Rupee opens marginally higher
Friday, January 11, 2019, 5:47 PM
Indian rupee on Friday strengthened marginally against US dollar, tracking gains in its Asian peers after Federal Reserve Vice Chairman Richard Clarida became the latest policy maker to suggest the Fed may be nearing a pause in its tightening cycle. At 9:15am, the currency was trading at 70.37 a dollar, up 0.07% from previous close of 70.41.
Rupee hits 5-month high vs US dollar, then erases gains
Monday, January 7, 2019, 7:13 PM
The rupee rose to a-six-month high against the US dollar amid firm domestic equity markets and weakening of US dollar in overseas markets. The rupee today opened at 69.42 dollar and rose to 69.24 at day's high. It was trading at 69.67 in afternoon trade. So far in the day, the rupee traded in the range of 69.24 to 69.78 against the US dollar.
Rupee, bonds gain as crude oil prices ease
Friday, November 9, 2018, 10:36 AM
Yields on 10-year government bond declined nearly 3 basis points while rupee strengthened against US dollar on Friday due to continued fall in crude oil prices and RBI's liquidity support via a series of open market operations. This prompted FIIs to buy nearly $1.26 billion in domestic debt over the last nine trading sessions (between 24 October and 5 November), according to Bloomberg data.