Today Rupee opens lower at 66.89 per dollar At Market

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 [...]

Today Rupee opens marginally higher at 66.80 per dollar

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 [...]

Today Rupee opens marginally higher at 66.80 per dollar

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 [...]

Today Rupee opens lower at 66.93 per dollar At Market

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 [...]

Sebi may reconsider stand on self trade

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 [...]

RBI may heed banks' request for tweaking S4A guidelines

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 [...]

Today Rupee opens lower at 66.68 per dollar in Currency Market

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. [...]

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

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 [...]

Axis Bank cuts lending rate by 0.05% across tenors

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, [...]

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

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 [...]

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

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 [...]

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

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 [...]

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

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 [...]

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

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 [...]

Today Rupee strengthens 13 paise to 66.48 vs USD in Market

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, [...]