Page 43 - Rupee Vs Dollar

Strong foreign inflows buoy rupee, government bonds reverse losses

The index measures strength in the Greenback against a basket of six major currencies

Bears crush Nifty's 20,000-mark dream, send Sensex 888 pts down; here's why

The S&P BSE Sensex crashed over 1,000 points to hit day's low of 66,534 levels, while Nifty50 crashed 279 points to day's low of 19,700 levels

Rupee falls 12 paise to 82.05 as domestic equities weighed on sentiments

The rupee depreciated 12 paise to 82.05 against the US dollar in early trade on Friday as a negative trend in domestic equities and firm crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.03, then touched 82.05, registering a decline of 12 paise over its last close. On Thursday, the rupee had settled at 81.93 against the dollar. As inflows dominate and the Reserve Bank of India (RBI) continues to hold US dollar near 81.90, the rupee is likely to remain range-bound, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Bhansali further said, "the important aspect to be watched is the Federal Open Market Committee (FOMC) on July 26, where the 'US FED speak' will be closely watched." The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 100.78 on good retail sales data from the US. Brent crude futures, the global oil .

Rupee rises 6 paise to 82.02 against dollar due to steady foreign inflows

The rupee gained 6 paise to 82.02 against the US dollar in early trade on Thursday supported by steady foreign fund inflows. However, a surge in crude oil prices capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange, the domestic unit opened at 82.05, then touched a high of 82.02 against the American currency, registering a rise of 6 paise over its last close. On Wednesday, the rupee had settled at 82.08 against the dollar. Softness in the US dollar and sustained FII inflows supported the rupee, forex traders said, adding that the strength in crude oil prices remains a concern for the local unit, as a sharp surge in prices could limit its gains. Participants in the rupee and dollar markets are eagerly awaiting cues from the upcoming Federal Reserve rate decision next week, traders said. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.22 per cent to 100.06. Brent crude futures, the global oi

Rupee settles flat at 82.03 against dollar, supported by positive equities

The rupee consolidated in a narrow range and settled flat at 82.03 (provisional) against the US dollar on Tuesday, as the support from positive domestic equities and weak American currency was negated by rising crude oil prices. Market participants remained cautious ahead of retail sales data from the US and the UK's inflation data this week, forex traders said. At the interbank foreign exchange market, the rupee opened at 82.01 against the US dollar and finally settled at 82.03 (provisional), unchanged from its previous close. During the session, the domestic unit witnessed an intra-day high of 81.97 and a low of 82.07. In the previous session on Monday, the rupee had closed at 82.03 against the dollar. The rupee traded with a slight positive bias on a soft dollar and bullish domestic markets. Domestic markets hit new record highs which boosted the local currency. The US dollar has declined to a 15-month low on rising expectations of just one more rate hike by the US Federal Res

Rupee appreciates 21 paise to 82.38 against US dollar in early trade

The rupee gained 21 paise to 82.38 against the US dollar in early trade on Tuesday supported by a bullish trend in domestic markets and steady foreign fund inflows. However, a surge in crude oil prices capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange, the domestic unit opened at 82.42, then touched a high of 82.38 against the American currency, registering a rise of 21 paise over its last close. On Monday, the rupee had settled at 82.59 against the dollar. Softness in the US dollar and sustained FII inflows supported the rupee, forex traders said adding that the strength in crude oil prices remains a concern for the rupee, as a sharp surge in prices could limit its gains. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 101.81. Brent crude futures, the global oil benchmark, rose 0.54 per cent to USD 78.11 per barrel. "Markets now brace for a slew of inflation data later i

Rupee hits six-week low against US dollar, loses 1% against greenback

Stronger-than-expected job data firmed up expectation of further interest rate hike by the US Federal Reserve

Rupee up 4 paise at 81.87 against dollar on bullish trend in domestic mkt

The rupee gained 4 paise to 81.87 against the US dollar in early trade on Tuesday supported by a bullish trend in domestic markets and steady foreign fund inflows. However, a strong US dollar and surge in crude oil prices capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange, the domestic unit opened at 81.90 against the dollar and then rose to 81.87, registering a gain of 4 paise over its previous close, as benchmark indices touched all-time highs. In initial trade, the rupee also touched a low of 81.95 against the American currency. On Monday, the rupee closed at 81.91 against the US currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 103.01. Brent crude futures, the global oil benchmark, advanced 0.63 per cent to USD 75.12 per barrel. Traders further said the rupee's direction will likely be influenced by the release of the Federal Open Market Committee (F

