Rupee hits record low; on watch for possible RBI interventionThe rupee dropped to a record low in early trade tracking gains in the US dollar slightly better-than-expected US jobs data.
Rupee to remain under pressure in near-term: ExpertsAfter crossing the 57 mark against the US dollar last week, the domestic currency is likely to remain under pressure in the near-term
Rupee unlikely to depreciate further this week: ExpertsAfter touching an 11-month low of 56.50 per dollar, rupee is unlikely to weaken further and may trade in 56-level this week, experts said.
Rupee likely to hover around at current level of 54.30 in near termPolitical uncertainty after the DMK pull out and the talks of the Third Front revival by SP would weigh on the currency in the near future.
Rupee may trade in 52.25-52.80 range this weekAfter touching a five-month high on Friday, rupee is likely to trade in a range of 52.25-52.80 this week as foreign fund inflows are likely...
- Current account deficit moderates to 3.9% of GDP in first quarter of 2012-13
Moderation in imports pulled down India's current account deficit (CAD) to 3.9 per cent of the GDP in first quarter of 2012-13.
Rupee rise likely to continue on reform hopes, capital inflowsExperts feel that rupee will be in the range of 53-54 this week with a possibility of breaching 53 level on the back of rising foreign capi...
Rupee likely to trade in 55-56 range per dollar in coming weekEurozone crisis has badly hit global financial system. This, in turn, has resulted in sharp depreciation in currencies of EMs due to growin...
- Roller-coaster ride for rupee; RBI steps a damp squib
The mood improved after Moody's today retained country's credit rating outlook at "stable". The rupee even touched a high of 56.38, up 77 p...
- Rupee likely to slip further, may touch 58 this week: Experts
The already battered Re is likely to see more hammering this week and may touch the 58 level to a dollar, after hitting historic lows on Fr...
More woes for economy as rupee plunges to record low of 55 against dollarErosion in rupee value has meant increasing cost of imports, including crude oil. But for correction in crude prices, the situation would h...
- Rupee closes at all-time low of 55.04 against dollar
Forex dealers said though rupee plunged to record low levels for the third day in a row, RBI was conspicuous by its absence in the forex ma...
- CRR cut to enable bullish equity, rupee market
The RBI monetary policy meeting on March 15 and the Union Budget the next day will be factors the market will keenly watch.
- Pennywise:Rupee support seen at 51.25, upper cap at 52.73: Hemal Doshi, Chief Currency Strategist, Geojit Comtrade
Prices are moving in the 51.75-52.73 range, after making a new high of 52.73. Short-term averages are above long-term averages.
- Expert's take: Rupee-dollar pair to test 45.30-45.50 levels
The rupee-dollar pair is moving in a consolidation range of 44-46 levels for the past eight months. The short- term trend is up.
- Rally may see accelerated move to test 46.10 levels in the short term
Post the rally seen in November 2010 from 44.20 to 46.11 levels, we have entered into a sideways consolidation where we have been trading i...