Page 34 - Finance News Analysis

Gold recovers as dollar, bond yields dip; US inflation data in focus

By Bharat Gautam

World shares hold up, Wall Street futures gain as US inflation data looms

Asian equities squeezed higher from near two-year lows and Wall Street futures also gained before the release of the keenly awaited datapoint

Rupee appreciates 17 paise to 77.17 against US dollar in early trade

The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels

RBI steps in to stem rupee fall, defends 77.50 per dollar level

Sources said the RBI aims to maintain foreign exchange reserves of $600 billion in such uncertain times

Rupee likely to hit 78 per dollar by May-end; hits fresh all-time low

The previous all-time low was hit on March 7, when the rupee ended the day at 76.97 to a dollar

Rupee reaches all-time low of 77.42 per dollar amid rising crude oil prices

The hawkish stance of the US Federal Reserve has resulted in the hardening of the US bond yields with the dollar index strengthened to 20 year high

Rupee hits all-time low; foreign exchange reserves below $600 billion

Double-digit BoP deficit seen in FY23, says Standard Chartered

Rupee weakens against US dollar in early trade, falls 38 paise to 76.73/$

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent lower at 103.61

Rupee surges 29 paise to 76.11 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 102.55.

US Dollar just off 20-year highs, rally hinges on Fed signals

Money markets are betting the Fed will raise rates as high as 3.6% by end-2023 to tame inflation at 40-year highs.

Rupee surges 8 paise to 76.40 against US dollar in early trade

The forex market was closed on Tuesday on account of Id-Ul-Fitr.

Dollar approaches 20-year highs, US Federal Reserve meeting in focus

The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation that is soaring at its fastest pace in 40 years

Rupee ends flat against US dollar amid forex outflows, oil prices decline

The rupee pared initial gains to settle almost flat against the US dollar on Monday as subdued domestic equities offset the impact of a sharp decline in global crude oil prices.

Indian Rupee settles 4 paise higher at 76.53 against US dollar

The rupee pared initial losses to settle 4 paise higher at 76.53 (provisional) against the US dollar on Thursday, tracking positive domestic equities.

Rupee falls by 23 paise to 76.65 against US dollar in early trade

The rupee declined 23 paise to 76.65 against the US dollar in the opening trade on Monday tracking the strength of the dollar in the overseas market.

India's foreign exchange reserves down $311 million to $603.7 billion

In the previous week ended April 8, the reserves had declined by USD 2.471 billion to stand at USD 604.004 billion.

ASK Investment launches long-term fund, seeks to raise Rs 1,500 cr

Category III AIF scheme has a term of four years and it will have no lock-in period

As equities rally, Rupee gains 15 paise to end at 76.15 against US dollar

The rupee appreciated by 15 paise to close at 76.15 (provisional) against the US dollar on Thursday amid a weak greenback overseas and a rally in domestic equities.

Rupee surges 19 paise to 76.31 against US dollar in early trade

The rupee appreciated 19 paise to 76.31 against the US dollar in opening trade on Wednesday, tracking positive trends among Asian and emerging market currencies

Rupee slips for third session in a row; oil near $113 a barrel

The rupee also weakened as hawkish Fed officials and dovish ECB continued to push the bond yields higher.