Page 41 - Finance News Analysis
Rupee falls 17 paise to 75.95 against US dollar in early trade
The rupee declined by 17 paise to 75.95 against the US dollar in opening trade on Tuesday, as muted domestic equities and persistent foreign fund outflows weighed on the local unit
 "Rupee falls 17 paise to 75.95 against US dollar in early trade")
Rupee gains 15 paise to 75.63 against US dollar in early trade
The rupee appreciated 15 paise to 75.63 against the US dollar in opening trade on Monday, tracking a positive trend in domestic equities.
No runaway decline in rupee's value, may recover by March: Experts
The rupee closed at 75.78 to a dollar on Friday, an 18-month low
 "No runaway decline in rupee's value, may recover by March: Experts")
India's forex reserves decline $1.783 billion to $635.905 billion
India's foreign exchange reserves declined for the second consecutive week, ending USD 1.783 billion down at USD 635.905 billion for the week ended December 3, RBI data showed on Friday.
 "India's forex reserves decline $1.783 billion to $635.905 billion")
Rupee drops by 18 paise to 75.78 against dollar on forex outflows
The rupee dropped by 18 paise to an over 16-month low of 75.78 on Friday amid consistent foreign fund outflows and growing concerns about inflation.
Rupee declines by 8 paise to trade at 16-month low level of 75.68
The rupee declined further by 8 paise to a fresh 16-month low level of 75.68 in early trade on Friday due to continued foreign found outflows and losses in the stock market.
Rupee closes at near 18 month-low, ends at 75.52 to the dollar
The rupee touched 76.92 a dollar in the intraday trade on April 22 last year.
 "Rupee closes at near 18 month-low, ends at 75.52 to the dollar")
Rupee tanks to 16-month low of 75.60 against dollar on forex outflows
Meanwhile, oil prices were lifted by optimism that the Omicron mutation might not have a significant impact on oil demand
Indian rupee slips to 75.53 against US dollar on Omicron concerns
Unabated foreign fund outflows weighed on investor sentiments, traders said
Rupee recovered from lows to end nearly flat against US dollar
The rupee staged smart recovery from intra-day lows to close with a marginal 2 paise loss at 75.46 against the US dollar on Wednesday after the Reserve Bank left the key policy rate unchanged
Rupee slides 5 paise to 75.49 against US dollar in early trade
The rupee declined 5 paise to 75.49 against the US dollar in opening trade as persistent foreign fund outflows kept the pressure on the local unit
Rupee surrenders gains to end flat as rising crude prices weigh
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.05 per cent at 96.37
 "Rupee surrenders gains to end flat as rising crude prices weigh")
Indian rupee slumps 30 paise to close at 75.42 against US dollar
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent up at 96.23
India has 4th largest foreign exchange reserves in world: MoS finance
India currently has the fourth largest foreign exchange reserves in the world, Minister of State for Finance Pankaj Chaudhary told Lok Sabha on Monday.
 "India has 4th largest foreign exchange reserves in world: MoS finance")
Lower oil prices to counter Omicron fears; yet rupee to remain subdued
Besides, rising trade deficit along with fears of US tapering measures are likely to hamper any appreciation move
 "Lower oil prices to counter Omicron fears; yet rupee to remain subdued")
Forex reserves down by $2.713 million to $637.687 billion
The country's foreign exchange reserves declined by USD 2.713 billion to USD 637.687 billion in the week to November 26, RBI data showed.
Rupee trades in narrow range in morning trade against US dollar
Indian rupee was trading in a narrow range in morning trade on Friday amid uncertainties over the global economic recovery in the wake of the emergence of Omicron.
Rupee gains 22 paise to end at 74.91 against US dollar
The rupee gained 22 paise to close at 74.91 (provisional) against the US dollar Wednesday as positive domestic equities and a weak American currency in the overseas markets boosted investor sentiment
Rupee pares initial gains, settles 10 paise lower at 75.17/dollar
The rupee on Tuesday pared its initial gains to settle 10 paise lower at 75.17 (provisional) against the US dollar as investor concerns grew over fresh impact of new COVID variant on the economy
Rupee plunges by 23 paise, slips below 75 a dollar on Omicron worries
The rupee on Monday plunged by 23 paise to close at 75.12 (provisional) against the US dollar, as investors turned cautious in view of a new variant of COVID-19.