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US Dollar News
Rupee dips further by 8 paise against dollar ahead of RBI policy
Wed, Jun 07, 2017
The rupee was trading lower by eight paise against the US dollar to 64.51 in early trade on Wednesday ahead of the outcome of the Reserve Bank of India's (RBI) bi-monthly policy meet scheduled later in the day.
Rupee strengthens by 4 paise against dollar in early trade
Tue, Jun 06, 2017
The Indian rupee has strengthened by four paise against the US dollar to 64.32 in the early trade on Tuesday on back of sustained selling of the dollar by banks and exporters.
Rupee strengthens by 14 paise against dollar in early trade
Fri, Jun 02, 2017
The rupee strengthened by 14 paise to 64.34 against the US dollar in early trade on Friday on back of sustained selling of the American currency by banks and exporters.
Rupee gains 8 paise against dollar in early trade
Thu, Jun 01, 2017
The rupee gained another 8 paise to 64.43 against the US dollar on Thursday on account of increase in selling of the dollar by exporters and banks.
Rupee recovers 13 paise against dollar in early trade
Wed, May 31, 2017
A day after losing 16 paise against the American currency, the rupee recovered by 13 paise to 64.53 against the US dollar in early trade on Wednesday on account of fresh selling of the dollar by banks and exporters.
Rupee weakens by 16 paise against dollar in early trade
Tue, May 30, 2017
The Indian rupee weakened by 16 paise to 64.66 against the US dollar in early trade on Tuesday following increased demand for the American currency from importers and banks.
Rupee likely to trade in narrow range of 64.10 to 64.80 this week
Sun, May 28, 2017
According to experts, the rupee is likely to move in a narrow range of 64.10-64.80 versus the dollar this week on expectation of sustained foreign institutional investor (FII) inflows but will witness pressure due to month-end demand for the US dollar from oil importers.
India's foreign exchange reserves surge by over $4 billion
Sat, May 27, 2017
The foreign exchange (Forex) reserves of India have risen by over $4 billion as on May 19 this year.
Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts
Sat, May 20, 2017
The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.
Indian equities bullish on IMD forecast, indices scale record highs
Sat, May 13, 2017
The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.
Nifty crosses 9,400: Five reasons why
Wed, May 10, 2017
Sameet Chavan Chief Analyst- Technical & Derivatives, Angel Broking said, "Finally, after two weeks of consolidation, the Nifty reached yet another milestone and has managed to close almost at the highest point ever. Now, if we meticulously observe the daily chart, a ‘Bullish Flag’ pattern is clearly visible."
Global shipments of personal computers fall 2.4% in first quarter of 2017: Gartner
Wed, Apr 12, 2017
Gartner on Wednesday said the worldwide PC shipments for the first time in a decade fell 2.4% to 62.2 million units in Q1 of 2017 on account of decline in consumer demand.
IT companies likely to report stable earnings in fourth quarter of FY17: Experts
Tue, Apr 11, 2017
According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.
Strength in Dollar in comparison to major currencies
Mon, Apr 10, 2017
Strength in Dollar in comparison to major currencies. Watch this special segment and get to know more here.
Global IT spending likely to grow 1.4% to $3.5 trillion in 2017: Gartner
Mon, Apr 10, 2017
Gartner on Monday said the global IT spending is projected to grow 1.4% to $3.5 trillion in 2017 on account of rise in US dollar.
Dollar extends gains after strong US data, Asia stocks subdued
Fri, Mar 31, 2017
Japan`s Nikkei jumped 0.5% after Japanese core consumer prices rose 0.2% in February.
Improvement in Dollar index from the lower levels of four months
Wed, Mar 29, 2017
Improvement in Dollar index from the lower levels of four months. Watch this special segment and get to know more here.
Rupee hits near 1-1/2 year high; bonds rally, shares fall
Mon, Mar 27, 2017
The rupee hit a nearly 1-1/2 year high against the dollar on Monday, tracking gains in Asian currencies after U.S. President Donald Trump`s failure to pass a healthcare reform bill raised concerns about the chances of a U.S. fiscal stimulus.
Rupee recovers 5 paise against US dollar in early trade
Fri, Mar 24, 2017
Indian rupee has recovered by five paise against the US dollar to 65.47 in the early trade on Friday on account of fresh selling of American currency by exporters and banks amide higher opening in the domestic equity market.
Rupee strengthens by 5 paise against dollar in early trade
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.