Live Currency Tips & Daily Market Updates

Market Outlook The rupee on Wednesday saw a marginal 8 paise gain at 69.0000 against the US dollar in line with a steady trend in domestic equities in the run-up to the Union Budget due on Friday. On the flip side, U.S. dollar slipped on Thursday in Asia. Overnight, U.S. President Donald Trump accused China[…]

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Market Outlook The Indian rupee on Tuesday ended almost flat at 69.1200 against the US dollar in a lacklustre trade as participants preferred to sit on the fence ahead of the Union Budget due on Friday. The dollar struggled on Wednesday, having been nudged off two-week highs as fading optimism over any near-term Sino-U.S. trade[…]

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Market Outlook The rupee opened on a cautious note at 69.1600 against the US dollar in early trade on Tuesday amid strengthening of the greenback against other currencies overseas, even as crude oil prices eased. The rupee is expected to trade in a narrow range as market participants will keep a close watch on the[…]

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Market Outlook The rupee opened on a strong note at 69.2025 against the US dollar in early trade on Monday tracking gains in domestic equities, even as crude oil prices firmed up. Moreover, the rupee appreciated on reports that Chinese President Xi Jinping and his American counterpart Donald Trump at the G20 summit have agreed[…]

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Market Outlook On Friday, the Indian rupee opened flat at 69.3725 against the US dollar, driven by positive opening in domestic equities and easing crude oil prices. Rupee is trading in a narrow range as forex traders took a cautious approach ahead of the G20 Summit, which is taking place amidst ongoing US-China trade tiff[…]

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Market Outlook The rupee depreciated by 2 paise to 69.6000 against the US dollar in opening trade on Thursday as strengthening of the American currency in the overseas market weighed on the local unit. Moreover, rupee is trading in a narrow range as market participants are trading the cautious path amid rising tensions between the[…]

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Market Outlook The Indian rupee on Wednesday weakened marginally against US dollar tracking losses in its Asian peers after Federal Reserve official downplay the need for aggressive monetary easing. On June 25, the domestic currency ended flat at 69.36 against the US dollar as geopolitical tensions in the Middle East dampened forex market sentiment. Rupee[…]

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Market Outlook The rupee opened with partial loss against the US dollar in opening trade after that it gain by 14 paise driven by easing crude oil prices and weakening of the US dollar in the overseas market but unable to hold it and showed sideways movements closed with flat note on Tuesday. The dollar[…]

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Market Outlook The rupee opened on a flat note at 69.6925 against the US dollar in opening trade on Monday amid rising crude oil prices and foreign fund outflows. The domestic currency was under pressure and was trading in a narrow range after media report surfaced that Viral Acharya has quit as RBI deputy governor.[…]

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    Market Outlook The rupee Friday fell 47 paise to trade at 69.9850 against the US dollar in early trade following foreign fund outflows and rising crude prices after Iran said it had shot down a US military drone. Subdued sentiments in domestic equity markets also influenced the trading pattern in the currency market.[…]

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Market Outlook The rupee witnessed high volatility against the US dollar in opening trade on Thursday, after the US central bank left key interest rates unchanged. The US Federal Open Market Committee kept the key rate in the 2.25-2.5% range.The rupee opened strong at 69.6150, but lost ground in early trade against the US dollar.[…]

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Market Outlook The rupee appreciated by 16 paise to 69.6100 against the US dollar in opening trade on Wednesday ahead of the US central bank’s meeting. Moreover, market participants are waiting for the monetary policy of FOMC, Bank of England and Bank of Japan, scheduled this week. Besides, positive opening in domestic equities, foreign fund[…]