Profit
Home | Market | Currency

Currency

  • Rupee Moves Higher To Close At 73 Against Dollar: 10 Things To Know
    The rupee moved higher by 12 paise against the dollar to close at 73 on Tuesday. Selling of the dollar by exporters along with easing of crude oil prices helped the rupee gain some ground. The rupee rose as much as 14 paise against the dollar during the session, to touch an intraday high of 72.98, before giving up some of those gains by the end of the day. The rupee has depreciated more than 14 per cent against the greenback so far this year.
  • Rupee Plunges By 67 Paise To Slip Below 73 Mark Against Dollar: 10 Points
    The rupee declined by 67 paise against the dollar to end at 73.12 on Monday. The sharp fall in the rupee came after two consecutive days of higher closing for the currency, in which the rupee moved 2 per cent higher against the greenback. Foreign fund outflows along with demand for the American currency from importers hurt the rupee on Monday, say analysts. At the current level, the rupee is down 14.5 per cent against the dollar so far this year.
  • Rupee Loses 34 Paise Against Dollar In Early Trade
    Rupee Vs Dollar: The rupee opened lower at 72.76 per dollar against previous close of 72.45 and dropped further to quote 34 paise down at 72.79 in opening trade.
  • Rupee Recovers 2% Against Dollar In 2 Days: 10 Things To Know
    The rupee registered its strongest single-day gain in five years on Friday, amid a plunge in crude oil prices and a spike in equity markets. The rupee strengthened by 101 paise against the greenback to settle at 72.44 for the day, marking its strongest single-day gain since September 2013. Selling of dollars by exports along with weakness in the American currency against a group of major peers supported the rupee in the forex market. Sharp advances in the domestic markets - with the benchmark indices climbing to their highest levels in more than two weeks - also boosted the rupee. Despite rising 2 per cent in two consecutive sessions, the rupee is down more than 13 per cent against the dollar so far this year.
  • Rupee Rises Most In Five Years To Return To 72 Mark Against Dollar
    A decline in oil prices and the rally in the currency also boosted bonds, which rose to their highest in nearly two months. The rupee rose as high as 72.4350 vs the dollar, gaining 1.44 per cent during trade, the most since September 19, 2013.
  • Rupee Gains 31 Paise Against Dollar As Crude Prices Fall To 7-Month Lows
    Rupee Vs Dollar: The rise was supported by dollar-selling and the US unit's weakness against some currencies overseas, traders said.
  • Rupee Jumps By 50 Paise To Log Its Biggest Single-Day Gain In 3 Weeks: 10 Points
    The rupee moved 50 paise higher against the dollar to close at 73.45 on Thursday. That marked its biggest single-day jump since October 12, when the currency had risen by 55 paise. Selling of the greenback by exporters amid easing crude oil prices and upbeat economic data supported the rupee on Thursday. The recovery in the rupee after easing of concerns over the rift between the Centre and the central bank, and improvement in India's position in the World Bank's annual 'ease of doing business' ranking.
  • Sinking INR To Take Longer Than Expected To Recover, Say Experts: 10 Points
    The rupee rose marginally by 11 paise to 73.84 against the dollar in early trade on Thursday, reported news agency Press Trust of India (PTI). The dollar's weakness against some currencies overseas supported the rupee's recovery, traders were quoted as saying in the PTI report. The easing of concerns on the rift between the government and Reserve Bank of India (RBI) also supported the domestic currency, they said. On Wednesday, the rupee breached 74-mark in the session before closing at 73.95, the lowest level in nearly three weeks.
  • Rupee Edges Higher Against Dollar
    Rupee Vs Dollar: At the interbank foreign exchange, after opening higher at 73.88 rupee strengthened further to quote at 73.84 against the dollar registering a recovery of 11 paise over its previous close.
  • Rupee May Hit New Record Low In A Month, Forecasts Poll
    Rupee Vs Dollar: There will be little respite for the bruised rupee over the coming year, depressed by an escalating US-China trade war and rising domestic political risks ahead of a general election, a Reuters poll showed.
  • Rupee Closes At Nearly 3-Week Low Against Dollar: 10 Things To Know
    The rupee closed at 73.95 against the dollar on Wednesday, the lowest level in nearly three weeks. Demand for the greenback from importers and sustained foreign fund outflows, along with strength in the US currency overseas, dragged the rupee lower. Domestic equity markets finished the day with strong gains, after see-sawing between gains and losses amid concerns on a rift between the Reserve Bank of India and the government. The rupee settled 19 paise higher from the lowest point of the day after the government stressed that the central bank has autonomy. The rupee had closed 22 paise lower at 73.68 against the dollar on Tuesday.
  • Rupee Moves Lower To Close At 73.68 Against Dollar: 10 Things To Know
    The rupee declined by 23 paise against the dollar to close at 73.68 on Tuesday. Demand for the greenback from importers amid softening crude oil prices dragged the rupee lower. A rise in the dollar overseas and weakness in domestic equity markets also impacted the currency, analysts said. The rupee is set to finish the month with a decline of more than 1.5 per cent against the American currency. It has depreciated more than 15 per cent so far this year.
  • Rupee Moves 16 Paise Lower Against Dollar
    Currency exchange rate, INR, USD: The rupee fell 16 paise to 73.61 against the US dollar in early trade on Tuesday. Increased demand of the greenback from importers and sustained foreign fund outflows hurt the rupee's sentiment, traders said.
  • India Signs $75-Billion Currency Swap Pact With Japan
    The agreement should help bring greater stability to foreign exchange and capital markets in India, the government said.
  • Rupee Closes Flat At 73.45 Against Dollar
    Despite the initial bounce, the rupee appeared to struggle, as the dollar remained broadly firm.

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

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