Page 60 - Finance News Analysis

Rupee to stabilise at 69/USD in FY19 on foreign inflows, fall in oil prices

FPI inflows have also resumed and should put an end to the $24.6 billion intervention by RBI

Rupee opens 26 paise higher against US dollar amid firm global cues

The domestic unit on Wednesday gained 27 paise to settle at 72.12 in line with a recovery in domestic equities.

Rupee opens flat against US dollar amid positive global cues

The domestic unit on Thursday gained 28 paise to settle at 71.84 as investor sentiment revived after China and the United States said they will resume trade talks.

Rupee opens 5 paise higher at 71.67 against US dollar

The domestic unit continued its winning momentum for a third session in a row on Friday, rising 12 paise to settle at 71.72.

Rupee tumbles 60 paise to 72 against US dollar in early trade

The domestic unit on Friday appreciated by 38 paise to close at a two-week high of 71.42 on Friday led by a rally in domestic equities and renewed hopes of the US-China trade talks.

Rupee surges 32 paise to 71.70 against US dollar in early trade

The currency settled at 72.02 to the US dollar, the lowest closing level since November 14, 2018, even as equities spurted more than 700 points at close on stimulus measures.

Rupee declines 12 paise against US dollar in early trade

On Wednesday, the domestic currency rebounded from a six-month low to end at 71.27, up 13 paise.

Rupee plunges 94 paise against US dollar amid weak global cues

On Friday, it had dived 54 paise to close at an over six-week low of 69.60 as soaring crude oil prices and a fresh flare up in US-China trade tensions weighed on emerging market currencies.

Rupee logs 6th straight gains, jumps 19 paise to 3-week high

The record rally in domestic equities too helped the rupee

Rupee dips 22 paise against dollar as the greenback recovers

The RBI, meanwhile, fixed the reference rate for the dollar at 63.7375

Rupee tumbles 71 paise against US dollar in early trade as oil prices soar

The domestic unit on Friday marched higher for the seventh straight session to close at 70.92, up 22 paise.

Rupee opens 16 paise higher against US dollar

The domestic unit on Monday recovered from day's low levels to close flat at 70.94 helped by foreign fund inflows into equities and lower global crude oil prices.

Rupee opens 28 paise higher against US dollar as crude oil price eases

The domestic unit on Tuesday weakened by another 18 paise to settle at 71.78 against the US dollar as investors fretted over higher crude oil prices.

Rupee opens 8 paise lower against US dollar amid drop in oil prices

The domestic unit on Thursday strengthened by 16 paise to close at 70.88.

Rupee opens 16 paise lower against US dollar amid weak global cues

The domestic unit on Monday depreciated by 14 paise to close at 71.02 as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy.

Rupee opens 12 paise higher against US dollar amid drop in oil prices

The domestic unit on Wednesday pared most of its initial losses and settled the day marginally down by 5 paise to 71.07.

Rupee gains 24 paise against US dollar in early trade

The domestic currency on Friday closed almost flat at 71.14 per US dollar amid hardening crude oil prices and lacklustre global cues.

Rupee struggles to make headway, down 4 paise at 66.71

Extreme caution continued to grip forex market sentiment

Rally in rupee is not surprising

The US Federal Reserve is expected to hike rates on Wednesday and the dollar has weakened marginally

Rupee continues to slide, opens 22 paise lower against US dollar

The domestic unit on Monday plunged 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia's oil facilities.