Rupee rises 7 paise to settle at 83.30 against US dollar
The government’s fiscal deficit at the end of October touched 45 per cent of the full-year budget estimate, as per the data released by the Controller General of Accounts (CGA).
Sell USDINR; target of : 83.25 : December 01, 2023: ICICI Direct
ICICI Direct, Rupee closed at record low amid recovery in US dollar and rise in crude oil prices.
Rupee falls 7 paise to settle at 83.39 against US dollar
Foreign institutional investors were net buyers in the capital market on Wednesday as they purchased shares worth Rs 71.91 crore, according to exchange data.
Rupee rises 2 paise to settle at 83.32 against US dollar
Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas, said Indian rupee appreciated on positive domestic markets and foreign institutional investors inflows over the past three consecutive sessions.
Gold scales a 6-month high; near-term outlook bullish
The dollar index touched its lowest since mid-August, making bullion less expensive for overseas buyers.
Sell USDINR; target of : 83.35 : November 28, 2023: ICICI Direct
ICICI Direct, Rupee ended at record closing on Friday tracking weakness in other Asian currencies.
Rupee declines to record closing low, tad down on week
The rupee ended at 83.3675 against the US dollar, lower by 0.03% compared with its close at 83.3425 in the previous session.
Buy GBPINR; target of : 104.70 : November 24, 2023: ICICI Direct
ICICI Direct, Pound is likely to move further north towards 1 .2600 level amid soft dollar and surge in UK bond yields.
Euro profits from better euro zone data; U.S. market shut
The weakness in the dollar has buoyed the yen, along with expectations the Bank of Japan may shift away from its ultra-loose monetary policy next year.
Rupee edges 2 paise lower to close at 83.34 on FII outflows
Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday as they sold shares worth Rs 306.56 crore, according to exchange data.
Sell USDINR; target of : 83.20 : November 23, 2023: ICICI Direct
ICICI Direct, Pound is likely to move north towards 1.2600 level amid soft dollar and hawkish comments from BOE officials.
Rupee falls 3 paise to close at 83.31 against US dollar
On Tuesday, the rupee recovered from its all-time low to settle 10 paise higher at 83.28 against the US dollar.
Buy GBPINR; target of : 104.80 : November 22, 2023: ICICI Direct
ICICI Direct, Pound is likely to move north towards 1.2600 level amid soft dollar and hawkish comments from BOE officials.
Rupee settles 4 paise higher at 83.34 against US dollar
According to exchange data, Foreign Institutional Investors (FIIs) were net sellers in the capital market on Monday, as they offloaded shares worth Rs 645.72 crore.
India rupee closes slightly lower, little changed on week
The rupee has been unable to gain from these favourable cues in the face of persistent dollar demand from local importers, traders said.
The US-China currency wars are in an unstable lull
If Beijing returns to promoting export-led growth, tension over exchange rates may return
Rupee jumps 21 paise to settle at 83.12 against US dollar
On Monday, the rupee declined by 5 paise to settle at its all-time low of 83.33 against the American currency. The forex markets were closed on Tuesday on account of Diwali-Balipratipada.
Buy EURINR; target of : 90.50 : November 15, 2023: ICICI Direct
ICICI Direct, The Euro rallied to its 2-month highs on Tuesday amid correction in the dollar.
Rupee strengthens most in two months as US CPI softens
Rise in Asian currencies follows soft US inflation, hinting at a possible end to the Federal Reserve's rate-hike cycle
Buy EURINR; target of : 89.40 : November 13, 2023: ICICI Direct
ICICI Direct, The Euro edged higher on Friday amid strength in the German bund yields. But the upside in the pair was limited by the dovish comments from the ECB President Lagarde after she suggests pause in the rates.
Sell GBPINR; target of : 101.60 : November 10, 2023: ICICI Direct
ICICI Direct, Pound erased all its gains and ended with a loss of 0.50% amid rebound in the dollar.
Sell EURINR; target of : 89.40 : November 09, 2023: ICICI Direct
ICICI Direct, The Euro recovered from early losses on Wednesday after the hawkish comments from the ECB members.
Sell EURINR; target of : 89.10 : November 07, 2023: ICICI Direct
ICICI Direct, The Euro edged lower on Monday amid recovery in the dollar index. Earlier the pair rallied amid better than expected Eurozone economic numbers.
Rupee falls 2 paise to close at 83.22 against US dollar
Forex traders said a positive trend in domestic equities supported the local unit at lower levels and restricted the downside.
