Forex News
- Asia's equity valuations climb to decade high in May
- F&O: Breakout from ‘Cup & Handle’ pattern will add to Nifty momentum
- Tech View: Bulls are on a high as Nifty sets sights on 10,000 mark
- RIL's mega right issue world's biggest by a non-financial issuer in 10 years
- India's May gold imports fall 99% from a year ago to 1.4 tonnes: Source
- Britannia Q4 results: Profit rises 32% to Rs 381 crore; revenue up 2%
- Hummingbird Resources joins WGC's board of members
- Which sectors should you focus on to build your portfolio?
- Outlook for next 6-9 months is quite bearish: Shapoorji Pallonji
Rupee opens 3 paise down at 75.57 against dollar
India’s bid for tighter grip on rupee trading is put to test- Rupee opens 27 paise up at 75.35 against dollar
- Dollar slips as investors focus on recovery outlook
- Forex reserves soar to record high of $490.04 billion
- "Make Europe Great Again" recovery fund to reverse euro's fortunes: BofA
- Rupee settles 14 paise higher at 75.62 against US dollar
- Dollar bides time, yuan falls before Trump takes stage on China
- Rupee settles 5 paise lower at 75.76 against US dollar
Yuan hits 9-month low as US-China tensions return
Renewed protests in Hong Kong added to the nervous mood.
Rupee rises 7 paise against the US dollar
“For the day, we expect volatility for the rupee to be confined to a narrow range of 75.40 and 76.20,” MOSL said.
Rupee settles 5 paise lower at 75.71 against US dollar
Strengthening of the American currency overseas also weighed on the domestic unit.
Rupee slips 6 paise to 75.73 against US dollar
In Asian trade, the dollar edged higher on Wednesday as worries about the US response to China's proposed security law for Hong Kong supported safe-haven demand for the greenback, Reuters reported.
Dollar edges higher as US-China worries resurface
The dollar edged up to $1.2321 against the pound on Wednesday in Asia, pulling away from its lowest level in two weeks.
Rupee settles 29 paise higher at 75.66 against US dollar
On Friday, rupee had settled at 75.95 against the US dollar.
Euro, riskier currencies buoyed as investor sentiment improves
The trade-sensitive Australian and New Zealand dollars each rose about 0.7 per cent.
Rupee inches 21 paise higher in early trade
“For the day, we expect the rupee (Spot) to quote in the range of 75.40 and 76.20,” MOSL said.
Dollar on front foot as worries about Hong Kong stir risk aversion
In onshore trade, the yuan eased slightly to 7.1422 per dollar, approaching the lowest in more than seven months.
Rupee falls 34 paise to close at 75.95 against US dollar
During the trading session, it touched an intra-day high of 75.71 and a low of 75.95.
Rupee slips 20 paise after RBI’s surprise rate cut
Das said inflation outlook is highly uncertain and India is seeing a collapse in demand.
Rupee rises 19 paise to 75.61 against US dollar
On Wednesday, the rupee had settled at 75.80 against the US dollar.
Rupee opens 10 paise up against the dollar
Motilal Oswal Financial Services believes the local unit will remain under pressure on the back of fund outflows by the FIIs from the equity and debt segment.
Dollar nurses losses as currency markets eye recovery prospects
"I think they might keep going," said Westpac FX analyst Imre Speizer.
Rupee settles 14 paise lower at 75.80 against US dollar
On Tuesday, the rupee had settled at 75.66 against the US dollar.
Rupee opens 7 paise up at 75.57 against dollar
On the domestic front, market participants will be keeping an eye on the growth number that will be released later next week.
Euro maintains firm tone on EU joint recovery fund, yen soft
The dollar also edged higher against the safe-haven yen to edge near a five-week high though it was capped by renewed scepticism on coronavirus vaccine developments.
Rupee settles 25 paise higher at 75.66 against US dollar
On Monday, the rupee had settled at 75.91 against the US dollar.
Rupee opens 14 paise up at 75.77 against dollar
“Rupee is expected quote in the range of 75.20 and 76.20,” brokerage Motilal Oswal Financial Services said in a report.
Dollar shunned as vaccine hopes lift risk appetite
The euro held onto hefty gains against the Swiss franc and the dollar following a proposal by France and Germany for a 500 billion euro ($543 billion) recovery fund offering grants to regions hit hardest by the coronavirus crisis.
Rupee settles 33 paise lower at 75.91 against US dollar
The local unit opened sharply lower at 75.85, then lost further ground to finally settle at 75.91 against the US dollar, down 33 paise over its previous close.
Rupee opens 28 paise down at 75.86 against dollar
In the last few sessions, rupee has been consolidating in the range of 75 and 76 (Spot).
Forex reserves surge by $4.235 billion to $485.31 billion
In the previous week, the reserves had increased by $1.622 billion to $481.078 billion.
Rupee settles 2 paise down at 75.58 against US dollar
On Thursday, the rupee had settled 10 paise lower at 75.56 against the US dollar.
Rupee opens 10 paise up at 75.46 against US dollar
The local currency traded in a narrow range on Thursday despite sharp losses in domestic equities.
Dollar set for weekly gain as pandemic recovery hopes waver
Against a basket of currencies the dollar is up about 0.5% this week.
Rupee settles 10 paise lower at 75.56 against US dollar
It had settled at 75.46 against the US dollar on Wednesday.
Rupee opens 12 paise down at 75.58 against dollar
According to CLSA, measures announced by the government so far are not enough to satisfy elevated expectations.
Dollar holds advantage as Powell quashes negative rates, data in focus
The dollar traded at $1.0818 against the euro on Thursday following a 0.3% gain in the previous session.
Rupee settles 5 paise higher at 75.46 against US dollar
On Tuesday, the rupee had settled at 75.51 against the US dollar.
Rupee opens 23 paise up at 75.27 against dollar
The local currency on Tuesday advanced over 20 paise ahead of inflation and industrial production number that was released after market close.
Dollar on defensive, negative rates debate puts focus on Powell
The euro changed hands at $1.0848 after having gained about 0.4% in the previous session.
Will Reliance Industries' dollar liquidity make the rupee stable?
Currency traders expect the rupee to trade in the band of 74.5-76.
Rupee settles 22 paise higher at 75.51 against US dollar
During the day, the domestic unit hit an intra-day high of 75.49 and a low of 75.95 against the greenback.
Rupee opens 15 paise down at 75.88 against dollar
The local currency on Monday depreciated by 19 paise to close at a one-week low of 75.73 against the greenback due to fiscal deficit concerns.
Dollar hits 2-week peak as 'second wave' virus fears drive safe-haven bid
The biggest loser was the Australian dollar, which dropped about 0.8% to a one-week low, while the kiwi extended falls.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
