Page 93 - Rupee
Rupee hits 9-month high of 68.53 a dollar on increased portfolio flow
RBI's proposal to swap $5 billion with banks is also viewed positively by the market
 "Rupee hits 9-month high of 68.53 a dollar on increased portfolio flow")
Rupee rally may be short-lived as elections, oil price risks loom
Elections, fiscal slippage, inflation bottoming and risk of oil prices picking up closer to $70 a barrel in May if Iran crude waiver expires remain key risks
 "Rupee rally may be short-lived as elections, oil price risks loom")
Japanese retail investors are renewing interest in rupee denominated bonds
The Goldman bonds, even with zero coupon, are issued at a discount implying a yield of 6.947%
 "Japanese retail investors are renewing interest in rupee denominated bonds")
Rupee may slide to 80 against the dollar by September: Royal Bank of Canada
The rupee is already the worst performer this year in Asia ex-Japan amid the uncertainty surrounding the upcoming elections, where Prime Minister Narendra Modi is seen facing a tight contest
 "Rupee may slide to 80 against the dollar by September: Royal Bank of Canada")
Rupee worst performer this year, may fall to 73 on Kashmir tensions
India's rupee has gone from being the best-performing Asian currency last quarter to the worst this year as rising crude prices and tensions over Kashmir weigh on sentiment.
 "Rupee worst performer this year, may fall to 73 on Kashmir tensions")
Rupee's unexpected gains this week showcases RBI's pivot for markets
While a rate cut typically lowers a currency's yield appeal, it bolsters foreign inflows into local shares, which helps strengthen the rupee
 "Rupee's unexpected gains this week showcases RBI's pivot for markets")
Rupee may fall to 78 per dollar on fiscal deficit, poll uncertainty: Report
The report further noted that it would be roller coaster ride for crude oil in 2019 as Opec and Russia have resorted to a production cut; while on the other hand, US is increasing its production
 "Rupee may fall to 78 per dollar on fiscal deficit, poll uncertainty: Report")
Rupee dips 9 paise to 71.17 against dollar in early trade ahead of budget
The Modi government is set to present its last Budget and is expected to have major announcements
Rupee trades flat at 71.07 against US dollar
In the previous session, the currency edged higher by 4 paise to settle at 71.08 amid weakness in the greenback in overseas markets after the US Fed kept interest rate unchanged.
Rupee opens 17 paise higher against US dollar
"Today, USD/INR pair is expected to quote in the range of 70.70 and 71.40," Gaurang Somaiya, Research Analyst (Currency) at MOFSL added.
Rupee opens 17 paise higher against US dollar
The domestic unit weakened by 10 paise to close at 71.17 on Friday amid increasing demand for the greenback from exporters and heavy selling in domestic equities.
Rupee opens 7 paise higher at 71 against US dollar
The domestic unit gained 26 paise to close at 71.07 as softer crude prices and gains in domestic equities bolstered forex market sentiments.
Rupee up 13 paise against US dollar in early trade
In the previous session, the domestic unit snapped its three-day losing streak and settled 11 paise higher at 71.33 on increased selling of the American currency by exporters and banks.
Rupee recovers, opens 27 paise higher against US dollar
The domestic unit skidded by 16 paise on Tuesday to settle at 71.44 amid strengthening of the greenback and heavy selling in domestic equities.
Rupee depreciates 29 paise against US dollar in early trade
The domestic unit Friday weakened by 16 paise to close at 71.19 against US dollar
Rupee slips 4 paise to 71.07 against US dollar in early trade
On Thursday, the domestic unit reversed its four-day losing streak by recovering 21 paise to settle at 71.03.
Rupee opens flat at 71.06 against US dollar
In the previous session, the domestic unit declined 13 paise to close at one-month low of 71.05.
Rupee recovers, opens 15 paise higher against US dollar
On Monday, the currency plunged by 43 paise to close at nearly one-month low of 70.92 amid weak industrial output growth data, fall in domestic equity markets and sustained foreign fund outflows.
Rupee opens unchanged at 70.49 against US dollar
The domestic unit Friday weakened by 8 paise to close at 70.49 on rise in demand of American currency from exporters and surge in crude oil prices.
Rupee opens flat at 70.42 against US dollar
On Thursday, the domestic currency ended 5 paise higher at 70.41 on increased selling of the greenback by exporters amid easing crude oil prices.