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Rupee trades higher at 69.46 per dollar
Thursday, April 18, 2019, 10:45 AM
The Indian rupee is trading higher by 14 paise at 69.46/dollar on Thursday versus Tuesday close of 69.60. On Wednesday the currency markets were shut on account of Mahavir Jayanti, while it will remain shut on April-19 for Good Friday. Rupee futures are expected to open higher around 69.55 against dollar after robust economic data boosted the Chinese yuan to near nine-month highs.
Politics and policy easing to hurt rupee: Poll
Thursday, April 4, 2019, 8:20 PM
India's rupee is expected to reverse recent gains and weaken over coming-year, hurt by monetary-policy-easing, but outcome of national-election is also likely to be key-driver of its direction, a-Reuters-poll found. The rupee was the worst performing Asian currency last year but gained over 2% in March despite the RBI easing policy in February and expectations for it to do so again later on Thursday.
Rupee trades flat at 68.88 per dollar
Wednesday, March 27, 2019, 8:04 PM
The Indian rupee is trading flat at 68.86 per dollar versus previous close 68.86. Rupee consolidated in narrow-range ahead of the important fiscal-number that will be released this week. Market participants were also cautious ahead of the he outcome of RBI's first-ever rupee-dollar swap auction, said Motilal Oswal. Today, USD-INR pair is expected to quote in the range of 69.05 and 69.50, it added.
