Rupee extends gain; opens higher at 69.80/$

The dollar traded narrowly against its peers as risk sentiment remained fragile over heightened concerns of slowing global growth and a partial US government shutdown, as per media reports. The Indian rupee extended gains for the second day and appreciated in the...

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Rupee appreciates 30 paise; trades at 70.09/$

On Thursday, the rupee depreciated 29 paise at 70.35/$. The Indian rupee appreciated 30 paise against the dollar to open at 70.05 on Friday compared to its previous close of 70.35/$.The gain is on the back of a sharp fall in the American greenback due to a government shutdown...

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Interest rate cycle turns upward, but transparent loan pricing soon

At the start of 2018, banks started increasing deposit rates and then moved on to gradually raising lending rates as well, even before the Reserve Bank of India (RBI) raised its benchmark repo rate. This is the rate at which banks borrow short-term funds from RBI. But just...

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Rupee gains 22 paise against US Dollar as crude oil sinks

The local unit opened higher on Wednesday amid weak crude oil prices and the dollar’s losses in global markets due to political uncertainty in the US. The Indian rupee opened higher on Wednesday amid weak crude oil prices and the dollar’s losses in global markets...

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Rupee Edges Higher Against Dollar

On Friday, the rupee snapped its four-day rising streak by falling 48 paise to close at 70.18 against the US currency. The rupee gained by 8 paise against the dollar on Monday. The rupee advanced to touch 70.10 against the greenback in on selling of the US currency...

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US dollar falls as concerns over further slowdown build up

The US dollar fell as Federal Reserve's interest rates hike and slower path of monetary tightening in 2019 added weakness to the greenback amid fears of an economic slowdown across the board. In late New York trading on Thursday, the euro increased to $1.1469 from $1.1371...

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Rupee depreciates 24 paise against US dollar

The rupee opened lower amid a strengthening dollar and weak opening in domestic markets. The Indian rupee snapped its three day rally on Thursday and opened lower by 24 paise at 70.63/$ amid the strengthening American currency and a weak opening in domestic markets....

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Rupee on the roll: Breaches 70/$-mark; appreciates 58 paise

On Tuesday, the domestic currency appreciated 112 paise to settle at 70.44/$, recording its best single-day gain in over five years. capitalstars The Indian rupee appreciated 58 paise to trade at 69.86/$ in the early morning session on Wednesday. The currency opened 39 paise...

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