Dollar Demand

Indian Rupee is expected to trade on positive note on the back of upbeat global market sentiments. Further, Indian Central Bank monetary policy is in line with the market expectations, which may support currency to trade positive, says Sushil Finance.

Rupee falls 35 paise to 61.79/$ as stocks decline

The rupee on Monday closed at 61.79/USD, shedding 35 paise after stocks weakened on concerns about continuing US government shutdown.

Rupee tumbles by 90 paise vs dollar in late morning trade

The rupee fell sharply by 90 paise to 66.90 against the dollar in the late morning trade on the back of persistent dollar demand from banks and importers.

Strong dollar, FII sell-off to up rupee strain: HDFC Bank

Forex market analysts believe that the currency may weaken more on the back of strong dollar demand. Employment data from the US has also been strong, which has led to this move, says Ashutosh Raina, head of FX trading at HDFC Bank.

Rupee hits five-week high; RBI measures starting to aid

The rupee hit a five week high on Friday as the RBI's measures to tighten the liquidity in the market started to reflect on the currency. The rupee closed at 59.04 per dollar.

Rupee marginally lower, fresh cues awaited

Traders say the market awaiting clarity from policymakers following the Reserve Bank of India's last week's measures to restrict rupee liquidity and raising of short-term funding interest rates

Karvy Stock Broking`s view on Rupee

Karvy Stock Broking has come out with its report on currency. As per the research firm, during the day, domestic equities and the month-end dollar demand would give direction to the rupee.

Rupee off-highs as oil demand persists

The rupee ended stronger on Wednesday buoyed by large gains in local shares, but off its day's highs on persistent dollar demand by oil firms.

Rupee down 11 paise at 46.15/16 against dollar

The rupee today declined by 11 paise to end at 46.15/16 against the US currency due to sustained dollar demand from importers amid distinctly weak equities.