Time to buy rupee assets? DSP Mutual Fund lists 5 reasons favouring Indian equities and bondsDSP Mutual Fund has urged investors to allocate towards rupee-denominated assets despite concerns over crude oil prices, currency weakness ...
Rupee hits record low of 96.18 vs USD as rising yields add to oil shockThe Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated e...
Rupee slides to record low, crosses 96 vs USD for the first timeThe Indian rupee hit a record low against the dollar on Friday, pressured by rising crude oil prices, a strong US dollar, and hawkish US po...
Rupee sinks to fresh closing low of 95.08 against USD on NDF maturities, firm crudeThe Indian rupee has reached its weakest point ever. This is due to increased demand for dollars and higher oil prices. India's central ban...
Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
USDINR volatility to impact domestic gold prices amid Trump's EU tariff shiftsGold surged nearly 5% last week as safe-haven demand rebounded amid U.S.-EU tariff tensions and global fiscal concerns. Trump’s shifting st...
USDINR: Is the India alpha improving?Beyond this, can INR now look to change its position from being a recipient of the dollar movements to becoming a standalone performer?
Super hawkish Fed may drive USDINR higher; RBI may go for 50-bps rate hikeUSDINR has crossed above 81 in the spot market, a fresh all-time high. The up move in the USDINR pair was basically a result of a couple of...
NSE to launch weekly futures on USD-INR currency pair on Oct 11All such weekly futures contracts shall expire on Friday. Eleven serial weekly futures contracts would be available for trading, excluding ...
Cross Currency | Oil prices impact USDINR movement: Myth or reality?Other than US dollars’ solidity, a surge in crude oil prices due to demand-supply disruption was also cited as an important reason for the ...
Rupee rise 6 paise to 73.52 against US dollar in early tradeFor today, brokerage Motilal Oswal Financial Services expects USDINR (Spot) to quote in the range of 73.20 and 73.80.
Rupee slips below 74 for the first time since October 2018"USDINR pair is expected to quote in the range of 73.70 and 74.40,” said Motilal Oswal.
Rupee opens 13 paise down at 71.42 against dollar"USDINR pair is expected quote in the range of 71.20 and 71.80,” said Motilal Oswal Financial Services.
Rupee opens 5 paise up at 71.23 against dollar"USDINR pair is expected to quote in the range of 71.20 and 71.80,” said Motilal Oswal Financial Services.
Rupee opens 8 paise lower at 64.63 against dollarThe rupee opened 8 paise lower at 64.63 against dollar due to buying of American currency by banks and importers.
- Immediate support for rupee is placed at 51.50: Bonanza
USDINR tested an intraday high of 52.1650. Immediate resistance is at 52.33 and immediate support is at 51.50.
- Immediate resistance for rupee is placed at 55.85: Bonanza
MCX-SX US Dollar fell to a one week low of 55.4825 against the rupee on Tuesday. USDINR ended at 55.58 around 0.3943 percent down against t...