Page 74 - Rupee Vs Dollar

Rupee slips 5 paise to close at 74.88 against US dollar on muted equities

The rupee declined 5 paise to close at 74.88 (provisional) against the US dollar on Thursday, weighed down by the strength of the American currency and muted domestic equities.

Don't blame Covid alone: $5 trn economy goal to be delayed by two years

Next three years will have to deliver 17% nominal GDP growth to take economy to $5 trn by FY25; If Budget assumption on growth is accepted, FY24 and FY25 should yield 20% growth each

Rupee slips 17 paise to close at 74.82 against dollar on higher borrowing

The rupee pared its initial gains and settled 17 paise lower at 74.82 (provisional) against US dollar on Tuesday on the back of higher-than-expected borrowing in the next financial year.

Rupee snaps losing streak, rises 5 paise to close at 75.04 against dollar

The rupee snapped its three-day losing streak to close 5 paise higher at 75.04 (provisional) against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs. However, the rebound in the rupee was restricted amid weakness in domestic equities, analysts said. Forex traders said geopolitical tensions, elevated crude oil prices and hawkish US Fed stance also weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 75.12 a dollar and witnessed an intra-day high of 74.88 and a low of 75.13. The domestic unit finally settled at 75.04 (provisional) against the American currency, up 5 paise over its last close of 75.09. Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.11 per cent to 97.35. "The Indian rupee managed to stabilise after sharp sell-off in the last three days and retraced from one-month low on expectation of better dollar inflows from upcoming IPOs a

Rupee slumps 30 paise to 75.08 against US dollar after hawkish Fed stance

Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar

Rupee falls by 16 paise to close at 74.76 against US dollar

The rupee on Tuesday depreciated by 16 paise to close at 74.76 (provisional) against the US dollar due to month-end dollar demand from oil importers and a stronger dollar in overseas markets.

Rupee falls by 19 paise to 74.62 against US dollar on high crude prices

The rupee on Monday slumped by 19 paise to 74.62 against the US dollar at close due to high crude oil prices, forex outflows and heavy losses in domestic equities amid growing geo-political worries.

Rupee slips 7 paise to close at 74.51 against dollar on weak market trend

The rupee on Thursday slipped 7 paise to close at 74.51 (provisional) against the US dollar, tracking a lacklustre trend in the domestic equity market.

Rupee gains 15 paise to 74.29 against US dollar in opening trade

The rupee appreciated by 15 paise to 74.29 against the US dollar in opening trade on Thursday, even as the domestic equity market was trading with significant losses. At the interbank foreign exchange, the rupee opened at 74.43 against the American dollar, then inched higher to 74.29, registering a rise of 15 paise from the last close. In the previous session, the rupee settled at 74.44 against the greenback. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 per cent higher at 95.53. The US Dollar, along with benchmark 10-year yields and crude prices came off multi-year highs and could lend support to the domestic unit, Reliance Securities said in a research note. However, investors will remain cautious ahead of the US Federal Reserve's meeting due next week, it added. On the domestic equity market front, the 30-share Sensex was trading 383.54 points or 0.64 per cent lower at 59,715.28, while the broader NSE Nifty decline

Rupee snaps 3-day losing streak, settles 14 paise higher at 74.44

The rupee snapped its 3-day losing streak to settle 14 paise higher at 74.44 (provisional) against the US dollar on Wednesday

Rupee continues to fall for 3rd day, slumps 33 paise to close at 74.58

Continuing its fall for the third consecutive session, the rupee on Tuesday slumped 33 paise to close at 74.58 (provisional) against the US dollar

Rupee dips 9 paise to close at 74.24 against US dollar on rising oil prices

The rupee fell 9 paise to close at 74.24 (provisional) against the US dollar as muted domestic equities and elevated crude oil prices weighed on investor sentiments

Rupee slumps 25 paise to close at 74.15 against dollar over muted equities

The rupee on Friday slumped 25 paise to close at 74.15 (provisional) against the US dollar, as muted domestic equities and elevated crude oil prices weighed on investor sentiments.

Rupee falls 19 paise to 74.09 against US dollar in early trade on Friday

The rupee declined by 19 paise to 74.09 against the US dollar in opening trade on Friday, as muted domestic equities and elevated crude oil prices weighed on investor sentiments

Rupee rises for 5th day, inches up 3 paise to 73.90 against US dollar

Strengthening for the fifth straight session, the rupee climbed 3 paise to close at 73.90 against the US dollar on Thursday, tracking a weak greenback overseas. Weak macroeconomic data and elevated crude oil prices restricted the upward bias for the local unit, forex traders said. At the interbank forex market, the rupee opened at 73.91 against the greenback and witnessed an intra-day high of 73.84 and a low of 73.97. It finally settled at 73.90, a rise of 3 paise over its previous close. In the previous session, the rupee had settled almost flat at 73.93 against the US dollar. On the domestic equity market front, the BSE Sensex ended 85.26 points or 0.14 per cent higher at 61,235.30, while the broader NSE Nifty advanced 45.45 points or 0.25 per cent to 18,257.80. Meanwhile, the dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.12 per cent to 94.80. Brent crude futures, the global oil benchmark, was trading 0.26 per cent higher at US

Rupee gains 16 paise to 73.78 against US dollar in early trade

The rupee appreciated by 16 paise to 73.78 against the US dollar in opening trade Wednesday, supported by the weakening of the American currency in the overseas market and positive domestic equities

Rupee gains 31 paise to close at 74.03 against US dollar amid robust buying

The rupee surged 31 paise to close at 74.03 (provisional) against the US dollar on Monday amid robust buying in domestic equities.

Rupee falls 11 paise to close at 74.49 against US dollar on Thursday

The rupee on Thursday slumped 11 paise to close at 74.49 (provisional) against the US dollar, tracking the strength of the American currency in the overseas market after hawkish US Fed minutes.

Rupee declines 6 paise to 74.44 against US dollar in early trade

The rupee declined by 6 paise to 74.44 against the US dollar in opening trade on Thursday

Rupee jumps 23 paise to close at 74.35 against US dollar on Wednesday

The rupee surged 23 paise to close at 74.35 (provisional) against the US dollar on Wednesday, tracking gains in domestic equity markets. At the interbank forex market, the local unit opened up at 74.54 against the greenback and witnessed an intra-day high of 74.30 and a low of 74.55. It finally settled at 74.35, a rise of 23 paise over its previous close. In the previous session, the rupee tumbled 30 paise to close at 74.58 against the US dollar. "Rupee erased previous day's loss on stronger domestic equities and the weaker dollar index. Dollar selling on behalf of big corporates also added strength in rupee while central bank remains aside from intervening," said Dilip Parmar, Research Analyst, HDFC Securities. The market is also positioning for better dollar inflows this quarter amid big bang IPOs plans, Parmar added. Dollar index reversed gains taking cues from fall in US Treasury bond yields ahead of the Federal Open Market Committee (FOMC) meeting minutes. "USD/INR expected