Indian Rupee

Jun 19, 2019, 06.48 AM IST
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Market Movers: What changed for D-Street while you were sleeping

Let's take a look at the factors that may influence Tuesday's proceedings.

Rupee firms up by 10 paise to 69.34 against US dollar

Indian currency has strengthened by 31 paise in the last two sessions.

Rupee loss widens by 30 paise to 69.80 against US dollar

The rupee had settled at 69.50 against the US dollar Thursday.

Most bullish forecaster sees Indian rupee at 67 on Modi return

Rupee may strengthen to 67 per dollar by end-June, a level last seen in the same month last year, said Qi Gao.

Rupee slips 4 paise to 69.38 vs US dollar in early trade

Foreign institutional investors (FIIs) pulled out Rs 1,050.43 crore on a net basis Wednesday

Air travel to become bit costlier as govt announces hike in aviation security fee from July 1

For international passengers, the ASF will be increased from 3.25 USD to 4.85 USD from next month.

Rupee recovers 21 paise against US dollar

Rupee finally settled at 69.44, higher by 21 paise from the previous close.

Rupee pares gains, settles 19 paise lower against US dollar

Gains in domestic equities and foreign fund inflows supported the rupee and capped its losses to some extent.

More bullish on Indian equities than Indian rupee: Chris Wood, CLSA

Since the leadership of the RBI has changed we have seen more monetary easing, says Wood.

Rupee ends flat at 69.28 after RBI cuts rate

Indian bonds and Forex markets were closed Wednesday on account of Id-Ul-Fitr.

Rupee pares most early losses post RBI rate cut

The rupee had settled at 69.26 against the US dollar Tuesday.

Market Movers: What changed for D-Street while you were sleeping

Let’s check out the factors that may move markets through the day:

Rupee slips 19 paise against dollar ahead of RBI policy outcome

Forex traders said a cautious opening in domestic equities weighed on the local unit.

Sensex dives 554 points despite RBI rate cut; financial stocks crack

Sensex dragged down by losses in banking, energy and capital goods stocks even as the RBI cut the policy rate to shore up growth.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors that may potentially move markets through the day.

Rupee ends flat at 69.26 ahead of RBI policy decision

The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy on Thursday.

Our card-members come from all walks of life: Manoj Adlakha, American Express

Manoj Adlakha, senior VP & CEO, American Express Banking Corp India, lists out a few pointers that separate Amex from the rest.

Rupee jumps by 44 paise to 69.26

The domestic currency opened strong at 69.48 and later rose to the day's high of 69.10 at the interbank forex exchange market.

Asian currencies climb as dollar drops on lower yields

Surveys released on Monday showed factory activity contracted in most Asian countries last month.

Rupee slips 15 paise to 69.84 vs US dollar in early trade

The rupee had settled at 69.69 against the US dollar Tuesday.

DBS expects RBI to cut 25 bps at June 6 meet

Any resultant impact on the Indian rupee and markets will leave the RBI on a cautious footing.

Bears dig in on Asian currencies as trade war reignites

Mood across markets have been apprehensive with investors shifting money to safer bets.

Most currencies ease on trade war woes, won leads decline

The won is the worst regional performer so far this year, having lost more than 6 per cent.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors that may bring actions in the domestic market all through Friday.

Rupee snaps 3-day winning run, settles 20 paise down at 70.23

Forex traders said the decline in the local unit was in tandem with the weakness in other major Asian currencies vis-a-vis the US dollar.

Jewellers, traders stock gold ahead of election results

Gold and dollar may attract safe haven buying if the situation worsens.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors that are likely to steer the domestic market through the day.

Gold Rate Today: Gold prices edge up on improved spot demand

Weak rupee makes the import of gold costlier and pushes the price of the precious metal higher.

Reform agenda will be more inclusive if Modi-led govt comes to power again: Report

"Boosting rural growth will also be a priority through expanding the already announced PM-Kisan scheme but is unlikely to include a nationwide farm loan waiver," DBS Group Research Economist Radhika Rao said.

Asian Development Bank to provide USD 750 million loan to India for railway track electrification project

Concurrently, with the loan agreement signing, risk participation agreements were signed with private risk participants for the project.

India's Modi set to return to power with a bigger majority, exit polls show

To rule, a party needs to win 272 seats. Modi's alliance won 336 seats in the 2014 election.

Rupee edges up 2 paise as investors turn cautious

The rupee had appreciated 49 paise to 69.74 against the US dollar in the previous session.

Indices off record highs; Sensex slumps 383 pts on profit booking

An intense selling was seen, barring initial hours, across sectors.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors which may bring action to the domestic market on Tuesday.

