Page 64 - Finance News Analysis
Rupee opens 8 paise higher against US dollar amid soaring oil prices
The domestic unit tumbled 44 paise to close at 69.67 on Monday amid higher dollar demand from importers and rising crude oil prices.
 "Rupee opens 8 paise higher against US dollar amid soaring oil prices")
Rupee opens 10 paise lower at 69.33 against US dollar
The domestic unit had closed at 69.23, down 6 paise on Friday, owing to increasing demand for the greenback from importers.
Rupee opens 12 paise lower at 68.53 against the US dollar
The domestic currency surged by 33 paise to close at 68.41 amid the greenback's weakness against key rivals overseas, even as oil prices firmed up on supply concerns.
Rupee opens flat at 68.72 against US dollar amid rise in crude oil prices
On Tuesday, the currency recovered from the day's low to finally settle at 68.74 with gains of 40 paise amid sustained foreign fund inflows and heavy buying in domestic equities.
Rupee opens 13 paise lower at 69.27 against US dollar
The domestic unit had closed 16 paise higher at 69.14 on Friday on persistent foreign fund inflows and heavy buying in domestic equities.
 "Rupee opens 13 paise lower at 69.27 against US dollar")
Forex kitty continues to swell for the third week, crosses $406.7 billion
Forex reserves had increased by USD 3.6 billion to USD 405.6 billion in the previous reporting week driven by an increase in foreign currency assets
 "Forex kitty continues to swell for the third week, crosses $406.7 billion")
Rupee opens 6 paise higher at 69.24 against US dollar
The domestic unit slumped 42 paise to end at 69.30 on Thursday, its second straight session of decline, in line with other Asian currencies amid strengthening of the greenback.
Rupee opens 23 paise lower at 69.11 against US dollar
The domestic unit weakened marginally by 2 paise to close at 68.88 on Wednesday on the strengthening of the American currency and robust selling in domestic equities.
Rupee declines 13 paise against US dollar in early trade
On Tuesday, the domestic unit appreciated by 10 paise to end at 68.86 following a robust response to RBI's maiden rupee-dollar swap auction.
Success of India's $5-bn swap auction might spur an encore, suggest experts
In an unusual move, the Reserve Bank of India will buy dollars from banks for three years and offer them rupees in return
 "Success of India's $5-bn swap auction might spur an encore, suggest experts")
Rupee opens 8 paise higher at 68.88 against US dollar
The domestic unit ended almost flat at 68.96 per US dollar Monday as participants preferred to wait on the sidelines to see the outcome of RBI's first-ever rupee-dollar swap auction.
 "Rupee opens 8 paise higher at 68.88 against US dollar")
Rupee opens 11 paise lower against US dollar amid weak global cues
On Friday, the domestic unit declined by 12 paise to close at 68.95 on the rise in demand for the greenback from importers and sell-off in domestic equities.
Rupee opens 19 paise higher at 68.64 against US dollar
The domestic unit on Wednesday recovered by 13 paise to close at 68.83 amid sustained buying by foreign investors in domestic equity markets and lower crude prices.
Rupee opens 9 paise lower at 69.05 against US dollar
On Tuesday, the currency halted its six-day winning run to close 43 paise lower at 68.96 on emergence of demand for the greenback from importers.
Rupee slips marginally, opens at 68.55 against US dollar
In the last six trading sessions, the rupee has appreciated by 161 paise.
Rupee hits 9-month high of 68.53 a dollar on increased portfolio flow
RBI's proposal to swap $5 billion with banks is also viewed positively by the market
 "Rupee hits 9-month high of 68.53 a dollar on increased portfolio flow")
Rupee extends rally, surges 18 paise to gain past 69 mark in early trade
Overseas investors poured in more than Rs 20,400 crore in the domestic capital market in the first half of March, mainly driven by positive global cues.
Rupee at 2019 high, gains 22 paise against US dollar in early trade
The currency in the four sessions to Thursday has appreciated by 80 paise or 0.8 per cent on hopes of forex inflows.
Rupee appreciates further, gains 6 paise to 69.65 against US dollar
The domestic unit strengthened below the 70-a-dollar mark to end at 69.71 on Tuesday.
Rupee opens 14 paise higher at 69.75 against US dollar
The domestic unit on Monday advanced by 25 paise to close at 69.89, in line with a strong rally in domestic equities, reflecting positive investor sentiments.