30-12-2005
The rupee closed higher at Rs 45.04 after thin trade as volumes continue to be low ahead of the new low.
30-12-2005
2005 was the year when the rupee reversed its three-year long appreciating trend, and started falling. In a poll of money market participants, 70% said that the Fed would raise rates by another 50
30-12-2005
The rupee may strengthen against the US dollar today because of weak corporate dollar demand.
29-12-2005
The rupee ended lower at Rs 45.16 due to dollar demand from oil companies and banks.
29-12-2005
The rupee may weaken against the US dollar today due to a strong dollar overseas after better US consumer confidence data.
28-12-2005
The rupee closed higher at Rs 45.13 due to dollar sales by foreign banks probably on behalf of a customer.
28-12-2005
The rupee may weaken against the US dollar today, because of month-end corporate dollar demand, particularly from oil companies.
27-12-2005
The rupee closed lower at Rs 45.26 due to broad based dollar demand from banks amid thin liquidity.
26-12-2005
The rupee closed higher at Rs 45.05 as a large PSU bank sells dollars for customers and as banks' sell-buy.
26-12-2005
The rupee is likely to continue its rise against the US dollar today. Dollar inflows from foreign institutional investors are likely to meet corporate demand.
23-12-2005
The rupee closed higher at Rs 45.15 against its previous close of Rs 45.19 to the dollar.
23-12-2005
Analysts are unanimous that the markets going into the last week of the year will be either range bound or bearish. On Monday, though, the bearishness will continue and one should watch out for 9100 on the Sensex and 2780 on the Nifty on the downside.
23-12-2005
The rupee is likely to extend gains against the US dollar today as demand from importers is seen weak.
22-12-2005
The rupee closed higher at Rs 45.19. It recouped all losses due to long dollar liquidation by banks amid thin volumes.
22-12-2005
The rupee is likely to weaken against the US dollar today because of corporate dollar demand and due to the greenback's gains against the euro and yen.
21-12-2005
The rupee closed flat at Rs 45.23. It recouped all losses to end steady as dollar supplies from exporters meet demand from oil companies.
21-12-2005
The USD7 billion India Millenium Deposits, IMD, are due to be redeemed by SBI on December 29. SBI is set to book a huge profit because the rupee has appreciated considerably in the last three years.
21-12-2005
The rupee may weaken against the US dollar today because of demand from importers.
20-12-2005
The rupee ended lower at Rs 45.22 as dollar buying by some state-owned banks triggers short covering.
20-12-2005
The rupee may open lower against the US dollar today as the latter is up against major currencies.
