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KN DEY
Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...- One-year forward rupee rate breaches 100 per US dollar markThe Indian rupee has crossed the Rs 100 per US dollar mark in its one-year forward rate. This comes as the spot market saw the rupee hit an...
- Rupee sinks to fresh record low amid dollar outflows and crude surgeThe rupee fell to a new closing low of 96.83 against the dollar as persistent foreign institutional investor outflows, rising crude oil pri...
- Rupee falls for a 3rd day, loses 30 paise to 93.79/$The Indian rupee experienced its third consecutive daily decline, closing at 93.79/80 against the dollar. This depreciation was fueled by e...
- Rupee touches a record low as West Asia crisis raises oil riskIn a troubling development, the Indian Rupee has plummeted to a record low against the US Dollar. The spike in crude oil prices, coupled wi...
- Rupee closes at new low at 92.46 against the US dollar, down 0.7% this weekThe rupee hit a fresh closing low of 92.46 against the dollar on Friday, driven by concerns over rising crude oil prices and geopolitical w...
- Rupee ends stronger for third day in a row, closes at 86.80 vs US dollarThe rupee strengthened by 20 paise against the dollar, closing at 86.80, driven by inflows. However, experts warn that sustained inflows ar...
- Rupee’s initial spark fizzles out against dollar as sell-offs weighThe rupee closed slightly weaker at 86.8775 against the dollar, despite opening stronger. FIIs continue selling, with over $11 billion outf...
- Rupee hits one-month high on strong inflows from FIIsThe rupee closed the day at 81.96, up 63 paise from Thursday's closing level, after testing the day high at 81.9050. It opened the day 35 p...
- Rupee breaches 69 a dollar mark on NDF play, say dealersThe rupee mirrored the NDF market trend where the local currency was traded at 69.20 last night.
- Rupee bounces back to 64.73 on strong fundamentalsThe Indian currency was short of touching the psychological 65 mark on Wednesday.
- Rupee slide opens up arbitrage window for speculatorsRupee lost about half-a-percent against the dollar as extended dip in global crude oil prices raised concerns about the growth in the globa...
- Stocks, bonds take sheen out of NRI scheme as deposit inflows decline 53.3%NRE deposits have dipped 46% from $9.4 billion to $ 5.1billion even as returns are on par with local deposits and tax free.
- Rupee should return to 56.20-56.30 levels by second half of June: KN Dey, Basics ForexWe may see the rupee returning back towards 56.20-56.30 levels by the second half of June.
- Forex reserves marginally up at $29.29 billion on October 26Foreign exchange reserves rose by a mere $55.6 mn to $296.291 bn in the week ended Oct 26, as overseas investors withdrew more money from t...
- Rupee seen in 49.20-50.25 band: KN Dey, Basix ForexThe Dec IIP numbers, its lowest since mid-2009, were also disappointing. This week, the rupee is likely to trade between 49.20 and 50.25.
- Rupee to trade in 52.50-53.25 range: KN Dey, Director, Basix Forex AdvisoriesWith major global financial centres on holidays during this week, the domestic forex markets are likely to be driven by commercial demand a...
- Currency market: Diesel, LPG price hike may dent sentimentIn the domestic markets, the recent hike in diesel prices, kerosene prices and cooking gas is likely to dent the sentiment.
- Analysis: 'Expecting the rupee to weaken steadily'K.N Dey, Director, Basix Forex & Financial Solns Pvt Ltd assesses the mood of the forex markets on ET Now.
- Rupee snaps two-day fallSnapping a two-day fall the rupee strengthened on Wednesday, on upswing in Asian stocks. This is despite other major currencies marginally ...
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