Page 78 - Rupee Vs Dollar

Dealers foresee intraday volatility in rupee due to taper tantrum

Rupee had risen rapidly last week of August, closing at 73 a dollar level on August 31, from 74.2 level on August 26 after Fed Chair Powell indicated he was in no hurry to raise rates

Rupee is set for pullback after August surge, technicals suggest

The dollar-rupee's relative strength index dropped to 22.8 last week, the lowest level in 11 months

Rupee falls 4 paise to 73.06 against US dollar in early trade on Monday

The Indian rupee declined 4 paise to 73.06 against the US dollar in opening trade on Monday, tracking a firm American currency.

Rupee appreciates 6 paise to 73.02 against US dollar in early trade

The Indian rupee appreciated 6 paise to 73.02 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities and sustained foreign fund inflows

Rupee snaps 4-day winning streak, drops 8 paise against US dollar

The rupee snapped its four-session winning run to close 8 paise lower at 73.08 against the US dollar on Wednesday

Rupee slips 5 paise to 73.05 against the US dollar in early trade

The Indian rupee opened on a flat note and slipped 5 paise to 73.05 against the US dollar in opening trade on Wednesday

Rupee rallies 29 paise to end at nearly 12-week high on dollar inflows

The rupee strengthened further by 29 paise to close at a nearly 12-week high of 73.00 against the US dollar on Tuesday, marking its fourth straight session of gain

Rupee rises 29 paise to close at 73.00 against US dollar

The rupee strengthened further by 29 paise to close at 73.00 against US dollar on Tuesday, marking fourth straight session of gain following a firm trend in domestic equities and foreign fund inflows.

Rupee inches 4 paise higher to 73.25 against US dollar in early trade

The Indian rupee appreciated 4 paise to 73.25 against the US dollar in opening trade on Tuesday, tracking a positive trend in domestic equities

Rupee continues to rise on Fed Chair Powell's take on taper

Experts say RBI won't allow Rs to appreciate out of sync with Asian currencies

Rupee rallies 40 paise to close at 73.29 against US dollar

The rupee surged by 40 paise to close at 73.29 (provisional) against the US dollar on Monday, supported by a firm trend in domestic equities and a weak American currency.

Rupee surges 31 paise to 73.38 against the US dollar in early trade

The Indian rupee appreciated 31 paise to 73.38 against the US dollar in opening trade on Monday, tracking a positive trend in domestic equities.

Rupee inches 2 paise higher to close at 74.22 against US dollar

The rupee eked out a marginal 2 paise gain to close at 74.22 (provisional) against the US dollar on Thursday amid a muted trend in domestic equities. Traders said the domestic unit is trading in a narrow range as investors are awaiting cues from the key speech from US Federal Reserve Chair Jerome Powell on Friday. Moreover, a strong dollar in the overseas markets and rising crude prices weighed on the investor sentiment, forex traders said. At the interbank forex market, the local unit opened at 74.22 against the greenback and moved in a range of 74.11 to 74.27 in the day trade. It finally ended at 74.22 against the American currency, registering a rise of 2 paise over its previous close. On the domestic equity market front, the BSE Sensex ended 4.89 points or 0.01 per cent higher at 55,949.10, while the broader NSE Nifty advanced 2.25 points or 0.01 per cent to 16,636.90. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose

Rupee surges 13 paise to 74.11 against US dollar in early trade

The Indian rupee appreciated 13 paise to 74.11 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities. At the interbank foreign exchange, the rupee opened at 74.22 against the dollar, then surged higher to 74.11, up 13 paise over its previous close. On Wednesday, the rupee had settled at 74.24 against the US dollar. Global oil benchmark Brent crude futures fell 0.48 per cent to USD 71.90 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.06 per cent at 92.87. On the domestic equity market front, BSE Sensex was trading 116.17 points or 0.21 per cent higher at 56,060.38, while the broader NSE Nifty advanced 38.50 points or 0.23 per cent to 16,673.15. Foreign institutional investors were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 1,071.83 crore, as per exchange data. Traders said investors are awaiting cues on the scaling back of

Dollar slips further as oil prices jump, commodity currencies gain

The dollar index, which measures the greenback against a basket of six currencies, fell 0.091% to 92.903.

Rupee snaps 5-day winning streak, drops 11 paise against US dollar

Halting its five-session winning run, the rupee on Monday declined by 11 paise to close at 74.26 (provisional) against the US dollar, tracking the firm American currency

Rupee gains 8 paise to close at 74.34 against US dollar

The rupee gained 8 paise to close at 74.34 (provisional) against the US dollar on Monday, supported by a firm trend in domestic equities and a weak American currency. Forex traders said the rupee is trading in a narrow range as investors are awaiting the RBI's monetary policy meeting outcome for further cues. At the interbank forex market, the local unit opened at 74.38 against the greenback and witnessed an intra-day high of 74.30 and a low of 74.43. It finally ended at 74.34 against the American currency, registering a rise of 8 paise over its previous close. On Friday, the rupee had settled at 74.42 against the US dollar. "Despite rebound in manufacturing PMI activities, price action in forex markets remained dull as participants choose to wait and watch ahead of RBI's monetary policy scheduled on August 6," said Dilip Parmar, Research Analyst, HDFC Securities. India's manufacturing sector activities witnessed the strongest rate of growth in three months in July. The seasonally

India rupee at over 3-week high on Fed's dovish stance, gains in equities

The dollar also slipped to multi-week lows in Asian trading on Thursday

Rupee declines 12 paise to 74.58 against US dollar in early trade

The Indian rupee depreciated 12 paise to 74.58 against the US dollar in opening trade on Friday tracking a firm American currency

Rupee gains for second straight session, settles at 74.46 against dollar

The rupee strengthened against the US currency for the second straight session on Thursday, closing 15 paise higher at 74.46 (provisional) amid a rally in the domestic stocks.