Page 86 - Rupee

India takes on Asia's foreign exchange hubs for rupee trade with GIFT City

India's policymakers have been increasingly concerned about the growing heft of the rupee trades in venues overseas, and GIFT City as the hub is known, seeks to fill that gap

Robust foreign inflows, fundraising by banks help rupee fight August curse

ICICI Bank Ltd., Axis Bank Ltd. and mortgage lender HDFC Ltd. have raised a combined Rs 350 billion ($4.7 billion) this month

Rupee settles flat at 74.94 against US dollar after RBI keeps rates on hold

During the session, it had witnessed an intra-day high of 74.77 and a low of 74.96 against the greenback

Outlook & trading strategies for Nickel, crude oil by Tradebulls Securities

There is a negative divergence in RSI_14 on Crude oil's daily scale

RBI steps up intervention in forwards, rupee weakens on heavy dollar demand

The central bank is parking these accumulated dollars in the forwards markets, which is improving liquidity for now at the cost of demand of dollar for a future date

Rupee depreciation to help boost Indian farm, textile and jewellery exports

However, the country could lose the currency edge if the monetary units of its competitors also decline, as in the case of Brazil, Indonesia and Turkey

Rupee closes 7 paise higher at 75.58 against US$ on easing crude prices

The rupee settled 7 paise higher at 75.58 against the US dollar on Monday supported by weak American currency and easing crude prices even as the equity market was trading in the negative territory.

Rupee slides 30 paise to 76.83 against US Dollar amid oil price slump

Investors rushed to safe-haven bet US dollar due to market uncertainty after oil prices slumped into negative territory in US markets

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.

Outlook & trading strategies for Gold, Natural Gas by Tradebulls Securities

The rally is under threat only when gold breaks 44,500

Commodity outlook by Bhavik Patel of Tradebulls Securities: Buy lead, gold

Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.

Rupee payment permissible for exports to Bhutan, says expert

If you are able to satisfy the Customs that you had valid reasons to do so, there may be no adverse implications

Stung by coronavirus, markets log biggest yearly loss in FY20 since 2009

A slump in demand saw Brent crude prices drop 66 per cent to an 18-year low to below $22 a barrel during the year

Rupee ends flat at 75.60 against US dollar even after heavy equity buy

Forex markets will remain shut on April 1 for the annual closing of banks and on April 2 on account of Ram Navami.

Outlook & trading strategies for Copper, Gold by Tradebulls Securities

ADX is showing momentum on the upside for Gold

Rupee settles 78 paise higher at 75.16 a dollar on stimulus boost

The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency

Coronavirus fear: Rupee breaches 75 a dollar, hits intra-day low of 75.30

A thinly traded market is compounding the problem for the rupee

Market rout: RBI intervenes to protect continuously falling rupee

"The central bank may have been intervening in these markets in small measures in the past too, but Friday's action was quite loud," said a senior currency dealer requesting anonymity.

Rupee hits record low of 74.5 against US dollar amid coronavirus scare

Traders expect the central bank to step in to prevent further sharp falls in the currency but don't see it protecting the rupee at any particular level

Rupee can slip 3% more; rate cut, regulatory intervention needed

In the past few sessions, the move in the Rupee has been largely offshore driven, taking precariously close to a new all-time low of 74.48 against the US Dollar