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Market Outlook The Rupee retreated from a one-month high and was trading 5 paise higher at 68.38 against the greenback in late morning deals on bouts of dollar demand from importers and banks amid lower local equities. Most Asian currencies weakened against the dollar on Thursday as U.S. President Donald Trump raised the stakes in[…]

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Market Outlook Against the US dollar, the Indian Rupee surged up 12 paise to open at 68.7975 and swing around in the range of 68.9075 and 68.6825 throughout the day on account of weakening of dollar against other currencies overseas and persistent foreign fund inflows. On the flip side dollar remained in under pressure after[…]

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Market Outlook The Indian Rupee bounced back from its 1 month low, appreciated by 29 paise to open at 68.1025 and hovered in the range of 68.2300 and 68.0700 against the US dollar on account of  fresh selling of the American currency by banks and exporters. Moreover; the rupee sentiment was also bolstered by a[…]

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Market Outlook The Indian Rupee slides 7 paise to open at 68.1325 and throughout the day traded in the range of 68.3925 and 68.0250 against the US dollar on account of increasing demand of dollar from banks and importers amid persistent foreign fund outflows. Moreover; weak domestic bourses also put pressure on the rupee. on[…]

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Market Outlook The Rupee opened at 66.9425, made a high of 66.8025 and a low of 67.1000. Rupee hovering in the range of previous day, between 67.1000 to 66.8025 of 29 paisa during trading hours against the dollar on increased selling of the greenback by exporters and banks. Against a currency basket, the dollar rose[…]

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Market Outlook Rupee opened at 66.8225, and made a high of 66.7150 in early trade and hovering in the range of 23 paisa between 66.7150 to 66.9450 during trading hours against the dollar on increased selling of the greenback by exporters and banks. Against a currency basket, The dollar backed off four-month highs, but remained[…]

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Market Outlook Rupee opened at 66.8825, and made a low of 66.9950 in early trade and hovering in the range of 15 paisa between 66.8425 to 66.9950 during trading hours against the US dollar on fresh demand for the greenback from importers and banks ahead of US Federal Reserve’s two-day policy meet outcome. The dollar[…]

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  Market Outlook The Rupee opened at 67.1000 and moved between 66.9050 and 67.1825 in today’s trading hour against the dollar. Pressure on Rupee might increase after the benchmark US treasury yield pierced the 3% mark and rising crude oil prices and widening current account deficit could significantly reduce demand for the Indian currency. The dollar was[…]

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Market Outlook The Rupee opened at 67.1000 and moved between 66.9050 and 67.1825 in today’s trading hour against the dollar. Pressure on Rupee might increase after the benchmark US treasury yield pierced the 3% mark and rising crude oil prices and widening current account deficit could significantly reduce demand for the Indian currency. The dollar was holding[…]

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Market Outlook The Rupee opened at 66.6825 and moved between 66.6750 and 67.1850 in today’s trading hour against the dollar. Rising oil prices, surge in commodity prices, trade deficit worries, deteriorating external finances and the banking mess are all adding to the rupee’s cup of trouble.   The dollar hit a 4 month high against basket of[…]

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Market Outlook The Rupee opened at 66.2400  and moved between 66.1575 and 66.4825  in trading hour’s against the dollar on account of sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed on the domestic unit.    The dollar extended early gains against basket[…]

Start Your Week With Updated Forex Report 23 April’ 18

Market Outlook The Rupee opened depreciated 15 paisa at 65.9425, made a fresh thirteen month low and hovering between 66.0950 and 66.0000 in today’s trading hour against the dollar. Strengthening of dollar against other currencies overseas and increased demand for the dollar from importers also put pressure on the domestic unit the dollar was higher[…]