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".
Monday, September 2, 2019, 11:46 AM
Revenue Secretary Ajay Bhushan Pandey said that the government was looking at how to standardise gold-prices, something which needs to be addressed. Pandey was responding to a query on the increase in gold-prices and whether it was a cause of concern and if the government planned to introduce a gold monetisation scheme. He said Rupee depreciation against the U.S. Dollar was also another factor.
Wednesday, August 14, 2019, 9:18 PM
Rebounding from six-month lows, the rupee advanced 13 paise to close at 71.27 against the US dollar on August 14 amid easing oil prices and gains in the domestic equity market. Forex traders said the US delaying new tariffs on Chinese electronics goods as well as encouraging macroeconomic data also boosted investor sentiment. Positive macroeconomic data also supported the domestic unit.
Tuesday, August 13, 2019, 7:46 AM
The yen rose to its highest level in more than 1-1/2 years versus the dollar on August 12 as investors ramped up bets that the Japanese currency could gain more in the case of a prolonged China-US trade conflict. The yen also registered similar gains against the euro, rising by more than half a percentage point to its highest level in April 2017.
Thursday, July 25, 2019, 8:14 PM
The rupee depreciated by 6-paise to close at 69.04 against the US-dollar amid sustained foreign fund outflows and firm crude-oil-prices. Prolonged weakness in the domestic equity markets and a strengthening greenback further weighed on the local-unit, forex traders said. At the interbank foreign exchange market, the rupee opened at 68.99 and went on to touch the day's high of 68.92 against the US dollar.
Wednesday, June 19, 2019, 8:08 AM
The rupee June 18 appreciated by 21 paise to close at 69.70 against the US dollar as easing crude prices and a weak dollar ahead of the US central bank's meeting helped the currency snap its three-day losing streak. Forex dealers said the selling of the American currency by exporters and gain in other Asian currencies also supported the rupee.
Tuesday, March 5, 2019, 1:15 PM
Gold prices were steady on Tuesday, trading near five-week lows touched in the previous session, as a firmer dollar and optimism over a likely U.S.-China trade deal dented safe-haven appeal of the precious metal. Spot gold was up 0.2 percent to $1,288.46 per ounce as of 0552 GMT, after slipping to $1,282.50 in the previous session, its lowest since Jan. 25.
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