Tag: Dollar

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 […]

Mumbai: The rupee today weakened 10 paise to 64.68 against the dollar in early session as demand for the American unit from importers and banks picked up. Other than the demand surge, the dollar stayed ahead of the curve against a few currencies overseas that pushed down the rupee. It was domestic equities with a […]

Mumbai: The rupee recovered 13 paise to 64.53 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange market on fresh selling of the American currency by banks and exporters. Forex dealers said a higher opening in the domestic equity market, which soared to a new high, and a weakening dollar […]

Mumbai: The rupee weakened by 13 paise to 64.57 against the US dollar in early trade on increased month-end demand for the American currency from importers and banks. Forex dealers said the US dollar’s gain against other currencies overseas and a lower opening of the domestic equity market put pressure on the rupee. The rupee […]

Mumbai: The rupee appreciated by another 7 paise to 64.55 against the dollar in early trade today at the Interbank Foreign Exchange amid sustained selling of the American currency by exporters and banks. Forex dealers said that apart from weakness in the dollar against some currencies overseas, increased foreign fund inflows and a higher opening […]

Mumbai: The rupee strengthened by 15 paise to 64.49 per dollar in early trade on selling of the US dollar by banks and exporters. Stock markets opened on a firm note which supported the rupee in early trade, dealers said. However, the US dollar’s strength against major global currencies overseas capped the rupee’s gain, they […]