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Market Outlook The Indian rupee appreciated by 32 paise to 71.5975 against the US dollar as gains in domestic equity market and easing crude prices strengthened investor sentiments. Moreover, half of Saudi Arabia’s daily production has been recovered post-attack enthused investors. The U.S. dollar steadied on Wednesday in Asia ahead of the U.S. Federal Reserve’s[…]

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Market Outlook Against the US dollar, the Indian Rupee depreciated by 5 paise to open at 71.7500 amid rising demand for the US dollar vis-a-vis other currencies overseas. The drone attacks on Saudi Arabia’s oil facilities have enthused demand for safe heaven assets like the US dollar. Moreover, weak opening in domestic equities and unabated[…]

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Market Outlook The Indian rupee opened on flat note at 71.0900 against the US dollar, as a sharp jump in global crude oil prices dampened investor sentiments. Market participants were concerned as the drone attack on Saudi Arabia’s oil facilities has stroked fiscal slippage concerns. On the other side, dollar fell while safe-havens and currencies[…]

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Market Outlook Against the US dollar, the Indian rupee opened flat at 72.0300 as gains in the domestic equity market and resumption of US-China trade talks in October strengthened investor sentiments. Besides, a higher opening in domestic equities supported the local unit. The dollar was higher against haven currencies and lower against higher-yielders early Friday[…]

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  Market Outlook Against the US dollar, the Indian Rupee appreciated by 15 paise to open at 72.1425 as gains in the domestic equity market enthused investors. Market participants, however, said sustained foreign fund outflows and rising crude prices weighed on local the currency. Meanwhile, on the global front, US President Donald Trump on Wednesday[…]

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Market Outlook Against US dollar, the Indian Rupee appreciated by 12 paise to open at 72.4500, amid weakening of the American currency in overseas market.  However, rising crude oil prices and foreign fund outflows weighed on local currency. The U.S. dollar eased as weak U.S. manufacturing data bolstered bets on more aggressive policy easing by[…]

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Market Outlook The rupee tumbled by 51 paise to open at 72.1350 against the US currency, tracking a weak opening in domestic equities amid strong dollar demand from banks and importers.  US tariffs on imports from China took effect on Sunday and were followed later by Beijing’s retaliation. Following this, the domestic currency was under[…]

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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 ticked higher by 3 paise to open at 69.7500 against the United States (US) dollar on Wednesday amid weakness in the green-back and easing crude oil prices. Moreover, strong foreign instituional investors (FIIs) inflows and higher domestic equity markets also improved sentiments for the rupee. On the other side, the U.S.[…]

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Market Outlook The rupee appreciated by 8 paise to open at 70.5000 against the US dollar, driven by easing crude prices, higher opening in domestic equities and on US-China trade talk hopes. Investors’ sentiments were buoyed after US President Donald Trump on Tuesday hoped that the world’s top two economies would be able reach an[…]

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Market Outlook Indian Rupee depreciated by 24 paise to 69.46 against the US dollar in early trade on Monday on increased demand for the US currency from importers and weak opening in domestic equities. US President Donald Trump on Sunday threatened to raise tariffs on USD 200 billion worth of Chinese goods and this in[…]

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Market Outlook Indian rupee ended higher by 20 paise at 69.36 per dollar vs Tuesday’s close 69.56. Rupee rose on Monday primarily on back of weakness in the dollar against its major crosses ahead of important FOMC policy statement. Federal Reserve in its policy statement held rates unchanged and held out hope that weak inflation[…]