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Rupee opens 23 paise up at 70.83 against dollar

Friday, October 11, 2019, 3:48 PM

The rupee on Friday opened 23 paise higher at 70.83 against dollar following some selling in American currency by banks and exporters. The local currency on Thursday settled almost flat at 71.07 against the US dollar as the anxiety over US-China trade talks kept investors on edge. "Today, USDINR pair is expected to quote in the range of 70.70 and 71.30."
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Gold dips as dollar holds strong ahead of Sino-US trade talks

Tuesday, October 8, 2019, 4:39 PM

Gold prices slipped to a near one-week low on Tuesday, declining for a third straight session, weighed down by a firmer dollar ahead of the upcoming trade talks between China and the United States. Spot gold was down 0.3% at $1,489.32 per ounce, as of 0627 GMT. Prices had dropped 1% in the previous session. US gold futures fell 0.6% to $1,494.60 per ounce.
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Rupee recovers by 54 paise to 71.24 vs dollar

Wednesday, September 18, 2019, 9:22 PM

Snapping its two-day falling streak, the rupee rebounded 54 paise to finish at 71.24 against the US dollar on Wednesday as sliding crude oil prices eased pressure off emerging market currencies. However, unabated foreign fund outflows capped the gains, forex traders said. Market participants were also awaiting cues from the much-anticipated policy meeting of the US Federal Reserve, traders said.

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