Currency Update

RBI will sell dollars when rupee sees 55.50-56/$: StanChart   

22 May 2013, 12.52 pm  |  Source: CNBC-TV18

On the levels he sees for the currency, Agam Gupta of Standard Chartered Bank says it will not see 55.75-56/USD in the next three-six months. ...

Rupee slide to end soon, won't breach 56/$: StanChart    

22 May 2013, 11.47 am  |  Source: CNBC-TV18

The only factor that could pose a risk to the rupee, is the political uncertainity adds Ananth Narayan, managing director, co-head of wholesale bankin...

Indian rupee not as big a concern for FIIs now: Goldman   

22 May 2013, 11.10 am  |  Source: CNBC-TV18

Prashant Khemka of Goldman Sachs says, in an interview to CNBC-TV18, once catastrophic risks like the Greece are behind us and there is still potentia...

Indian rupee hits near 6-month low; dollar buying continues  

22 May 2013, 10.48 am  |  Source: Reuters

The Indian rupee hits a fresh near 6-month low in openeing trades as it falls to 55.48 after opening at 55.335. Dealers say follow-on dollar buying is...

Indian rupee opens at lowest level since Jan 8  

22 May 2013, 9.08 am  |  Source: Moneycontrol.com

The Indian rupee opened higher at 55.38 per dollar Wednesday. According to Pramit Brahmbhatt of Alpari, the range for the day is seen between 55.18-55...

Weakness in rupee could cap bond market rally: Bagla  

22 May 2013, 8.56 am  |  Source: CNBC-TV18

The range for new 10-year yield is seen between 7.15-7.18 percent. FIIs could hold back their bond purchases, says Sandeep Bagla, ICICI Securities Pri...

Rupee to continue trade weak today: Pramit Brahmbhatt  

22 May 2013, 8.49 am  |  Source: CNBC-TV18

The range for rupee for the day is seen between 55.18-55.72/USD. Good dollar inflows to the Indian market by FIIs could provide some respite, says Pra...

55.30/USD key level for rupee now: Moses Harding   

22 May 2013, 8.38 am  |  Source: CNBC-TV18

Moses Harding of IndusInd Bank attributes this rupee low to general dollart strength and a weak macro scenario in India. ...

Forex - NZD/USD falls as traders eye BoJ, Fed  

22 May 2013, 7.31 am  |  Source: Forexpros.com

Forex - NZD/USD falls as traders eye BoJ, Fed...

Forex - Dollar mixed ahead of Bernanke testimony  

22 May 2013, 6.46 am  |  Source: Forexpros.com

Forex - Dollar mixed ahead of Bernanke testimony...

Forex - GBP/USD falls on safe-haven dollar demand, U.K. inflation data  

22 May 2013, 12.55 am  |  Source: Forexpros.com

Forex - GBP/USD falls on safe-haven dollar demand, U.K. inflation data...

Indian rupee hits 6-month low at 55.41 on firm dollar  

21 May 2013, 6.43 pm  |  Source: PTI

Indian rupee touched nearly a six-month low of 55.41 depreciating 30 paise on sustained dollar demand from importers and weakness in equity shares....

Rupee at 4-1/2 month low on weaker shares, dollar demand  

21 May 2013, 5.26 pm  |  Source: Reuters

Rupee hits a 41/2 month low as local shares fall for a second consecutive session...

HSBC says rupee better suited to stand USD strength  

21 May 2013, 4.50 pm  |  Source: Reuters

HSBC believes that INR is a main beneficiary of lower commodity prices as it suffers from significant oil and gold trade deficits....

Rupee to end 2013 in range of 56.50-57/$: Credit Suisse   

21 May 2013, 2.26 pm  |  Source: CNBC-TV18

Robert Prior-Wandesforde, Credit Suisse says the Indian currency is likely to see short periods of currency strength followed by significant periods o...

Rupee trims early gains, still up by five paise  

21 May 2013, 2.09 pm  |  Source: PTI

Rupee opens up 14 paise higher in early morning trade. Over its last close, it still was up by 5 paise in the late morning trade. ...

Indian rupee up 16 paise vs dollar in early trade  

21 May 2013, 10.09 am  |  Source: PTI

The local currency had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due to sustained dollar demand from oil importers....

Indian rupee gains in early trade; trades at 54.96/dollar  

21 May 2013, 9.09 am  |  Source: Moneycontrol.com

The Indian rupee opened higher at 54.96 per dollar against 55.11 on Monday. According to Jayesh Mehta of Bank of America, the range for the day is see...

Expect bonds to remain supported: Vivek Rajpal  

21 May 2013, 8.52 am  |  Source: CNBC-TV18

The old 10-year yield is likely to trade between 7.30-7.37%, while the new benchmark is seen in a 7.15-7.20 percent range, says Vivek Rajpal, Nomura....

Rupee could appreciate to 54.90/USD: Jayesh Mehta  

21 May 2013, 8.49 am  |  Source: CNBC-TV18

The range for rupee is seen between 54.90-55.10/USD for the day. Strong participation in the debt auction will impact the rupee positively, says Jayes...

Inflation bonds may be linked to CPI in future: RBI  

20 May 2013, 4.51 pm  |  Source: Moneycontrol.com

RBI may link the proposed inflation index bonds (IIBs) to CPI - inflation as and when it stabilizes but currently, those are linked to WPI - inflatio...

Dollar strength may push rupee to 56 in medium term: BofA   

20 May 2013, 4.33 pm  |  Source: CNBC-TV18

The Indian currency may touch the 56 level in medium-term on the back of strengthening dollar....

Indian rupee near 2.5 month low  

20 May 2013, 3.41 pm  |  Source: Reuters

Traders say good demand for the greenback from oil importers and gold firms hurting the rupee....

See rupee above 53.70/$; Bernanke's testimony eyed: HSBC   

20 May 2013, 11.53 am  |  Source: CNBC-TV18

Despite expectations that Bernanke will continue to make the case for stimulating the economy through its bond-buying programme at his testimony, most...

Indian rupee hits 2-1/2 month low  

20 May 2013, 10.00 am  |  Source: Reuters

The rupee is trading at 55.02/03 after touching 55.07 in opening deals, its lowest since March 4....

Indian Rupee opens lower at 55.04 per dollar  

20 May 2013, 9.09 am  |  Source: Moneycontrol.com

The Indian rupee opened lower by 16 paise at 55.04 per dollar versus 54.88 on Friday. Agam Gupta of Standard Chartered Bank feels fundamental inflows ...

10-year yield likely to trade in 7.14-7.20% range:Edelweiss  

20 May 2013, 8.54 am  |  Source: CNBC-TV18

The bond market rally could cool off as valuations have turned richer and another rate cut seems priced in, says Ajay Manglunia, Edelweiss....

Rupee likely to open above 55/USD: Agam Gupta  

20 May 2013, 8.51 am  |  Source: CNBC-TV18

Rupee for the day is seen between 54.90-55.25/USD range. Fundamental inflows are likely to continue, while selling pressure could emerge at 55.20/USD,...

Rupee edges down tracking broad dollar gains  

17 May 2013, 10.51 pm  |  Source: Reuters

The rupee weakened on Friday on the back of a broad rally in the dollar versus major currencies, but gains in domestic shares limited a sharp sell-off...

Dollar soars, global stocks gain amid talk of Fed QE exit  

17 May 2013, 10.28 pm  |  Source: Reuters

The dollar soared on Friday against a basket of currencies, reaching a nearly three-year peak, and global equity indexes gained as speculation mounted...