US-China trade spat could lead to dumping of Chinese goods in emerging markets: India Ratings

Any slowdown in Chinese exports to the US on account of the recent imposition of tariffs on Chinese goods could result in a corresponding rise in Chinese exports to other EMs, it said.

Rupee slips 29 paise to 70.32 vs USD in early trade

The rupee opened weak at 70.22 at the interbank forex market and then fell further to 70.32.

Rupee maintains form, spurts 15 paise to 69.22 vs dollar on sliding oil prices

The domestic unit opened flat at 69.38 and advanced to a high of 69.20 during the day.

US-China trade tensions may lead to dumping of Chinese goods in India: Ind-Ra

China has showcased such tendency and dumped its products at predatory rates in many markets, including India.

Rupee slips 46 paise to 70.37 against US dollar

The local unit, however, pared some losses and was quoted at 70.16 against the American currency at 0937 hrs.

Rupee rises for 3rd day; vaults 31 paise to 70.03

This is the third straight session of gain for the domestic currency, during which it has strengthened by 48 paise.

Rupee set for weekly gain after Modi's landslide election win

The rupee gained as much as 0.4 per cent to touch a session high of 69.74 against the dollar.

Here are the market winners and losers from 2019 elections

Sensex trades at a 12-month blended forward price-to-earnings multiple of 18.3.

Commodity outlook: How oil, gold, agri commodities may trade in today's session

"Base metals may trade with sideways bias," SMC Global Securities said.

Gold Rate Today: Gold lacklustre on rupee's rise, rally in equities

A rally in equities also wanned the appeal of safe-haven metal.

Rupee falls by 24 paise to 69.46 against US dollar

The rupee had strengthened by 15 paise to close at 69.22 against the US dollar Friday.

RBI dollar auction demonstrates strong demand

With these two moves, the banking system will have cash injection of nearly Rs 60,000 crore.

Atul Suri is putting faith in hope trade, betting on 2 sectors selectively

The ongoing hope trade will strengthen in case there is some positive government action, says Suri

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors which may bring action to the domestic market on Monday.

View: This trade war cloud has a silver lining for India

With a reasonable purchasing power, no nation other than India will provide ready-made market for Chinese goods.

India markets not immune to fallout of US-China spat

India’s forex market remained volatile ahead of Friday’s decision.

Market turns jittery ahead of US-China trade talks

India’s forex market remained volatile ahead of Friday’s decision with the rupee closing about 30 paise down to 69.71 a dollar on Wednesday.

Bearish bets on Indian rupee, Indonesian rupiah at highest in years: Reuters poll

Appetites for risky assets were further reduced by South Africa's economy also slipping into recession.

Rupee rises 23 paise to 70.02 as crude oil falls

On a weekly basis, the domestic currency saw a 67 paise decline.

Sensex, Nifty reverse gains; settle 0.3% lower for the week

Cognizant Technology's weaker revenue forecasts for 2019 spooked IT stocks.

Indian carriers have 'limited freedoms' to operate as true commercial businesses: IATA

According to IATA, India's regulatory and tax framework around fuel also adds a burden on the airline industry.

Politics to decide rupee's near-term fate: Poll

While the rupee pared some of 2018's losses early this year, it has remained under pressure.

Dollar inflows for corporates may give the rupee a lift

An estimated $7-8 billion are likely to hit onshore in the next few weeks.

A tale of elections: Rupee bulls are roaring back to life in Asia

Investors bullish on the rupee have raised their long positions to highest since Jan 2018.

Rupee logs 1st gain in four days, recovers 25 paise against dollar

On a weekly basis, the domestic currency saw a 18 paise decline.

View: Balanced approach essential on foreign currency debt

It is essential to realise that severe foreign exchange rate fluctuations can severely impact the debt servicing capacity of a company that relies excessively on foreign borrowings.

US sanctions on Iran, rising Brent rates may raise edible oil prices

The rupee depreciating against the US dollar from the current Rs 69.90 was a bigger concern.

IDBI Bank opens processing in 3 cities for Iran trade

IDBI received the nod to handle import-export transactions with Iran in early March.

Rupee snaps 3-day rise, slips 25 paise to 69.17

During the week, the rupee gained 6 paise.

Rupee slips 32 paise to 69.24 vs dollar in early trade

The Indian rupee Thursday climbed 19 paise to close at 68.92 against the US dollar.

Rupee rules at over seven-month high, eyes more upside

The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62.

Sensex, Nifty open higher; Tata Steel, Axis Bank lead gainers

Subdued Asian peers weighed on the sentiment, capping gains for the equity benchmarks.

Asian currencies find fresh trade war front too hot to handle

​​Investor risk appetites contracted as the IMF downgraded its global economy outlook for a third time since October.

