Rupee ends flat as importer dollar demand erodes rise to near two-week high

[ad_1] The Indian rupee ended little changed on Tuesday as dollar demand from importers pulled the South Asian currency back from the near two-week high it hit during the session.The rupee closed at 83.3425 against the U.S. dollar, barely changed...

Rupee sinks to record closing low of 83.54 against dollar

[ad_1] The rupee on Tuesday sank to a record closing low, weighed down by a strong dollar, rising geo-political tensions and sell-off by foreign portfolio investors.The rupee closed nine paise weaker at 83.54 per dollar against the previous close of...

India Inc raises $2.22 b via ECBs in Feb vs $3.09 b in Jan

[ad_1] India Inc raised about 39 per cent less via the external commercial borrowing (ECB) route in February at $2.22 billion against $3.09 billion raised in January, per RBI data.However, during April-February 2023-24, ECBs to India witnessed a turnaround with...

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 gains on likely dollar inflows, uptick in Asian peers

[ad_1] The Indian rupee strengthened on Wednesday, buoyed by strength in its Asian peers and likely dollar inflows, while traders awaited U.S. consumer inflation data due later in the day.The rupee was at 83.21 against the U.S. dollar as of...

Rupee rises 11 paise to 83.42 against US dollar in early trade

[ad_1] The rupee witnessed a rebound in early trade on Thursday and appreciated 11 paise to 83.42 against the US dollar, supported by positive domestic equities. Elevated crude oil prices and sustained foreign fund outflows also dented investor sentiments, forex...

Yen hits 34-year low as Dollar gains momentum, Japanese intervention possible

[ad_1] The dollar climbed on Wednesday in the wake of more strong U.S. economic data, nudging the Japanese yen to a 34-year low and into the zone that drew official market intervention in 2022.The yen traded at 151.97 per dollar...

Forex reserves + Rupee

[ad_1] The Reserve Bank of India’s move to absorb most of the Dollar (USD) flows in a bid to prevent a sharp appreciation of the Rupee (INR) has led to a record build up in forex reserves, which stood at...

Rupee declines by 20 paise to 83.33 against dollar in early trade

[ad_1] <!-- --> The unit moved in a range of 83.23 to 83.33 in morning deals. Published Date - 22 March 2024, 10:07 AM Mumbai: The rupee declined 20 paise to 83.33 against the US dollar...

Equity Markets and Gold Prices Surge After US Fed Rate Cut Hint

[ad_1] Equity markets and gold prices rallied sharply after US Fed Chairman Jerome Powell indicated that interest rates would be cut thrice in this year, starting from June.The key benchmarks, Sensex and Nifty, opened on a positive note and surged...
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