Rupee opens 22 paise down at 73.90 against dollar.

 The rupee on Wednesday opened 22 paise down at 73.90 against the US dollar amid steady capital outflows and 
strengthening dollar against major rivals overseas. 

The local curreny depreciated 23 paise to close at 73.68 against the US dollar on Tuesday. Rupee came under pressure after consolidating in a narrow range for the whole of October and closed at the lowest level in two weeks. 

Market participants will be looking for
cues from the governor and what he 
thinks could be the impact of Brexit on 
the economy going forward.  

                                                           “The currency was weighed down primarily on back of strength in the dollar following the better-than-expected economic number. In today’s Asian session rupee has given up all of its gains after rumors doing round that the RBI governor is looking to step down following an expected rift between the government and the RBI. On the domestic front, FIIs fund outflows is keeping gains capped for the currency. Today, USDINR pair is expected to quote in the range of 73.70 and 74.50,” Motilal Oswal Financ .. 

Dollar rebounded against its major crosses after consumer confidence number showed the index rose to 137.9 in October compared to 135.3 in the previous month. From the US, non-farm payrolls number will be important to watch and the better-than-expected number could extend gains for the greenback. On the other hand, pound was weighed down following broad strength in the dollar and tomorrow’s Bank of England will be an important trigger specifically for the currency. 

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Rupee gains 12 paise against US dollar

Besides, the greenback’s weakness against a few currencies overseas and easing crude prices gave some support to the local unit.

The Indian rupee opened higher at 73.30 against the US dollar on Monday amid fresh dollar selling by exporters and a firm domestic equity market. Currently, the local currency is trading higher by 12 paise at 73.36 against the American greenback.

Besides, the dollar’s weakness against a few currencies overseas and easing crude prices gave some support to the local unit.

On Friday, the Indian currency had depreciated by 20 paise to close at 73.47 against the US dollar. This was due to a strengthening greenback and sustained foreign capital outflows.

Meanwhile, India’s foreign exchange reserves dropped $942mn to $393.523bn in the week to October 19, as per the Reserve Bank of India (RBI) data.

The RBI reference rate for the dollar stood at Rs73.37, while for the euro it was at Rs83.40. The RBI’s reference rate for the yen stood at Rs65.41; while the reference rate for the British pound sterling was at Rs94.05.

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Rupee trades at 73.44 against US dollar

The rupee opened lower against the US Dollar on Friday tracking weakness in global equity markets.

The Indian rupee opened lower against the US Dollar on Friday tracking weakness in global equity markets. The 10-year gilt yield stood at 7.853% from its previous close of 7.872%.

Gold prices were trading steady in the morning session as a rally set by geopolitical tensions was offset by a recovery in US equities. Further, a mixed set of economic data from the US also kept bullion prices steady.

Crude oil prices were trading in the red on Friday with US West Texas Intermediate crude futures and Brent crude futures trading 1%, 0.6% down, respectively. This is due to oversupply in the global market.

On Thursday, the local currency depreciated by 11 paise to close at 73.27/$ due to steady capital outflows and a sharp decline in domestic equities amid intensifying geopolitical tensions.

The Reserve Bank of India’s (RBI) reference rate for the dollar stood at Rs73.27, while for the Euro, it was at Rs83.64. The RBI’s reference rate for the Yen stood at Rs65.33; the reference rate for Great Britain Pound (GBP) was Rs94.61.

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Rupee trades lower against US Dollar

The rupee opened lower by 19 paise to 73.35 against the dollar on increased demand for the US currency from importers. Further, a lower opening of the domestic equity markets weighed on the local unit.

The Indian rupee on Thursday weakened against the US Dollar amid unabated foreign fund outflows.

The rupee opened lower by 19 paise to 73.35 against the US dollar on increased demand for the US currency from importers and a lower opening of domestic equity market.

Gold prices were hovering near three-month highs on Thursday as the rout in the global equity market prompted investors' demand for safe haven assets.

On Wednesday, the rupee strengthened 41 paise to close at a higher than three-week high of 73.16 against the US currency.

The Reserve Bank of India’s (RBI) reference rate for the dollar stood at Rs73.26, while for the Euro, it was at Rs83.99. The RBI’s reference rate for the Yen stood at Rs65.13; the reference rate for Great Britain Pound (GBP) was Rs95.05.

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Rupee gains 40 paise against US Dollar

The rupee opened higher at 73.17 a dollar, up 40 paise. The 10-year bond yields were down 4bps at 7.85%

The Indian rupee opened higher on Wednesday amid decline in crude oil prices in the international markets and increased dollar selling by banks and exporters.

