Tag: Dollar
17 Results
-
After plunging to lifetime low, rupee recovers marginally to 68.95 vs USD
The US dollar was steady against its peers in early Asian trade, having failed to extend overnight gains amid uncertainty over Chinese investments in the US
June 28, 2018 -
Rupee gains 19 paise, global dollar weakness helps
The rupee firmed up by 19 paise to 67.79 against the dollar today after increased selling of the US currency by exporters and banks.
June 22, 2018 -
Rupee recovers 7 paise against dollar in opening trade
The rupee recovered by 7 paise to 64.90 against the US dollar in opening trade on Wednesday at the forex market on increased selling of the greenback by exporters amid foreign fund inflows. A lower opening of the domestic equity market weighed on the domestic currency, but dollar’s weakness against other currencies limited the losses, …
Continue reading "Rupee recovers 7 paise against dollar in opening trade"
March 28, 2018 -
Rupee opens 2 paise higher against dollar at 64.87
Amid mixed global cues, the rupee opened 2 paise higher at 64.87 against the US dollar on Wednesday at the Interbank Foreign Exchange on selling of the greenback by exporters and banks. The dollar weakened against some currencies overseas after after US President Donald Trump sacked Secretary of State Rex Tillerson. The release of US …
Continue reading "Rupee opens 2 paise higher against dollar at 64.87"
March 14, 2018 -
Rupee rises 23 paise against dollar in opening trade
The rupee strengthened by 23 paise to 64.94 against the US dollar at the interbank forex market on Monday on fresh selling of the greenback by exporters and banks amid foreign capital inflows. Dealers said dollar’s weakness against a basket of currencies despite strong US jobs report data and early gains in domestic equity markets …
Continue reading "Rupee rises 23 paise against dollar in opening trade"
March 12, 2018 -
Rupee weakens 4 paise against US dollar in opening trade
The rupee depreciated 4 paise to 64.83 against the US dollar in opening trade on Tuesday at the forex market due to increased demand for the US currency from importers amid sustained foreign funds outflow. However, a weak dollar in global markets helped the rupee limit its losses, dealers said. Asian currencies were trading lower …
Continue reading "Rupee weakens 4 paise against US dollar in opening trade"
February 27, 2018 -
Rupee gains 6 paise against dollar in opening trade
The rupee strengthened by 6 paise to 64.67 against the dollar at the forex market on Monday on fresh selling of the American currency by exporters and banks amid strength in domestic equities. Dealers said dollar’s weakness against other currencies overseas and early gains in domestic equity markets supported the rupee. On Friday, the rupee …
Continue reading "Rupee gains 6 paise against dollar in opening trade"
February 26, 2018 -
US dollar rises amid rate-hike expectations
The US dollar climbed against most major currencies as the Federal Reserve’s latest report raised market expectations for more rate-hikes later this year. In late New York trading on Friday, the euro decreased to $1.2298 from $1.2332 in the previous session, and the British pound increased to $1.3969 from $1.3958 in the previous session, Xinhua …
Continue reading "US dollar rises amid rate-hike expectations"
February 24, 2018 -
Rupee recovers 17 paise against US dollar in early trade
The rupee recovered by 17 paise to 64.87 against the dollar in early trade on Friday on mild selling of the greenback by exporters and a higher opening in the domestic equity market. Currency traders said strength in the US dollar against major global currencies, however, capped the gains in the domestic unit. On Thursday, …
Continue reading "Rupee recovers 17 paise against US dollar in early trade"
February 23, 2018 -
Equity market indices trim initial losses
The likelihood of interest rate increase by the United States Federal Reserve ~ as hinted at in its latest minutes ~ triggered fresh selling pressure in Wall Street in overnight trade as well as on the regional exchanges in Asia-Pacific this morning. In Dalal Street traders booked profit amid volatility caused by the expiry of …
Continue reading "Equity market indices trim initial losses"
February 23, 2018 -
Rupee declines 30 paise against dollar in early trade
The rupee weakened by 30 paise to trade at a three-month low of 65.06 against the US dollar in opening session on Thursday due to increased demand for the greenback from importers amid heavy foreign fund outflows. The dollar’s gain against major world currencies, after US Federal Reserve minutes hinted at hiking interest rates faster …
Continue reading "Rupee declines 30 paise against dollar in early trade"
February 22, 2018 -
Rupee in free fall, slips 8 paise to fresh 3-month low
Extending its losses for the third session, the rupee weakened by 8 paise to trade at fresh 3-month low of 64.87 against the US dollar in opening trade ahead of RBI’s minutes for the latest policy meeting due later on Wednesday. Besides heavy demand for the American currency from importers, persistent outflows by foreign funds …
Continue reading "Rupee in free fall, slips 8 paise to fresh 3-month low"
February 21, 2018 -
Rupee gains 6 paise against dollar in opening trade
The rupee firmed 6 paise at 63.85 against the dollar in opening trade on Friday, maintaining its upward trend for the fourth straight day on sustained selling of the US currency by exporters and banks amid a higher opening in the domestic equity market. The dollar slipped to a three-year low against a basket of …
Continue reading "Rupee gains 6 paise against dollar in opening trade"
February 16, 2018 -
Rupee falls by 16 paise against dollar in early trade
The rupee depreciated by 16 paise to 64.22 against the US dollar in early trade at the interbank forex market on Monday amid sharp losses in equity markets. A currency trader said increased demand for the US currency from importers and banks and persistent losses in domestic equity markets weighed on the rupee. On Friday, …
Continue reading "Rupee falls by 16 paise against dollar in early trade"
February 5, 2018 -
Rupee gains 11 paise against dollar in early trade
The rupee advanced by another 11 paise to 63.67 against the dollar in early trade on Wednesday on increased selling of the US currency by banks and exporters amid forex inflows. Forex dealers said the dollar was trading weak against major world currencies in global markets which supported the rupee. Foreign investors put in Rs …
Continue reading "Rupee gains 11 paise against dollar in early trade"
January 24, 2018 -
Gold regains on jewellers’ buying, global cues
Gold regained glitter on Thursday with the price rising by Rs 145 to Rs 30,620 per 10 grams, driven largely by a firm trend overseas as well as pick-up in buying by jewellers in the domestic spot market. Silver also recovered by Rs 180 to Rs 39,680 per kg on increased offtake by industrial units …
Continue reading "Gold regains on jewellers’ buying, global cues"
January 11, 2018 -
Rupee starts 2018 on a better note, up 5 paise against dollar
The rupee edged higher by five paise to trade at 63.82 against the US dollar on the first trading day of 2018 on the back of increased selling of the American currency by banks and exporters. At the Interbank Foreign Exchange, the rupee was trading higher by 5 paise against the previous close of 63.82. …
Continue reading "Rupee starts 2018 on a better note, up 5 paise against dollar"
January 1, 2018