US Dollar
Elections, USD strength and oil price to determine rupee direction: Report
Sun, Dec 30, 2018
"In our assessment, consumer price inflation (CPI) is likely to average 4 per cent in 2019. Benign food inflation, positive base effects, recent correction in oil prices and INR stability is likely to keep inflationary pressures under check," it said.
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Rupee strengthens 50 paise to 69.94 against US dollar
Wed, Dec 19, 2018
The rupee appreciated another 50 paise to breach the 70 per dollar-mark in opening trade Wednesday on persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of the American currency by exporters and banks.
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Indian Rupee settles 34 paise higher at 71.56 against US dollar
Mon, Dec 17, 2018
Forex market sentiments were driven by the country's narrowing trade deficit in November as also smart gains in domestic equities. The American currency's weakness against its major rivals globally also helped the rupee further its gains. Earlier on Friday, the domestic unit had dropped by 22 paise to close at 71.90 against the US dollar.
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Indian rupee recovers 22 points to close at 72.67 against US dollar on easing crude prices, positive macroeconomic data
Tue, Nov 13, 2018
At the Interbank forex market, the domestic unit opened with strength at 72.81 and advanced to a high of 72.51 in day trade. Rupee finally settled at 72.67, showing a gain of 22 paise or 0.30 per cent over the last close.
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Gold edges down as Federal Reserve interest rate view strengthens dollar
Fri, Nov 09, 2018
The Fed`s statement on Thursday overall reflected little change in its outlook for the economy since its last policy meeting in September. Inflation remained near its 2 percent target, unemployment fell, and risks to the economic outlook were still felt to be "roughly balanced."
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