Page 61 - Us 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

Dollar near three-month high after Fed minutes reaffirm taper timeline

The dollar index, which measures the greenback against six rivals, held its ground at 92.702, little changed from Wednesday, when it touched 92.844 for the first time since April 5

Rupee declines 7 paise to close at 74.62 against US dollar as oil rises

A stronger dollar and rising crude oil prices weighed on investor sentiment.

World stocks dip from record peak, dollar firm ahead of Fed minutes

Markets are nervous about riskier assets before the release of the June policy minutes

Euro near 3-month low after soft data, dollar looks to Fed's minutes

The euro staggered near a three-month low against the dollar on Wednesday after disappointing German data raised doubts about the strength of the economic recovery

Rupee falls 24 paise against US dollar amid rising crude oil prices

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 92.38.

Forex reserves rise by $5 billion to lifetime high of $609 billion

Gold reserves rose by USD 365 million to USD 36.296 billion in the period under review, the data showed.

Dollar's near-term outlook bright, but to fade in a year: Reuters poll

A majority of analysts in Reuters polls, however, were split on the duration of the greenback's bullish trend and forecast its allure to fade in a year.

Gold prices edge lower on firmer dollar as market eye US jobs data

Gold prices edged lower on Thursday, as dollar hovered near a three-month peak, with investors looking ahead to a key US jobs report for clues on what it might mean for monetary policy

US dollar posts best month since November 2016; nonfarm payrolls loom

The dollar rose to a 2-1/2-month peak on Wednesday, posting its biggest monthly rise since November 2016, supported by a surprisingly hawkish shift in the US Federal Reserve's rate outlook

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.

Gold prices inch lower on firm dollar, US Federal Reserve hawkish stance

Gold prices eased on Tuesday, as a firmer dollar made bullion expensive for holders of other currencies

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.

Gold hits 1-week low on dollar bounce, mixed signals from Fed officials

Gold prices slipped to a one-week low on Monday, weighed down by a bounce in the dollar and mixed signals from the US Federal Reserve

Gold ticks up on weaker dollar, tamer than expected inflation data

Gold prices inched higher on Monday, as the dollar eased and tamer-than-expected US inflation data allayed fears of an early monetary policy tightening by the Federal Reserve

Dollar off to firm start as US price data fail to quell inflation worries

The dollar's index against six other major currencies was steady at 91.793, having recovered from Friday's low of 91.524 hit in the wake of the inflation readings

Forex reserves decline $4 bn to $603.93 bn on slide in gold assets

This comes amid a fall in gold and currency assets