Page 18 - Rupee Vs Dollar

TMS Ep230: Startups, Adar Poonawalla, Indian rupee, Encumbrance Certificate

Are Indian start-ups on a road to profitability? What is keeping Adar Poonawalla busy these days? Is the current strength in rupee sustainable? What is an Encumbrance Certificate? All answers here

Is the current strength in rupee sustainable?

The Indian rupee has reversed its slide amid a weakening in the US dollar index, and a halt in foreign investors' selling spree. Find out the sectors that can benefit the most from the current trend

Trading desks should prepare for much lower liquidity surpluses: B Prasanna

Expects rupee to trade in the range of 78-80 per US dollar in the near term because of still relatively weak BoP fundamentals

Rupee tumbles as Nancy Pelosi's Taiwan visit sparks US-China tension

A fresh record high monthly trade deficit in July also weighed on sentiment in the domestic currency market, traders said

Rupee strength unsustainable; bet on chemicals, OMCs in near-term: Analysts

Whether the recent strength in the currency will sustain or not depends on the monetary policy trajectory of the Reserve Bank of India, foreign flows, and crude oil prices, experts said.

Rupee depreciates 27 paise to 78.80 against US dollar in early trade

The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities

Rupee back to 78 levels vs dollar as FPIs return to Indian markets

The US dollar index, a measure of the currency against six major rival pairs, was at 105.67 around 6.15 pm IST on Tuesday. It had climbed to a 20-year high of 108.54 in late July

Rupee rises 12 paise to 78.94 against US dollar in early trade

The rupee appreciated 12 paise to 78.94 against the US dollar in opening trade on Tuesday, supported by foreign fund inflows and a weak greenback against key rivals overseas.

Sensex, Nifty surge 9% in a month. Will the up move sustain in August?

After frontline indices rallied 9 per cent each in the last one month, analysts believe that the strong foreign inflows after nine months of relentless selling brought upswing to the markets.

Sensex sprints 545 pts, reclaims 58K; Nifty tops 17,300; TaMo up 7%, M&M 6%

CLOSING BELL: M&M (up 6 per cent) was the top Sensex gainer, followed by RIL, Maruti Suzuki, Bharti Airtel, Power Grid, Kotak Bank, Ultratech Cement, ITC, NTPC, SBI, Axis Bank, and Titan

Rupee rises by 13 paise to 79.11 against US dollar in early trade

The rupee strengthened by 13 paise to 79.11 against the US dollar in opening trade on Monday. Forex traders said the rupee opened stronger as the dollar continued to fall on account of a less aggressive US Fed and falling crude oil prices. At the interbank foreign exchange, the rupee opened at 79.16 against the US dollar and touched 79.11 in initial deals, registering a rise of 13 paise over the last close. In the previous session, the rupee had closed at 79.24 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 105.75. Global oil benchmark Brent crude futures fell 0.97 per cent to USD 103 per barrel. According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors, the rupee is likely to trade in the range of 79 to 79.40. "The market awaits the RBI MPC to give its rate signals on August 5," Bhansali said. On the domestic equity market front, the 30-share Sensex was trading 188.86 p

The rupee's journey from 40 to 80 per dollar

The rupee weakened past the 40 mark and went all the way to 52 in no time, and has been depreciating steadily ever since

Rupee gains vs dollar as weak US GDP data softens Fed rate hike view

Dollar index falls as a contraction in US GDP eases Fed hike fears

Rupee rises 45 paise to close at 79.24 against USD amid fresh FPI inflows

The rupee gained 45 paise to close at 79.24 (provisional) against the US dollar on Friday as heavy buying in domestic equities and weakness in the greenback bolstered investor sentiment

Rupee at highest in nearly 3 weeks, tracks broad US dollar losses

The Indian rupee strengthened to its highest in nearly three weeks on Friday, tracking broad losses in the dollar on easing concerns over the need for continued aggressive Fed rate hikes

Rupee rises 26 paise to close at 79.65 against dollar after Fed rate hike

The rupee appreciated 26 paise to close at 79.65 (provisional) against the US dollar on Thursday, tracking a firm trend in the domestic equities. At the interbank forex market, the local unit opened at 79.80 against the greenback and finally settled at 79.65 (provisional), registering a rise of 26 paise over its previous close. During the session, the local unit witnessed an intra-day high of 79.64 and a low of 79.85 against the American currency. On Wednesday, the rupee declined 13 paise to close at 79.91 against the US dollar. The dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.12 per cent at 106.58. Brent crude futures, the global oil benchmark, rose 1.37 per cent to USD 108.08 per barrel. "Rupee traded positive on the back of positive capital markets and negative dollar reaction after Fed's 0.75 bps hike with a data-driven further stance from Fed chair Powell," said Jateen Trivedi, VP Research Analyst at LKP Securities. Tri

Indian diaspora, global bankers may profit from New Delhi's dollar crunch

India isn't in the same boat as its South Asian neighbors, even though it's in the same choppy waters

Rupee rises by 14 paise to 79.77 against US dollar in early trade

The rupee appreciated 14 paise to 79.77 against the US dollar in early trade on Thursday tracking the overnight weakness of the American currency.

RBI MPC preview: Das and Co may hike repo rate by 25-50 bps in August

If the inflation remains above 6% on average for the next three months, the RBI will have to explain to the govt in writing the reasons for its failure to keep the rate of price rise in check

After falling to record lows, rupee regains footing against US dollar

RBI's interventions and a less hawkish view on US Federal Reserve among factors that help currency