Oct 13, 2011 01:00 PM IST
Angel Broking has come out with its report on Rupee. According to the research firm Indian Rupee is expected to trade with an appreciation bias today taking cues from positive sentiments in the global markets which also help rise in domestic equities.
- Oct 11, 2011 11:39 AM IST
The Indian rupee continued to rule firm, appreciating by 4 paise against the US dollar in early trade today on persistent selling of dollars by exporters and banks in view of weakness of the American currency in overseas markets.
- Oct 10, 2011 10:20 PM IST
World stocks rallied for a fourth straight session on Monday and the euro jumped on a pledge by the German and French leaders to unveil new measures to resolve the European debt crisis by the end of the month.
- Oct 10, 2011 12:20 PM IST
The Indian rupee advanced by 12 paise to Rs 49.03 per US dollar in early trade today on continued selling of the American currency by banks and exporters on the back of dollar weakness in overseas markets.
- Oct 10, 2011 09:52 AM IST
The Indian rupee appreciated by 8 paise to Rs 49.07 per US dollar on the Interbank Foreign Exchange in early trade today, tracking gains registered by
other Asian currencies against the dollar.
- Oct 07, 2011 10:16 AM IST
The Indian rupee rose by 30 paise to Rs 49.04 per US dollar in early trade on the Interbank Foreign Exchange today, supported by euro gains against the American currency and a rebound in the domestic stock market.
- Oct 05, 2011 11:40 AM IST
The Indian rupee was up by 28 paise at Rs 49.12 per US dollar in early trade today due to fresh selling of the American currency by banks and exporters on the back of dollar weakness in overseas markets.
- Oct 04, 2011 06:40 PM IST
Brent crude futures dipped below the psychologically-important USD 100 level on Tuesday, as worries that a Greek debt default could spread across the banking system and threaten the global economy showed no signs of abating.
- Oct 04, 2011 10:42 AM IST
The Indian rupee lost 13 paise to Rs 49.28 per US dollar in early trade on the Interbank Foreign Exchange today due to appreciation of the US currency against other major rivals overseas and a weak opening in the domestic equity market.
- Oct 03, 2011 11:07 AM IST
The Indian rupee fell by 57 paise to Rs 49.53 against the US dollar in early trade today amid steep depreciation of the euro on heightened concerns over the European debt crisis.
- Sep 30, 2011 01:15 PM IST
According to John Woods of Citi Private Bank, whether or not the global markets could witness a multiyear bear patch depends on the severity of recession in the US. He said, "Markets are still coming to terms with recession in the US. We haven’t fully priced in a potential of recession."
- Sep 29, 2011 11:18 AM IST
The Indian rupee declined by 36 paise to Rs 49.11 per US dollar in early trade today on fresh month-end demand for the American currency from importers, coupled with dollar gains in overseas market.
- Sep 27, 2011 08:20 PM IST
Weakening rupee against US dollar has come as a severe blow to Punjab’s secondary steel market, with industry cutting down output by whopping 30% in the wake of rising cost of imported raw material.
- Sep 26, 2011 02:15 PM IST
According to Jane Foley, Senior FX Strategist at RBS, many markets have already priced in the possibilty of Greek default. One big concern for the markets is that whether or not other countries could potentially follow a default for Greece.
- Sep 23, 2011 09:17 AM IST
Richard Gibbs, global head of economic at Macquarie Securities believes that yesterday’s big sell-off was because of the Federal Reserve's twist strategy, which won’t be adequate in rejuvenating the US economy. The distribution of growth in the global environment is very lopsided at this point in time, he added.
- Sep 22, 2011 08:20 PM IST
A grim economic outlook from the US Federal Reserve and signs of slowing growth in China and Germany drove world stocks down more than 4% on Thursday, prodding investors into the safe-haven US dollar and government bonds.
- Sep 20, 2011 03:20 PM IST
Bankers are sizing up India lending opportunities in the wake of new rules announced last Thursday which allow India borrowers greater access to overseas borrowings and, for the first time, yuan debt.
- Sep 20, 2011 11:44 AM IST
The Indian rupee was down by 44 paise at a fresh two-year low of Rs 48.25 per US dollar in early trade today on persistent demand for the American currency from banks and importers on the back of dollar firmness in overseas market.
- Sep 19, 2011 07:55 PM IST
The US Dollar Index (USDX) witnessed its strongest rally in recent times. It moved from 75 points to 77.2 points – the highest level in two months.
- Sep 16, 2011 10:15 AM IST
The rupee appreciated by 12 paise to Rs 47.43 per US dollar in early trade on the Interbank Foreign Exchange today, supported by gains registered by the euro against the American currency and a higher opening in the domestic stock market.
- Sep 15, 2011 06:34 PM IST
Indian rupee, which breached the Rs 48 per US dollar mark to a 2-year low in the intra-day trade yesterday, is likely to remain under pressure in the near term and will be around Rs 47 per dollar by the end of this year, global research firm Macquarie said
- Sep 15, 2011 04:21 PM IST
State-owned oil marketing companies are virtually living off borrowed money as their losses on auto and cooking fuel sales have forced them to take loans to meet even day-to-day expenses.
- Sep 14, 2011 08:50 PM IST
The rupee declining against the US dollar will help domestic IT companies in the next two-three months, HCL Chairman Shiv Nadar said today.
- Sep 14, 2011 10:30 AM IST
Brijen Puri, head of FX Trading, JP Morgan, tells CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee that the rupee is low due to feeble trade deficit numbers and weak global sentiment.
- Sep 13, 2011 12:25 PM IST
The Indian rupee was up by 27 paise at Rs 46.95 per US dollar at 1030 hours today on fresh selling of the American currency by banks and exporters amid a firming trend in the equity market