Page 84 - Rupee Vs Dollar

Rupee rises 13 paise to settle at 73.29 on weaker US dollar today

The Indian rupee strengthened by 13 paise to end at 73.29 (provisional) against the US dollar on Friday, tracking weaker American currency in the overseas market

Rupee drops by 8 paise to 73.42 on forex outflows, surge in oil prices

The rupee declined by 8 paise to close at 73.42 against the US currency on Wednesday, snapping its four-day gaining streak due to risk aversion in the global markets and surge in crude oil prices.

Rupee settles 16 paise higher at 73.35 vs dollar; rises for 3rd session

The rupee rose by 16 paise to close at 73.35 (provisional) against the US dollar, marking its third straight session of gains on the back of positive domestic equities and weak American currency

Dollar forward rates normalise after carry traders unwind positions

Decline in premium to help importers hedge near-term exposures

Large firms can take another 15% rupee drop due to natural hedge: Moody's

Analysing 22 rated Indian firms, Moody's found nearly half of them had dollar revenues or contracts priced in US dollars that protect the local earning

Most Indian companies protected against weakening rupee: Moody's report

Firms' costs in dollar terms might rise as India battles second wave of Covid-19, says agency.

How to neutralise the impact of rupee weakening against the dollar

Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals

Pharma poised for an excellent FY22 on the back of Covid-led demand

Improving exports and a weak rupee could support profit boost

One-month dollar-rupee forward rate curve inverts on arbitrage bets

Many players are utilising these arbitrage opportunities, even as currency dealers say this is temporary

Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes

Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too

Rupee will be in suspended animation for some time

While a value of Rs 74-74.5/$ looks fair, one can never tell. The RBI may have to intervene if the rupee crosses the 75 mark and edges upwards

Rupee breaks past 75-mark vs US dollar, hits lowest level since Aug 2020

The domestic unit slipped to 75.13 versus the US dollar, a level seen in August last year

Rupee slips for 5th straight session, down 15 paise at 74.73 against USD

The rupee fell for the fifth straight session and settled 15 paise down at 74.73 (provisional) against the US dollar as rising Covid-19 cases, weak domestic equities weighed on investors' sentiment

Rupee dips for 4th straight day, down 11 paise at 74.58 against US dollar

The rupee fell for the fourth straight session and settled 11 paise down at 74.58 (provisional) against the US dollar amid fears that a rapid resurgence of Covid in the country can disrupt recovery

Analysts see rupee at 76.5; Four factors that may guide the trajectory

Rupee vs Dollar: Over the short-term, currency watchers expect the rupee to fall on the back of the RBI's plan to buy government bonds worth Rs 1 trillion from the secondary market

Losing currency: Rupee sinks as monetary policy triggers carry unwinding

The rupee closed at 74.56 to a dollar - the lowest since November 13, 2020. The intraday fall is the steepest since the August 2019 levels

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