Page 55 - Finance News Analysis

Rupee depriciates13 paise to 73.41 against US dollar in early trade

The rupee depreciated 13 paise to 73.41 against the US dollar in opening trade tracking strengthening American currency

Rupee edges 3 paise higher at 73.13 against US dollar in opening trade

The Indian rupee traded with moderate gains of 3 paise at 73.13 against the US dollar in the opening session on Monday, tracking softer crude oil prices and sustained buying in domestic equities

Rupee rises 15 paise to 73.09 against US dollar in early trade

The rupee gained 15 paise to 73.09 against the US dollar in early trade on Friday as the Reserve Bank of India decided to keep benchmark interest rate unchanged

Rupee rises 5 paise to 73.28 against US dollar in early trade

The rupee opened on a flat note and inched 5 paise higher to 73.28 against the US dollar in early trade on Thursday supported by positive domestic equities and weak American currency

Rupee appreciates 14 paise to 73.15 against US dollar in early trade

The rupee strengthened by 14 paise to 73.15 against the US dollar in opening trade on Tuesday, helped by positive domestic equities and weak American currency

Rupee depreciates 8 paise to 73.21 against US dollar in early trade

The rupee depreciated 8 paise to 73.21 against the US dollar in opening trade on Monday even as the domestic equity market was trading with significant gains

After record high, forex reserves decline $3 bn to $542 bn: RBI data

During the reporting week, the decline in the forex kitty was mainly due to a fall in foreign currency assets (FCAs), a major component of the overall reserves

Rupee surges 22 paise to 73.54 against US dollar in early trade

The rupee strengthened by 22 paise to 73.54 against the US dollar in opening trade on Thursday, as positive domestic equities and weak American currency buoyed investor sentiments

Rupee appreciates 6 paise to 73.55 against US dollar in early trade

The Indian rupee advanced 6 paise to 73.55 against the US dollar in opening trade on Monday tracking weak American currency and positive domestic equities

Rupee depreciates 26 paise to 73.83 against US dollar in early trade

The rupee depreciated 26 paise to 73.83 against the US dollar in opening trade on Thursday as selloff in domestic equities and significant foreign fund outflows weighed on investor sentiment

Decoded: 5%  tax on foreign fund transfers that may go up to 10% for some

For education-related foreign remittances funded by loans, though, the tax will be just 0.5% for amount above Rs 7 lakh, but will go up to 5% if PAN is not provided

Rupee skids 13 paise to 73.51 against US dollar in early trade

The rupee depreciated 13 paise to 73.51 against the US dollar in opening trade on Tuesday tracking muted domestic equities

Rupee appreciates 11 paise to 73.34 against US dollar in early trade

The rupee strengthened 11 paise to 73.34 against the US dollar in opening trade on Monday supported by weak American currency

Forex reserves down by $353 million to $541.66 billion: RBI data

After touching a life-time high in the previous week, the country's foreign exchange reserves declined by $353 million to $541.660 billion in the week ended September 11, according to RBI data

Rupee appreciates 33 paise to 73.33 against US dollar in early trade

The rupee strengthened by 33 paise to 73.33 against the US dollar in opening trade on Friday as weak American currency and positive domestic equities buoyed investor sentiment

Rupee tumbles 24 paise to 73.76 against US dollar in early trade

The rupee depreciated 24 paise to 73.76 against the US dollar in opening trade on Thursday tracking muted domestic equities and strengthening American currency

Rupee appreciates 15 paise to 73.33 against US dollar in early trade

The rupee strengthened by 15 paise to 73.33 against the US dollar in opening trade on Tuesday as weak American currency and positive domestic equities strengthened investor sentiment

Rupee rises 21 paise to 73.32 against US dollar in early trade

The rupee strengthened by 21 paise to 73.32 against the US dollar in opening trade supported by weak American currency and positive domestic equities

RBI remains net purchaser of US dollar in July, buys $15.973 billion

The Reserve Bank continued to remain a net buyer of the US currency in July after it purchased USD 15.973 billion on a net basis from the spot market, according to its monthly bulletin

Forex reserves climb $582 million to record $542 billion: RBI data

The country's foreign exchange reserves rose by $582 million to reach a lifetime high of $542 billion in the week ended September 4, RBI data showed on Friday