Page 82 - Rupee Vs Dollar

Rupee plummets 105 paise to close at Rs 74.47 against US dollar amid Covid

The rupee tanked 105 paise to close at 74.47 (provisional) against the US currency on Wednesday amid concerns over surging Covid-19 cases in the country

Rupee drops by 12 paise to Rs 73.42 against US dollar on Covid worries

The rupee pared its initial gains to close down by 12 paise at 73.42 against the US currency on Tuesday amid concerns that rising COVID-19 cases and subsequent lockdowns in some states may hurt the economic recovery. Investors were also cautious ahead of the RBI policy statement to be released on Wednesday. Besides, gains in crude prices and a stronger dollar overseas weighed on the rupee sentiment. "Rupee continued to trade in a narrow range for the third successive session despite volatility in domestic equities. Market participants remain cautious ahead of the important RBI policy statement that will be released on Wednesday," Gaurang Somaiyaa, Forex & Bullion Analyst, Motilal Oswal Financial Services, said. The expectation is that the central bank could keep rates unchanged but commentary will be keenly watched that could trigger volatility for the currency, Somaiyaa said. "We expect the USDINR (Spot) to trade sideways with a positive bias and quote in the range of 73.20 and ..

Rupee falls 20 paise to 73.58 against the US dollar in early trade

The Indian rupee slumped 20 paise to 73.58 against the US dollar in opening trade on Wednesday, weighed down by the strength of the greenback and weak domestic equities

Rupee slumps 34 paise to 72.85 against the US dollar in early trade

The Indian rupee slumped 34 paise to 72.85 against the US dollar in opening trade on Tuesday as rising crude oil prices and a strong American currency weighed on investor sentiment

Rupee logs over 4% gain this fiscal amid headwinds on economic front

Experts said sustained foreign fund inflows into India's listed stocks ensured a strong year for the Indian currency

Rupee widens loss by 7 paise to 72.62 against US dollar in early trade

The Indian rupee furthered its loss by another 7 paise to 72.62 against the US dollar in early trade on Thursday amid growing concerns over surging coronavirus cases globally

Rupee falls 10 paise to Rs 72.53 against US dollar in early trade

The rupee depreciated by 10 paise to 72.53 against the US dollar in opening trade on Wednesday, following a heavy selloff in domestic equities and strong American currency in the overseas market

Rupee rises 3 paise to Rs 72.34 against the US dollar in early trade

The rupee advanced by 3 paise to 72.34 against the US dollar in opening trade on Tuesday, as easing crude oil prices and buying trend in equity markets lifted sentiment. The rupee's gains were, however, restricted as investors turned a bit cautious due to rising US dollar amid foreign fund outflows. At the interbank forex market, the local unit opened flat at 72.37 against the US dollar, then gained some strength to quote at 72.34, a rise of 3 paise over its last close. In the previous session, the rupee had settled at 72.37 against the American currency. Global oil benchmark Brent crude futures fell 0.94 per cent to USD 64.01 per barrel. On the domestic equity market front, the BSE Sensex was trading 90.66 points or 0.18 per cent higher at 49,861.95 in early deals, while the broader NSE Nifty rose 32.10 points or 0.22 per cent 14,768.50. Foreign institutional investors were net sellers in the capital market on Monday as they sold shares worth Rs 786.98 crore, as per exchange ...

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 settles almost flat at 72.52 against USD amid firmness in equities

The rupee ended on a flat note against the US dollar on Friday amid a firm trend in domestic equity markets

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 spurts 32 paise to 72.93, ends three-day losing streak

This came on the back of a rally in domestic stocks and the greenback retreating from three-month highs in global markets

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

Rupee falls by 19 paise to close at 73.02 against US dollar

Risk aversion in the global markets weighed on the Rupee

Rupee falls by 11 paise to 72.83 against US dollar

The Rupee was weighed down by a rebound in the US dollar and muted domestic equities

Rupee logs best single-day gain in 6 months on forex inflows, stocks rally

The rupee on Wednesday surged by 65 paise -- its biggest single day spike since September 2020 -- to end at 72.72 against the US dollar on the back of weakness in the American dollar and rise in risk appetite in the global markets. A rally in domestic equities, foreign fund inflows and positive macro data also boosted the rupee sentiment. The US dollar weakened in the global markets as as investors took heart from an easing in bond yields that has alleviated worries over possible interest rate hikes. At the interbank forex market, the local unit opened at 73.26 against the greenback and witnessed an intra-day high of 72.71 and a low of 73.26. It finally settled at 72.72 against the American currency, registering a rise of 65 paise over its previous closing. The single-day rise is the highest since September 1, 2020, when the rupee had shot up 73 paise. "Market sentiments improved on hopes that massive stimulus packages from governments, easy monetary policies from central banks a

Sensex gives up 51K amid broad-based sell-off, dips 435 pts; PSBs, auto hit

The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days

Podcast: Key threats to rupee's rally

In this podcast, Sujan Hajra, chief economist at Anand Rathi Stockbrokers and Gaurang Somaiyaa, forex & bullion analyst of Motilal Oswal discusses the threats to rupee's trajectory