Tag: Dollar

Mumbai: India’s benchmark stock indices followed their Asian peers lower on Tuesday, after an overnight slump on the Wall Street led by technology stocks. The S&P BSE Sensex fell 300 points while the broader Nifty settled below the 10,700-mark. “With regard to the RBI board meeting, the market drew relief from the fact that the […]

Mumbai: Broadly negative Asian markets, along with a slightly weak rupee and profit booking dragged the key domestic equity indices in the red during Monday’s morning trade session. In addition, heavy selling pressure was witnessed in banking, auto and consumer durable stocks. The Indian rupee opened on a weaker note at 72.88 per US dollar […]

Mumbai:The 30-scrip S&P BSE Sensex on Friday opened in the negative territory taking cues from its Asian peers. Heavy selling pressure was witnessed in finance, banking and metal counters. The Sensex of the BSE opened at 33,776.80 from its previous close at 33,690.09 on Wednesday. At 9.20 a.m., the Sensex traded at 33,553.39 down by […]

New Delhi: As the rupee keeps falling to new lows, a top government official on Wednesday said it was a temporary phenomenon and the long-term path for rupee-dollar exchange rate was “quite stable”. He also said the government will soon come out with the list of non-essential imports, which the government had earlier announced would […]

Mumbai: Caution ahead of key macro-economic data points, along with investors’ fears over the rise in global trade protectionist measures subdued the key Indian equity indices on Friday. According to analysts, a weak Indian rupee, coupled with consistent outflows of foreign funds as well as volatile crude oil prices dampened investors’ sentiments. Index-wise, the Nifty50 […]

Mumbai: Positive global cues and recovery in the Indian rupee lifted the benchmark S&P BSE Sensex and NSE Nifty50 to provisionally end at record closing highs on Monday. Heavy buying activity was witnessed in capital goods, metal and oil and gas stocks, analysts said. Earlier in the day, both the indices — BSE Sensex and […]

Mumbai: Fears over a rise in global protectionist measures, along with rupee movement and direction of foreign funds, are likely to chart the course of major domestic equity indices during the week starting on August 20. “Global risk will drive the market sentiments next week. The news on US-China talks to resolve trade disputes later […]

Mumbai: Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low of over 70 against a US dollar during the pre-afternoon hours on Tuesday. Around 11.00 a.m., the rupee plunged to 70.08 to a US dollar. However, soon afterward the Reserve Bank […]

London: The pound has fallen below $1.29 for the first time in almost a year on continuing worries Britain will leave the EU without a trade deal. Sterling also hit a nine-month low against the euro, and was down against the yen and Swiss franc, BBC reported on Thursday. Bank of England governor Mark Carney […]

New York: The US dollar fell against other major currencies on weaker-than-expected economic data. US privately-owned housing starts in May were at a seasonally adjusted annual rate of 1.092 million units, notching the lowest level in eight months, the Commerce Department reported on Friday. This is 5.5 per cent below the revised April estimate of […]

Mumbai: The rupee appreciated 20 paise to 69.75 against the US currency in opening trade Monday amid weakening of the American unit and positive opening in the domestic equity market. Forex traders said weakening of the US dollar against some currencies overseas aided the local unit. Meanwhile, the dollar index, which gauges the American currencies […]

Mumbai: The rupee appreciated 37 paise to 71.19 against the US dollar in early trade at the interbank foreign exchange Tuesday after crude prices fell to a 14-month low level in international market. The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit’s weakness against some currencies […]

Mumbai: Domestic benchmark indices ended on a negative note after a choppy session Friday amid weak global cues as the US Fed hinted at a rate hike next month. The 30-share Sensex fell 79.13 points, or 0.22 per cent, to close at 35,158.55. The broader NSE Nifty lost 13.20 points, or 0.12 per cent, to […]

Mumbai: The rupee Thursday weakened by 24 paise to hit another low of 74.45 against the US dollar on strong demand for the American currency from importers amid unabated foreign fund outflows and a sharp losses in the domestic equity market. At the Interbank Foreign Exchange (forex) market, the domestic currency opened weak at 74.37 […]

Mumbai: The rupee slumped to a fresh record low of 71 against the dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices. At the Interbank Foreign Exchange (Forex) market, the local currency opened lower at 70.95 a dollar and slipped further to hit […]