Today Rupee opens marginally higher against US dollar in market

Today Rupee opens marginally higher against US dollar in market

 

The Indian rupee on Friday was trading marginally higher against the US dollar in the opening trade.
 

The rupee opened at 65.49 a dollar. At 9.15am, the home currency was trading at 65.50, up 0.04% from its previous close of 65.53.

Asian currencies were trading lower. Japanese yen was down 0.31%, Thai baht 0.23%, Singapore dollar 0.14%, China Offshore 0.13%, China renminbi 0.09%. However, Philippines peso was up 0.13%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 99.955—up 0.19% from its Monday’s close of 99.76.

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Today Rupee trades low at 65.57 against US dollar in market

Today Rupee trades low at 65.57 against US dollar in market

 

The Indian rupee on Wednesday weakened against the US dollar tracking the fall in global equity markets.

The rupee opened at 65.55 and touched a low of 65.57 a dollar. The home currency was trading at 65.57, down 0.42% from its Monday’s close of 65.28.

Asian currencies were trading lower. South Korean won was down 0.4%, Philippines peso 0.26%, Taiwan dollar 0.19%, Malaysian ringgit 0.14%, Singapore dollar 0.1% and Indonesian rupiah 0.1%. However, Japanese yen was up 0.1%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 99.84, up 0.03% from its Monday’s close of 99.81.

 

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Today Rupee Hit four month high Against Us dollar In market

Today Rupee Hit four month high Against Us dollar In market

 

The Indian rupee on Tuesday hit a four-month high against the US dollar ahead of the key events in domestic as well as international markets due later this week.

Gains in the rupee was also due to continued buying from foreign institutional investors (FIIs) in both local equity and bond markets. So far this year, FIIs have bought $1.76 billion and $430.60 million from local equity and debt markets, respectively.

The local currency opened at 66.67 a dollar and touched a high of 66.61—a level last seen on 10 November. At 9.54am, the home currency was trading at 66.61—up 0.14% from its Monday’s close of 66.72. Year to date, the rupee has gained 1.9%.

Asian currencies were trading stronger. South Korean won was up 0.53%, Taiwan dollar 0.18%, Singapore dollar 0.05%, Indonesian rupiah 0.04%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.66—up 0.01% from its Monday’s close of 101.64.

 

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Today Rupee weakens against dollar on Asian cues

Today Rupee weakens against dollar on Asian cues

 

The Indian rupee on Friday weakened against the US dollar, following losses in its Asian peers on the prospects of US Federal Reserve interest rate hike in its mid-March meeting.

The local currency opened at 66.88 a dollar. At 9.15am, the home currency was trading at 66.89—down 0.26% from its Friday close of 66.71.

Traders are cautious ahead of the US Fed chairwoman Janet Yellen and vice-chairperson Stanely Fischer’s speech later in the day which may give cues on possible interest rate hike.

Asian currencies weakened. South Korean won was down 1.05%, Taiwan dollar 0.67%, Indonesian rupiah 0.27%, China renminbi 0.17%, Malaysian ringgit 0.16%, China Offshore 0.12%, Singapore dollar 0.11%.

However, Japanese yen was up 0.12%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 102.08—down 0.12% from its previous close of 102.20.

 

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Today Rupee trades marginally higher against US dollar

Today Rupee trades marginally higher against US dollar

The Indian rupee on Thursday was trading marginally higher against the US dollar in opening trade, tracking gains in the local equity markets.

The local currency opened at 66.76 a dollar. the home currency was trading at 66.77, up 0.11% from its previous close of 66.83.

Most Asian currencies were trading lower after US Federal Reserve officials prompted gains in the dollar by signalling increased willingness to tighten monetary policy as early as March.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.89, up 0.13% from its previous close of 101.78.

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Rupee weakens against US dollar on Asian cues in market

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 has risen 1.69%.

India’s benchmark Sensex index was trading at 28,851.12 points, up 0.38% or 107.80 points from its previous close. So far this year, it has risen 7.95%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.47, up 0.35% from its previous close of 101.12.

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Indian rupee trading little changed against the US dollar

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 of 6.875%. Bond yields and prices move in opposite directions. India’s benchmark Sensex index fell 0.28% or 80.12 points to 28,259.19 on Wednesday. So far this year, Sensex has risen 6.4%.

Asian currencies were trading higher. Taiwan dollar was up 0.15%, China Offshore spot 0.11%, Singapore dollar 0.06%, China renminbi 0.05%. However, South Korean won was down 0.28%, the Philippines peso 0.14%, Japanese yen 0.07%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.26—up 0.01% from its previous close of 101.25.

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Today Rupee opens 11 paise higher at 67.20 against US dollar

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 opened at 67.21 a dollar and touched a low of 67.20, a level last seen on 11 November 2016. At 9.15am, the home currency was trading at 67.22, up 0.17% from its previous close of 67.32.

The Reserve Bank of India (RBI) will meet on Wednesday for its bi-month policy. Seven out of 10 bank economists polled by Mint expect RBI to cut its repo rate by 25 basis points to 6%. The other three expect the repo rate to remain unchanged.

Asian currencies were trading higher as the dollar weakened after mixed US employment data reduced expectations for a US Federal Reserve interest rate increase in March.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 99.71, down 0.16% from its previous close of 99.87.

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