Page 80 - Rupee Vs Dollar

Rupee downward slide expected after hawkish Fed stand, say experts

The rupee has been under depreciation pressure in the recent past

India rupee at six-week low; bond yields rise after hawkish Fed signal

Traders said the surge in the dollar index to two-month highs following the Fed's comments on possible rate increases and a significantly higher inflation projection weighed on sentiment

Rupee depreciates 33 paise to 73.65 against US dollar in early trade

The Indian rupee slipped 33 paise to 73.65 against the US dollar in early trade on Thursday, amid the strengthening of the greenback in the overseas market

Rupee ends marginally lower to close at 73.32 against US dollar

The domestic currency has lost 52 paise in the seven trading sessions to Wednesday.

Rupee falls for 6th straight session, settles 2 paise down at 73.31/USD

The domestic currency has lost 51 paise in the six trading sessions to Tuesday.

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises

The domestic currency has lost 27 paise in the last four trading sessions.

Rupee extends losses for third session, breaches 73-mark against US dollar

The currency fell by 9 paise

Rupee falls for second day, settles 8 paise down at 72.97 against US dollar

This comes amid a lacklustre trend in domestic equities.

Rupee settles 8 paise lower at 72.99 against US dollar amid RBI policy move

The rupee fell 8 paise to close at 72.99 (provisional) against the US dollar on Friday, with forex market participants weighing RBI policy measures aimed at mitigating the COVID-19 impact on the economy. Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance amid the second COVID wave. At the interbank forex market, the local unit opened on a weak note at 73.00 against the greenback and witnessed an intra-day high of 72.95 and a low of 73.13. It finally ended at 72.99, registering a fall of 8 paise over its previous closing. On Thursday, the rupee had settled at 72.91 against the US dollar. RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) voted unanimously for keeping interest rate unchanged and decided to continue with its accommodative stance as long as necessary to support growth and keep inflation within the target. Meanwhile, the dollar index, which gauges the greenback

Rupee depreciattes 16 paise to 73.07 against US dollar in early trade

The Indian rupee slumped 16 paise to 73.07 against the US dollar in opening trade on Friday after the Reserve Bank kept policy rates unchanged for the sixth time in a row

Rupee depreciates 9 paise to 73.18 against US dollar in early trade

The Indian rupee slumped 9 paise to 73.18 against the US dollar in opening trade on Thursday tracking strengthening of the American currency in the overseas market.

Rupee depreciates 27 paise to 73.17 against US dollar in early trade

The Indian rupee slumped 27 paise to 73.17 against the US dollar in opening trade on Wednesday tracking weak domestic equities and strong American currency

Rupee falls for 2nd day, declines 28 paise to 72.90 against dollar

Extending losses for the second straight session, the rupee on Tuesday fell by another 28 paise to end at 72.90 against the US dollar in line with muted domestic equities

Rupee strengthens by 8 paise to 72.54 against US dollar in early trade

The Indian rupee appreciated amid improved risk appetite and the broad weakness of the greenback in the overseas market

Rupee snaps three-day winning streak, drops 17 paise to 72.62/USD

The rupee on Monday declined by 17 paise to close at 72.62 (provisional) against the US dollar tracking the strengthening of the American currency in the overseas market.

The rocket rupee

It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai

Rupee likely to remain volatile amid Covid blues this fiscal: Experts

Shrugging off pandemic-induced economic woes, the Indian rupee has witnessed significant appreciation in the first two months of the current fiscal

Rupee climbing fast to the dollar, 10-year bond yields back to 6%

RBI is trying to maintain a tight leash on the 10-year bond rates, and once again devolved them in Friday's auction

India's 10-year bond yield poised for 5th weekly fall; rupee gains

India's benchmark 10-year bond yield was trading at 5.96 per cent by 0852 GMT, down 1 basis point on the day

Rupee climbs to 8-week high of 72.83; rises 29 paise against US dollar

The Indian rupee surged by 29 paise to hit an eight-week high of 72.83 against the US dollar on Friday, tracking positive domestic equities and upbeat Asian peers against the American currency.