The rupee opened higher at 73.17 a dollar, up 40 paise. The 10-year bond yields were down 4bps at 7.85%.

On the global front, oil prices extended their decline from the previous day as crude slumped as much as 5% after Saudi Arabia said it would make up for supply disruptions from US sanctions on Iran’s petroleum exports from next month.

On Tuesday, the local currency ended flat at 73.57 against the US currency.

The Reserve Bank of India’s (RBI) reference rate for the dollar stood at Rs73.78, while for the Euro, it was at Rs84.47. The RBI’s reference rate for the Yen stood at Rs65.62; the reference rate for Great Britain Pound (GBP) was Rs95.55.

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Rupee opens lower at 73.70 against the US Dollar

The rupee opened lower by 14 paise at 73.70 per dollar against previous close 73.56.

The Indian Rupee on Tuesday opened lower against US Dollar tracking losses in its local equity and Asian currencies market. It opened lower by 14 paise at 73.70 per dollar against previous close 73.56.

The dollar gained against its major peers, reining as the preferred safe haven currency as uncertainty over Brexit negotiations and Italy's free spending budget spooked investors away from the euro and sterling.

On Monday’s trade, the rupee ended lower by 24 paise against US Dollar. The rupee came under pressure on sell off in domestic equities and on the back of rising crude oil prices.

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रुपया 5 पैसे मजबूत होकर 73.41/$ पर खुला

मंगलवार को डॉलर के मुकाबले रुपया 37 पैसे बढ़कर 73.46 के स्तर पर बंद हुआ था।

Forex Market: बुधवार को भी रुपए की शुरुआत मजबूती के साथ हुई। डॉलर के मुकाबले रुपया 5 पैसे की बढ़त के साथ 73.41 के स्तर पर खुला। वहीं मंगलवार को डॉलर के मुकाबले रुपया 37 पैसे बढ़कर 73.46 के स्तर पर बंद हुआ था। हालांकि रुपए की शुरुआत सपाट हुई थी। डॉलर के मुकाबले रुपया 2 पैसे की बढ़त के साथ 73.81 के स्तर पर खुला था। उसके बाद यह 12 पैसे कमजोर होकर 73.95 के भाव पर आ गया। हालांकि बाद में इसमें मजबूती दर्ज की गई और यह 73.46 पर बंद हुआ। वहीं, रुपए में सोमवार को भारी गिरावट देखने को मिली थी और डॉलर के मुकाबले रुपया 27 पैसे टूट कर 73.83 के स्तर पर बंद हुआ था।

रुपए में मजबूती की वजह

रुपए में मजबूती की वजह क्रूड ऑयल की कीमतों में आई कमी रही। इसके अलावा फॉरेन फंड इनफ्लो और अन्य करेंसी में आई गिरावट भी जिम्मेदार रही।

इस साल करीब 16 फीसदी टूटा रुपया

इस साल रुपए में करीब 16 फीसदी तक कमजोरी आई है। क्रूड की कीमतें बढ़ने, ट्रेड वार, कैड बढ़ने की आशंका, डॉलर में मजबूती, घरेलू स्तर पर निर्यात घटने और राजनीतिक अस्थिरता जैसे फैक्टर्स की वजह से रुपए पर लगातार दबाव बना हुआ है

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Rupee opens at 2-week high, trades at 73.43/$

The Indian currency has been on the uptrend ever since data showed that India’s trade deficit for September narrowed to $13.98bn compared with $17.39bn in the previous month.

Rupee opened marginally higher by 5 paise and was trading at 73.43 against the dollar. During yesterday’s close, the rupee was trading at 73.48.

The Indian currency has been on the uptrend ever since data showed that India’s trade deficit for September narrowed to $13.98bn compared to $17.39bn in the previous month. Further, India’s imports also rose 10.45% and exports declined 2.15%. These figures are surprising as the country’s import bill has been rising amid worries that US sanctions against Iran would be active from next month affecting substantial volume of crude oil from the world markets.

Moreover, the dollar’s weakness and rising foreign fund inflows are said to have supported the rupee. So far this year, the rupee has declined 13%.

As per market expectations, the rupee will continue to demonstrate marginal appreciation in the coming few sessions.

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Rupee opens higher, trades at 73.87/$

Currently, the home currency is trading at 73.87 against the American currency.

Indian rupee opened a little higher on Tuesday at 73.79 against the dollar. This is probably due to some weakness in the dollar against its major peers, which prompted domestic exporters’ buying interest for Indian rupee.