Rupee slips for 3rd day, falls 18 paise to 69.60

The dollar index rose 0.04 per cent to 96.97.

Indian Rupee hits an all-time low of 72.69 versus US dollar

Indian Rupee has now touched the historic low mark and on midday, the value of Indian currency has been 72.69 versus the US dollar.Indian Rupee hits an all-time low of 72.69 versus US dollar

Rupee falls 24 paise on strong dollar demand

Foreign fund inflows and strong gains in equity markets helped the domestic currency reverse some of the losses before close.

Indian rupee to languish around 70 per dollar a year from now: Reuters poll

"The recent financial market turmoil has pushed the rupee too low," said Rabobank.

We have a target of 12,800 in Nifty 50 and 35,000 in Bank Nifty: JC Parets

In Bank Nifty, we will be avoiding PSU banks, says Parets

Investors double down on rupee, but yuan longs fade: Poll

The confidence rode on brightening re-election prospects of Prime Minister Narendra Modi.

Rupee jumps 57 paise to hit new 7-month high

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.20% to 96.40.

Kerala govt arm plans bond issue of Rs 5,000 cr for infra push

These bonds are government-guaranteed bonds, which will invest in clean infra projects.

Why Indian Rupee is depreciating and how its peers performing against US Dollar

Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey. Indian Rupee hit fresh record lows going past Rs 71/USD. ET Now's Poonam Sahni joins in to tell whats leading to pressure on Indian rupee and performance of Peers against US Dollar.Why Indian Rupee is depreciating and how its peers performing against US Dollar

In-flight sales: IndiGo approaches RBI for use of rupees in international flights

The Minister of State for Finance said that the RBI has received an application from IndiGo to effect in-flight sales.

Rupee snaps 3-day winning streak, drops 14 paise

On a weekly basis, however, the domestic currency logged 78 paise gains.

MCX sees high average daily turnover of futures

The ADT increased 21 per cent from Rs 21,193 crore in 2017-18.

Rupee rises for 3rd day, up 19 paise at 68.92

Weakness in the greenback against major global currencies and easing crude prices aided the rupee uptrend.

Bulk of Nifty’s incremental earnings growth likely to come from banks: John Praveen, QMA

"Markets to react positively in case of a decisive victory for either NDA or UPA coalition."

Spring cleaning in Yes Bank is on expected lines: Sudip Bandyopadhyay

It would not be a very bad idea to start accumulating Yes Bank at current levels, says Bandopadhyay

Rupee snaps 6-day rally, slips 43 paise against dollar

The rupee came under pressure from rising crude prices and caution ahead of the outcome of the FOMC meeting.

Moving abroad for work? Here are 7 things you must do

Managing wealth across multiple countries is easy for the very wealthy. For ordinary investors, it needs a good amount of groundwork before planning a move abroad.

Facebook removes nearly 700 pages linked to Congress due to "inauthentic behaviour"

Facebook said its investigation found that individuals used fake accounts and joined various groups to disseminate their content and increase engagement.

BoJ, RBI sign pact for currency swap

The agreement is effective from Thursday.

Dark days ahead for rupee over trade, election jitters: Poll

Indian currency, which is down about 1% this year, is forecast to weaken nearly 2% by end-May.

Kerala body aims to raise more offshore money

Founded in 1999, KIIFB acts as a special purpose vehicle to mobilise funds for infrastructure development of Kerala.

India-US sign pact for exchange of reports to check tax evasion by MNCs

​This agreement will enable both the countries to automatically exchange CbC reports filed by the ultimate parent entities.

Asian currencies make progress; rupee headed for weekly gain

The rupee strengthened 0.4 per cent to 69.10 against the dollar and is set to gain for the fifth straight week.

PM Modi’s re-election confronts weakening economy

The prime minister inherited a troubling condition that has plagued India for decades: The lack of jobs.

Investors turn bullish on rupee, long on most Asian currencies

Long bets on the rupee returned after early April last year, the poll of 11 respondents showed.

Congress asks Facebook to list pages pulled down for 'policy violations'

Congress workers said they never had so many affiliated pages to begin with and expected Facebook to “come clean” with the names of all the pages taken down.

Rupee rallies for 3rd day, up 17 paise vs dollar

The US dollar's weakness against its key rivals overseas strengthened forex market sentiment domestically.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors which may bring action to the domestic market through the day.

RBI may join global peers in buying more gold

The RBI may purchase 1.5 million ounces in 2019, or about 46.7 tonnes.

Trade setup: Nifty needs to consolidate a bit for the next leg of rally

Friday’s session is likely to see 11,560 and 11,610 levels act as immediate resistance.

Good tidings for big 5 IT firms in Q4

IT companies are spending millions of dollars to reskill employees in India, to build their offshore base.

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