RUPEE DOLLAR
Rupee closes nearly unchanged at 83.48 against dollar The US Non-Farm Payroll (NFP) data is expected today, which will influence rate cut expectations by the Federal Reserve. The dollar index fell 0.2% to a three-week low and touched 104.95 due to pressures from the euro and the British pound.
06 Jul, 2024, 12.02 AM ISTRupee inches higher tracking gains in most Asian peers The Indian rupee reached 83.4625 against the U.S. dollar, aided by a weaker dollar index and gains in yen and yuan. Brent crude prices eased. The U.S. jobs report and bond yields will impact Federal Reserve rate forecasts. Importers' hedging may lim...
05 Jul, 2024, 10.06 AM ISTRupee strengthens slightly against dollar, settling at 83.495 The rupee closed at 83.495/$1, versus the previous close at 83.50/$1, Bloomberg data showed. Foreign investors bought Rs. 2,575 crores worth of Indian equity and Rs. 1,180 crores in fully accessible Indian government bonds, BSE and CCIL data showed.
05 Jul, 2024, 12.12 AM IST
Rupee falls 5 paise to 83.54 against US dollar in early trade The rupee depreciated 5 paise to 83.54 against the dollar due to high crude prices, starting at 83.52. Positive equities, foreign fund inflows supported. Amit Pabari noted pressures like crude at USD 87. S&P's YeeFarn Phua mentioned fiscal deficit r...
04 Jul, 2024, 10.09 AM ISTRupee closes marginally lower at 83.53 against dollar Most Asian currencies fell versus the dollar on Wednesday. The 10-year benchmark government bond yields in India eased a little, closing at 6.99% on Wednesday, after remaining steady at 7.0%-7.01% in the last couple days.
03 Jul, 2024, 11.53 PM ISTRupee ends little changed; corporate dollar bids counter likely inflows Investors eagerly anticipate the release of U.S. labor market data and minutes from the Federal Reserve's recent policy meeting. Both BSE Sensex and Nifty 50 ended the session at record highs, reflecting positive market sentiment.
03 Jul, 2024, 03.58 PM ISTRupee nearly flat wedged between yuan weakness, dip in US bond yields Indian rupee's stability faces uncertainty pending the release of Fed's policy meeting minutes and U.S. ADP employment data for potential impact on future U.S. policy rates.
03 Jul, 2024, 10.31 AM ISTRupee ends lower pressured by weaker yuan, importer dollar bids Rupee under pressure as economy cools and FX reserves build up. Investors expect U.S. rate cuts, impacting rupee. Despite importers' dollar demand, rupee may strengthen with inflows. Interest rate futures hint at rate cuts ahead, influencing market ...
02 Jul, 2024, 03.45 PM ISTRupee declines pressured by weak Asian peers, oil companies' dollar bids Indian rupee weakens as Asian currencies fall amid strong dollar demand. US bond yield rise impacts currencies, with Chinese yuan and Korean won leading losses.
02 Jul, 2024, 10.56 AM ISTRupee falls 11 paise to close at 83.537 against US dollar; 10-year G-Sec yield trades flat The 10-year benchmark bond yields have been trading flat, but traders say that these levels are good. “Today there seems to be buying from mutual funds. They sold during the quarter end so they have to replenish their kitty”, they said. Liquidity ea...
01 Jul, 2024, 10.31 PM ISTRupee falls 11 paise to 83.45 against US dollar The central government's fiscal deficit reached 3% of the annual estimates by May-end 2024-25. India's forex reserves surged to USD 653.711 billion, with FIIs selling shares worth Rs 23.09 crore. The RBI confirmed the increase in reserves, reflectin...
01 Jul, 2024, 04.04 PM ISTRupee falls 9 paise to 83.43 against US dollar in early trade The healthy expansion in infrastructure sectors' growth in May was driven by the production of coal, natural gas, and electricity, amidst rising crude oil prices impacting the rupee and positive equity market sentiment.
01 Jul, 2024, 11.34 AM ISTRupee gains 0.1% against US dollar, ends at 83.38 The RBI intervenes in the market periodically via liquidity management, including through the selling of dollars, to prevent a steep fluctuation in the local currency, though it has fallen to record highs intermittently.
28 Jun, 2024, 11.58 PM ISTRupee appreciates 14 paise; closed at 83.45 per dollar Currency traders expect a range of 83.25 to 83.75 to a dollar next week and expect the local currency to close around 83.30/$1 tomorrow after inflows from the index inclusion come in.
27 Jun, 2024, 11.57 PM ISTIndian rupee gains 3.5 paise on Tuesday The 10-year benchmark government bond also traded flat, with yields closing at 6.98% on Tuesday, up just one basis point from the last close. Yields have been touching a low of 6.95% to 6.96% in the middle of the day, but again rise as the day progr...
25 Jun, 2024, 11.36 PM ISTRupee trades in narrow range against US dollar in early trade The rupee traded against the US dollar, influenced by positive domestic equities and the strength of the American currency. Forex traders noted the impact of the strong US dollar and elevated crude oil prices on the local unit.
25 Jun, 2024, 10.13 AM ISTRupee at new low of 83.65 on strength in greenback The Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Reserve Bank of India intervened but refrained from significant action. The Chinese Yuan's weakness and corporate...
21 Jun, 2024, 07.40 AM ISTRupee falls to record low hurt by likely outflows, importer dollar demand The currency fell to a record low of 83.6650 against the U.S. dollar in the latter half of Thursday's trading session, closing at 83.6425. This marks a decline from the previous session's close of 83.4550. Traders attributed the currency's weakness ...
20 Jun, 2024, 04.11 PM ISTRupee falls to record low hurt by likely dollar outflows, importer dollar demand The rupee declined to a lifetime low of 83.62 against the U.S. dollar in the latter half of Thursday’s trading session and was last quoted at 83.5975. The local currency had closed at 83.4550 in the previous session.
20 Jun, 2024, 02.28 PM ISTRupee rises 7 paise to 83.48 against US dollar in early trade Rupee appreciates 7 paise to 83.48 against the US dollar, supported by foreign capital inflow and positive equity market sentiment; dollar index up at 105.01; Brent crude down to USD 84.14 per barrel.
18 Jun, 2024, 09.54 AM IST