Page 37 - Finance News Analysis

Rupee advances 22 paise to 76.78 against US dollar in early trade

The rupee advanced 22 paise to 76.78 against the US dollar in the opening trade on Wednesday, supported by the weakness in the American dollar and recovery in domestic equity markets.

Rupee inches 5 paise higher; bond yield tests 6.9%

Bond yields, on the other hand, remained elevated as crude oil prices hovered around $130 barrel.

RBI's dollar-rupee sell-swap auction sees three times more bids

In the auction, the RBI has accepted $5.135 billion against the notified amount of $5 billion

Rupee plummets 76 paise to 76.93/USD as oil soars amid Ukraine crisis

The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks

Rupee sinks to record low with stocks as Ukraine crisis boosts oil

The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation's oil-import bill

Inflationary fears: Rupee hits record low at over 77 against Dollar

High commodity prices as well as outflow of foreign funds from equity markets dragged Indian rupee to a new record low against the US Dollar

Rupee slumps 49 paise to 75.82 against US dollar in early trade

Forex traders said sustained foreign fund outflows, a lacklustre trend in domestic equities and elevated crude oil prices weighed on investor sentiment.

Russia-Ukraine crisis: Rupee cuts losses after RBI intervention

The rupee weakened 0.95 per cent against the dollar in February

Rupee crashes 40 paise to 75.73 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.78 per cent higher at 97.37.

Forex reserves jump by $2.76 bn to $632.95 bn: RBI data

In the previous reporting week, the overall reserves had declined by USD 1.763 billion to USD 630.19 billion

Rupee rebounds 27 paise to 75.33 against US dollar

The rupee appreciated by 27 paise to close at 75.33 against the US dollar on Friday in line with regional currencies, following a retreat in crude oil prices and a rebound in domestic equities.

India may set up rupee trade accounts with Russia after sanctions: Report

India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on New Delhi of Western sanctions imposed on Moscow, sources said

Rupee rebounds 32 paise to 75.28 against US dollar in early trade

Forex traders said markets will continue to remain volatile, and investors continued to keep a watch on the latest developments in eastern Europe.

Rupee slips 31 paise to close at 74.86 against US dollar amid Ukaine crisis

The rupee depreciated by 31 paise to 74.86 (provisional) against the US currency on Tuesday as riskier assets took a hit amid deepening geopolitical tensions

Indian rupee slumps 24 paise to 74.79 against US dollar in early trade

Forex traders said sustained foreign fund outflows, a lacklustre trend in domestic equities and elevated crude oil prices weighed on investor sentiment.

Rupee extends gains for 5th day, rises by 11 paise as dollar, crude weaken

Rising for the fifth straight day, the rupee extended gains by 11 paise to close at 74.55 (provisional) against the US dollar on Monday on the back of a weak dollar and softer crude oil prices

Rupee rises by 22 paise to 74.44 against US dollar in early trade

Reports suggested that the US and Russia have agreed to hold a summit on the Ukraine standoff, calming jittery investors.

Rupee spurts by 40 paise to over two-week high against US dollar

The rupee spurted by 40 paise, its biggest single-day gain in over three months, to settle at a more than two-week high of 74.66 against the US dollar on Friday on hopes of a diplomatic solution to the East-West standoff over Ukraine.

Indian rupee slips 14 paise to 75.18 against US dollar in early trade

Forex traders said sustained foreign fund outflows and elevated crude oil prices too weakened the rupee.

Indian rupee gains 18 paise to 75.14 against US dollar in early trade

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 96.04.