Page 40 - Finance News Analysis

Rupee declines by 13 paise to 75.16 against US dollar in early trade

The rupee declined by 13 paise to 75.16 against the US dollar in opening trade on Monday, as muted domestic equities and persistent foreign fund outflows weighed on the local unit.

Indian Rupee gains 24 paise to close at 75.02 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01

Forex reserves decline by $160 million to $635.67 billion

Gold reserves rose by $475 million to $39.183 billion in the reporting week

Rupee gains 14 paise to 75.12 against US dollar in early trade

The rupee appreciated 14 paise to 75.12 against the US dollar in opening trade on Friday, as risk appetite improved amid easing fears of fallout from the Omicron coronavirus variant.

Indian Rupee jumps 30 paise against US dollar to end day at 75.24

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.03 per cent to 96.10

Rupee rises for fifth straight day, ends 5 paise up at 75.54 against USD

Lower crude prices in the international market and a subdued dollar overseas also supported the local unit, forex dealers said

Rupee gains 11 paise to 75.48 against US dollar in early trade

The rupee appreciated 11 paise to 75.48 against the US dollar in opening trade on Wednesday, tracking a positive trend in domestic equities.

Indian Rupee jumps 31 paise to end at 75.59 against US dollar

At the interbank forex market, the domestic unit opened strong at 75.74 against the greenback and witnessed an intra-day high of 75.41 and a low of 75.74 during the day's trade

Dollar consolidates as risk appetite recovers; Turkish lira rockets

Major currencies held within well-worn trading ranges

Rupee gains 17 paise to 75.73 against US dollar in opening session

The rupee appreciated 17 paise to 75.73 against the US dollar in the opening session on Tuesday, tracking heavy buying in domestic equities

As global funds shun India, rupee turns into worst currency in Asia

The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.

Dollar steady, riskier currencies fall on Omicron variant fears

With last week's slew of major central bank meetings out of the way, investors turned their focus to the rapid spread of the variant

Rupee firms up 16 paise to 75.90 against USD on easing crude prices

The rupee notched up gains for a third straight session on Monday, rising further by 16 paise to settle at 75.90 (provisional) against the US dollar

India's foreign exchange reserves dip down by $77 mn in December

India's foreign exchange reserves inched lower by $77 million during the week ended December 10.

Rupee firms up gains to end at 76.06 against dollar on Friday

The rupee pared its initial losses to settle marginally higher by 3 paise at 76.06 against the US dollar on Friday

Indian Rupee rises 23 paise to end day at 76.09 against US dollar

Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.37 per cent to 96.15

In tandem: Steady depreciation in rupee spells trouble for stock prices

Analysts say a currency depreciation creates an inflationary overhang in the economy, depressing equity valuation

Rupee plunges 40 paise to 20-month low against dollar on low risk appetite

The rupee had closed near this level on April 24, 2020, previously

Rupee slumps 22 paise, slips below 76/$ level in early trade

The rupee declined 22 paise and slipped below the 76 per US dollar level in opening trade on Wednesday as persistent foreign fund outflows and Omicron worries kept the pressure on the local unit

Indian Rupee declines by 10 paise to 75.88 against US dollar

In the previous session, the rupee had settled at 75.78 against the greenback