Tuesday, February 28, 2017

Rupee weakens against US dollar on Asian cues in market

 The Indian rupee on Wednesday weakened against the US dollar, tracking the losses in the Asian currencies markets.The home currency opened at 66.79 against the US dollar. At 9.10am, the rupee was trading at 66.80 per US dollar, down 0.16% from its Tuesday’s close of 66.69. So far this year, it [...]

Monday, February 27, 2017

Rupee weakens against US dollar in opening trade

The Indian rupee weakened marginally against the US dollar in opening trade, ahead of the key gross domestic product (GDP) and fiscal deficit data due later on Tuesday.The local currency opened at 66.75 a dollar., the home currency was trading at 66.78, down 0.10% from its Monday’s close of 66.71.Sensex [...]

Sunday, February 26, 2017

Rupee hits 15-week high against US dollar in opening trade

 The Indian rupee on Monday hit a fresh 15-week high against the US dollar in opening trade, after foreign institutional investors (FIIs) continued to buy in local equity markets.The local currency opened at 66.72 and touched a high of 66.69, a level last seen on 10 November. At 9.15am, the home [...]

Tuesday, February 21, 2017

Indian Rupee on Tuesday was trading little changed against the US dollar

 The rupee was trading at 66.94, down 0.02% from its previous close of 66.93The Indian rupee on Tuesday was trading little changed against the US dollar in opening trade.The local currency opened at 66.95 a dollar. At 9.15am, the home currency was trading at 66.94, down 0.02% from its previous [...]

Sunday, February 19, 2017

At Todays Market Rupee trades flat against US dollar

The Indian rupee on Monday opened weaker but soon erased all the losses and was trading little changed against the US dollar.The local currency opened at 67.08 a dollar. the home currency was trading at 67.04, down 0.03% from its previous close of 67.02. Traders are focusing on results of the upcoming [...]

Wednesday, February 15, 2017

Today Rupee trades marginally lower against US dollar

 The Indian rupee on Thursday was trading marginally lower against the US dollar in the opening trade.The local currency opened at 66.95 a dollar. At 9.15am, the home currency was trading at 66.96—down 0.08% from its previous close of 66.92.Traders are focusing on the goods and services tax (GST) [...]

Tuesday, February 14, 2017

Indian rupee trading little changed against the US dollar

The Indian rupee on Wednesday was trading little changed against the US dollar in the opening trade.The local currency opened at 66.93 a dollar. At 9.15am, the home currency was trading at 66.93—down 0.01% from its previous close of 66.92.India’s 10-year bond yield was at 6.873%—from its Tuesday’s close [...]

Monday, February 13, 2017

Today Rupee strengthens marginally against US dollar

 The Indian rupee Tuesday strengthened marginally against the US dollar tracking the gains in the Asian currencies markets.The local currency opened at 66.97 a dollar.the home currency was trading at 66.96—up 0.07% from its previous close of 67.02.India’s retail inflation decelerated in January [...]

Wednesday, February 8, 2017

Currency Updates - Indian rupee on Thursday strengthened past the 67 mark

The Indian rupee on Thursday strengthened past the 67 mark to hit a fresh three-month high against the US dollar after foreign investors continued to buy in local equity and debt markets. This was the 11th out of 12 sessions when the rupee is trading higher.Foreign institutional investors (FIIs) bought [...]

Tuesday, February 7, 2017

Rupee trades slightly higher against US dollar ahead of RBI policy

The Indian rupee on Wednesday was trading marginally higher against the US dollar ahead of the Reserve Bank of India’s (RBI) bi-monthly policy decision after 2.30pm.The local currency opened at 67.37 a dollar. At 9.15am, the home currency was trading at 67.36, up 0.08% from its previous close of 67.41.Asian [...]

Monday, February 6, 2017

Today Rupee weakens against US dollar on Asian cues

 The Indian rupee on Tuesday weakened against the US dollar, snapping a nine-day rally, tracking losses in the Asian currencies markets.Traders are cautious ahead of the Reserve Bank of India’s (RBI) bi-monthly monetary policy review meeting on Wednesday.The rupee opened at 67.29 a dollar. 15At [...]

Sunday, February 5, 2017

Today Rupee opens 11 paise higher at 67.20 against US dollar

 The Indian rupee on Monday strengthened against the US dollar tracking the gains in the local equity and Asian currencies markets. The rupee gained for the ninth consecutive session, its longest winning streak since June 2011.Traders are cautious ahead of an event heavy week.The local currency [...]

Thursday, February 2, 2017

Rupee hits nearly three-month high against US dollar in opening trade

 The Indian rupee hit nearly a three-month high in the opening trade against the US dollar ahead of the US jobs data due later on Friday. The rupee gained for the eight consecutive sessions, and this was the longest gaining streak since June 2011.The local currency opened at 67.34 a dollar and [...]

Wednesday, February 1, 2017

Indian rupee hit an eight-week high against the US dollar

 The Indian rupee hit an eight-week high against the US dollar on Thursday, as foreign institutional investors (FIIs) continued to buy in local equity markets.The local currency opened at 67.42 a dollar and touched a high of 67.39, a level last seen on 8 December 2016. At 9.15am, the home currency [...]