Thursday, December 29, 2016

Today Rupee opens 15 paise higher at 67.95 against dollar

 Rupee opened nearly 15 paise higher at 67.95 against the US dollar on account of fresh selling of American currency by banks and exporters in view of weakness in greenback overseas amid mixed global cues.The dollar index, which tracks the greenback against a basket of major currencies, declined [...]

Wednesday, December 28, 2016

Rupee opens nearly 3 paise higher at 68.20 against dollar

 The Indian rupee on Thursday strengthened marginally against the US dollar, tracking gains in the Asian currencies markets.The home currency opened at 68.23 against the US dollar. the rupee was trading at 68.17 per US dollar, up 0.11% from its previous close of 68.24. So far this year, it [...]

Tuesday, December 27, 2016

Today Rupee weak Against US dollar in early trade

 The Indian rupee on Wednesday weakened for the second session and hitting an over three-week low against the US dollar because of consistent sell-offs by foreign institutional investors in domestic equity and debt markets.The home currency opened at 68.05 against the US dollar and touched a low [...]

Monday, December 26, 2016

Today Rupee trades marginally lower against US dollar

 The Indian rupee on Tuesday was trading marginally lower against the US dollar tracking the losses in its Asian peers. Trade is likely to be thin because many dealers are on year-end holiday.The home currency opened at 67.81 against the US dollar. At 9.15am, the rupee was trading at 67.83 per [...]

Sunday, December 25, 2016

Today Rupee rises 3 paise to 67.79 against dollar in early trade

The Indian rupee on Monday was trading little changed against the US dollar. Trade is likely to be thin because many dealers are on year-end holiday.The home currency opened at 67.81 against the US dollar. At 9.15am, the rupee was trading at 67.82 per US dollar, up 0.01% from its previous close of 67.83. [...]

Thursday, December 22, 2016

Rupee inches up 9 paise to 67.90 against dollar in early trade

 The rupee ruled higher against the dollar, rising 9 paise to 67.90 in early trade at the Inter-bank Foreign Exchange today on increased selling of the US currency by exporters and banks.Forex dealers said that besides selling of the American unit by exporters, the dollar's weakness against some [...]

Wednesday, December 21, 2016

Rupee extends rally, rises 8 paise to 67.83 against dollar

The rupee extended Wednesday's gains and opened 8 paise higher at 67.83 against the dollar on Thursday after the American currency lost some of the steam against a basket of top global currencies as investors booked some profit before the release of US economic data due later in the day.The domestic [...]

Tuesday, December 20, 2016

Rupee recovers 10 paise against dollar in early trade

 The rupee gained some strength and was trading nearly 10 paise higher at 67.93 against the US dollar in early trade on Wednesday on some selling pressure in the American currency from domestic companies and banks.Domestic equity indices Sensex and Nifty opened in the green, following firm global [...]

Monday, December 19, 2016

Today Rupee trades 6 paise higher at 67.81 against US dollar

 The rupee was trading nearly 6 paise higher at 67.81 against the US dollar in early trade on Tuesday amid buying of the American currency by banks and exporters amid mixed global cues.The domestic equity indices opened on a flat note. The 30-share Sensex opened 0.11 points down at 26,374, while [...]

Sunday, December 18, 2016

Rupee opens nearly 4 paise down at 67.80 against dollar

The rupee opened nearly 4 paise down at 67.80 against the US dollar on Monday amid buying of the greenback by banks and exporters.The domestic equity market opened on a cautious note following mixed global cues. The BSE Sensex opened 16.10 points, or 0.06 per cent, higher at 26,505, while NSE's Nifty50 [...]

Thursday, December 15, 2016

Rupee opens nearly 2 paise up at 67.82 against dollar

The rupee opened nearly 2 paise higher at 67.82 against the dollar on Friday amid some selling of the American currency by banks and exporters. The US dollar continued to trade near to its 14-year high level against a basket of major currencies as markets repositioned for a faster pace of rate hikes [...]

Wednesday, December 14, 2016

Rupee sinks over 35 paise against dollar after Fed hike

 The rupee weakened nearly 36 paise to 67.80 against the dollar in early trade on Thursday on account of brisk buying of American currency by banks and importers.The dollar hit its 14-year high on Thursday against a basket of major currencies after the Fed boosted the number of expected interest [...]

