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 weakens marginally against US dollar

Today Rupee weakens marginally against US dollar

 

The Indian rupee on Tuesday weakened marginally against the US dollar, tracking the losses in the Asian currencies markets.

The rupee opened at 65.40 a dollar. the home currency was trading at 65.42, down 0.08% from its Monday’s close of 65.36.

So far this year, rupee gained 4% while foreign institutional investors have bought $4.23 billion and $1.28 million from local equity and debt markets, respectively.

Asian currencies were trading lower after Federal Reserve Bank of Chicago president Charles Evans addressed the timing for further tightening.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.22, down 0.19% from its Monday’s close of 100.41.

 

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Today Rupee appreciates 8 paise to 65.38 against US dollar in early trade

Today Rupee appreciates 8 paise to 65.38 against US dollar in early trade

 

The Indian rupee on Monday strengthened further against the US dollar after foreign investors continued to buy in local equity and debt markets.

The rupee opened at 65.39 a dollar. the home currency was trading at 65.38, up 0.14% from its Friday’s close of 65.48.

So far this year, rupee gained 3.9% while foreign institutional investors have bought $3.98 billion and $1.23 million from local equity and debt markets, respectively.

Asian currencies were trading higher after dollar index weakened to five-month low after a measure of US inflation expectations dropped to a record low.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 100.16, down 0.14% from its Monday’s close of 100.30.

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Today Rupee hits fresh 16-month high against US dollar in market

Today Rupee hits fresh 16-month high against US dollar in market

 

The Indian rupee strengthened for the third session to hit a fresh 16-month high against the US dollar ahead of the outcome of US Federal Reserve meeting due later on Wednesday.

The rupee opened at 65.76 a dollar and touched a high of 65.53, a level last seen on 3 November 2015. At 9.50am, the home currency was trading at 65.55, up 0.40% from its previous close of 65.82.

Asian currencies were trading marginally lower. Taiwan dollar was up 0.23%, Thai baht 0.13%, South Korean won 0.12%, Philippine peso 0.06% and Singapore dollar 0.06%. However, Japanese yen was down 0.07%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.67, down 0.03% from its Monday’s close of 101.7.

 

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Today Rupee weakens against US dollar on Asian cues

Today Rupee weakens against US dollar on Asian cues

 

The Indian rupee on Thursday weakened against the US dollar tracking the losses in its Asian peers after better-than-expected private US employment data boosted the speculation that Federal Reserve may raise interest rates in its March meeting.

The rupee opened at 66.82 a dollar. At 9.15am, the home currency was trading at 66.84, down 0.2% from its Wednesday’s close of 66.70.

Asian currencies were trading lower. South Korean won was down 0.81%, Taiwan dollar 0.24%, Indonesian rupiah 0.15%, China offshore 0.14%, Malaysian ringgit 0.11%, Japanese yen 0.09%, China renminbi 0.08%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 102.133—up 0.06% from its Monday’s close of 102.07.

On Wednesday night, the ADP employment report showed private payrolls surged by 298,000 last month, far above expectations.

 

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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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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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Rupee weakens against US dollar in opening trade

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 index rose 0.17% or 48.46 points to 28,853.33. So far this year, it has risen 8.2%.

Most Asian currencies were trading lower. Thai baht was down 0.19%, Malaysian ringgit 0.15%, Taiwan dollar 0.06%. However, Japanese yen was up 0.12%, South Korean won 0.08%, China Offshore 0.05%.

The dollar index, which measures the US currency’s strength against major currencies, was trading at 101.17, up 0.04% from its previous close of 101.13.

Traders are cautious ahead of the US President Donald Trump’s first address to the US Congress on Tuesday.

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