Rupee To Not Recover Lost Ground For A Year At Least: Poll
Business | Reuters | Thursday December 5, 2019
The Reserve Bank of India (RBI) has cut its key interest rate by 135 basis points so far this year to support a slowing economy. The year ahead outlook was the most the pessimistic for the rupee since October.
Rupee Ends Higher At 71.53 Against Dollar
Business | Press Trust of India | Wednesday December 4, 2019
Forex traders said market participants are hopeful that the Reserve Bank will go for another rate cut in the RBI policy meet on Thursday.
Rupee Declines By 27 Paise To End At 71.62 Against Dollar
Business | Edited by Anshul (with inputs from PTI) | Thursday November 28, 2019
Snapping its two-day winning run, the rupee dropped by 27 paise to settle at 71.62 against the dollar on Thursday. The month-end dollar demand from oil importers and growth concerns ahead of release of Gross Domestic Data (GDP) data led to the depreciation in the domestic currency, analysts said. After opening higher at 71.33, the rupee lost ground...
Rupee Ends At Over 2-Week High Of 71.50 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Tuesday November 26, 2019
The rupee on Tuesday rose by 24 paise to settle at an over two-week high of 71.50 against the dollar. Persistent foreign fund inflows and hopes about US-China trade logjam breakthrough boosted forex market sentiments, analysts said. After opening higher, the rupee traded in the range of 71.49-71.68, before settling at 71.50 against dollar. On Monda...
Rupee Closes Lower At 71.81 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Wednesday November 20, 2019
The rupee depreciated by 10 paise to close at 71.81 against the dollar on Wednesday. Weak Asian currencies following a flare-up in US-China tensions weighed on trader sentiments, analysts said. However, fresh foreign fund inflows and a rally in domestic stock markets restricted the fall for the rupee, they added. After opening lower at 71.80 agains...
Rupee Ends Higher At 70.69 Against Dollar
Business | Press Trust of India | Tuesday November 5, 2019
On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 473.17 crore on Tuesday, provisional exchange data showed.
Rupee Closes Higher At 70.91 Against Dollar
Business | Press Trust of India | Wednesday October 23, 2019
Easing crude oil prices propped up the local unit, though fresh capital outflows capped the gains, forex traders said.
Rupee Ends 27 Paise Higher At 71.16 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Thursday October 17, 2019
The rupee gained by 27 paise to end at 71.16 against the dollar on Thursday. The currency opened at 71.38 and moved in a range of 71.14-71.47 during the session before paring some of the gains by the end of the session. According to analysts, optimism over the Brexit deal amid falling crude oil prices along with persistent foreign fund inflows and ...
Rupee Settles Higher At 71.43 Against Dollar
Business | Press Trust of India | Wednesday October 16, 2019
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.05 per cent to 98.34.
Rupee Ends At Nearly 1-Month Low Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Tuesday October 15, 2019
The rupee on Tuesday fell by 31 paise to end at a nearly one-month low against the dollar. According to analysts, heavy dollar buying amid fresh concerns over the progress of China-US trade talks led to the depreciation in the local currency. The rupee closed at 71.54 against the dollar, down by 0.44 per cent -- the biggest one day loss in this mon...
Rupee Closes At 3-Week Low Against Dollar
Business | Press Trust of India | Monday October 14, 2019
At the forex market, the rupee opened higher at 70.83 and touched an intra-day high of 70.74 against the American currency.
Rupee Ends Marginally Lower At 71.07
Business | Press Trust of India | Wednesday October 9, 2019
Forex traders said a strong recovery in the domestic equity market and weakening of the American currency vis-a-vis other currencies overseas also helped the rupee pare initial losses.
Rupee Falls By 31 Paise To End At 70.87: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Monday September 30, 2019
The rupee settled 31 paise lower against the dollar on Monday. The local currency opened on a strong note at 70.37, then lost ground and fell to an intraday low of 70.88 against the American currency. The domestic currency finally settled at 70.87 against the dollar. According to analysts, rising demand for the greenback vis-a-vis other currencies ...
Rupee Rises By 16 Paise To End At 70.88: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Thursday September 26, 2019
The rupee settled 16 paise higher against the dollar on Thursday. The local currency opened on a strong note at 70.99 and shuttled between a high of 70.85 and a low of 71.01 during the day. The domestic currency finally settled at 70.88 against the dollar. According to analysts, investor's sentiment got a lift after US President Donald Trump said a...
Rupee Moves Lower To 71.04 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Wednesday September 25, 2019
The rupee settled 3 paise lower against the dollar on Wednesday. The local currency opened lower at 71.10, then lost further and fell to an intraday low of 71.14 against the American currency. The domestic unit finally settled at 71.04, recouping some losses. According to analysts, a weak trend in domestic stock markets, political unrest in the Uni...
