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The dollar index is consolidating around 89.85 levels ahead of the Fed meeting and a tariff war, says Bhaskar Panda of HDFC Bank.
The rupee today slid by 23 paise to close at one-week low of 65.17 against the US currency due to concerns over widening current account deficit and a strong dollar ahead of a crucial US Federal
Looking at the weakness in domestic equity market, we expect the rupee to depreciate for the day, says Pramit Brahmbhatt of Veracity.
The rupee today closed marginally down at 64.94 against the US currency due to continued foreign fund outflows, weak trade data and expectations of a rate hike by the US Federal Reserve.
Russia-UK tensions may revive strength in US dollar, but rupee will keep its eye on trade data as prospects of trade war still remains potent, says Anand James, Chief Market Strategist at Geojit
The domestic currency had opened on a weak note at 64.92 fell to a low of 94.98 per dollar in early session as trade war worries gripped investors.
The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 90.7229 and 61.27 per 100 yens, respectively, based on reference rates for the dollar and cross
US dollar looks to be stabilizing after widening fiscal numbers, but response to retail sales data will hold the key for directional moves in US dollar, and help rupee shift away from the 65 mark
Rupees gains also followed those in 10 year bonds, while equities rise also attracted demand for the rupee, says Anand James, Chief Market Strategist at Geojit Financial Services.
The rupee opened higher by 9 paise at 64.95 against the US dollar on better-than-expected inflation numbers and mild selling of the greenback by exporters amid sustained foreign capital inflows.
The Indian rupee opened higher by 9 paise at 64.95 per dollar on Tuesday versus 65.04 yesterday.Bhaskar Panda of HDFC Bank said, "The USD-INR pair is hovering around 65 pivot and is looking for a
The Indian rupee gained in the early trade on Monday. It has opened higher by 22 paise at 64.95 per dollar versus 65.17 Friday.Pramit Brahmbhatt of Veracity said, "The rupee will trade with a
The Indian rupee opened marginally higher at 65.12 per dollar on Friday versus 65.14 yesterday.Bhaskar Panda of HDFC Bank said, "The dollar index had rallied past the 90 mark ahead of US non
The Indian rupee opened marginally lower at 64.90 per dollar on Wednesday versus previous close 64.88.Mohan Shenoi of Kotak Mahindra Bank said, "The dollar was weaker due to rising protectionism
The Indian rupee opened higher by 7 paise at 64.89 per dollar on Wednesday against previous close 64.96.Pramit Brahmbhatt of Veracity said, "The rupee will be under pressure on the back of FII
Snapping its three-session downtrend, the rupee today managed to end higher by 5 paise at 65.12 against the US currency on fresh bouts of dollar selling by banks and importers amid growing trade war
The Indian rupee opened higher by 7 paise at 65.10 per dollar on Monday versus 65.17 Thursday.Pramit Brahmbhatt of Veracity said, "A correction is expected in the equity market today
The rupee witnessed a free fall - breaching the key psychological 65-mark to end at a fresh three-month low of 65.17 against the resurgent dollar on growing fears that the Federal Reserve would
The rupee failed to benefit from highly bullish macroeconomic trends and ended virtually stable at 65.17 against the US dollar even as India regained title of world's fastest-growing major
The Indian rupee opened marginally lower at65.20 per dollar on Thursday versus previous close 65.18.Mohan Shenoi of Kotak Mahindra Bank said, "Fed Chair, Powell's, Congressional testimony points
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