In the yesterday’s trading session, rupee ended at 73.83 against the dollar vs. its previous close of 74.01. This was mainly because of trade deficit, which dipped to a five-month low of $13.98bn despite rising crude oil prices inflating the import bill of the country. The narrowed trade deficit comes as a relief for the government, which is grappling with a dual crisis of a weak rupee and high crude oil prices.

Meanwhile, India's exports in the month of September declined to $27.95bn against $28.56bn yoy, while imports grew to $41.9bn against $37.9bn yoy.

Currently, the home currency is trading at 73.87 against the American currency. It has touched a high of 73.92 and a low of 73.78 against the dollar in the morning session.

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रुपए में गिरावट बढ़ी, 40 पैसे कमजोर होकर 73.93/डॉलर हुआ भाव

रुपया 40 पैसे तक गिरकर 73.97 प्रति डॉलर पर आ गया।

 रिटेल महंगाई बढ़ने और औद्योगिक उत्पादन के गिरकर तीन महीने के निचले स्तर पर आ जाने के साथ ही क्रूड ऑयल के दाम बढ़ने से सोमवार को फॉरेक्स मार्केट में रुपए पर दबाव बढ़ गया। रुपया 40 पैसे तक गिरकर 73.97 प्रति डॉलर पर आ गया। सोमवार के पहले रुपये में लगातार 3 दिनों तक रिकवरी दिखी थी। इससे पहले डॉलर के मुकाबले रुपया 24 पैसे की गिरावट के साथ 73.80 के स्तर पर हुई। 

रुपए में लौटी मजबूती

शुक्रवार को डॉलर के मुकाबले रुपए में जोरदार मजबूती लौटती दिखी। डॉलर के मुकाबले रुपया 56 पैसे की बढ़त के साथ 73.56 के स्तर पर बंद हुआ। रुपए की शुरुआत भी बड़ी बढ़त के साथ हुई थी। रुपया 29 पैसे मजबूत होकर 73.83 के स्तर पर खुला था। शुक्रवार को ग्लोबल लेवल क्रूड ऑयल की कीमतों में नरमी के बाद रुपया को सपोर्ट मिला था।

रुपए की ट्रेडिंग रेंज

केडिया कमोडिटी के डायरेक्टर अजय केडिया के अनुसार, डॉलर के मुकाबले रुपया आज 73.37 से 74.28 की रेंज में ट्रेड कर सकता है।

इस साल करीब 16 फीसदी टूटा रुपया

इस साल रुपए में करीब 16 फीसदी तक कमजोरी आई है। क्रूड की कीमतें बढ़ने, ट्रेड वार, कैड बढ़ने की आशंका, डॉलर में मजबूती, घरेलू स्तर पर निर्यात घटने और राजनीतिक अस्थिरता जैसे फैक्टर्स की वजह से रुपए पर लगातार दबाव बना हुआ है।

 75 डॉलर का स्तर छू सकता है रुपया

एंजेल ब्रोकिंग के डिप्टी वाइस प्रेसिडेंट, रिसर्च (कमोडिटी एंड करंसी) अनुज गुप्ता का कहना है कि क्रूड की कीमतों में बढ़ोतरी से डॉलर कमजोर हुआ है। इंटरनेशनल मार्केट में क्रूड की कीमतें लगातार ऊंची बनी हुई हैं। जिससे आने वाले दिनों में डॉलर के मुकाबले रुपए 75 डॉलर का स्तर छू सकता है।

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Rupee extends gains; opens at 73.80 against US dollar

Besides dollar-selling by exporters and banks, the greenback's weakness against some currencies overseas, helped the recovery in the domestic currency.

The Indian rupee strengthened for the third consecutive session and opened higher on account of some selling of the American currency by banks and exporters. The rupee gained by 45 paise at 73.80/$.

Besides dollar-selling by exporters and banks, the greenback's weakness against some currencies overseas, helped the recovery in the domestic currency.

On the economy front, the government will release Consumer Price Index-based (CPI) inflation and Index of Industrial Production (IIP) data today.

On the international front, Brent crude fell 3% to trade at $80.37 a barrel in the global market.

The local currency ended higher by 9 paise at 74.13 per dollar on Thursday’s session.

The Reserve Bank of India’s (RBI) reference rate for the dollar stood at Rs74.38, while for the Euro it was Rs85.90. The RBI’s reference rate for the Yen stood at Rs66.29; reference rate for the Great Britain Pound (GBP) stood at Rs98.29.

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