Page 56 - Us Dollar

Rupee recovers 19 paise to end at 74.79 against US dollar on Thursday

The rupee snapped its three-session losing streak to settle 19 paise higher at 74.79 (provisional) against the US dollar on Thursday, tracking a positive trend in domestic equities

Rupee rises 22 paise to 74.76 against US dollar in early trade

The Indian rupee appreciated 22 paise to 74.76 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities. At the interbank foreign exchange, the rupee opened at 74.77 against the dollar, then inched higher to 74.76 registering a rise of 22 paise over its previous close. On Wednesday, the Indian rupee suffered its biggest single-day drop in six months, losing 54 paise against the US dollar to end at 74.98. Forex traders said market participants remain cautious also ahead of the important RBI policy statement that is scheduled to be released this Friday. The Reserve Bank's rate-setting panel started its three-day deliberations on the next bi-monthly monetary policy on Wednesday, amid rising global commodity prices and the need to contain inflation at home. The decision of the six-member Monetary Policy Committee (MPC) would be announced on Friday by RBI Governor Shaktikanta Das. Meanwhile, the dollar index, which gauges the greenback's stren

US Dollar holds near 14-month high to euro on inflation fears

The U.S. currency was steady at $1.1558 per euro after strengthening to $1.1529 on Wednesday for the first time since July of last year.

Rupee at 74.98 against USD, bond mkt shrugs off Moody's outlook upgrade

The 10-year bond yield closed at 6.28 per cent, its highest level since April 17, 2020

Indian rupee hits 5-1/2-month low; bonds fall on oil price surge

The rupee fell for a third straight session, shedding 0.7%, its biggest single-day loss since June 17

Rupee plummets 54 paise to close at 74.98 against US dollar

At the interbank foreign exchange market, the local currency opened at 74.63 and witnessed an intra-day high of 74.54 and a low of 74.99 against the US dollar in day trade.

Rupee slumps 21 paise to 74.65 against US dollar in early trade

The Indian rupee depreciated 21 paise to 74.65 against the US dollar in opening trade on Wednesday

Indian Rupee slips 13 paise to close at 74.44 against US dollar

Widening trade balance data and dollar outflows also weighed on rupee: Analyst

Indian Rupee falls 19 paise to close at 74.31 against US dollar

Meanwhile, Brent crude futures, the global oil benchmark, advanced 0.15 per cent to $79.40 per barrel.

Rupee pares initial losses to close 11 paise up at 74.12 against US Dollar

Global oil benchmark Brent crude futures fell 0.49 per cent to USD 77.93 per barrel.

Rupee slumps 12 paise to 74.35 against US dollar in early trade

The Indian rupee declined 12 paise to 74.35 against the US dollar in opening trade on Friday, tracking strength of the American currency in the overseas market and a muted trend in domestic equities

Rupee falls for 5th straight session, settles 9 paise down at 74.23/USD

The rupee declined by 9 paise to end at 74.23 (provisional) against the US currency on Thursday, marking its fifth straight session of fall, amid risk averse sentiments and foreign fund outflows. At the interbank foreign exchange market, the rupee opened on a negative note at 74.28 per dollar as against its previous close of 74.14. It hovered in the range of 74.18 to 74.36 per dollar during the day before ending at 74.23 against the American currency. The domestic unit has lost 59 paise in the last five trading sessions. "The Indian rupee depreciated for the fifth day in row amid risk averse sentiments and foreign fund outflows. Markets started pricing rollback of pandemic-related easing as growth recovers and inflation expectations stay high," said Dilip Parmar, Research Analyst, HDFC Securities. Parmar further said that the rupee stayed calmer on Thursday, compared to the prior three days, as participants are cautious ahead of the release of month-end economic data. "Trend seems

Rupee falls 22 paise to 74.36 against US dollar in early trade

The Indian rupee depreciated 22 paise to 74.36 against the US dollar in opening trade on Thursday, amid a muted trend in domestic equities

Dollar advances to one-year high; US debt ceiling impact muted

The greenback also fared well despite an impasse in Washington over the U.S. debt ceiling that threatened to plunge the government into a shutdown.

Indian Rupee falls 8 paise to close at 74.14 against US dollar

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

Dollar at strongest levels of 2021 as traders brace for Fed taper

The euro fell to $1.1657, its lowest since November 2020

Rupee slips 13 paise to 74.19 against US dollar in early trade

The Indian rupee declined 13 paise to 74.19 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities.

Dollar boosted by US Treasury yields surge; British pound drops

The euro was down 0.1% versus the dollar at $1.1686.

Indian Rupee falls 23 paise to close below 74-level against US dollar

This comes amid a lacklustre trend in domestic equities and strengthening of the American currency in the overseas market

Gold holds firm as Evergrande crisis offsets firmer dollar, yields

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