Tag: Us Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.28 per cent to 111.412.

The rupee appreciated 23 paise to close at 79.72 (provisional) against the US dollar on Thursday

The Indian rupee fell sharply on Monday and touched the 80 mark against the US dollar after the Federal Reserve chair Jerome Powell's hawkish speech.

At the interbank foreign exchange market, the Indian currency ended at 79.02, as against 79.25 closed on the previous trading session. The rupee has touched a high of 79.00 and low of 79.22 before ending at 79.02.

Crude oil prices trading near USD 100 per barrel level, however, supported the local unit, forex dealers said.

However, runaway depreciation might not happen amid the central bank's intervention, Trivedi said.

The rupee fell 14 paise to 77.69 per US dollar.

At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then lost ground to quote at 77.42, registering a fall of 52 paise from the last close.

Sanctions against Russia could undermine the global dominance of the US dollar, according to Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF)

Mumbai: The Sensex and Nifty opened on a flat note on Friday as the key banking and finance stocks traded lower. The Sensex of the BSE opened at 35,906.01 from its previous close at 35,898.35 on Thursday. At 9.18 a.m., the Sensex traded at 35,864.63 lower by 33.72 points or 0.09 per cent. The Nifty […]

Mumbai: The Sensex on Friday opened 50 points higher while the Nifty reclaimed the 10,900 mark following gains in the other Asian markets. Third quarter earning outcomes from index heavyweights such as Maruti Suzuki and Larsen and Toubro (L&T), is expected later in the day. All the sectors or BSE and NSE gained. The Sensex […]

Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 36,321.29 points on Wednesday, opened higher at 36,413.60 points. Minutes into trading, it was quoting at 36,453.62 points, up by 132.33 points, or 0.36 per cent. At […]

Mumbai: The key Indian equity indices opened in the negative territory on Monday with the S&P BSE Sensex losing over 170 points. All the sectoral indices on the BSE traded in the red except the IT and Teck stocks. Weakness in the Asian markets dampened the domestic investor sentiments on Monday, analysts said. At 9.34 […]

Mumbai: Key inflationary trends, combined with the ongoing quarterly result season, are expected to determine the movement of equity indices next week. The sharp deceleration in the rate of India’s industrial output growth is also expected have an impact on investors’ sentiments. Additionally, global cues such as concerns over the rise in crude oil prices […]

New Delhi: Sensex gained over 120 points during Wednesday afternoon’s trade session over signs of easing US-China trade tensions and expectation of healthy Q3 corporate results. The third quarter results session will start with the earning announcement of Tata Consultancy Services. The IT major is scheduled to announce its result on Thursday. Globally, investors awaited […]