Page 44 - Indian Rupee

Currency in circulation rises Rs 3.23 trillion in first nine months of FY21

The Currency in Circulation grew by around 13 per cent in the first nine months of the current fiscal as people preferred holding on to cash as a precautionary measure amid Covid uncertainty

Rupee rises 3 paise to 73.08 against the US dollar in early trade

The rupee appreciated 3 paise to 73.08 against the US dollar in opening trade on Thursday, tracking positive domestic equities and weak American currency

Fitch Solutions revises forecast, says Indian rupee to trade weaker in 2021

We see depreciatory pressure on the rupee due to worsening terms of trade from rising oil prices, further monetary easing, it said

Rupee likely to end 2020 as the worst performing currency in Asia

The rupee closed around Rs 74 to a dollar on Friday against Rs 72.2 at the end of December 2019

Indian rupee at a higher risk of depreciation as oil prices surge

Rising crude oil prices along with widening trade deficit have elevated the depreciation risk level for the Indian rupee during the upcoming week

RBI to set up centre in Jaipur for receipt, storage and dispatch of notes

With a view to deal with increasing circulation of banknotes, the RBI has decided to set up an Automated Banknote Processing Centre in Jaipur for receipt, storage and dispatch of currency notes.

Indian rupee set to return near pre-Covid-19 levels by March, says Nomura

Nomura expects the rupee to bounce back to 72 per dollar by end-March, a level last seen in February

Rupee slumps 33 paise to 74.74 against the US dollar in early trade

The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade, tracking strong American currency ahead of the US Presidential election results

Rupee slumps 30 paise to 74.40 against the US dollar in early trade

The rupee depreciated 30 paise to 74.40 against the US dollar in opening trade on Monday tracking muted domestic equities and strong American currency amid global risk aversion

Outlook on Crude oil, natural gas by Bhavik Patel of Tradebulls Securities

Crude oil bulls look exhausted

Outlook & trading strategies for Silver, crude oil by Tradebulls Sec

Silver has made harami candlestick formation on daily charts

Outlook & trading strategies for Copper, Silver by Tradebulls Securities

Silver on the hourly chart is trading in a symmetrical triangle pattern with a breakout above 43,300 and breakdown below 42,200

Rupee tanks 36 paise to all-time low of 76.80 against USD in early trade

The rupee opened weak at 76.75 at the interbank forex market and then fell further to hit an all-time low of 76.80, down 36 paise over its last close.

Indian rupee may stabilise in 2021, to stay weak in near-term: Reuters Poll

After giving up over 7% since the start of the year, the rupee fell to a record low of 76.42 to the dollar on Wednesday

Rupee slides 70 paise to 75.59 a dollar as coronavirus fears mount

Forex traders said heavy selling in domestic equities dragged the local unit amid mounting fears of a coronavirus-led economic slowdown

Coronavirus fear: Biz disruption will outweigh currency gain, say analysts

The rupee declined 0.3 per cent on Friday to hit an all-time low of Rs 75.20 against the dollar

Rupee drops by 8 paise to fresh life-time low of 75.20 vs US Dollar

Meanwhile, all central banks including RBI are trying to reduce the risk and address the liquidity crunch. However, the increasing number of coronavirus cases in India will keep the rupee on an edge.

Covid-19: Rupee hits record low, crosses 75 a dollar as investors panic

Traders said there is a sense of anxiety among investors as they see the global as well as domestic economy plunging into a deep crisis

10-year bond yields at decade-plus low; rupee falls as oil prices crash

The Sensex fell nearly 2,000 points, as foreign investors liquidated their investments for safe haven assets such as US bonds. As prices of bonds rise, yields fall.

Take medium-term bet on commodities

As manufacturing in China recovers, so will the demand for raw materials