Tuesday, December 13, 2016

Rupee trades 9 paise higher at 67.45 against US dollar in early trade

 The rupee was trading nearly 9 paise higher at 67.45 against the dollar in early trade on Wednesday amid some selling of the American currency by exporters and corporate houses ahead of the FOMC policy rate decision later in the day. The domestic currency opened at 67.54 against dollar on [...]

Monday, December 12, 2016

Rupee opens nearly 5 paise down at 67.47 against dollar

 The rupee opened nearly 5 paise down at 67.47 against the dollar on Tuesday on account of buying of the American currency by banks and importers as its Asian peers weakened.According to market experts, traders are cautious ahead of macro-economic data due later in the day and the two-day rate-setting [...]

Thursday, December 8, 2016

Today Rupee opens nearly 16 paise down at 67.52 against dollar

 The rupee opened nearly 16 paise down at 67.52 against the dollar on Friday on account of selling of the greenback by banks and importers.The domestic currency was trading 22 paise down at 67.58 in early trade around 9.15 am.Extending its gains for the third straight day, the rupee on Thursday [...]

Wednesday, December 7, 2016

Today Rupee surges 19 paise against dollar in early trade

 The Rupee climbed 19 paise, or 0.28 per cent, to 67.44 against the dollar in early trade on Thursday amid selling of the greenback by banks and exporters amid firm global cues. The local currency opened 10 paise higher at 67.53 against the dollar.Benchmark equity index BSE Sensex opened 129.65 [...]

Tuesday, December 6, 2016

Rupee opens 6 paise higher at 67.84 against dollar

 The rupee opened nearly 6 paise higher at 67.84 against the dollar on Wednesday amid selling of the greenback amid expectation of a rate cut by the Reserve Bank of India later in the day.The domestic equity market opened on a flat note with a positive bias, following mixed global cues.Benchmark [...]

Monday, December 5, 2016

Today Rupee climbs 15 paise to 68.07 against dollar

The rupee climbed nearly 15 paise to 68.07 against dollar in early trade on Tuesday on account of selling of American currency by banks and exporters. Overall market sentiments are looking cautious ahead of the Reserve Bank of India's monetary policy review on Wednesday.Meanwhile, domestic equity markets [...]

Sunday, December 4, 2016

Today Rupee advances 7 paise to 68.15 against dollar in early trade

The rupee started nearly 7 paise higher against the US dollar at 68.15 on Monday amid selling of the American currency by banks and exporters.The domestic equity market opened on a flat note, following mixed global cues.The local currency was trading 6 paise up at 68.15, while equity benchmark Sensex [...]

Thursday, December 1, 2016

Rupee slips after opening gains, down 3 paise at 68.38 against dollar

The rupee wiped off its opening gains and was trading nearly 3 paise down at 68.38 in early trade on Friday on account of sustained foreign fund outflows coupled with buying of American currency by banks and importers. Meanwhile, weak opening of domestic equity markets further affected market sentiments.The [...]

Wednesday, November 30, 2016

Rupee opens nearly 10 paise down at 68.48 against dollar

 The Rupee opened nearly 10 paise down at 68.48 against the US dollar on Thursday on account of fresh buying of the American currency by banks and exporters. Market sentiment got affected after the GDP growth print for the September quarter came in at 7.3 per cent, which was lower than 7.6 [...]

Tuesday, November 29, 2016

Rupee edges up 7 paise to 68.58 against dollar in early trade

The rupee opened 3 paise down on Wednesday morning, but soon recovered by 7 paise to 68.58 against the US dollar as banks and exporters sold some American currency.The domestic equity market opened higher following mixed global cues. The BSE Sensex was up 70 points, or 0.27 per cent, at 26,464 at around [...]

Monday, November 28, 2016

Rupee appreciates nearly 5 paise to 68.72 against US dollar

 Indian rupee appreciated around 5 paise in early trade on Tuesday on account of some selling of American currency by banks and exporters. Meanwhile, domestic equity markets opened on a flat note with marginal gains. The NSE Nifty opened 4.65 points, or 0.06 per cent, up at 8,131.55, while BSE [...]

Sunday, November 27, 2016

Rupee wipes off opening gains, down 12 paise against dollar in early trade

  The Rupee wiped off its opening gains and was trading nearly 12 paise down at 68.54 against the dollar in early trade on Friday amid continued buying of the American currency by banks and importers.The local currency opened 5 paise up at 68.42 against the greenback. Meanwhile, the domestic [...]

