Page 35 - Rupee Vs Dollar

Rupee slumps 17 paise to 74.79 against US dollar in opening trade

The rupee depreciated 17 paise to 74.79 against the US dollar in opening trade on Thursday, following a strong dollar overseas and subdued sentiment in the domestic equities. However, lower crude prices and fresh foreign fund inflows restricted the rupee's fall, forex traders said. At the interbank foreign exchange, the domestic unit opened weak at 74.75 against the dollar, then fell further to 74.79 in the morning session, registering a fall of 17 paise over its previous close. In the previous session, the rupee had settled at 74.62 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.11 per cent at 92.74. On the domestic equity market front, BSE Sensex was trading 74.49 points or 0.14 per cent lower at 52,980.27, while the broader NSE Nifty slipped 31.70 points to 15,847.95. Foreign institutional investors were net buyers in the capital market on Wednesday as they bought shares worth Rs 532.94 cro

Indian rupee posts biggest monthly fall in 15 months amid high crude prices

Traders said month-end demand for dollars from oil importers was one of the main factors driving the unit lower, while weak local equities also hurt sentiment

Rupee depreciates 5 paise to 74.28 against US dollar in early trade

The Indian rupee depreciated 5 paise to 74.28 against the US dollar in opening trade on Wednesday as firm American currency and rising crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at 74.23 against the dollar, then fell further to 74.28, registering a fall of 5 paise over its previous close. On Tuesday, the rupee had settled at 74.23 against the US dollar. "The obvious risk for the rupee is increasing COVID-19 delta variant cases, which continues to lend support to the greenback and could weigh on sentiments back home," Reliance Securities said in a research note. Moreover, Asian currencies have started flat to marginally weaker against the greenback this Wednesday morning and could also weigh on the local unit, the note added. Global oil benchmark Brent crude futures rose 0.41 per cent to USD 75.07 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was unchanged

Rupee falls 4 paise to end at 74.23 as stronger dollar weighs on sentiment

At the interbank foreign exchange market, the rupee opened at 74.26 per dollar as against its previous close of 74.19.

Rupee inches 1 paisa higher to close at 74.19 against US dollar

At the interbank foreign exchange market, the rupee opened at 74.24 per dollar as against its previous close of 74.20.

Rupee declines 6 paise to 74.26 against US dollar in early trade

The Indian rupee slumped 6 paise to 74.26 against the US dollar in opening trade on Monday as firm crude oil prices weighed on investor sentiment.

Rupee opens on flat note, inches 4 paise higher to 74.14 against dollar

The Indian rupee started on a flat note this Friday against the greenback and inched 4 paise higher to 74.14 against the US dollar in early trade tracking a muted trend in the domestic equity market. At the interbank foreign exchange, the domestic unit opened at 74.15 against the dollar, then inched higher to 74.14, registering a gain of 4 paise over its previous close. The local unit also witnessed a low of 74.19 in initial deals. On Thursday, the rupee had settled at 74.18 against the US dollar. Global oil benchmark Brent crude futures rose 0.16 per cent to USD 75.68 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent down at 91.76. Asian currencies have started flat to marginally stronger against the greenback this Friday morning and could cap weakness, however, firm crude oil prices could cap appreciation bias, Reliance Securities said in a research note. Meanwhile, the Reserve Bank of In

Rupee surges 12 paise to Rs 74.25 against US dollar in early trade

The Indian rupee strengthened by 12 paise to 74.25 against the US dollar in early trade on Wednesday even as the domestic equity market was trading with significant losses

Rupee falls 10 paise to Rs 74.20 against US dollar in early trade

The Indian rupee slumped 10 paise to 74.20 against the US dollar in opening trade on Tuesday as rising crude oil prices weighed on investor sentiment

Rupee falls 24 paise to close at 74.1 against USD on risk averse sentiment

The Indian rupee slumped 24 paise to breach the 74 per US dollar level on Monday as participants turned risk-averse

Rupee snaps 8-day losing streak; settles 22 paise up at 73.86/USD

The domestic currency had lost 128 paise in the last eight trading sessions till Thursday.

Rupee downward slide expected after hawkish Fed stand, say experts

The rupee has been under depreciation pressure in the recent past

India rupee at six-week low; bond yields rise after hawkish Fed signal

Traders said the surge in the dollar index to two-month highs following the Fed's comments on possible rate increases and a significantly higher inflation projection weighed on sentiment

Rupee depreciates 33 paise to 73.65 against US dollar in early trade

The Indian rupee slipped 33 paise to 73.65 against the US dollar in early trade on Thursday, amid the strengthening of the greenback in the overseas market

Rupee ends marginally lower to close at 73.32 against US dollar

The domestic currency has lost 52 paise in the seven trading sessions to Wednesday.

Rupee falls for 6th straight session, settles 2 paise down at 73.31/USD

The domestic currency has lost 51 paise in the six trading sessions to Tuesday.

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises

The domestic currency has lost 27 paise in the last four trading sessions.

Rupee extends losses for third session, breaches 73-mark against US dollar

The currency fell by 9 paise

Rupee falls for second day, settles 8 paise down at 72.97 against US dollar

This comes amid a lacklustre trend in domestic equities.

Rupee settles 8 paise lower at 72.99 against US dollar amid RBI policy move

The rupee fell 8 paise to close at 72.99 (provisional) against the US dollar on Friday, with forex market participants weighing RBI policy measures aimed at mitigating the COVID-19 impact on the economy. Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance amid the second COVID wave. At the interbank forex market, the local unit opened on a weak note at 73.00 against the greenback and witnessed an intra-day high of 72.95 and a low of 73.13. It finally ended at 72.99, registering a fall of 8 paise over its previous closing. On Thursday, the rupee had settled at 72.91 against the US dollar. RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) voted unanimously for keeping interest rate unchanged and decided to continue with its accommodative stance as long as necessary to support growth and keep inflation within the target. Meanwhile, the dollar index, which gauges the greenback