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Rupee falls to near one-month low, closes at 64.62 a dollar


Indian rupee fell to nearly a one-month low on Tuesday as demand for the dollar strengthened by foreign institutional investors looking to exit their positions or hedge their exposure.

Indian rupee extends overnight losses as dollar gains against most Asian currencies


At 13.07 IST, the rupee was trading at 64.54 to the dollar, 23 paise lower than its previous close. Both nationalised banks and foreign banks were buying the greenback heavily since the beginning

Indian rupee opens 12 paise weaker at 64.42 on strong demand for USD


On Monday, the rupee had closed 7 paise higher from its Friday close, after having seen higher gains earlier in the session. However, towards the end of trade, demand for the dollar returned and many

Indian rupee closes higher against USD at 64.30


Despite the dollar gaining against other currencies, a positive stock market and increased inflow from foreign portfolio investors supported the rupee.

Indian rupee opens at 64.27 per dollar; gains 10 paise


The Indian rupee gained in the early trade on Monday. It has opened higher by 10 paise at 64.27per dollar versus Friday's close 64.37.Pramit Brahmbhatt of Veracity said, "Consolidation near 64.20/USD

'Indian rupee to be range-bound this week, to trade at 64-64.50'

08-05-2017| Source:PTI

"Overall the rupee has been strengthening this year due to higher foreign fund inflows due to reforms like GST. But now exporters are also selling dollars on one hand and they are started

Rupee rise shows economic power, govt not targeting level: Shaktikanta Das

05-05-2017| Source:PTI

The domestic currency has been Asia's best performer this year and its rising clout against the US dollar has been aided by a hands-off approach by the RBI.

Indian rupee opens weaker against USD at 64.22


The rupee on Friday opened 6 paise weaker against the dollar at 64.22 as nationalised banks bought the greenback heavily in early trade.

Indian rupee weakens marginally in lacklustre trade; key global cues eyed


Analysts said that despite the market getting a status quo policy from the US Federal Reserve, the dollar grew in strength because of comments that hinted at a rate hike in June.

Constructive on global equities including India: StanCharts Manpreet Gill  

04-05-2017| Source:CNBC-TV18

lack of dollar strength is likely to be good for emerging markets and so from a long-term perspective, Indian equities and rupee is well placed, said Manpreet Gill, Senior Investment Strategist

Indian rupee opens weaker as US dollar rises post Fed meet


The dollar index, which measures its strength against six other currencies, rose to its highest level in almost 6 weeks as the Fed's hawkish commentary indicated that rates may be hiked

Rupee consolidating, to trade in 64.10-64.40 range: Mohan Shenoi

04-05-2017| Source:CNBC-TV18

The rupee is consolidating after sharp gains in March and April. We expect the USD-INR pair to trade in a range of 64.10-64.40/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.

Rupee closes 6 paise up against dollar as investors steer clear of long positions


After having opened higher against the dollar on Wednesday, the rupee stayed in a narrow range for most of the day, as investors refrained from taking long positions ahead of key global cues, dealers

Chinese yuan, Indian rupee forecast to fall over coming year: Poll

03-05-2017| Source:Reuters

as early as next month, which would be supportive of the dollar.

Indian rupee continues to trade higher on sustained selling of US dollar


Analysts said the strength in the rupee was also partly due to strength in the domestic equity market and a weak dollar overseas.

Indian rupee opens higher at 64.12 as exporters, custodian banks sell US dollars


The rupee on Wednesday opened 9 paise higher against the dollar at 64.12, as exporters and custodian banks sold the greenback in early trade.

Indian rupee pares early gains, up 6 paise at 64.18 in late morning

02-05-2017| Source:PTI

The rupee resumed higher at 64.12 a dollar as against the last weekend's level of 64.24 at the Interbank Foreign Exchange market and moved in a range of 63.9975 and 64.19 before quoting at 64

Indian rupee opens stronger at 64.13 as exporters, banks sell dollars


The rupee on Tuesday opened 11 paise stronger against the dollar at 64.13, as exporters and banks sold the greenback heavily in early trade.

Indian rupee opens higher at 64.18 per dollar


The Indian rupee opened marginally higher at 64.18per dollar on Tuesday versus 64.24 Friday.Bhaskar Panda of HDFC Bank said, "US yields rose on Monday on the back of Mnuchin's comments. But Dollar

USD-INR to start around 64.25 level: Bhaskar Panda

02-05-2017| Source:CNBC-TV18

Today, I expect the pair to start around 64.25/dollar level and trade in an intraday range of 64.15-64.35/dollar range, says Bhaskar Panda of HDFC Bank.

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