Page 19 - Rupee Vs Dollar

Banks flag concerns on rupee, floating rate bonds ahead of RBI policy

The discussions were held ahead of the RBI's next monetary policy statement, scheduled August 5

Indian Rupee at over 1 week high on broad dollar losses; bond yields slip

The rupee appreciated 14 paise to close at 79.76 (provisional) against the US dollar on Monday tracking strong regional peers and soft greenback. At the interbank forex market, the local unit opened at 79.86 against the greenback and finally settled at 79.76 (provisional), registering a rise of 14 paise over its previous close. During the session, the local unit witnessed an intra-day high of 79.70 and a low of 79.87 against the American currency. In the previous session, the rupee had closed at 79.90 against the American currency. The dollar index, which measures the greenback's strength against a basket of six currencies, was down 0.38 per cent at 106.32. Brent crude futures, the global oil benchmark, rose 1.25 per cent to USD 104.49 per barrel. According to Dilip Parmar, Research Analyst, HDFC Securities, the Indian rupee started the week on the front foot following stronger regional currencies and weaker crude oil prices. "We have entered the Fed week with markets back to th

As rupee continues to slide, RBI may be back to spot intervention

Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion since the end of May to $573 billion, according to its data

India's bond yields fall as US peers dip; rupee strengthens slightly

Indian bond yields tracked a slide in their US peers and the rupee inched higher amid a modest rise in other Asian currencies

Rupee rises 9 paise to 79.81 against US dollar as crude oil prices fall

Global oil benchmark Brent crude futures fell 0.54 per cent to USD 102.62 per barrel

3 in 4 indians feel rupee fall will have an adverse impact: Survey

The survey noted that 52 per cent expect health care and medicines costs to escalate

Rupee at 80: What can be done?

We need to maintain the gap of interest rate differential with the US by raising rates in a meas­ured way and allow the rupee to find its own level

Rupee faces risk of further decline against dollar in near term: Experts

Indian rupee may further depreciate to 82 to a dollar in the near term due to widening of trade deficit and expected aggressive rate hike by the US Fed later this week to tame record high inflation

Rupee strengthened against all major currencies other than dollar: CEA

He added that unlike earlier crises, the depreciation of the rupee against the US dollar was lower than other major global currencies such as the Swiss Franc, the Euro, the British pound and the Yen

Rupee's sharp fall against dollar not a worry for edible oil manufacturers

The rupee on July 21 hit a low of 80.06 per dollar in intraday trade but it bounced back to close at 79.99

Rupee settles almost flat; falls 1 paisa to close at 79.86 against dollar

The rupee settled on a flat note on Friday as gains from positive domestic equities and fresh foreign inflows were negated by strong demand for the American currency in the overseas market. At the interbank forex market, the local unit opened lower at 79.90 against the greenback and finally settled at 79.86, registering a fall of just 1 paisa from its previous close. During the day the local unit witnessed an intra-day high of 79.86 and a low of 79.92 against the American currency. On Thursday, the rupee recovered from its all-time low of 80.06 to close 20 paise higher at 79.85 against the US dollar following overall weakness in crude oil prices and fresh foreign fund inflows. The dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.20 per cent at 107.12. Brent crude futures, the global oil benchmark, fell 0.56 per cent to USD 103.28 per barrel. "Surge in domestic markets, FII inflows and softening crude oil prices supported the Rupee

Rupee falls 7 paise to 79.92 against dollar on account of firm crude prices

The rupee depreciated 7 paise to 79.92 against the US dollar in opening trade on Friday tracking the strength of the dollar in the overseas market and firm crude oil prices

Indian economy relatively better placed amid grim global scenario: RBI Guv

"RBI has been supplying US dollars to the market to ensure adequate supply of liquidity," Governor Shaktikanta Das said

Rupee rises 20 paise to close at 79.85 against USD on fresh FPI inflows

The rupee recovered from its all-time low of 80.06 to close 20 paise higher at 79.85 (provisional) against the US dollar following overall weakness in oil prices and fresh foreign fund inflows.

Rupee unlikely to get any tailwind this fiscal: UBS Securities' report

Rupee, which has plumbed the 80-level against the US dollar, is unlikely to get any tailwind this fiscal and may fall further in the medium term due to higher crude prices and imports, says a report.

Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%

CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent

Next pain point for the rupee: $79 billion of unhedged offshore loans

The nation's firms had $79 billion of unhedged offshore loans at the end of March, about 44% of their total overseas borrowings, according to the latest data from the Reserve Bank of India

Rupee falls by 1 paisa to all-time low of 80.06 against US dollar

The rupee depreciated 1 paisa to its all-time low of 80.06 against the US dollar in opening trade on Thursday amid demand for dollar from oil importers and firm crude oil prices

India's economic recovery falters as high prices, falling rupee bite

India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month

Rupee depreciation against US dollar lower than other major currencies: CEA

CEA Nageswaran said that the depreciation of the rupee against the US dollar has been lower than other major global currencies such as the Euro, the British pound and the Japanese yen