Jun 19, 2020 02:30 PM IST
Forex traders said factors like strengthening US dollar, rising coronavirus cases and border tension between India and China dragged down the local unit, while positive domestic equities and fresh foreign fund inflows supported the rupee and restricted the decline to some extent.
- Jun 19, 2020 11:50 AM IST
Spot gold rose 0.2% to $1,725.88 per ounce by 0506 GMT. The bullion has fallen 0.3% so far this week. U.S. gold futures rose 0.2% to $1,735.10.
- Jun 16, 2020 02:56 PM IST
In a massive rise of border tension, an Indian Army officer and two soldiers were killed during a violent confrontation with Chinese troops in the sensitive Galwan Valley in eastern Ladakh on Monday night, the Army said.
- Jun 16, 2020 12:41 PM IST
"Even a change Washington may not save the inevitable collapse"
- Jun 15, 2020 02:55 PM IST
The rupee opened weak at 75.93 at the interbank forex market. It fell further and finally settled for the day at 76.03 against the US dollar, down 19 paise over its last close.
- Jun 10, 2020 02:40 PM IST
Forex traders said rupee traded in a range bound manner in the absence of any major trigger and market participants are eagerly awaiting Fed's stance and their outlook on the US economy for further cues.
- Jun 05, 2020 02:52 PM IST
Forex traders said positive domestic equities, sustained foreign fund flows, revival of business activities and weak US dollar supported the local unit, but there were still a slew of risks, including US-China trade tiff, that weighed on the currency.
- Jun 03, 2020 02:36 PM IST
Forex traders said positive domestic equities, sustained foreign fund flows, revival of business activities and weak US dollar supported the local unit, but there are still a slew of risks, including US-China trade tiff and concerns that it may jeopardise the Phase-1 deal.
- Jun 02, 2020 02:40 PM IST
Forex traders said positive domestic equities, weak American dollar and foreign fund inflows also supported investor sentiments.
- May 29, 2020 02:30 PM IST
Forex traders said investors are awaiting the country's gross domestic product data for the January-March quarter, due later in the day, for further cues.
- May 28, 2020 02:40 PM IST
Forex traders said the rupee traded in a narrow range as positive domestic equities and improving risk appetite were offset by a flare-up in US-China tensions.
- May 27, 2020 02:40 PM IST
Forex traders said rupee was trading in a narrow range as positive domestic equities, rising optimism about a potential coronavirus vaccine and a revival of business activities were offset by a flare-up in US-China tensions.
- May 26, 2020 02:35 PM IST
At the interbank foreign exchange, the rupee opened at 75.69, then gained ground and finally settled for the day at 75.66, registering a rise of 29 paise over its previous close.
- May 22, 2020 02:42 PM IST
Forex traders said weak domestic equities, strengthening American currency overseas, rising coronavirus cases in the country and US-China trade tensions also weighed on the local unit.
- May 18, 2020 02:40 PM IST
Besides, market participants said the extension of the nationwide lockdown could weigh on the economic outlook of the country.
- May 14, 2020 11:19 PM IST
In March 2019, the central bank was net buyer of the greenback as it had purchased $9.408 billion. It bought $10.306 billion from the spot market and sold $898 million.
- May 12, 2020 03:37 PM IST
At the interbank foreign exchange, the rupee opened at 75.89, then pared the initial losses to finally settle at 75.51 against the US dollar, registering a rise of 22 paise over its previous close.
- May 11, 2020 09:45 PM IST
With currency markets highly fragmented and spread across multiple time zones, market watchers usually rely on the weekly data from the Commodity Futures Trading Commission to get an idea on how investors are positioned in FX markets.
- May 11, 2020 02:50 PM IST
Forex traders said while positive domestic equities supported the local unit, market participants were concerned about the impact of spiking coronavirus cases on the economy.
- May 05, 2020 02:41 PM IST
Forex traders said the rupee is trading in a narrow range as positive domestic equities supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.
- Apr 23, 2020 02:58 PM IST
Forex traders said investor sentiment strengthened after the RBI said it would undertake additional purchase of government securities through open market operations (OMO).
- Apr 22, 2020 07:28 AM IST
Spot gold was steady at $1,685.46 per ounce by 0041 GMT. U.S. gold futures were up 0.9% at $1,703.60.
- Apr 21, 2020 02:55 PM IST
Forex traders said the decline in the rupee was largely due to sharp drop in oil prices and stronger greenback which edged higher past the 100 level mark.
- Apr 21, 2020 07:25 AM IST
Spot gold eased 0.2% to $1,689.45 per ounce by 0031 GMT, while plummeting U.S. crude oil prices increased bullion's safe-haven appeal on Monday.
- Apr 17, 2020 11:51 AM IST
Forex traders said positive domestic equities and weakening of the American currency in the overseas also supported the rupee.