Rupee appreciates 33 paise to 81.77 against US dollar in early trade

The rupee gained 33 paise to 81.77 against the US dollar in early trade on Monday supported by sustained foreign fund inflows and bullish momentum in domestic equities as benchmark indices touched all-time highs. At the interbank foreign exchange, the domestic unit opened at 82.01 against the dollar and then rose to 81.77, registering a gain of 33 paise over its previous close. On Friday, the rupee closed at 82.10 against the US currency. Forex traders said the rupee is trading on a positive note on significant foreign fund inflows and positive macro economic indicators. According to Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP, the rupee is likely to trade in the range of 81.90 to 82.20 during the day. "... Rupee looks to remain in the above range as Macro data from India comes out much better than most other countries. The GST figures, the core sector growth were all better than expected," Bhansali said. Foreign Portfolio Investor

Fresh records on D-St! Sensex ends atop 64,700, up 803 pts; leaps 10% in Q1

CLOSING BELL ON JUNE 30, 2023: The NSE Nifty 50 was up 217 points on Friday. While the NSE benchmark ended 3.5 per cent higher in June, the index registered a 10.5 per cent gain for Q1FY24.

Indian rupee may struggle on more Fed rate hike bets, US yields surge

Non-deliverable forwards indicate rupee will open at around 82.08 to the US dollar compared with 82.0550 in the previous session

HDFC merger boost lifts Sensex 446 pts; Nifty ends atop 18,800; VIX down 6%

CLOSING BELL ON JUNE 27, 2023: HDFC-HDFC Bank set July 01 as the merger date; stocks end with gains of around 1.5 per cent each. Cyient DLM IPO sails through on Day 1, subscribed 1.9x as of 3:50 PM.

Auto, Pharma stocks shine in lacklustre trade; IdeaForge IPO subscribed 3x

CLOSING BELL ON JUNE 26, 2023: The Sensex ended on a flat note, down 9 points, while the NSE Nifty 50 gained 26 points in trade on Monday.

Rupee trades almost flat at 81.95 against US dollar in early trade

The rupee traded almost flat at 81.95 against the US currency in the opening trade on Monday amid gains in local stocks and losses in the dollar against major rivals in global markets. The domestic currency opened lower by 4 paise at 82.00 against the dollar at the interbank foreign exchange market. The currency moved in a narrow range before trading at 81.95 against the greenback, appreciating just 1 paisa compared to the closing level of 81.96 on Friday. The dollar index, which gauges the greenback's strength against a basket of six currencies, eased 0.16 per cent to 102.73. Crude oil price benchmark Brent crude was up 0.19 per cent to USD 73.99 per barrel. In the domestic equity market, the 30-share BSE Sensex rose 105.07 points or 0.17 per cent to 63,084.44 points and the broader Nifty gained 49.15 points to 18,714.65 points in early trade. Foreign Portfolio Investors (FPIs) were net sellers in the capital market on Friday as they offloaded shares worth Rs 344.81 crore, accord

Corporate dollar inflows boost rupee to a one-month high; gains 27 paisa

The Reserve Bank of India (RBI) has been active in the foreign exchange market in recent times and mopped up dollars to boost its foreign exchange reserves

Rupee appreciates by 7 paise to 82.40 against US dollar in early trade

The rupee gained 7 paise to 82.40 against the US dollar in early trade on Monday amid easing crude oil prices and a positive trend in domestic equities. At the interbank foreign exchange, the rupee opened at 82.45 against the dollar, then rose to 82.40, registering a gain of 7 paise over its previous close. On Friday, the rupee closed at 82.47 against the US currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 103.62. Brent crude futures, the global oil benchmark, declined 1.12 per cent to USD 73.95 per barrel. "A huge week is setting up on the macroeconomic front, with the Federal Reserve and the European Central Bank both scheduled to decide on interest rates and update on monetary policy amid persistent inflation," Anil Kumar Bhansali, Head of Treasury at Finrex Treasury Advisors LLP, said. Bhansali further added that rupee will continue to trade in the small range as the Reserve Bank is protecti

Sensex dips for 2nd day, falls 223pts; Nifty gives up 18,600; IEX tanks 10%

CLOSING BELL, JUNE 9, 2023: Tata Steel, HUL, State Bank of India (SBI), Infosys, HCL Tech, Asian Paints, ITC, TCS, and RIL were the top laggards

Sensex sinks 294 pts as RBI keeps repo rate unchanged, Nifty nears 18,600

Stock market live updates: Ahead of the Reserve Bank of India's (RBI) monetary policy outcome, the SGX Nifty, on Thursday indicated a flat start to the bourses, quoting 18,823 levels

Sensex up 350 pts, ends atop 63K; Nifty tops 18,700 amid broad-based buying

Stock market live updates: The SGX Nifty signaled a firm start on Wednesday as it rose over 50 points to 18,745 levels

Sensex, Nifty stage smart recovery in fag-end; IT stocks weak, auto rally

Stock market live updates: Tracking weak global handover, the SGX Nifty, on Tuesday, indicated a subdued start as it quoted 18,694 levels, down 31-odd points