Page 55 - Us Dollar

Indian Rupee recovers 12 paise to end at 74.96 against US dollar

The rupee snapped its two-session losing streak to settle 12 paise higher at 74.96 (provisional) against the US dollar on Tuesday, tracking a positive trend in domestic equities. At the interbank forex market, the local unit opened at 75.05 against the greenback and witnessed an intra-day high of 74.95 and a low of 75.17 during the day trade. It finally ended at 74.96 against the American currency. On Monday, the rupee had declined by 18 paise to close at 75.08 against the US currency. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.01 per cent to 93.80. On the domestic equity market front, the BSE Sensex ended 383.21 points or 0.63 per cent higher at 61,350.26, while the broader NSE Nifty advanced 143 points or 0.79 per cent to close at 18,268.40. Brent crude futures, the global oil benchmark, fell 0.40 per cent to USD 85.65 per barrel. Foreign institutional investors were net sellers in the capital market on Monday as they offl

Indian Rupee settles 18 paise lower at 75.08 against US dollar

The rupee ended 18 paise lower at 75.08 (provisional) against the US currency on Monday due to a spike in crude oil prices and a stronger greenback against key rivals overseas. At the interbank forex market, the local unit opened on a weak note at 74.98 and witnessed an intra-day high of 74.97 and a low of 75.10 against the American currency during day trade. The local unit finally ended at 75.08, down 18 paise over its previous close. On Friday, the rupee had settled at 74.90 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent higher at 93.76. Brent crude futures, the global oil benchmark, rose 0.56 per cent to USD 86.01 per barrel. On the domestic equity market front, the BSE Sensex surged 145.43 points or 0.24 per cent to end at 60,967.05 while the broader NSE Nifty advanced 10.50 points or 0.06 per cent to settle at 18,125.40. Meanwhile, foreign institutional investors were net

Dow posts record closing high, stocks gain for 3rd week; dollar dips

On the day, MSCI's broadest gauge of global shares was flat, and the S&P 500 and Nasdaq ended lower

Dollar set for second consecutive week of declines but outlook bullish

The dollar index edged 0.1per cent lower to 93.61, putting it on track for a second straight week of falls.

Equities eye third week of gains after tech boost, dollar declines

MSCI's broadest gauge of global shares was up 0.1%, 1.4% higher on the week and just 0.8% off its all-time high

Indian Rupee rallies 47 paise to close at 74.88 against US dollar

A surging American currency in the overseas market and losses in the domestic equity markets put some pressure on the rupee, forex dealers said.

Oil gains from highest close since 2014 as US dollar falls

The Brent crude benchmark rose 34 cents to $84.67 a barrel

Indian Rupee settles 9 paise lower at 75.35 against US Dollar

The rupee ended 9 paise lower at 75.35 (provisional) against the US dollar on Monday, tracking stronger greenback against key rivals overseas and rising global crude oil prices. At the interbank forex market, the local unit opened on a steady note and later traded in a narrow range of 75.24 to 75.38 against the American currency. On Thursday, the rupee had settled at 75.26 against the US dollar. The forex market was closed on Friday for Dussehra' holiday. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.19 per cent at 94.12. Brent crude futures, the global oil benchmark, rose 1.11 per cent to USD 85.80 per barrel. On the domestic equity market front, the BSE Sensex surged 459.59 points or 0.75 per cent to end at 61,765.59; while the broader NSE Nifty jumped 138.50 points or 0.76 per cent to settle at 18,477.05. Foreign institutional investors remained net buyers in the capital market on Thursday, as they purchased sha

Dollar makes wobbly start as global inflation surges; kiwi jumps

The dollar made a wobbly start to the week on Monday with the kiwi and sterling edging higher after a red-hot inflation readout in New Zealand and hawkish remarks from Britain's central bank chief

Dollar looks set to end week down, yen nears a 3-year low

Global stock markets have rallied this week as fears about a stagflationary economy have been eased by forecast-beating corporate earnings in the United States.

Dollar pauses after rallying to one-year high earlier in week

The dollar index, which measures the currency against six rivals, was about flat at 94.016, after dropping 0.53% on Wednesday, the most since Aug. 23.

Dollar trades near one-year high after inflation data; Fed minutes on tap

The Fed will release the minutes from its meeting last month later on Wednesday, potentially providing a catalyst for more strength in the dollar

Dollar holds near one-year high amid bets for earlier Fed rate hike

The dollar held near a one-year high versus major peers on Wednesday, amid rising expectations the Federal Reserve will announce a tapering of stimulus next month

Dollar hits one-year high as US yields rise, inflation data on tap

Yields on the US two-year Treasury note jumped to their highest level in more than 18 months

Rupee declines 16 paise to 75.52; extends losses for third day

The Rupee was weighed down by a strong greenback in the overseas market and firm crude oil prices

Rupee slumps 37 paise to close at 15-month low of 75.36 against US dollar

Rising crude oil prices and a stronger American currency in the overseas market weighed on investor sentiment.

National Stock Exchange launches weekly USD-INR futures contracts

The National Stock Exchange (NSE) on Monday introduced weekly futures contracts in the US Dollar-Indian Rupee (USD-INR) currency pair

Dollar steady after jobs miss as taper hopes remain intact

September's employment report is the last one available before the Federal Reserve's Nov. 2-3 policy meeting.

Indian Rupee slumps 20 paise to close at 74.99 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent lower at 94.15.

US dollar holds near 14-month high to euro with focus on inflation

By Ritvik Carvalho