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  • Crypto Losses Near $700 Billion In Worst Week Since Bubble Burst
    The largest cryptocurrency retreated as much as 7.6 per cent on Friday, before paring losses to 4.1 per cent at 4:43 pm in Hong Kong.
  • Rupee Closes Higher For Seventh Day, Rises Above 71 Mark Against Dollar: 10 Points
    The rupee appreciated by 77 paise to close at 70.69 against dollar on Thursday, reported news agency Press Trust of India. Declining crude oil prices amid concerns of a global glut along with weakness in the dollar against major peers overseas boosted the rupee, say analysts. Advances in the currency market came despite a 0.7 per cent fall in domestic equity markets. The rupee finished the holiday-shortened week with a gain of 1.8 per cent against the dollar. At Thursday's closing level, the rupee is down 10.7 per cent against the dollar so far this year.
  • Bitcoin Loses One-Fourth Of Value In A Week, Hits Year's  Lowest Level
    The fall followed a sudden plunge last week that shook bitcoin out of a period of relative stability, where prices had hovered around the $6,500 mark for several months.
  • Rupee Closes Higher Against Dollar For Sixth Day In A Row
    This is the sixth straight session of gains for the domestic unit as the US dollar weakened against some currencies overseas. In the last six trading sessions, the rupee has gained 143 paise.
  • Rupee Closes At 10-Week High Against Dollar, Extends Gains To 5th Day
    Stock markets also rose nearly 1 per cent to scale six-week high levels despite the ongoing RBI board meeting also supported the rupee sentiment.
  • Rupee Edges Lower Ahead Of RBI Board Meeting Outcome: 10 Things To Know
    Halting its four-day winning streak, the rupee slipped by 9 paise to 72.02 against the US dollar in early trade on Monday ahead of the outcome of Reserve Bank of India (RBI) board meeting, reported news agency Press Trust of India (PTI). Fresh demand for the American currency from importers amid rise in crude prices weighed on the domestic unit, traders were quoted as saying in the PTI report. On Friday, the rupee strengthened by 4 paise to close at a fresh two-month high of 71.93 against the dollar.
  • Rupee Ends At New 2-Month High Of 71.93 Against Dollar
    Increased selling of the US currency by exporters and banks and gains in equity markets aided the rupee to post gains for the fourth day.
  • Rupee Edges Higher Against Dollar: 10 Things To Know
    The rupee edged higher by 10 paise to 72.07 against the dollar in early trade on Friday on increased selling of the greenback by exporters and banks, reported news agency Press Trust of India (PTI). Increased foreign fund inflows and a higher opening of domestic equities also supported the rupee, traders were quoted as saying in the PTI report. On Thursday, the rupee, which has been Asia's worst-performing currency so far this year, settled at a two-month high of 71.97 against the US dollar.
  • Rupee Closes Above 72-Mark Against Dollar For First Time In 2 Months: 10 Points
    The rupee appreciated by 33 paise, or 0.5 per cent, to close at 71.97 against the dollar on Thursday. That marked the highest closing level for the rupee since 71.84 on September 14. Wednesday's rise also marked the first time the rupee rose to 71 levels on a closing basis in two months. Crude oil prices' continuous decline along, selling of dollars by exporters and strength in domestic equity markets boosted the rupee, say analysts. The upmove in the rupee came despite a rising dollar overseas as its appeal as a safe-haven bet improved amid Brexit-related concerns.
  • RBI Intervenes More In Forex Forwards Than Spot For Second Straight Month
    The rupee ended at 71.9750 to the dollar on Thursday, compared with 72.30 on Wednesday.
  • Rupee Moves Higher To End At 72.31 Against Dollar: 10 Things To Know
    The rupee finished Wednesday's session at 72.31 against the dollar, marking a gain of 36 paise from the previous close. A continuous fall in crude oil prices supported the rupee, say analysts. Crude oil prices edged up to trade near $66-a-barrel mark on Wednesday, after hitting an intraday low of $65.02 per barrel, on the prospect of reduction in supply by top producers. That along with the Reserve Bank of India's announcement to inject liquidity of Rs 12,000 crore on November 15 boosted the currency. Still, the rupee is down around 13 per cent so far this year.
  • Rupee Moves Higher To End At 72.67 Against Dollar: 10 Things To Know
    The rupee moved higher by 22 paise - or 0.3 per cent - against the dollar to end at 72.67 on Tuesday, boosted by easing crude oil prices and strong macroeconomic data. A nearly 3 per cent decline in crude oil prices, dragging them over 20 per cent from October highs, eased concerns on the current account deficit front. Fund inflows, weakness in the dollar against major peers overseas and a nearly 1 per cent recovery in domestic stock markets pushed the rupee higher, according to analysts.
  • Rupee Moves 39 Paise Lower Against Dollar: 10 Things To Know
    The rupee closed 39 paise lower against the dollar on Monday, as crude oil rose and the dollar rose overseas. The rupee moved lower against the American currency after top crude oil producer Saudi Arabia's announcement of its plans to reduce output pushed the global oil rate higher. The rupee slipped below the 73 mark against the dollar in intraday trade, before ending the day with a loss of around 0.5 per cent. At 72.89 against the greenback, the rupee is down more than 14 per cent so far this year.
  • Rupee Weakens By 39 Paise To End At 72.89 Against Dollar
    Increased dollar demand from importers amid firming global crude oil prices and a strong dollar weighed on the rupee sentiment, a currency dealer said.
  • Rupee Slips By 54 Paise To 73.04 Against Dollar: 10 Things To Know
    The rupee slipped by 54 paise to hit an intraday low of 73.04 against the dollar on Monday, reported news agency Press Trust of India (PTI). Increased demand for the American currency from importers, high global crude oil prices amid dollar's strength against some currencies overseas weighed on the domestic currency, traders said. International benchmark Brent crude was trading 2.04 per cent higher at $71.61 per barrel. The rupee is still down 13.5 per cent against the greenback so far this year.

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