported inflation. The appreciation limit could largely depend on where the RBI says 'enough is enough' and the overall performance of the US dollar," said Sriram Iyer, Senior Research Analyst, Reliance Securities."
Indian Rupee logs best day in 21 months, bonds plunge on RBI measures
Wed, Sep 02, 2020
It also said the recent appreciation of the rupee is working towards containing imported inflationary pressures, prompting traders to believe the central bank will not be as aggressive in its dollar purchases as in recent months.
Rupee vs US dollar: Indian currency soars 73 paise, breaches 73-mark against USD
Wed, Sep 02, 2020
The Reserve Bank on Monday announced a host of steps, including term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.
Rupee drops 21 paise to 73.60 against USD; geopolitical tensions weigh
Tue, Sep 01, 2020
At the interbank forex market, the domestic unit opened on a strong note at 73.26 but lost momentum as the trade progressed and finally ended at 73.60 against the greenback, down 21 paise over its previous close of 73.39.
US dollar dips amid slew of economic data
Wed, Jun 24, 2020
The US dollar weakened in late trading on Tuesday as market participants digested a slew of economic data.
Rupee slips 18 paise to 75.81 against US dollar in early trade
Wed, May 06, 2020
After opening on a weak note, domestic bourses pared the losses and were trading on the positive territory with benchmark Sensex quoting 307.01 points higher at 31,760.52 and broader Nifty rising 86.60 points to 9,292.20.
How low can rupee vs dollar? INR may hit 80-mark if Coronavirus lockdown persists, says Acuite
Mon, Mar 30, 2020
Rupee vs dollar: Indian rupee could see sharper depreciation to over Rs 80 to a dollar if the Covid-19 related disruptions are prolonged and country is to go in for complete lockdown till June end, Acuite Ratings and Research has said in its latest impact analysis report
Rupee vs Dollar: INR may hit all-time low of 75 per USD levels over US, Europe troubles
Wed, Mar 11, 2020
Rupee vs Dollar: Currently, USD to INR spot reference is quoting at 73.80 levels, off 28 paise from the close on Monday.
Coronavirus may pull down Indian rupee to all-time low against US Dollar, say experts
Wed, Mar 04, 2020
Indian Rupee may further go down on the Coronavirus spread and in the near future, it may hit its all-time low of Rs 74.47/dollar.
US dollar ticks up on rising risk aversion
Wed, Feb 19, 2020
"The Euro is again under selling pressure this morning as it touched a three-year low against the U.S. dollar. The most recent dip lower for the Euro was caused by data out of Germany that showed investor confidence came out weaker than expected," said U.S. foreign exchange payment platform Tempus on Tuesday.
Indian Rupee today: Currency rises 7 paise to 71.21 against US dollar in early trade
Wed, Feb 12, 2020
The rupee opened strong at 71.24 at the interbank forex market then gained further ground to touch 71.21 per dollar, displaying gains of 7 paise against the greenback. On Tuesday, the rupee had settled at 71.28 against the US dollar.
In early trade today, Rupee rises 10 paise to 71.21 against US dollar
Wed, Jan 29, 2020
Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth Rs 1,357.56 crore on Tuesday, according to provisional exchange data. Brent crude futures, the global oil benchmark, rose 1.36 per cent to trade at 60.32 per barrel.
Indian rupee vs US dollar: INR may go down up to 73 on escalating US-Iran standoff
Mon, Jan 06, 2020
Rupee vs Dollar: According to experts, if the US-Iran standoff goes up another level, then the rupee may fall up to Rs 73 per US dollar.
Hindalco Industries share expected to give 32 pct returns in 6 months on weak dollar, US-China trade talks outcome: Experts
Mon, Dec 16, 2019
Hindalco Industries share price is expected to hit Rs 275 per stock levels from current Rs 208 on weak dollar, positive hopes in US-China trade talks, say experts.