Page 23 - Currency

Turkish lira slums toward record low on central bank woes, yen gains

The Turkish lira slumped toward a record low versus the dollar after President Erdogan stunned investors over the weekend by replacing the hawkish central bank governor with a critic of high rates

Rupee becomes only Asian currency to gain in month of sweeping losses

The rupee has advanced 1.3% in March, boosted by $2.4 billion of overseas purchases of local stocks, including inflows related to initial public offerings

Rupee depreciates 3 paise to Rs 72.56 against US dollar in early trade

The rupee depreciated by 3 paise to 72.56 against the US dollar in opening trade on Friday, as muted opening in domestic equities weighed on investor sentiment

Rupee inches 5 paise higher to 72.88 against US dollar in early trade

The Indian rupee inched higher on Wednesday, adding to the 32 paise jump in the previous session, tracking a pullback in US treasury yields and positive domestic equities

Rupee surges 18 paise to 73.07 against the US dollar in early trade

The rupee appreciated by 18 paise to 73.07 against the US dollar in opening trade on Tuesday supported by positive domestic equities

Rupee falls 14 paise to 73.16 against the US dollar in early trade

The Indian rupee slumped 14 paise to 73.16 against the dollar in opening trade on Monday, as rising crude oil prices and strengthening of the US currency in the overseas market weighed on sentiment

RBI's currency strategy flooding the market with more foreign funds

The RBI's outstanding forwards book grew to $28.3 billion as of November from a negative $4.9 billion in the fiscal year 2019-20, highlighting the extent of its operations

Rupee tumbles 6 paise to close at 73.02 against dollar on Budget day

The rupee depreciated by 6 paise to close at 73.02 (provisional) against the US dollar on Monday, tracking a rebound in the American currency overseas

Rupee rises to 72.88 against US dollar in early trade ahead of Budget 2021

The rupee rises by 8 paise to 72.88 against the US dollar in opening trade on Monday ahead of the Union Budget 2021-22 presentation in Parliament

Rupee slips 3 paise to 73.07 against the US dollar in early trade

The rupee opened on a flat note and depreciated 3 paise to 73.07 against the US dollar in opening trade on Friday tracking the muted opening in domestic equities.

Rupee falls 24 paise to 73.48 against the US dollar in early trade

The rupee depreciated 24 paise to 73.48 against the US dollar in opening trade on Monday, tracking a rebound in the American currency even as domestic equities were trading with significant gains

Rupee rises 3 paise to 73.08 against the US dollar in early trade

The rupee appreciated 3 paise to 73.08 against the US dollar in opening trade on Thursday, tracking positive domestic equities and weak American currency

Rupee opens flat, rises 3 paise to 73.14 against US dollar in early trade

The rupee opened on a flat note and appreciated 3 paise to 73.14 against the US dollar in opening trade on Wednesday tracking most Asian currencies amid concerns about more lockdowns

Rupee slips 13 paise to 73.15 against the US dollar in early trade

The rupee depreciated by 13 paise to 73.15 against the US dollar in opening trade on Tuesday tracking the muted opening in domestic equities

Rupee surges 21 paise to 72.90 against the US dollar in early trade

The rupee appreciated by 21 paise to 72.90 against the US dollar in opening trade on Monday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market

Rupee slips 4 paise to 73.11 against the US dollar in early trade

The rupee depreciated by 4 paise to 73.11 against the US dollar in opening trade of the first session of the New Year as market participants remained on the sidelines due to lack of fresh cues

Rupee surges 19 paise to 73.12 against the US dollar in early trade

The rupee appreciated by 19 paise to 73.12 against the US dollar in opening trade on Thursday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market

Asian shares set to end 2020 at record high, riskier currencies in favour

Asian shares edged up and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies

Rupee surges 9 paise to 73.33 against the US dollar in early trade

The rupee appreciated by 9 paise to 73.33 against the US dollar in opening trade on Wednesday supported by sustained foreign fund inflows and weakness in the American currency in the overseas market

Rupee rises 11 paise to 73.38 against the US dollar in early trade

The rupee added another 11 paise to trade at 73.38 against the US dollar in opening session on Tuesday in line with stronger Asian peers and positive domestic equities