Forex | The Asian Age

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On a weekly basis the rupee lost 118 paise.

Rupee declines by 9 paise to 70.78 vs USD

At the interbank foreign exchange, the rupee witnessed high volatility.

09 Aug 2019 6:48 PM

At the interbank foreign exchange market, the rupee opened weak at 70.92. It shuttled between a high of 70.62 and a low of 70.99, before finally closing at 70.89, down 8 paise over its previous close.

Rupee skids for 5th day; drops 8 paise to 70.89 vs USD

This is the fifth straight session of loss for the domestic currency, during which it has lost a hefty 210 paise.

07 Aug 2019 7:43 PM

In the past four sessions, the rupee has lost 202 paise.

Rupee logs 4th straight loss, down 8 paise at 70.81 against USD

Unabated foreign fund outflows and higher crude oil prices have taken a toll on the domestic currency's health.

06 Aug 2019 6:55 PM

Forex traders said the rupee is trading in a narrow range as market participants are awaiting cues from the outcome of the Federal Open Market Committee (FOMC) meeting later on Wednesday.

Rupee falls 9 paise to 68.94 vs USD in early trade

The rupee opened weak at 68.89 at the interbank forex market and slipped further to 68.94, showing a decline of 9 paise.

31 Jul 2019 10:48 AM

Heavy selling in domestic equities and foreign fund outflows weighed on the rupee.

Rupee settles 10 paise down at 68.85 vs USD

Forex traders said strengthening of the greenback against Asian currencies weighed on the domestic unit.

30 Jul 2019 6:25 PM

All eyes now rivet onto the FOMC meeting on Wednesday wherein markets are pricing a 25 bps rate cut, said Rajesh Cheruvu CIO of Validus Wealth.

Rupee does U-turn, settles 14 paise up at 68.75 against US dollar

Market participants are looking forward to the US and China trade talks, which can impact rupee movement.

29 Jul 2019 7:06 PM

Rupee snaps 4-day losing streak; settles 15 paise up at 68.89 vs USD

Rupee gained 15 paise following a recovery in the domestic equity market.

26 Jul 2019 6:25 PM

At the interbank foreign exchange, the rupee opened at 68.99, then gained momentum and touched a high of 68.92, registering a rise of 6 paise over its previous close.

Rupee rises 6 paise to 68.92 against USD in early trade

Forex traders said heavy buying in domestic equity market supported the rupee.

25 Jul 2019 12:03 PM

Rupee saw 2 paise drop amid strengthening of the greenback against major currencies and sustained foreign fund outflows.

Rupee settles almost flat at 68.94 against US dollar

Rupee closed at 68.94 against the American currency, down 2 paise over its previous close.

23 Jul 2019 7:18 PM

The rupee finally closed at 68.80, up 17 paise over its previous close on Friday.

Rupee snaps 3-day losing streak; rises 17 paise to 68.80 vs USD

Forex traders said rupee along with most Asian currencies strengthened following dovish comments from New York Fed officials.

19 Jul 2019 7:15 PM

This is the third straight day of fall for the rupee, during which it has lost 43 paise.

Rupee skids for 3rd straight day; settles 15 paise down at 68.97 vs USD

Forex traders said, foreign fund outflows and weak Asian currencies weighed on the local unit.

18 Jul 2019 6:31 PM

The rupee opened strong at 68.76 at the interbank forex market then gained further ground to touch 68.73 per dollar.

Rupee rises marginally by 9 paise to 68.73 vs USD in early trade

Traders said foreign fund outflows and cautious opening in domestic equities weighed on the local unit.

18 Jul 2019 10:39 AM

At the interbank foreign exchange (forex) market, the rupee opened at 68.69 per dollar, but lost ground during the day and finally settled at 68.82, down 11 paise over its previous close.

Rupee falls 11 paise to 68.82 vs USD on foreign fund outflows

Forex traders said cautious trading in the domestic equity markets also weighed on the local unit.

17 Jul 2019 6:24 PM

DBS Bank report argued that increasing the ceiling on foreign portfolio investors in government securities is a better option considering the huge risks in raising debt in a foreign currency.

Govt may cap overseas borrowing at USD 5 billion this year: Report

DBS Bank suggested hiking the cap on foreign funds' investment in domestic debt is a better option.

17 Jul 2019 3:29 PM

At the interbank foreign exchange market, rupee opened on a firm footing at 68.31, and shuttled between a high of 68.30 and a low of 68.48 during the day.

Rupee advances 14 paise to 68.44 against USD on Fed rate cut signals

However, firming oil prices capped the gains, traders said.

11 Jul 2019 6:35 PM

At interbank foreign exchange market rupee rebounded by 15 paise to close at 68.51 against the greenback on Tuesday.

Rupee trips 7 paise to 68.58 vs USD

A weak trend at the domestic equity markets and global trade tensions kept sentiment subdued, traders said.

10 Jul 2019 6:41 PM

The strong jobs data dented hopes of a rate cut by the Federal Reserve this month, hitting emerging market currencies.

Rupee gains 15 paise to 68.51 against dollar

Strengthening crude oil prices and a stronger greenback in global markets, however, kept the rupee rise in check.

09 Jul 2019 6:45 PM

Investors sentiment was subdued on concerns that increased surcharge on super-rich could affect foreign funds investing in India, which could lead to flight of foreign funds from the domestic markets, currency traders said. (Photo: File)

Rupee drops 24 paise to 68.66 against US dollar amid equity meltdown

Foreign institutional investors pulled out Rs 401.99 crore on Monday, hitting the rupee sentiment.

08 Jul 2019 6:40 PM

At the interbank foreign exchange, the local unit opened at 68.55 a dollar but as Finance Minster Nirmala Sitharaman presented her maiden budget, the local unit gained strength and touched a high of 68.40 against the US dollar, up 10 paise over its previous close.

Budget 2019: Rupee does U-turn, up 10 paise at 68.40 a US dollar

Domestic bourses was trading in the negative territory on Friday with benchmark indices Sensex trading 362.28 points lower.

05 Jul 2019 2:29 PM

Forex traders said rupee slipped marginally against the US dollar as market participants awaited cues from the Union Budget to be presented in the Parliament Friday.

Rupee slips 20 paise to 68.70 vs USD in early trade ahead of Budget

The rupee opened weak at 68.55 at interbank forex market and then fell further to 68.70, down 20 paise over its last close.

05 Jul 2019 10:33 AM

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Farrukh Dhondy