Thursday, November 10, 2016

Rupee hits 7 week-low against US dollar in early trade

The rupee traded 47 paise down at 67 against the US dollar in early trade on Friday due to a strong demand for the greenback globally and outflow of foreign institutional investors’ capital.Benchmark equity indices Sensex and Nifty50 opened in the red, following mixed global cues. The 30-share Sensex [...]

Wednesday, November 9, 2016

Today Rupee Gains nearly 8 paise against the US dollar in early trade

 The rupee gained nearly 8 paise against the US dollar in early trade on Thursday amid firm opening of the domestic equity market following robust global cues. However, the local currency opened on a flat note at 66.43 level against the US dollar.The rupee was trading 7 paise higher at 66.36 against [...]

Tuesday, November 8, 2016

Today Rupee plunges 23 paise on Modi's black money crack down

 Rupee plummeted by 23 paise to 66.85 against the US dollar in early trade on Wednesday on the government's surprise move to ban Rs 500 and Rs 1,000 currency notes in a bid to curb black money.Besides, an early trend suggesting Republican Donald Trump's lead in US presidential election also influenced [...]

Monday, November 7, 2016

Today Rupee gains 7 paise against dollar in early trade at Market

 The Indian rupee was trading nearly 4 paise higher against the US dollar in early trade on Tuesday on account of selling of American currency by banks and exporters amid a positive start of domestic equity markets. The local currency was trading 3 paise higher at 66.71 at 9.14 am. Meanwhile, [...]

Sunday, November 6, 2016

Today Rupee climbs nearly 2 paise ; wipes off initial losses

 The Indian rupee was trading nearly 2 paise higher at 66.68 in early trade on Monday on account of selling of American currency by banks and importers amid a firm start of domestic equity market. However, the local currency started the day around 4 paise lower at 66.74 against the dollar. Benchmark [...]

Thursday, November 3, 2016

Today Rupee advances 3 paise against dollar in early trade

 The Indian rupee opened nearly 2 paise higher against the US dollar on Friday on account of selling of the greenback by banks and exporters amid a cautious start of domestic equity market tracking mixed global cues.The rupee was up by 3 paise at 66.72 against the dollar. Benchmark BSE Sensex was [...]

Wednesday, November 2, 2016

Today Rupee climbs 2 paise against dollar in early trade

The Indian rupee gained nearly 2 paise against the US dollar in early trade on Thursday after opening on a flat note at 66.72. Some selling of the greenback by banks and importers supported the local currency. At 9.13 am, the rupee was trading 1 paise higher at 66.71 against the US dollar.Meanwhile, [...]

Tuesday, November 1, 2016

Today Rupee opens nearly 6 paise lower at 66.80 against dollar

 Rupee opened nearly 6 paise lower at 66.80 against the US dollar on Wednesday on account of selling on the US greenback by banks and exporters amid subdued opening of domestic equity markets. Benchmark stock indices BSE Sensex and NSE Nifty opened 197.29 points and 83.45 points down at 27,679.32 [...]

Thursday, October 27, 2016

Today Rupee opens lower at 66.89 per dollar At Market

 The Indian rupee opened marginally lower at 66.89 per dollar on Friday against previous close 66.86. We expect it to trade in the 66.80-67.50/dollar range in the near term with a weakening bias The US dollar hit its highest in more than seven and a half years amid increased confidence [...]

Wednesday, October 26, 2016

Today Rupee opens marginally higher at 66.80 per dollar

The Indian rupee opened marginally higher at 66.80 per dollar on Wednesday versus 66.82 Tuesday.The rupee will take cues from equity markets and trade between 66.65-67.10/dollar," he added. The dollar hit its highest level in nearly eight months against the euro and a roughly three-month high against [...]

Tuesday, October 25, 2016

Today Rupee opens marginally higher at 66.80 per dollar

 The Indian rupee opened marginally higher at 66.80 per dollar on Wednesday versus 66.82 Tuesday.The rupee will take cues from equity markets and trade between 66.65-67.10/dollar,The dollar hit its highest level in nearly eight months against the euro and a roughly three-month high against the [...]

Monday, October 24, 2016

Today Rupee opens lower at 66.93 per dollar At Market

 The Indian rupee opened lower by 8 paise at 66.93 per dollar on Tuesday versus previous close 66.85.The US dollar hovered near a roughly nine-month high against a basket of major currencies and touched a one-week high against the yen on growing expectations of a Federal Reserve interest rate increase [...]

Sunday, October 23, 2016

Sebi may reconsider stand on self trade

 Securities and Exchange Board of India is likely to review its decision of penalising brokers for 'self trades'. Sebi has called for a meeting of stock brokers and legal heads of stock exchanges on October 26 to discuss the matter.Orders that match with each other with no resultant change in ownership [...]

