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Indian rupee: the rupee ends stable afte...

NEW DELHI: The rupee largely stabilized against the US dollar on Thursday, as the national currency consolidated after strongly strengthening against the greenback on Wednesday, dealers said. The rupee on Thursday stood at 74.8600 per dollar compared to 74.8700 per dollar on Wednesday. Dealers said trading volumes were down after a recent wave of volatility […]

Indian rupee climbs 47 paise to close at...

The rupee jumped 47 paise to close at 74.88 (provisionally) against the US dollar on Wednesday following lower global crude oil prices. The surge of the US currency in the overseas market and losses in domestic stock markets put some pressure on the rupee, traders said. In the interbank forex market, the local unit opened […]

Indian rupee: rupee faces new hurdles as...

NEW DELHI: The rupee ended on a weak basis on Monday as a further surge in global crude oil prices to multi-year highs fueled concerns over rising domestic inflation amid growing discussions on a tightening monetary policy around the world, traders said. The national currency started the day at the same level as the previous […]

Indian rupee drops 9 paise to 75.35 agai...

The rupee finished lower 9 paise at 75.35 (provisional) against the US dollar on Monday, following the greenback’s strengthening against its main overseas rivals and rising global crude oil prices. In the interbank forex market, the local unit opened on a stable note and then traded in a narrow range of 75.24-75.38 against the US […]

The Indian rupee wins against the UAE di...

(MENAFN- Khaleej Times) The Indian rupee appreciated 12 paise to 75.25 against the US dollar (20.5 against the UAE dirham) as the market opened on Thursday, supported by heavy buying in ‘Indian stocks and new inflows of foreign funds. Khaleej Times 8 @ 8 with David Light, Thursday October 14: all your latest KT tracks […]

Rupee Can Be Relieved From Inflows, Auto...

MUMBAI: A potential influx of foreign capital following a series of large share sales is likely to provide respite for the Indian rupee, hit by rising oil prices. The currency, which became Emerging Asia’s worst performing in the past month, could gain around 2% from nearly 74 per dollar on Wednesday in late December, according […]

Indian rupee drops below 75 against US d...

(MENAFN- Khaleej Times) The Indian rupee depreciated 17 pais to 75.16 against the US dollar (20.47 against the UAE dirham) on Monday morning, as rising crude prices and strength of the US currency in the foreign market weighed on investor sentiment. In the Indian interbank forex market, the rupee opened low at 75.11, then fell […]

The red flag for unstoppable bulls comes...

The provocative bulls continued their charge into uncharted territory, often causing technical crashes on short-term charts, as if the universe had conspired to make them victorious forever by scaling new heights. The best thing that has happened with this bull market is that it breathed new life into sectors like metals, capital goods and infrastructure, […]

Fall of Indian rupee against UAE dirham ...

Many Indian expats take advantage of the low rupee to send funds home. Image Credit: Ahmed Kutty / Gulf News Dubai: The Indian rupee continued to decline against the UAE dirham, with the rupee closing at 20.46 rupees on the interbank forex market on Friday. The weakness of the rupee against the dirham reflects the […]

Indian rupee collapses 20 paise to close...

The rupee fell 20 paise to close at 74.99 (provisionally) against the US dollar on Friday, as higher crude oil prices weighed on investor sentiment, even as domestic stocks finished strong gains . In the interbank forex market, the local currency opened at 75 and saw an intraday high of 74.91 and a low of […]