Profit
Home | Market | Currency

Currency

  • Rupee Drops By 17 Paise To Settle At 71.25 Against Dollar
    The rupee on Friday weakened by 17 paise to close at 71.25 against the dollar as concerns related to fiscal slippage weighed on the sentiment after the interim budget unveiled some big measures ahead of the general elections, reported news agency Press Trust of India (PTI) report. Rising crude prices weighed on the local unit, while, heavy buying in domestic equities restricted the slide in the local unit to some extent, traders were quoted as saying in the PTI report. On Thursday,the rupee had settled 4 paise higher at 71.08 against the dollar.
  • Rupee Slips By 9 Paise To 71.17 Against Dollar
    At the Interbank Foreign Exchange, the rupee opened at 71.08 then fell further to 71.17 against the US dollar, showing a decline of 9 paise over its previous closing.
  • Rupee Advances By 26 Paise To 70.86 Against Dollar
    The dollar weakened in overseas market after the Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes.
  • Rupee Slips By 25 Paise To 71.36 Against Dollar
    Forex traders said strengthening of the dollar against some currencies overseas and sustained foreign fund outflows weighed on the local unit.
  • Rupee Edges Higher Against Dollar
    Dealers said dollar's weakness against some currencies overseas and early gains in domestic equity market supported the rupee.
  • Rupee Advances By 14 Paise To 71.19 Against Dollar
    Dealers said dollar's weakness against other currencies overseas amid fears of a slowing global economy and US government's record-long shutdown and early gains in domestic equity markets supported the rupee.
  • Rupee Rises By 29 Paise To 71.15 Against Dollar
    The dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported rupee, forex dealers said.
  • Rupee Drops By 26 Paise Against Dollar
    Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.
  • Foreign Purchases Of Emerging Asian Bonds In 2018 Fell Sharply
    In December, South Korea and Indian bonds had the biggest inflows among the five countries, of $1.33 billion and $676 million respectively.
  • Rupee Falls By 21 Paise To 71.24 Against Dollar
    Rupee Vs Dollar: Forex traders said strengthening of the US dollar against some currencies overseas weighed on the local unit.
  • Rupee Breaks 4-Day Losing Streak, But Still Below 71 Mark Against Dollar: 10 Points
    After four days of depreciation, the rupee advanced 0.3 per cent against the dollar to end at 71.03 on Thursday. That marked a gain of 21 paise for the rupee against the greenback from the previous close of 70.24, a day after the central bank announced new rules for overseas borrowings. Weakness in the United States currency overseas amid a dip in crude oil rates supported the currency, say analysts. However, volatility witnessed in the domestic equity markets kept the upside in check.
  • Rupee Edges Higher By 9 Paise Against Dollar
    Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee.
  • Rupee Edges Higher By 13 Paise Against Dollar
    INR Vs USD: Gains in domestic stock markets and weakening of the greenback in overseas markets supported the rupee, traders said.
  • Rupee To Weaken To 71.50 Against Dollar In A Year: Poll
    While the currency (INR vs USD) recovered nearly 6 per cent after touching a record low of 74.485 per dollar on October 11, the January 2-8 poll of more than 65 analysts showed the rupee will weaken again. The rupee rate (forex rate) fell about 9 per cent in 2018.
  • Rupee Breaks Two-Day Gain To Slip Below 70 Mark Against Dollar: 10 Things To Know
    The rupee declined by 53 paise, or 0.8 per cent, to close at 70.21 against the dollar on Tuesday. That marked the first lower closing for the rupee against the greenback after two days of appreciation. Concerns on the widening of current account deficit on rising crude oil prices pulled the rupee lower, say analysts. Strength in the dollar against major peers overseas also affected the rupee. The rupee had appreciated by 52 paise, or 0.7 per cent, in the previous two trading sessions.

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

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