Page 87 - Rupee Vs Dollar

Indian rupee set to return near pre-Covid-19 levels by March, says Nomura

Nomura expects the rupee to bounce back to 72 per dollar by end-March, a level last seen in February

Rupee slips 9 paise to 74.45 against US dollar in early trade

The rupee depreciated 9 paise to 74.45 against the US dollar in opening trade on Thursday, tracking muted domestic equities. The local unit opened at 74.44 against the greenback at the interbank forex market, then lost further ground and touched 74.45, down 9 paise over its last close. On Wednesday, the rupee declined by 18 paise to close at 74.36 against the US dollar. "The euphoria around a Joe Biden victory (in the US presidential election) and a vaccine becoming available by the year-end seems to be slowly settling down, said Abhishek Goenka, Founder and CEO, IFA Global. The overall risk sentiment, however, continues to remain positive, he said, adding that the dollar though has made a comeback against majors and commodity currencies. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.02 per cent to 93.02. On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 202.76 points lower at 43,390.91, and the

Rupee settles seven paise lower at 74.15 against US dollar

Higher crude oil prices also put pressure on the Indian currency

Rupee slumps 33 paise to 74.74 against the US dollar in early trade

The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade, tracking strong American currency ahead of the US Presidential election results

Rupee slips below 74/USD level in early trade amid weak risk sentiment

A weak opening in domestic equities amid global risk aversion weighs on the Rupee

Rising dollar: FPI investment set to turn negative in September

Experts say EM market equities, currencies may remain weak unless there is positive news

Is India inching closer to inclusion in the Global Bond Index?

The nervousness in the bond markets on account of higher inflation, larger supply of bonds in H2 and absence of RBI OMOs so far is evident

Rupee rises 20 paise to 75.21 against USD on Covid vaccine trial data

At the interbank foreign exchange, the rupee opened at 75.71, registering a rise of 20 paise over its previous close

Rupee drops by 19p to 1-wk low against dollar on fiscal deficit concerns

Domestic stocks advanced in early trade which supported the rupee. The key indices Sensex and Nifty, however, closed marginally down due to sell-off in financial counters

Rupee can depreciate another 4% despite RBI's liquidity support measures

The rupee did not react much to the measures announced since this was more towards a short-term liquidity measure which the markets had expected from the RBI.

Rupee to hover around 75/dollar; crude basket at $35/barrel in FY21: RBI

The developments comes as rupee recovered from record low levels to settle 6 paise higher at 76.28 against the US dollar

Indian rupee may stabilise in 2021, to stay weak in near-term: Reuters Poll

After giving up over 7% since the start of the year, the rupee fell to a record low of 76.42 to the dollar on Wednesday

Coronavirus impact: Rupee breaches 76 a dollar as stocks take a beating

The rupee closed at 76.20 a dollar, down from its previous close of 75.20 a dollar

Rupee drops by 8 paise to fresh life-time low of 75.20 vs US Dollar

Meanwhile, all central banks including RBI are trying to reduce the risk and address the liquidity crunch. However, the increasing number of coronavirus cases in India will keep the rupee on an edge.

Rupee tumbles 70 paise against US dollar, hits 17-month low

The new coronavirus outbreak can now be described as a pandemic, the head of the World Health Organization announced Wednesday.

India's broader market more vulnerable than ever to a spike in crude prices

Index movement and the weighting are calculated on free-float market capitalisation of individual index stocks. Free float is the portion of the shares owned by non-promoters

US-Iran tensions send oil prices soaring, rupee may have a tough year ahead

Analysts expect the renewed geopolitical worries to remain for a couple of days, lending support to the crude oil price and taking a toll on emerging market currencies, including the rupee

Gold, silver prices rise marginally as rupee falls 11 paise against dollar

Silver prices also gained by Rs 21 to Rs 47,781 per kg, compared to Rs 47,760 per kg in the previous trade

Rupee ends 2019 with 2.28% annual loss at 71.36 against US dollar

The rupee had closed the 2018 year at 69.77 to the US dollar

Rupee opens 12 paise lower against US dollar amid weak global cues

The domestic unit on Tuesday settled 13 paise higher at 71.71