Don’t have an account?
New to Moneycontrol - Sign up now
Its easy and FREE!
OR connect with
A Quick View
The rupee opened marginally higher by 7 paise at 61.84 per dollar on Tuesday as against previous day's closing value of 61.91 per dollar. The dollar index slipped below the 80 handle, while the euro
Rupee is going to trade rangebound with a slight negative bias today following a weak equity and high dollar demand by OMCs. However, a strong Euro against the dollar in the international market
FIPB permitting few foreign deals might help in boosting the positive sentiment and help rupee further, says Pramit Brahmbhatt, Alpari India.
Asian markets end mostly positive, China ends with minor losses. The euro is slipping. The US 10 year yield above 3 percent. Gold is testing the 1200 mark and WTI crude is above 100 dollars a barrel.
The rupee opened higher against the US dollar tracking the rise in euro and some Asian currencies. However, it was quick to give up most of its initial gains as importers rushed to cover their month
Rupee is going to be range bound today with a slight negative bias owing to a choppy equity market and strong dollar on hopes of better economic data in the international market, says Pramit
All of Asian markets end positive as Japan's Nikkei hits a 6-year high. China stays positive as inter-bank liquidity eases. Europe opens with gains as well, a resurgent dollar pushing the euro lower
the dollar this year and the euro, which has strengthened 3.7 percent against the dollar over the same period, as the major currencies likely to fare worst amid dollar strength."It will be a difficult year
Month-end dollar buying by oil companies will also keep the rupee under further pressure. Range for rupee seen between 61.94 -62.55/dollar, says Himanshu Arora of Religare.
The Indian rupee opened lower at 62.24 per dollar versus 62.09 Wednesday.
The Indian rupee opened marginally lower at 61.82 per dollar against 61.74 Monday.
The FOMC and RBI policy will be important cues for this week. The rupee for the day is seen between 61.95-62.35/dollar, says Agam Gupta of Standard Chartered.
Indian rupee opened lower by 35 paise at 61.60 per dollar versus 61.25 Wednesday.
Rupee will take cues from movement in equity markets. Global equities are showing a downward trend. US budget deals are coming to an understanding which is a positive cue, says NS Venkatesh of IDBI
The Indian rupee opened higher by 15 paise at 60.98 per dollar versus 61.13 Monday.
In rupee expect importer demand to come in at 61/USD. The range for the day is seen between 60.9-61.4/USD, says Agam Gupta of Standard Chartered.
The rupee trades flat against the US dollar, tracking rise in euro and firm local shares. The currency eyes US jobs data and domestic state elections results, while gilts are trading down ahead of Rs
The rupee is higher for a third session, tracking euro gains after the ECB gave no indication of policy easing.
Rupee may trade higher today on expectations of strong job numbers from the US this Friday, says Himanshu Arora of Religare.
rupee with US dollar, euro, British pound and Japanese yen, among others.
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.