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Hedging Against Indian Rupee Appreciation

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Rupee down 42 paise against dollar; hits three-week low

May 10, 2013 at 15:12 | Source: Reuters

The Indian rupee today lost 42 paise to 54.57 against the dollar in trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies overseas.

Indian rupee down 18 paise against dollar in early trade

May 07, 2013 at 10:38 | Source: PTI

The rupee today lost 18 paise to Rs 54.36 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas.

Nifty flat to positive; Rupee rises above 54/USD

Oct 30, 2012 at 10:30 | Source: Moneycontrol.com

Indian equity benchmarks gained somewhat strength amid choppy trade, helped by banking and financials stocks ahead of monetary policy review by the Reserve Bank of India. The Indian rupee too appreciated by 18 paise to 53.90 against the US dollar, may be on policy rate cut hopes.

IOC cuts petrol price by 56 paise/litre effective midnight

Oct 08, 2012 at 18:23 | Source: PTI

Petrol price was today cut by 56 paise per litre on the back of appreciation in rupee value against the US dollar. Petrol will cost Rs 67.90 per litre at Indian Oil Corp's (IOC) petrol pumps in Delhi with effect from midnight tonight as against Rs 68.46 a litre presently, the company announced today.

Nifty holds 5700; Rupee appreciates 30 paise to 52.55/USD

Oct 01, 2012 at 14:53 | Source: Moneycontrol.com

The 50-share NSE Nifty was trading above the 5,700 level amid volatility, supported majorly by Infosys, Tata Motors and SBI. Even the Indian rupee rose by 30 paise to 52.55 against the US dollar.

Volatile Sensex extends gains; European markets rise 1%

Oct 01, 2012 at 13:46 | Source: Moneycontrol.com

The BSE Sensex gained more than 50 points amid choppy trade, following one percent upmove in European markets. The Indian rupee too appreciated 20 paise to 52.65 against the US dollar.

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