Weekly Rupee View: INR range-bound despite negative fundamentals

[ad_1] The rupee (INR) appreciated nearly 0.2 per cent against the dollar (USD) on Tuesday as it ended at 83.42. Fundamental factors like the trade balance and the crude oil prices have been weighing on the domestic currency.The trade deficit...

Currency market today: Rupee jumps 13 paise to settle at 83.42 against US dollar

[ad_1] The rupee appreciated 13 paise to settle at 83.42 (provisional) against the US dollar on Tuesday, buoyed by fresh inflow of foreign capital, and a firm trend in domestic equity markets, wherein benchmark indices scaled new peaks.Also read:Currency Outlook:...

How the US is daring the world to find a dollar alternative

[ad_1] The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful Americans, questioning the rule of law following the conviction of Donald...

Russia eases forex sales requirements for contracts in roubles

[ad_1] The Russian government has softened requirements for mandatory sales of foreign currency for exporters, if more than half of the value of their contracts, is paid in roubles, according to changes to a government decree.Also read:Forex trading: Dollar ebbs...

Currency Market Today: Rupee rises 3 paise to close at 83.28 against US dollar

[ad_1] The rupee appreciated by 3 paise to settle at 83.28 (provisional) against the US dollar on Wednesday amid softening crude oil prices.Also read: Crude oil declines as industry report indicates rise in US inventory Forex traders said the local...

Rupee falls 3 paise to 83.48 against US dollar in early trade

[ad_1] The rupee depreciated 3 paise to 83.48 against the US dollar in early trade on Tuesday amid a strong American currency against major Asian rivals and an upward movement in the crude oil prices.Also read:Rupee falls 10 paise to...

Yen clings to sharp gains after suspected intervention, Fed in focus

[ad_1] The yen held its line against the dollar on Tuesday after making sharp gains the previous day in moves that traders said were sparked by suspected intervention by Japanese authorities. The Japanese currency was trading a touch lower 0.16%...

Why has the Japanese yen been so weak

[ad_1] Japan's yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention.Support for the currency follows a years-long slide that even Japan's first interest rate hike since 2007 and broad optimism about...

Rupee rises 12 paise to close at 83.19 against US dollar

[ad_1] The rupee appreciated 12 paise to close at 83.19 (provisional) against the US dollar on Wednesday, as equity benchmarks climbing to all-time high levels and a weak greenback against major currencies overseas boosted investor sentiment.Forex traders said the rising...

Rupee rises 9 paise to close at 83.30 against US dollar post RBI policy decision

[ad_1] The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 6.5 per cent for the seventh time in a row.Also...
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