Rise in inflation a dampener

Business Standard

The rupee fell on Wednesday on weak local shares and the re-emergence of worries about global economic growth in the wake of bleak US housing consumer confidence data.

Rupee down on local shares, US eco data hurts

Reuters 

The rupee reversed intraday losses in afternoon trading on Wednesday helped by portfolio flows and recovery in local shares.

Rupee recoups losses on dollar inflows

The rupee touched its highest level against the dollar in nearly three months on Wednesday, supported by strong dollar inflows and a recovery in the local stock market.

Rupee hits highest level in 3 months

The rupee on Tuesday gained 33 paise to close at 49.46/47 against the US currency in line with sharp rebound in local equities amid fresh dollar selling by exporters and some banks.

Rupee gains 33 paise on dollar selling

Press Trust of India

The rupee was higher on Thursday, supported by gains in the local share market, but it was off the three-month high hit earlier due to a fall in the euro, a closely tracked indicator of global risk appetite by local currency traders.

Rupee up on shares, euro weighs

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.

Rupee at 3-month high on easing global growth worries

Paring early losses, the rupee on Wednesday gained 19 paise against the US dollar to close at a 13-week high of 49.27/28 amid FII inflows into Indian equities and continued selling of the American currency by exporters.

Rupee up 19 paise, hits 13-week high

A freak injury forced Arun Khurana to give up squash, the high-speed racquet sport, a few years back. Khurana, who was recently appointed as the head of global markets business group at IndusInd Bank, now prefers to spend his weekends playing golf.

BS People: Arun Khurana

The rupee posted its fifth straight weekly gain on Friday, aided by a gush of foreign funds as investors bet on a monetary easing to boost growth in Asia's third-largest economy.

Rupee rises for fifth straight week

Extending its rally for the third day, the rupee on Thursday rose by another 12 paise to end at a fresh three-month high of 49.15 against the dollar on bullish stocks, amid sustained dollar selling by banks and corporates.

Rupee at 3-month high, up 12 paise

Language has never been a barrier for this banker while reaching out to his customers. Sanjay Shukla, the new business head for consumer assets and sales at ING Vysya Bank, makes it a point to learn the local language once he relocates to a new city.

BS People: Sanjay Shukla

The rupee reversed early gains on Monday weighed by a weak euro and an impending decision on Greek debt deal, which offset the positive push offered by gains in local shares following a strong US non-farm payroll data.

Rupee loses steam as euro weighs

The rupee was down in afternoon trading on Monday as comfort from positive local equities was offset by caution ahead of a decision on Greece's debt deal expected at 1000 GMT, a move that will decide direction of global markets and the risk appetite.

Rupee weakens, focus on Greek debt deadline

Snapping four-session gaining spree, the rupee today lost 36 paise to close at 49.05/06 against the dollar due to fresh buying of the American currency by importers.

Rupee down 36 paise vs dollar

The rupee lost most early gains in afternoon trade on Tuesday as local equities turned negative and dollar demand from importers, most likely oil refiners, picked up.

Rupee off highs on importer demand

Snapping a four-session gaining spree, the rupee on Monday lost 36 paise to close at 49.05/06 against the dollar, due to fresh buying of the American currency by importers. Forex dealers said renewed dollar demand from importers and some banks on hopes of a further rise in the US currency&rsquo;s value in the near future also weighed against the rupee.

Rupee down 36 paise over dollar buying

Erasing initial gains, the rupee closed 15 paise down at 49.20/21 against the American currency following late weakness in local stocks amid sustained dollar demand from importers.

Rupee down 15 paise against dollar

Erasing initial gains, the rupee closed 15 paise down at 49.20/21 against the American currency, following late weakness in local stocks amid sustained dollar demand from importers. Sustained dollar demand in view of it gaining strength abroad put pressure on rupee, while continued capital inflows kept the rupee fall under check, a forex dealer said.

Rupee down 15 paise over dollar demand

A week ago when ICICI Bank announced its third quarter earnings, it thrilled investors on many counts. The bank&rsquo;s earnings were higher than street estimates, asset quality improved in an uncertain macro-economic environment, the pace of credit expansion was way past average industry growth, capital base remained strong, and the subsidiaries especially the life insurance arm displayed a robust performance.

ICICI Bank: Ready for lift-off?

The rupee moved up by 18 paise to 49.02 against the dollar on the Interbank Foreign Exchange market in early trade today on increased foreign fund inflows.

Rupee up 18 paise against dollar in early trade

Financial Analysis: Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Finance News Analysis, Financial Analysis and Research | Business Standard

Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

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