Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.04 per cent to 95.92
The rupee appreciated by 12 paise to 74.30 against the US dollar in opening trade on Friday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened strong at 74.35 against the American dollar, then inched higher to 74.30, registering a rise of 12 paise from the last close. In the previous session, the rupee surged 29 paise to close at a more than one-month high of 74.42 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent higher at 96.01. Meanwhile, on the domestic equity market front, the 30-share Sensex was trading 446.07 points or 0.77 per cent higher at 58,240.39, while the broader NSE Nifty advanced 143.40 points or 0.83 per cent to 17,347.35. Global oil benchmark Brent crude futures fell 0.39 per cent to USD 79.22 per barrel. Foreign institutional investors were net sellers in the capital market on Thursday, as they offloaded shares worth Rs 986.32
Gold prices rose in thin trade on Thursday, giving up earlier losses as the US Treasury yields eased from one-month highs
New claims for U.S. unemployment benefits fell in the week leading up to Christmas and benefits rolls slid to their lowest level of the pandemic era the previous week, data showed
Sentiment was supported, however, by signs that governments are trying to limit the economic damage by relaxing rules on isolation
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.26 per cent to 96.18
Gold prices have fallen about 5% in 2021, the most since 2015, as economies recovered from the impact of the pandemic, reducing demand for safe-haven bullion
The rupee appreciated by 15 paise to 74.56 against the US dollar in opening trade on Thursday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened strong at 74.56 against the American dollar, registering a rise of 15 paise from the last close. The rupee on Wednesday settled just one paisa lower at 74.71 against the US dollar. Positive moves in Indian equity indices aided sentiments, forex traders said, adding that trading is likely to remain range-bound this week ahead of the year-end holidays. However, firm crude oil prices contained the appreciation bias in the local unit, they added. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent higher at 95.99. Meanwhile, on the domestic equity market front, the 30-share Sensex was trading 152.31 points or 0.26 per cent higher at 57,958.80, while the broader NSE Nifty advanced 40.05 points or 0.23 per cent to 17,253.65. Global o
The dollar and yen were at the low end of their recent ranges in thin holiday trading
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.18 per cent to 96.37
The dollar index, which measures the currency against six major rivals, was up 0.177% at 96.223.
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.08 per cent to 96.02
The rupee appreciated 12 paise to 74.88 against the US dollar in opening trade on Tuesday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened strong at 74.95 against the American dollar, then inched higher to 74.88, registering a rise of 12 paise from the last close. The rupee on Monday appreciated 3 paise to nearly four-week high of 75 against the US dollar. Positive moves in Indian equity indices and stronger Asian currencies aided sentiments, forex traders said, adding that trading is likely to remain range-bound this week ahead of the year-end holidays. Moreover, Omicron worries and firm crude oil prices contained the appreciation bias in the local unit, they added. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading unchanged at 96.09. Meanwhile, on the domestic equity market front, the 30-share Sensex was trading 369.58 points or 0.64 per cent higher at 57,789.82, while the broad
Spot gold was 0.1% down at $1,806.03 an ounce by 1150 GMT but remained above the $1,800 reached last week. U.S. gold futures slipped 0.3% to $1,806.50.
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.21 per cent to 96.21
The rupee declined by 13 paise to 75.16 against the US dollar in opening trade on Monday, as muted domestic equities and persistent foreign fund outflows weighed on the local unit. Forex traders said growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as firm crude oil prices weighed on the local unit. At the interbank foreign exchange, the rupee opened weak at 75.15, then slipped further to 75.16 against the US dollar in early deals, registering a decline of 13 paise from the last close. The local unit also touched an early high of 75.02 against the greenback in initial deals. The rupee on Friday rose by 23 paise to a three-week high of 75.03 against the US dollar. On the domestic equity market front, the 30-share Sensex was trading 131.6 points or 0.23 per cent lower at 56,992.71, while the broader NSE Nifty declined 45.50 points or 0.27 per cent to 16,958.25. Forex traders said trading is likely to remain range-bound this week ah
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01
The rupee appreciated 14 paise to 75.12 against the US dollar in opening trade on Friday, as risk appetite improved amid easing fears of fallout from the Omicron coronavirus variant. At the interbank foreign exchange, the rupee opened strong at 75.12 against the American dollar, registering a rise of 14 paise from the last close. On Thursday, the rupee climbed 28 paise to close at 75.26 against the US dollar. According to a new analysis by the UK Health Security Agency (UKHSA) released on Thursday, Omicron is less severe than the Delta variant. The findings coincide with two other studies based on real-world COVID-19 UK data, which also report that the Omicron variant is less severe than the Delta variant, with fewer infected people requiring hospitalisation. Forex traders said ahead of the holidays and extended long weekend in the United States, most major currency pairs are trading in narrow ranges. The dollar index, which gauges the greenback's strength against a basket of six
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.03 per cent to 96.10
The euro slipped by 0910 GMT but held above $1.13 while the dollar index, at 96.159, was unchanged on the day but near its weakest since last Friday