RUPEE VS DOLLAR
Rupee up 6 paise at 75.53 against the US dollar
Motilal Oswal Financial Services expects the rupee (Spot) to quote in the range of 75.20 and 76.20.
Rupee opens 45 paise down at 75.30 against dollar
“We expect the rupee (Spot) to quote in the range of 75.50 and 76.50,” brokerage firm Motil...
Rupee plunges 70 paise as Covid-19 concerns weigh
The number of COVID-19 cases climbed to 1,071 in India on Monday.
Record onshore premiums hint at more pain for rupee
“Due to limited market participation and absence of arbitrageurs, the distortion in exchange and implied OTC prices is abnormally high,” Prasanna said.
Rupee opens 66 paise up at 74.49 against US dollar
US Treasury bonds yields fell modestly morning after weekly applications for unemployment benefits surged to an all-time high.
Rupee opens 22 paise up at 75.88 against dollar
The dollar was weighed down against its major crosses ahead of the US Senate vote on $2 trillion stimulus package.
Where can a weak rupee hurt the most?
The rupee has hit a new low and the outlook for the near term remains bleak despite weak crude oil prices. Some analysts expect it to drop a...
Rupee rises 84 paise against dollar after govt announces welfare measures to fight Covid-19
The rupee which opened on a positive note at 75.90, gained further momentum and touched a high of 75.10 against the US dollar, registering a rise of 84 paise over its previous closing.
Rupee opens 20 paise up at 76.09 against dollar
Continued fund outflow could disturb the overall sentiment in the market as it is not only restricted to the equity segment but also the debt segment.
Rupee settles 78 paise higher at 75.16 a dollar on stimulus boost
The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency.
Rupee pares initial gains, settles 27 paise higher at 74.89 against US dollar
Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted investor sentiment.
Rupee fall adds to India Inc’s debt pain, likely to hurt balance sheets
Analysts on Mint Street are speculating that the currency may head towards 78 kind of level.
Rupee to average at 77 against dollar in 2020, 80 in 2021: Fitch Solutions
Ongoing global risk-off sentiment and steep monetary easing will pressure the rupee weaker.
Rupee crash sends importers rushing for forex cover
Hedging costs surged almost two percentage points over the weekend after Mumbai stocks made their worst retreat, plumbing the rupee to the level of 77 to a dollar.
Covid effect: Biggest weekly fall in forex reserve since 2008
Foreign investors have pulled out close to $15 billion from Indian markets in March so far.
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