Page 122 - Us Dollar

Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices

The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

Rupee opens flat against US dollar amid positive global cues

The domestic unit on Thursday gained 28 paise to settle at 71.84 as investor sentiment revived after China and the United States said they will resume trade talks.

Rupee opens 5 paise higher at 71.67 against US dollar

The domestic unit continued its winning momentum for a third session in a row on Friday, rising 12 paise to settle at 71.72.

Rupee opens 4 paise lower at 71.52 against US dollar

The domestic unit on Tuesday spurted by 54 paise, its biggest single-day gain in more than five months, to close at a one-week high of 71.48.

Rupee surges 32 paise to 71.70 against US dollar in early trade

The currency settled at 72.02 to the US dollar, the lowest closing level since November 14, 2018, even as equities spurted more than 700 points at close on stimulus measures.

Rupee declines 12 paise against US dollar in early trade

On Wednesday, the domestic currency rebounded from a six-month low to end at 71.27, up 13 paise.

Rupee opens 16 paise higher against US dollar

The domestic unit on Monday recovered from day's low levels to close flat at 70.94 helped by foreign fund inflows into equities and lower global crude oil prices.

Rupee opens 28 paise higher against US dollar as crude oil price eases

The domestic unit on Tuesday weakened by another 18 paise to settle at 71.78 against the US dollar as investors fretted over higher crude oil prices.

Rupee slips 14 paise against US dollar at open amid rebound in oil prices

The domestic unit on Tuesday dropped 20 paise to close at 71.07 as heavy selling in domestic equities, unabated foreign fund outflows kept investors edgy.

Rupee opens 16 paise lower against US dollar amid weak global cues

The domestic unit on Monday depreciated by 14 paise to close at 71.02 as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy.

Rupee opens 12 paise higher against US dollar amid drop in oil prices

The domestic unit on Wednesday pared most of its initial losses and settled the day marginally down by 5 paise to 71.07.

Rupee opens 5 paise higher against US dollar amid fall in oil prices

The domestic currency on Wednesday recovered from initial losses to settle 11 paise higher at 71.43.

The inseparable twin of a trade war

The depreciation of the renminbi in recent weeks has raised fears that China is aiming to counter US tariffs by weaponising its currency

Goldman Sachs says US-China trade war, not Fed, is driving dollar

Goldman sees the US Dollar Index, which fell by as much as 0.5% on Thursday, reaching 99.7 by December

Dollar dominance and Donald Trump

The dominance of dollar across the world gives US great leeway in monetary, fiscal policy and foreign policy

Emerging markets, equities reel as dollar strengthens; EM stocks fall 1.6%

A public comment period on the possibility of fresh US tariffs on another $200 bn of Chinese goods ends on Thursday, with expectations that the additional levies will be imposed by Trump

Donald Trump, a currency manipulator? Wall Street isn't ruling it out

Deliberate move to weaken dollar isn't so far-fetched anymore

RBI net seller of US dollar for 3rd straight month, sells $6.184 bn in June

During the reporting month, the central bank bought $4.020 billion of the US dollar, while sold $10.204 billion in the spot market

Surge in dollar boosts corporate interest in currency hedging strategies

The dollar's recent strength is a sharp departure from its weakening trend in 2017 when it delivered a boost to large US companies

US dollar gets a boost as employment number increases in June

With no major economic data due on Monday, investors were still sifting through the June jobs report