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According to an RBI statement, the exchange rates for pound and yen against the rupee were quoted at 99.1701 and 54.54 per 100 yens, respectively, based on reference rates for the dollar and cross
According to Angel Broking, Rupee is likely to trade sideways owing to robust release of employment data from the US that will boost thedemand for the greenback. However, market is still discounting
news from China. Dollar had a mixed session with gains against funding currencies and marginal weakness against commodity & EM currencies. On the back of custodial inflows, the USD-INR pair
The Indian rupee opened on flat note at 65.56 per dollar on Thursday against previous closing of 65.58.Mohan Shenoi of Kotak Mahindra Bank said, "Risk-on relief rally was seen across
Tata Steel, Vedanta, TCS, Hindalco Industries, SBI, HDFC and IndusInd Bank rallied 1.5-2.5 percent. The Indian rupee gained 9 paise in early trade today. It has opened at 65.87 per dollar against
We see the range for today between 65.40-66.40/dollar, says Pramit Brahmbhatt of Veracit.
Reduction in FII inflows coupled with profit booking in local equities may pressure the Rupee to trade weak, says Pramit Brahmbhatt, Veracity.
, or totalling 500 billion rupees by March 2018.
The currency gained past 66 a dollar, appreciating by 8 paise intraday to 65.96 against dollar. It recovered from day's low of 66.35 against previous closing value of 66.04 a dollar.
The rupee recovered sharply from day's low while bond yields declined nearly 2 percent after the Reserve Bank of India surprised with repo rate cut. The currency rebounded to 66.03 a dollar
According to Angel Broking, Rupee is likely to depreciate as markets wait for the RBI monetary policy meeting results before making any newpositions. Moreover, hawkish statement made by the US
The currency has opened sharply lower at 66.33 a dollar on Tuesday compared to 66.04 a dollar in previous session.
Ashutosh Raina of HDFC Bank expects USD-INR pair to trade in Rs 65.50-66.50 a dollar range today.
ICICIdirect.com's report on currencyForex (US$/INR)The rupee weakened to a more than a week’s low against the US dollar, as investors awaited further cues from the US Federal Reserve Chair
The Indian rupee has opened marginally higher by 5 paise at 66.11 per dollar on Monday versus 66.16 Thursday.Agam Gupta of Standard Chartered said, "There should be interest from importers
The Indian rupee resumed sharply lower at 66.20 per dollar as against overnight level of 65.98 at the Interbank Foreign Exchange (Forex) market. It hovered in a range of 66.22 to 66.09 per dollar
Indian rupee has opened at 66.20 a dollar, down 23 paise or 0.34 percent compared to 65.97 a dollar in previous session.
Shenoi expects the USD-INR pair to trade today in a range of 65.95-66.25 a dollar.
Strengthening of the US dollar against other currencies is expected to pull global IT spending across vertical industries down 3.5 percent to USD 2.69 trillion in 2015 from last year, research firm
The rupee breached 66-mark against dollar today, continuing depreciation for the second consecutive session. The currency fell 15 paise to 66.02 a dollar.
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