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Rupee firms up by 17 paise to 72.20 against US dollar

21-09-2018| Source:PTI

The rupee continued its bullish trend for the second day, rising 17 paise to end at 72.20 against the US dollar on sustained selling of the American currency even as local equities witnessed a high

Indian rupee erases morning gains, trades around 72.10 per dollar


Volatile trade continued on the Indian rupee as it erased morning gains and trading around 72 level on Friday. It is trading higher by 27 paise at 72.10 per dollar.In remained in the range of 71

India may look to lock in oil futures to stem rupee slide: Sources

21-09-2018| Source:Reuters

The move would be another step to tackle a slide in the rupee, as oil prices are putting pressure on India, which imports some 80 percent of its crude demand. Its currency has fallen sharply

Rupee likely to remain under pressure in near term: Report

20-09-2018| Source:PTI

According to Dun & Bradsteet's latest economy forecast, elevated crude oil prices, strengthening of dollar, geopolitical tensions and economic sanctions will continue to impart

Rupee rebounds 61 paise against dollar, logs best single-day gain in 18 months

19-09-2018| Source:PTI

Snapping its two-day decline, the rupee opened higher at 72.71 against its record closing low of 72.98 Tuesday and touched a session high of 72.34 in day trade as crude oil prices eased globally.

RBI reduces maturity of overseas borrowings of up to $50 mn by manufacturers to 1 year  


with a minimum average maturity period of 1 year, RBI said in a notification on its website.The decision to reduce the tenure was taken to arrest the impact of a depreciating rupee as most manufacturing

Government to soon announce import curb on several non-essential items: Garg

19-09-2018| Source:PTI

"There are always implications of the dollar and rupee exchange rates this 10 percent depreciation in last few weeks that is a temporary phenomenon," he said at an event organised by PHD

Rangebound trade continues in rupee; USD/INR pair hovers around 72.60


On Tuesday, the rupee closed at record low at 72.98 per dollar on the back of higher crude prices. It fell 47 paise in yesterday trading session.

Rupee to stay around 72/US dollar till June 2019, says Filippo Gori of JPMorgan

19-09-2018| Source:CNBC-TV18

if there is an overall capitulation of EM trade," said Gori.With regards to the Indian currency, he said, "The INR would remain around 72 to the dollar up to June next year. There are two hikes coming from the RBIone

Will equity market & dollar-rupee performance mirror 2013 or is this time different?


We dont see a depreciating rupee against the dollar derailing the equity market.

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