|Day's range||71.079 - 71.079|
|52-week range||68.2023 - 74.2500|
The currency opened marginally lower at 71.19 versus the previous session close of 71.16. Further, rupee has been supported after gains in equities came in due to the Brexit deal. Also, the currency has capped its losses as the FII have
Rupee opened lower at 71.59 versus the previous day's close of 71.54 per US dollar. The rupee has been influenced by low exports which came in at a 7-month low as well as global factors that still are shaky in respect
Rupee resumed session on a weaker note, with marginal loss of 2 paise at 71.24 in comparison to its previous close of 71.22 per US dollar. Oil has declined in price following weak China data that has again dampened
Amid optimism around US-China trade war progress and tracking gains in the Asian peers, Indian rupee resumed trade on Monday on a positive note. The rupee was seen trading at 71.02 versus the previous close of 71.02 per US dollar. Crude
Mumbai, Oct 11 (PTI) The rupee appreciated by 27 paise to 70.80 against the US dollar in early trade on Friday as optimism about US-China trade talks and gains in domestic equity market enthused investors. At the interbank foreign exchange the rupee opened at 70.82, then gained further ground and touched a high of 70.80, registering a rise of 27 paise over its previous close. Rupee had settled at 71.07 against the US dollar on Thursday.
Rupee in Thursday's session is seen trading higher at 70.9 versus the previous session's close of 71.07. The drop in the currency is expected to continue to remain for some time more as global headwinds put a pressure. Further, as
Mumbai: The Indian rupee opened on a cautious note and fell 20 paise to 71.22 against the US dollar in early trade on Wednesday tracking subdued opening in domestic equities and foreign fund outflows. At the interbank foreign exchange, the rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar, showing a decline of 20 paise over its previous closing.
Equity benchmark BSE Sensex dropped over 200 points in afternoon session on Friday, after the RBI sharply cut the country's economic growth projection for this fiscal to 6.1 percent from 6.9 percent
Rupee resumed trading on a firm note and was last quoting at 70.82 per US dollar against its previous session's close of 70.90. In the bond market, as expectations of rate cut in Friday's MPC get more pronounced, there has
Rupee in Thursday's trade resumed at a weak note, dropping 14 paise against previous session's close of 71.08 per US dollar. In the previous session, just before the trading holiday on October 2, rupee fell on account of heavy selling
Rupee in Monday's trade is trading higher by 9 paise as against previous session's close of 70.86 per US dollar. In the previous session, rupee retreated lower because of selling seen in the equities as also there was gains in
Indian rupee in Monday's trade opened higher at 70.37, up 19 paise after closing at 70.56 in the previous session. In the previous session, rupee hit a 2-month high as crude oil prices dropped after Saudi Arabia has agreed on
The yellow metal has lost remarkably from its record gains of over Rs. 40,000 per 10 gm reached late in August. In the international market, gold's appeal is losing some lustre as there were calls made by the US that the
Rupee resumed trade on Friday on a weaker note, opening with a loss of 4 paise. In the previous session, rupee closed at 70.88 per US dollar. On Thursday, rupee closed higher as equities made gains. Also, sentiment got a
MUMBAI: Rashtriya Chemicals & Fertilizers Ltd may raise up to 3 bln rupees through non-convertible debentures in about three months, said Umesh Dongre, the director of finance at the company. The company will raise these funds for meeting its capital expenditure requirements of about 9 bln rupees in the current financial year, of which about 5 bln rupees will be used for improving efficiencies. The government-owned company currently has the approval to raise up to 10 bln rupees, Dongre said at a press conference after the company's annual general meeting in the city.
In Wednesday's trade, the domestic currency opened lower at 71.07 per US dollar after closing at 71.02 in yesterday's trade. On Tuesday, the rupee dropped as market sentiment weakened due to FII outflows as well as choppy trade in the
The domestic currency resumed trade on Monday on a weaker note by a small margin. It opened at 70.96 against its previous close of 70.95 against the greenback. Rupee in Friday's session after a huge booster of corporate tax rate
The Indian rupee rose as much as 0.9% to its strongest since Aug. 9, while stocks in the country looked set for their best day in more than a decade, after Nirmala Sitharaman lowered the effective corporate tax rate and scrapped the minimum alternative tax for domestic companies. While markets "have reacted positively to FM's announcement, there are concerns over deteriorating fiscal situation", cautioned Rushabh Maru, currency and commodity analyst with Anand Rathi Shares and Stock Brokers.
In a major relief to foreign portfolio investors, FM Nirmala Sitharaman said Super-rich tax will not apply on capital gains arising from sale of any security including derivatives in hands of FPIs.
Top gainers in the Sensex pack in early trade included Yes Bank, HDFC Bank, Maruti, Hero MotoCorp, Kotak Bank, HUL, M&M;, Bajaj Auto and IndusInd Bank, rising up to 2.22%.
Indian rice export prices rose this week on a resurgent rupee, while sluggish demand kept Vietnamese rates near a 12-year low even as the country looks to encourage private investment to make its rice more competitive. Top exporter India's 5% broken parboiled variety rose to around $373-$379 per tonne from $370-$376 a week ago, despite faltering demand from African countries. Buying from west African countries, especially from key buyer Benin, has been faltering, said Nitin Gupta, vice president for Olam India's rice business.
London has overtaken Mumbai, India's financial capital, to become the top trading centre for the domestic currency. The latest triennial survey of currency markets by the Bank for International Settlements showed that while India handles $35 billion in rupee trades each
The Indian rupee on Wednesday opened higher by 28 paise at 71.50 per dollar against previous close 71.78. The gains in the currency have come in as oil fears receded. Oil prices eased today after Saudi Arabia affirmed that the