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RBI intervenes to support rupee, may have sold around $500 mn

24-11-2016| Source:Reuters

The Reserve Bank of India (RBI) sold around USD 500 million to support the rupee currency when it fell to around 68.80 per dollar on Thursday morning, traders said.Two interventions by the central

RBI intervenes as rupee falls to near record low

24-11-2016| Source:Reuters

The rupee was trading between 68.81 and 68.83 per dollar, compared with its close of 68.56 on Wednesday.

Fall in re to spook FIIs; see mkt range-bound in near term: Citi  

24-11-2016| Source:CNBC-TV18

Surendra Goyal said that this depreciation in rupee will spook foreign institutional investors (FIIs).

Buy US$INR November Fut; target of 68.75 / 68.95: ICICIdirect

24-11-2016| Source:Moneycontrol.com

ICICIdirect.com has expect the US dollar to find buying support on decline against the rupee. Utilise declines in the US$/INR November contract to Buy target of 68.75 / 68.95.

Rupee crosses record closing low, trades at 68.82  

24-11-2016| Source:Moneycontrol.com

In the early trade, the rupee declined by 18 paise at 68.74 per dollar versus previous close 68.56.

EXPLAINED:Weakening rupee, its causes, implications for equities

24-11-2016| Source:Moneycontrol.com

The Indian rupee has been sharply depreciating against the US dollar clocking its nine-month low yesterday. The Indian currency has plunged by about by 2.91 percent since Donald Trump's victory

Rupee opens at fresh 9-month low; down 18 paise

24-11-2016| Source:Moneycontrol.com

We expect the USD-INR to trade in a range of 68.65-69/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.

USD-INR to trade between 68.65-69/dollar: Mohan Shenoi

24-11-2016| Source:CNBC-TV18

We expect the USD-INR to trade in a range of 68.65-69/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.

Looking at 66-68 range for rupee against US dollar: Citi  

24-11-2016| Source:CNBC-TV18

Speaking to CNBC-TV18 Samiran Chakraborty, Chief Economist at CITI said that rupee has to be seen in a relative context. The dollar is getting stronger, he admitted, but the rupee is overvalued

Rupee tanks to 9-mth low on strong dollar scare, outflows  

23-11-2016| Source:PTI

Extending its losses for the fourth day, the rupee today tumbled by 31 paise to close at fresh nine-month low of 68.56 against the dollar due to persistent capital outflows amid a resurgent US

Dollar-rupee may test 68.79 level in coming weeks: Scotiabank  

23-11-2016| Source:CNBC-TV18

Emerging markets (EMs) currencies are seeing weakness due to the strengthening dollar index, says Qi Gao of Scotiabank.

Dollar-Re may grind higher up to 69.50 by next yr: Credit Suisse  

23-11-2016| Source:CNBC-TV18

Speaking to CNBC-TV18, Ray Farris of Credit Suisse said that the rupee in the emerging market basket of 20 currencies which he covers is relatively strong. The Indian rupee has fallen by over 2

Dollar index will continue to put pressure on rupee: Veracity

23-11-2016| Source:CNBC-TV18

Pramit Brahmbhatt of Veracity says a stronger Dollar index will continue to put pressure on the rupee for the day, as it is trading above the 101 mark.

Rupee hits 8-month low, opens 11 paise lower at 68.36/$

23-11-2016| Source:Moneycontrol.com

The Indian rupee has opened at 68.36 against the US dollar, down 11 paise compared with previous settlement at 68.25 a dollar.

Rupee struggles at 9-month low on forex outflow fears

22-11-2016| Source:PTI

A smart rebound in local equities alongside soft dollar overseas sentiment even failed to arrest the fall.

Rupee slips after early recovery, down 7 paise

22-11-2016| Source:PTI

The rupee opened higher at 68.13 per dollar as against last yesterday's closing level of 68.16 at the Interank Foreign Exchange (Forex) market.

Rupee opens higher at 68.13 per dollar

22-11-2016| Source:Moneycontrol.com

If equities remain flat today, we expect the rupee to trade in a range of 68.05-68.20/dollar, says Jayesh Mehta of BofA ML.

Expect rupee to trade in range 68.05-68.20/USD: Jayesh Mehta

22-11-2016| Source:CNBC-TV18

Jayesh Mehta, BofA ML said, "If equities remain flat today, we expect the rupee to trade in a range of 68.05-68.20/USD."He further said, "Demonetisation has speeded up process of yields heading

Rupee slips from early gains, down 5 paise against USD

21-11-2016| Source:PTI

The rupee opened higher at 68.10 per dollar as against last Friday's closing level of 68.13 at the Interank Foreign Exchange (Forex) market.

Nifty turns lower after reclaiming 8100 in opening; HDFC down

21-11-2016| Source:Moneycontrol.com

's Labs and Bharti Airtel were under pressure.The Indian rupee has opened flat at 68.10 per dollar today against Friday's closing value of 68.12 a dollar.Pramit Brahmbhatt of Veracity said, "In

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