Friday, March 20, 2020, 12:04 PM
The Indian rupee recovered 34 paise to trade at 74.78 against the US dollar in early deals on March 20 following dollar selling by exporters. The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.65 percent to 102.08, helping the rupee trade higher. The domestic unit had closed at 75.12 against the US currency on March 19.
Friday, March 13, 2020, 3:52 PM
The Indian rupee staged a recovery in the afternoon session on Friday, trading 36-paise higher against the US-dollar, after the Reserve-Bank stepped in to maintain sufficient liquidity in the panick-stricken currency market. Seeing the heavy-rush for the US-dollar among participants, the RBI announced liquidity measures such as buy-sell swap of USD 2-billion to increase dollar availability with banks and ease pressure on the rupee.
Wednesday, January 8, 2020, 8:46 PM
The Indian-rupee retrieved early losses to settle 12 paise higher at 71.70 against the US dollar, but overall forex-market-sentiments remained subdued amid further escalation in US-Iran tensions. At the foreign bank exchange, domestic unit opened significantly lower at 72.05/dollar as against the previous day's close of 71.82. During the day, it traded in the range of 72.07 and 71.69 to the US currency.
Tuesday, December 3, 2019, 7:40 AM
The Indian-rupee on Monday settled 8 paise higher at 71.66 against the US dollar amid participants hoping Reserve-Bank will go for another rate-cut in the ensuing RBI-policy review meet this week. At the interbank foreign exchange, the rupee opened-weak at 71.78 a dollar but soon gathered strength to touch a high of 71.62 before finally settling at 71.66, up 8 paise over its last-closing.
Wednesday, November 20, 2019, 8:12 PM
The dollar and safe-haven yen found support on Wednesday as a lack of clarity on US-China trade talks kept investors cautious ahead of the release of minutes from the US Federal Reserve's last policy-meeting. Moves were slight as jaded traders again weighed mixed messages on trade, with more upbeat reports offset by US-President Trump delivering yet another warning of more tariffs if talks fail.
Monday, November 18, 2019, 8:45 PM
The Indian rupee appreciated by 19-paise to 71.59 against the US dollar in early-trade on Monday tracking gains in domestic equity market and weakening of the American-currency vis-a-vis other currencies overseas. Forex-traders said market participants were enthused after the US and China negotiators held 'constructive' call on trade deal. On Friday, rupee had settled for the day at 71.78 against the US dollar.
Thursday, November 7, 2019, 8:28 AM
Snapping its three-session winning streak, the Indian rupee declined 28 paise on Wednesday to close at 70.97 against the US dollar. However, weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices restricted the fall, forex brokers said. At the interbank foreign exchange market, the rupee opened at 70.80 and fell to 71.01 against the US dollar intra-day.
Thursday, September 26, 2019, 8:09 PM
Gold steadied on Thursday after the previous session's near 2 per cent slide, with lower prices tempting some buyers back to the market as uncertainty over the US-China trade war persisted, but a firmer dollar capping gains. Spot gold showed signs of recovery on Thursday, rising 0.3% at $1,507.86 per ounce by 0806 GMT. US gold futures were up 0.2% at $1,514.80 per ounce.
Thursday, September 26, 2019, 7:52 PM
The rupee strengthened by 16 paise to close at 70.88 against the US dollar on Thursday as investor sentiment got a lift after US President Donald Trump said a trade deal with China could happen sooner than expected. Robust buying in domestic equities, fresh foreign fund inflows and easing crude oil prices also lent support to the domestic unit, forex traders said.
Friday, September 20, 2019, 8:26 AM
The rupee dropped 10 paise to close at 71.34 against the US dollar on Thursday as heavy selling in domestic equities, unabated foreign fund outflows and rising crude oil prices kept investors edgy. Forex traders said investors also turned cautious after the US Federal Reserve dimmed hopes of further rate cuts. Gupta added that the "market was disappointed with Fed's mixed outlook".
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