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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 fell sharply by 47 paise to 69.82 against dollar in early trade on higher demand for the greenback from importers. However, it erased most of the losses and trading at day’s high level at 69.53/$. Rupee consolidated in a narrow range for the whole week following lack of domestic and global[…]

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Market Outlook Daily Market Reflection¬†¬†16th April 2019 Against the US dollar, the Indian rupee depreciated by 5 paise to open at 69.2975 on increased demand for the greenback from importers and banks. Moreover, strengthening of the American currency in the overseas market weighed on the domestic unit. On the economic front, India’s industrial production (base[…]