Thursday, October 20, 2016

RBI may heed banks' request for tweaking S4A guidelines

CNBC-TV18 learns from sources that RBI could be mulling a few tweaks to the S4A of Scheme for Sustainable Structuring of Stressed Assets. Banks have requested the regulator to consider their plea for a more watered-down version of the scheme which splits a loan into sustainable and unsustainable [...]

Wednesday, October 19, 2016

Today Rupee opens lower at 66.68 per dollar in Currency Market

 The Indian rupee has opened lower at 66.68 a dollar compared with previous day's closing of 66.67 per dollar.US DOLLAR INDEX (USD) The US Dollar Index traded higher by mere 0.04 percent in yesterday’s trading session after the Fed’s latest Beige Book showed a positive outlook for the US economy. [...]

Tuesday, October 18, 2016

Today Rupee opens lower at 66.68 per dollar In the Currency Market

 The Indian rupee opened marginally higher at 66.68 per dollar on Wednesday against previous close 66.72.  The US dollar was mixed as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this [...]

Monday, October 17, 2016

Axis Bank cuts lending rate by 0.05% across tenors

Private sector Axis Bank has cut the marginal cost of fund based lending rate by 0.05 percent across all tenors, effective tomorrow (Tuesday)."The bank has decided to reduce the MCLRs (marginal cost lending rate) of the bank by 5 basis points across all tenors. This will be effective from October 18, [...]

Sunday, October 16, 2016

Today Rupee opens at 66.80 per dollar; down 10 paise In currency Market

 The Indian rupee opened lower by 10 paise at 66.80 per dollar on Monday versus 66.70 Friday.The dollar on Friday posted its best weekly performance in more than seven months after strong US retail sales and producer prices data for September reinforced expectations the Federal Reserve would raise [...]

Thursday, October 13, 2016

Rupee bounces back, opens 9 paise higher at 66.84/$

The Indian rupee has bounced back on Friday. It has opened at 66.84 a dollar, higher by 9 paise compared with 66.93 a dollar in previous session.US DOLLAR INDEX (USD)In spite of the robust release of unemployment claims data from the nation, the US Dollar Index traded lower by 0.45 percent yesterday [...]

Thursday, October 6, 2016

Today Rupee opens lower at 66.56 per dollar In the Currency Market

The Indian rupee opened marginally lower at 66.56 per dollar on Thursday versus 66.50 Wednesday.The dollar held steady against a basket of currencies as upbeat data on US services sector offset a weaker-than-expected report on private job growth, while the euro was broadly higher in step with a rise [...]

Tuesday, October 4, 2016

Today Rupee opens at 66.63 per dollar; down 17 paise iN market

The Indian rupee opened lower by 17 paise at 66.63 per dollar on Wednesday against previous close 66.46.The greenback strengthened on upbeat economic data and bets on a year-end US interest rate increase. While the British pound took a beating, falling to its lowest level against the buck since 1985 [...]

Monday, October 3, 2016

Today Rupee marginal gains at 66.55 per dollar vs USD in Market

 The Indian rupee opened with marginal gains at 66.55 per dollar on Tuesday versus 66.59 Monday.The dollar extended gains against the yen to the longest streak since August as a report showed US manufacturing expanded in September after unexpectedly shrinking a month earlier. US DOLLAR INDEX [...]

Sunday, October 2, 2016

Today Rupee strengthens 13 paise to 66.48 vs USD in Market

 The rupee advanced 13 paise to 66.48 against the US dollar in early trade Monday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.Besides, a higher opening in the domestic equity market also supported the domestic unit, forex dealers said.However, [...]

Thursday, September 29, 2016

Today Rupee opens flat at 66.85 per dollar In currency Market

The Indian rupee remained unchanged in opening at 66.85 per dollar on Friday against previous close of 66.85.The US dollar snapped its longest slide since August as gross domestic product and jobless claims data bolstered speculation the Federal Reserve is set raise interest rates by year-end.US DOLLAR [...]

Tuesday, September 27, 2016

At Todays Market Rupee opens higher at 66.44 per dollar

 The Indian rupee opened higher by 4 paise at 66.44 per dollar on Wednesday versus previous close of 66.48.The 10-year US Treasury note yield hovered near a three-week low of 1.546 percent touched overnight amid speculation that Europe's banking woes could delay the Fed's next interest rate hike. US [...]