Page 52 - Us Dollar

Rupee rises after benign U.S. inflation print, forward premiums jump

The Indian rupee rose against the dollar on Friday following another fall in the U.S. inflation rate, while forward premiums rose to their highest level in two months

Dollar wobbles as US inflation fuels hopes of slower Fed rate path

The dollar index, which measures the U.S. currency against six others, rose 0.059% to 102.220 but was languishing around its lowest level since June

Rupee continues winning streak, gains 1.5% in 3 days on foreign flows

Reduced dollar demand from oil firms, lack of RBI dollar buys prop up rupee

Dollar stands firm amid low bond yields, traders await consumer price data

The U.S. dollar was steady elsewhere, loitering just above a seven-month low on the euro at $1.0737 in the lead-up to U.S. inflation data due on Thursday

Rupee gains nearly 100 paise in two days to below 82 against dollar

Overseas flows, lack of RBI dollar buys behind best rupee showing in 2 months

Rupee gains 33 paise to 82.33 against US dollar in early trade today

The rupee appreciated 33 paise to 82.33 against the US dollar in early trade on Monday, supported by a weak American currency and a firm trend in domestic equities. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.41 against the dollar, then gained ground to touch 82.33, registering a rise of 33 paise over its previous close. On Friday, the rupee settled at 82.66 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.25 per cent to 103.61. Brent crude futures, the global oil benchmark, rose 1.06 per cent to USD 79.40 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 468.29 points or 0.78 per cent higher at 60,368.66. The broader NSE Nifty rose 153.80 points or 0.86 per cent to 18,013.25. Foreign Institutional Investors (FIIs) were net sell

Rupee rises 15 paise to 82.47 against US dollar in early trading

The rupee gained 15 paise to 82.47 against the US dollar in early trade on Friday tracking a firm trend in domestic equities. Forex traders said sustained foreign fund outflows and strength of the American currency in the overseas market weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.52 against the dollar, then gained further ground to touch 82.47, registering a rise of 15 paise over its previous close. On Thursday, the rupee settled at 82.62 against the dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 105.07. Brent crude futures, the global oil benchmark, advanced 1.22 per cent to USD 79.65 per barrel. As per ADP, the US economy added 235,000 private jobs in December against expected 150,000. Initial jobless claims too came in lower at 204,000 against expected 225,000, IFA Global Research Academy said in a res

Rupee gains on corporate investments, cheaper global oil prices

Currency could be poised to gain after recent sharp underperformance, say analysts

Rupee gains 9 paise to 82.73 against US dollar as crude prices ease

The rupee appreciated 9 paise to 82.73 against the US dollar in early trade on Thursday, supported by easing crude oil prices and a firm trend in domestic equities. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.75 against the dollar, then gained ground to touch 82.73, registering a rise of 9 paise over its previous close. On Wednesday, the rupee recovered from its all-time low level and settled at 82.82 against the dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.04 per cent to 104.21. Brent crude futures, the global oil benchmark, rose 0.99 per cent to USD 78.61 per barrel. Despite the greenback's weakness elsewhere, the rupee did not strengthen on dollar persistent bids throughout the session. The local unit has been extremely range bound of late, IFA Global Research Acade

German inflation surprise strengthens US dollar as euro nurse losses

The euro fell 1% overnight, its sharpest drop in more than two months, and it hovered near three-week lows at $1.0550 early in the Asia session

Rupee gains 9 paise to 82.69 against US dollar as crude price retreats

The rupee appreciated 9 paise to 82.69 against the US dollar in early trade on Tuesday, as crude oil price retreated from its elevated levels. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.69 against the dollar, registering a rise of 9 paise over its previous close. On Monday, the rupee declined 17 paise to close at 82.78 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 103.55. Brent crude futures, the global oil benchmark, declined 0.30 per cent to USD 85.65 per barrel. "India December Manufacturing PMI came in at 57.8 against 55.7 in November. This shows that economy is still resilient as has also been evident from other high frequency indicators such as car sales and core sector data," IFA Global Research Academy said in a research note. The

Dollar steady as investors await economic data, US Federal Reserve minutes

The dollar index, which measures the greenback against six major currencies, has made a subdued start to 2023 and was last up 0.068% at 103.710

Rupee at 82.5750, gains on speculators bets, lack of cash dollar demand

Rupee was trading higher against the US dollar, helped by likely position building and lack of cash dollar demand

Rupee ends final week of 2022 higher as market mood improves

The rupee finished the year at 82.72 to the US currency, down from 74.33 at the end of 2021, while the dollar index was headed for its biggest yearly gain since 2015

Global stocks ends gloomy year amid soaring inflation while dollar triumphs

The dollar, a beneficiary of rising U.S. interest rates, was on track for its best annual performance in seven years.

Rupee gains 16 paise to 82.71 against US dollar on firm domestic equities

The rupee appreciated 16 paise to 82.71 against the US dollar in early trade on Friday, tracking a firm trend in domestic equities. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.77 against the dollar, then gained further ground to touch 82.71, registering a rise of 16 paise over its previous close. On Thursday, the rupee consolidated in a narrow range and settled 7 paise lower at 82.87 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.13 per cent to 103.97. The rupee continued to trade range bound for the fourteenth straight session. There were strong bids seen around 82.75, which prevented USD/INR from sliding lower despite month-end exporter selling, IFA Global Research Academy said in a research note, adding that the "rupee is likely to trade an 82.65-82.95 r

Dollar edges to one-week high vs yen amid spike in Treasury yields

The greenback dropped as low as 130.58 yen that day for the first time since early August as traders speculated about an eventual end of BOJ stimulus

Rupee depreciates 20 paise to close at 82.85 on high US dollar demand

The rupee declined 20 paise to close at 82.85 (provisional) against the US dollar on Tuesday, pressured by month-end dollar demand from importers and foreign capital outflows. At the interbank foreign exchange market, the rupee opened lower at 82.71 against the greenback and witnessed an intraday high of 82.69 and a low of 82.87. It finally settled at 82.85, down 20 paise over its previous close of 82.65. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.27 per cent lower at 104.02. Global oil benchmark Brent crude futures rose 0.83 per cent to USD 84.62 per barrel. The 30-share BSE Sensex ended 361.01 points or 0.60 per cent higher at 60,927.43, while the broader NSE Nifty climbed 117.70 points or 0.65 per cent to 18,132.30. Foreign Institutional Investors (FIIs) were net sellers in capital markets on Monday as they sold shares worth Rs 497.65 crore, according to exchange data. "Month-end dollar demand from oil importers a

US dollar falls as China eases Covid rules for inbound travelers

China will stop requiring inbound travellers to go into quarantine on arrival starting Jan. 8, the National Health Commission said on Monday, even as Covid cases spike

Gold prices rise as dip in $ makes bullion less expensive for buyers

Spot gold was up 0.6% at $1,807.69 per ounce, as of 0704 GMT. U.S. gold futures rose 0.6% to $1,814.80