Rupee To Not Recover Lost Ground For A Year At Least: Poll
Business | Reuters | Thursday December 5, 2019
The Reserve Bank of India (RBI) has cut its key interest rate by 135 basis points so far this year to support a slowing economy. The year ahead outlook was the most the pessimistic for the rupee since October.
Rupee Ends Higher At 71.53 Against Dollar
Business | Press Trust of India | Wednesday December 4, 2019
Forex traders said market participants are hopeful that the Reserve Bank will go for another rate cut in the RBI policy meet on Thursday.
Rupee Declines By 27 Paise To End At 71.62 Against Dollar
Business | Edited by Anshul (with inputs from PTI) | Thursday November 28, 2019
Snapping its two-day winning run, the rupee dropped by 27 paise to settle at 71.62 against the dollar on Thursday. The month-end dollar demand from oil importers and growth concerns ahead of release of Gross Domestic Data (GDP) data led to the depreciation in the domestic currency, analysts said. After opening higher at 71.33, the rupee lost ground...
Rupee Ends At Over 2-Week High Of 71.50 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Tuesday November 26, 2019
The rupee on Tuesday rose by 24 paise to settle at an over two-week high of 71.50 against the dollar. Persistent foreign fund inflows and hopes about US-China trade logjam breakthrough boosted forex market sentiments, analysts said. After opening higher, the rupee traded in the range of 71.49-71.68, before settling at 71.50 against dollar. On Monda...
Rupee Closes Lower At 71.81 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Wednesday November 20, 2019
The rupee depreciated by 10 paise to close at 71.81 against the dollar on Wednesday. Weak Asian currencies following a flare-up in US-China tensions weighed on trader sentiments, analysts said. However, fresh foreign fund inflows and a rally in domestic stock markets restricted the fall for the rupee, they added. After opening lower at 71.80 agains...
Rupee Ends Higher At 70.69 Against Dollar
Business | Press Trust of India | Tuesday November 5, 2019
On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 473.17 crore on Tuesday, provisional exchange data showed.
Rupee Closes Higher At 70.91 Against Dollar
Business | Press Trust of India | Wednesday October 23, 2019
Easing crude oil prices propped up the local unit, though fresh capital outflows capped the gains, forex traders said.
Rupee Ends 27 Paise Higher At 71.16 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Thursday October 17, 2019
The rupee gained by 27 paise to end at 71.16 against the dollar on Thursday. The currency opened at 71.38 and moved in a range of 71.14-71.47 during the session before paring some of the gains by the end of the session. According to analysts, optimism over the Brexit deal amid falling crude oil prices along with persistent foreign fund inflows and ...
Rupee Settles Higher At 71.43 Against Dollar
Business | Press Trust of India | Wednesday October 16, 2019
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.05 per cent to 98.34.
Rupee Ends At Nearly 1-Month Low Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Tuesday October 15, 2019
The rupee on Tuesday fell by 31 paise to end at a nearly one-month low against the dollar. According to analysts, heavy dollar buying amid fresh concerns over the progress of China-US trade talks led to the depreciation in the local currency. The rupee closed at 71.54 against the dollar, down by 0.44 per cent -- the biggest one day loss in this mon...
Rupee Closes At 3-Week Low Against Dollar
Business | Press Trust of India | Monday October 14, 2019
At the forex market, the rupee opened higher at 70.83 and touched an intra-day high of 70.74 against the American currency.
Rupee Ends Marginally Lower At 71.07
Business | Press Trust of India | Wednesday October 9, 2019
Forex traders said a strong recovery in the domestic equity market and weakening of the American currency vis-a-vis other currencies overseas also helped the rupee pare initial losses.
Rupee Falls By 31 Paise To End At 70.87: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Monday September 30, 2019
The rupee settled 31 paise lower against the dollar on Monday. The local currency opened on a strong note at 70.37, then lost ground and fell to an intraday low of 70.88 against the American currency. The domestic currency finally settled at 70.87 against the dollar. According to analysts, rising demand for the greenback vis-a-vis other currencies ...
Rupee Rises By 16 Paise To End At 70.88: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Thursday September 26, 2019
The rupee settled 16 paise higher against the dollar on Thursday. The local currency opened on a strong note at 70.99 and shuttled between a high of 70.85 and a low of 71.01 during the day. The domestic currency finally settled at 70.88 against the dollar. According to analysts, investor's sentiment got a lift after US President Donald Trump said a...
Rupee Moves Lower To 71.04 Against Dollar: 10 Things To Know
Business | Edited by Anshul (with inputs from PTI) | Wednesday September 25, 2019
The rupee settled 3 paise lower against the dollar on Wednesday. The local currency opened lower at 71.10, then lost further and fell to an intraday low of 71.14 against the American currency. The domestic unit finally settled at 71.04, recouping some losses. According to analysts, a weak trend in domestic stock markets, political unrest in the Uni...
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