Profit
Home | Market | Currency

Currency

  • Rupee Closes Flat At 73.45 Against Dollar
    Despite the initial bounce, the rupee appeared to struggle, as the dollar remained broadly firm.
  • Rupee Drops 17 Paise To 73.44 Against Dollar: 5 Things To Know
    INR vs USD: Traders said dollar's strength against some currencies overseas weighed on the local unit.
  • Rupee Moves Lower To Close At 73.27 Against Dollar
    Foreign investors pulled out around Rs 1,495.71 crore on a net basis from capital markets on Thursday with stocks declining 1 per cent in line with a global selloff. Foreign portfolio investors (FPIs) had pulled out Rs 2,046.54 crore on a net basis on Wednesday.
  • Rupee Slips 19 Paise To 73.35 Against Dollar: 5 Things To Know
    INR vs USD: Traders said increased demand for the US currency from importers and a lower opening of domestic equity market weighed on the local unit.
  • Rupee Closes At 3-Week High Of 73.16 Against Dollar: 10 Things To Know
    The rupee gained by 41 paise to end at 73.16 against the dollar on Wednesday, the highest closing level since October 1. Selling of the dollar by banks and exporters amid easing of crude oil prices along with a bounce-back in the domestic equity markets supported the rupee, say analysts. The rupee touched an intraday high of 73.09 during the session, before settling at 73.16 for the day. Despite Wednesday's gain, the rupee is still down more than 14 per cent so far this year.
  • RBI May Have Bought Breathing Space For Rupee As Crude Cools
    The country's foreign-exchange reserves plunged $5.14 billion in the week ended Oct. 12, the biggest drop in seven years, hinting the central bank intervened to stem the rupee's losses from getting out of hand after it held interest rates at an Oct. 5 meeting.
  • Rupee Moves Sharply Higher Against Dollar
    Selling of the greenback by exporters amid sharp losses in crude oil prices supported the rupee, say analysts. Strong gains in the domestic equity markets also supported the currency.The rupee had closed nearly unchanged at 73.57 against the US currency on Tuesday. Despite Wednesday's gains, the rupee is down more than 14 per cent against the dollar so far this year.
  • Rupee Finishes Week Lower Against Dollar: 10 Things To Know
    The rupee declined by 20 paise against the dollar to close at 73.47 on Friday. With that, the rupee gave up all of the gains registered against the greenback during the week. The weekly loss of 15 paise came after two weeks of mild appreciation in the rupee. Fund outflows and strength in the dollar against a group of major currencies overseas led to the dip of 0.3 per cent on Friday. So far this month, the rupee is down 1.4 per cent against the American currency.
  • Rupee Reverses Gains To Close At 73.56 Against Dollar: 10 Things To Know
    The rupee gave up early gains to close at 73.56 against the dollar on Monday. That marked a loss of 24 paise, or 0.3 per cent, in the rupee against the greenback as against the previous close of 73.32. Capital outflows coupled with strengthening of the dollar overseas hurt the rupee in the forex market, according to analysts. The rupee - battered by rising crude oil prices and the dollar - is down more than 15 per cent so far this year.
  • Rupee Edges Higher By 8 Paise Against Dollar
    INR Vs USD: Forex dealers said weakness in dollar against a few currencies overseas and early gains in domestic equities supported rupee.
  • Rupee Moves Higher To Close At 73.32 Against Dollar: 10 Things To Know
    The rupee rose against the dollar to close at 73.32 on Friday. That meant a recovery of 29 paise from Wednesday's close of 73.61, and a weekly gain of 25 paise against the greenback. Selling of the dollar by exporters amid a fall in crude oil prices along with weakness in the American currency overseas supported the rupee, according to analysts. The sharp gains in the rupee came on a day the Reserve Bank of India announced measures to ease liquidity concerns of non-banking financial companies (NBFCs).
  • "Exemplary", Says US On RBI Declaring Forex Market Intervention: 10 Points
    The US has recently said that it may remove India from its currency monitoring list of trading partners. Praising the central bank as "exemplary" for declaring its forex market intervention, the US said that India has addressed some of its concerns. US' currency monitoring list keeps a close watch on Washington's trading partners with potentially questionable foreign exchange policies. For the first time, India was placed in the currency monitoring list in April, reported news agency Press Trust of India (PTI). The semi-annual report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners was made by the US Treasury department.
  • Rupee Slips 3 Paise On Increased Demand For US Dollar
    Rupee Vs US Dollar: At the Interbank Foreign Exchange, the rupee opened lower at 73.62 and slipped further to 73.64 against the dollar.
  • India May Be Removed From US Currency Monitoring List Of Trading Partners
    US Treasury praises India for being "exemplary" in publishing its foreign exchange market intervention.
  • Rupee Extends Gains, Up 6 Paise Against US Dollar In Early Trade
    Rupee Vs US Dollar: Rupee strengthens by 6 paise to 73.42 against the US dollar in early trade on Wednesday on increased selling of the American currency by exporters and banks.

................................ Advertisement ................................

................................ Advertisement ................................