Forex | The Asian Age

Saturday, Apr 20, 2024 | Last Update : 10:24 AM IST

forex Page-2

The rupee could not hold on to the gains and was trading at 71.37 against the dollar at 0931 hrs. (Photo: File)

Rupee opens on a flat note; inches up 3 paise to 71.32 against USD

Forex traders said, the domestic unit was trading in a narrow range as investors await clarity on the US-China trade front.

28 Nov 2019 10:22 AM

The rupee finally settled at 71.35, up 15 paise over its previous close.

Rupee settles 15 paise higher at 71.35 against US dollar

Forex traders said the rupee appreciated for the second straight day on foreign inflows in primary as well as secondary equity market.

27 Nov 2019 5:44 PM

Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 4,677.75 crore on Tuesday, according to provisional exchange data.

Rupee rises 10 paise to 71.40 against USD in early trade

Forex traders said easing crude oil prices supported the rupee.

27 Nov 2019 11:11 AM

During the session, the rupee traded in the range of 71.49 and 71.68, before settling at 71.50 - showing a gain of 24 paise over its previous close.

Rupee rises 24 paise to 71.50 against US dollar

In a fillip to forex markets, foreign investors continued with their bullish outlook and bought equities worth Rs 960.90 crore.

26 Nov 2019 5:43 PM

Easing crude oil prices and a weaker greenback in overseas markets also influenced the sentiment, forex dealers said.

Rupee gains 8 paise against US dollar in early trade

The rupee moved up to trade at 71.66 following strong gains in equity markets.

26 Nov 2019 10:09 AM

The rupee paired all its early gains to trade lower at 71.73 against the dollar.

Rupee falls 2 paise against US dollar in early trade

Strengthening crude oil prices impacted the rupee movement in the market, forex dealers said.

25 Nov 2019 10:14 AM

At the interbank foreign exchange, the Indian currency opened lower at 71.26 and fell further to 71.33 to the US dollar. It finally settled at 71.28 a dollar, a dip of 31 paise over its previous close.

Rupee tumbles 31 paise on India's outlook downgrade

Moody's has changed India's outlook ratings to 'negative' from 'stable.'

08 Nov 2019 7:59 PM

The rupee finally settled at 70.97 on Thursday, unchanged from its previous close.

Rupee recovers losses to end flat on US-China trade deal hopes

Sustained foreign fund inflows supported the rupee though the gains were capped by hardening crude oil prices, traders said.

07 Nov 2019 6:00 PM

At the interbank foreign exchange market, the rupee opened at 70.80 and fell to 71.01 against the US dollar intra-day. The local unit finally settled at 70.97, down 28 paise over its previous closing.

Rupee settles 28 paise down at 70.97 against US dollar

Weakening of the US dollar vis-a-vis other currencies and easing crude oil prices restricted the fall, forex brokers said.

06 Nov 2019 5:47 PM

Later, rupee recovered some lost ground and moved in a range of 70.65 and 70.81 in afternoon trade before concluding at 70.69, showing a rise of 8 paise.

Rupee rises 8 paise against US dollar on forex inflows

Forex inflows through Bajaj Finance share sale to qualified institutional investors helped the rupee hold strong, said analysts.

05 Nov 2019 6:37 PM

The rupee came under pressure after official data released on Thursday showed that the growth of core industries plummeted in September.

Rupee falls 6 paise against dollar on weak macro data

At the interbank foreign exchange market, the rupee opened on a weak note at 70.96 and fell further to trade at 70.98.

01 Nov 2019 10:18 AM

However, a positive opening in domestic equity market and easing crude oil prices supported the rupee and restricted the fall, forex dealers added.

Rupee slips 11 paise against dollar in early trade

A strengthening dollar against other overseas currencies also kept investors on the edge, forex dealers said.

30 Oct 2019 10:17 AM

China is stepping up its financial opening amid a bruising trade war with the United States.

China studying blockchain application for forex

China’s parliament on Saturday passed a new law on cryptography, as the country gears up to launch its own digital currency.

28 Oct 2019 7:31 AM

Rupee traded in range of 71.31 and 71.05 during the day, before finally finishing at 71.14, up just 2 paise from its previous close.

Rupee ends flat at 71.14 versus US dollar

The gains in the rupee were capped by crude oil hitting the USD 60 per barrel mark, forex brokers said.

18 Oct 2019 6:36 PM

According to Gaurang Somaiyaa, Forex & Bullion Analyst, Motilal Oswal Financial Services Private Ltd, the rupee consolidated in a narrow range for the first half of the session but was weighed down following sell-off in domestic equities.

Rupee settles flat as US-China trade talks kept investors edgy

The rupee finally settled at 71.07, unchanged from its previous close.

10 Oct 2019 6:50 PM

The rupee finally settled at 71.07, down 5 paise over its previous close.

Rupee pares losses on hope of US-China trade deal; closes 5 paise down

Forex traders said most of the Asian currencies gained against the US dollar on China's offer to buy extra US goods.

09 Oct 2019 6:10 PM

The rupee had opened on a strong note at 70.82 against the US dollar at the interbank forex market.

Rupee pares early gains post RBI rate cut

Moreover, foreign fund outflows, heavy selling in domestic equities and rising crude oil prices also kept pressure on the Indian rupee.

04 Oct 2019 1:50 PM

The rupee however could not hold on to the gains and was trading at 70.83 against the dollar at 0953 hrs.

Rupee rises 9 paise to 70.78 vs USD in early trade ahead of RBI policy decision

Forex traders said, the rupee was trading higher as investors believe RBI will go for yet another rate cut to boost economic growth.

04 Oct 2019 11:13 AM

Indian rupee has recovered from morning lows of 71.35 a dollar and last quoted at 70.93 a dollar with the gain of 15 paise amid foreign fund flows in Primary market and lower dollar index, said V K Sharma, Head PCG & Capital Markets Strategy, HDFC Securities.

Rupee recovers from day's lows, settles 20 paise higher at 70.87

Sustained foreign fund outflows and sell-offs in domestic equities put pressure on the forex market, somewhat capping the rupee gains.

03 Oct 2019 7:28 PM

Rupee however could not hold on to the gains and was trading at 70.77 against the dollar at 0959 hrs.

Rupee rises 12 paise to 70.75 against USD in early trade

At the interbank foreign exchange the rupee opened at 70.75, registering a rise of 12 paise over its previous close.

01 Oct 2019 10:25 AM

2 of 12

Columns

Shobhaa De