Page 58 - Us Dollar

Rupee rises 7 paise to 73.61 against US dollar in early trade

The Indian rupee appreciated 7 paise to 73.61 against the US dollar in opening trade on Tuesday, tracking a positive trend in domestic equities and sustained foreign fund inflows

Rupee declines 18 paise to close at 73.68 against US dollar

The currency fell tracking a strong American currency in the overseas market and muted trend in domestic equities

Rupee snaps 3-day losing streak, settles 10 paise higher at 73.50

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.11 per cent to 92.54.

Rupee plunges 18 paise to close at 73.60 against US dollar

The Indian rupee fell 18 paise to close at 73.60 (provisional) against the US dollar on Wednesday, tracking a strong American currency in the overseas market and muted trend in domestic equities.

Gold hastens retreat as dollar gains upper hand

Spot gold dropped 1.6% to $1,794.57 per ounce by 1:45 pm EDT (1745 GMT), and was set for its worst day since August 9

Rupee plunges 32 paise to close at 73.42 against US dollar

The rupee plunged by 32 paise to close at 73.42 (provisional) against the US dollar on Tuesday, tracking a strong American currency in the overseas market and muted trend in domestic equities

Weaker dollar boosts gold ahead of United States employment data

Spot gold rose 0.2% to $1,812.97 per ounce by 0641 GMT, and was down 0.2% for the week.

Dollar sinks to near one-month low ahead of a crucial US jobs report

The dollar had been strengthening for most of last month on the view that a taper could be imminent, even as Covid-19 cases spiked in the United States

Oil prices rise on optimism about economic recovery, weaker dollar

Oil prices rose more than $1 on Thursday, supported by optimism about the pace of the economic recovery from the pandemic, a sharp decline in US crude stocks and a weaker dollar.

US jobs miss pushes dollar to multi-week lows as traders wait on payrolls

The dollar loitered around multi-week lows on Thursday, pressured by softer-than-expected US labour data as traders awaited a fuller jobs readout

Rupee snaps 4-day winning streak, drops 8 paise against US dollar

The rupee snapped its four-session winning run to close 8 paise lower at 73.08 against the US dollar on Wednesday

Rupee's sudden gains have traders speculating RBI is easing grip

The rupee has rallied 1.6% in the previous three sessions to post its biggest gain for the period since March 2

Rupee rallies 29 paise to end at nearly 12-week high on dollar inflows

The rupee strengthened further by 29 paise to close at a nearly 12-week high of 73.00 against the US dollar on Tuesday, marking its fourth straight session of gain

Gold prices gain, propped up by sluggish dollar; US jobs data in focus

Gold prices gained, propped up by a sluggish dollar, with investors looking ahead to US non-farm payrolls data which could be the key to the US Federal Reserve's stimulus-tapering decision

Rupee rallies 40 paise to close at 73.29 against US dollar

The rupee surged by 40 paise to close at 73.29 (provisional) against the US dollar on Monday, supported by a firm trend in domestic equities and a weak American currency.

Foreign exchange reserves drop by $2.47 billion to $616.895 billion

Gold reserves were up by USD 913 million to USD 37.249 billion in the reporting week, the data showed.

Indian rupee posts best week in 4 months ahead of Jackson Hole speech

In the domestic bond market, the benchmark 10-year bond yield ended steady on the day but rose 2 bps on the week.

Rupee closes at a 2-month high, below 74 for first time since June 18

Supported by a firm trend in domestic equities ahead of the key speech from US Federal Reserve Chair Jerome Powell

Rupee inches 2 paise higher to close at 74.22 against US dollar

The rupee eked out a marginal 2 paise gain to close at 74.22 (provisional) against the US dollar on Thursday amid a muted trend in domestic equities. Traders said the domestic unit is trading in a narrow range as investors are awaiting cues from the key speech from US Federal Reserve Chair Jerome Powell on Friday. Moreover, a strong dollar in the overseas markets and rising crude prices weighed on the investor sentiment, forex traders said. At the interbank forex market, the local unit opened at 74.22 against the greenback and moved in a range of 74.11 to 74.27 in the day trade. It finally ended at 74.22 against the American currency, registering a rise of 2 paise over its previous close. On the domestic equity market front, the BSE Sensex ended 4.89 points or 0.01 per cent higher at 55,949.10, while the broader NSE Nifty advanced 2.25 points or 0.01 per cent to 16,636.90. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose

Gold eases as dollar halts slide, focus on Jackson Hole

Gold jumped 1.4% on Monday to the highest in nearly three weeks, driven by a broad retreat in the dollar this week