Page 59 - Finance News Analysis

Rupee bounces back to fresh 30-month high of 63.41 against dollar

A breathtaking rally in domestic equities too weighed on the forex trading front

Rupee skids from 30-month high, down by 5 paise at 63.53 against dollar

After a sluggish start to 2018, the US dollar staged a rebound against other major currencies in quiet trade

Rupee jumps 12 paise, ends three-day losing streak against dollar at 64.45

The benchmark Sensex zoomed over 301 points to close at 33,250.30 while the Nifty jumped 99 points to 10,265.65

Rupee trims early gains, settles 8 paise higher at 70.06 against dollar

The rupee opened on a strong note and soared 35 paise to 69.79 a dollar against the previous close of 70.14

Panicking over rupee movement, importers start hedging

The preference of hedging instrument and tenure is also slowly changing, say currency dealers

Rupee fall sharpest since 2013 taper tantrum after China devalues yuan

The rupee closed at 70.73 a dollar, the sharpest fall in percentage terms since September 2013 when the taper tantrum sent EM currencies in a tizzy

Indian Rupee down 16 paise at 64.56 against US dollar on weak macro-data

On Tuesday the rupee had shed 3 paise at 64.40 against the US currency in a quiet session

Rupee tumbles 40 paise to 72.06 against US dollar in early trade

The domestic unit on Friday ended at 71.66, up 15 paise.

Rupee opens 21 paise higher against US dollar, slips later to 72.26

The domestic unit on Tuesday tumbled 99 paise to settle at 72.39. That marked its worst single-day fall since August 5 and the lowest closing level since November 13, 2018.

Rupee opens 23 paise higher against US dollar amid rise in crude oil prices

The domestic unit on Wednesday recovered from initial losses to settle higher by 5 paise at 71.66, extending gains for a fifth straight session.

Rupee opens at one-month high against US dollar amid positive global cues

The domestic unit on Thursday climbed 52 paise to end at 71.14 as signs of easing trade tensions between the US and China buoyed global markets.

Rupee opens 14 paise higher against US dollar amid rebound in oil prices

The domestic unit declined 31 paise to close at 70.87 on Monday amid rising demand for the greenback vis-a-vis other currencies overseas.

Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices

The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

Rupee to average 64.3 against US dollar in FY18: UBS report

For the full year, the rupee could average 64.3 in 2017 -18 and 65.4 in 2018-19: UBS

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

The Indian rupee closed at 68.63 a dollar, about 0.29 per cent away from its record low closing of 68.83 a dollar reached on 28 August 2013

Tough road ahead for bruised rupee amid trade war, political risks: Poll

The rupee hit 74 on the dollar on Wednesday after TV channels reported RBI Governor Urjit Patel may resign due to the spat with the govt

Reserve Bank may have bought breathing space for rupee as crude cools

The country's foreign-exchange reserves plunged $5.14 bn in the week ended October 12, the biggest drop in seven years

More trouble for rupee? Forecaster ING lowers year-end projection to 76.50

The rupee is highly correlated with oil prices, which are definitely moving higher, and that's going to make the current-account situation more difficult

Rupee opens well in early trade, bounces back 15 paise against US dollar

The rupee on Monday slumped to a record low of 72.67 a dollar in intra-day trade before closing at 72.45, showing a steep 72 paise fall on growing fears of contagion from an emerging-market rout

RBI should not sweat too much over the rupee's great fall: Here's why

The RBI and India's government, at present, are calm, which is a strong posture that must withstand the daily news, media pressure, lobbying and political taunting