INTERBANK MARKET
Rupee turns flat at 84.07 against US dollar in early trade The rupee traded near its all-time low of 84.07 against the US dollar, due to firm American currency and significant foreign fund outflow. Forex traders cited a slight recovery in domestic equity markets, but investor shifts towards the Chinese mark...
25 Oct, 2024, 10.04 AM ISTRupee ends a tad stronger, aided by broad based interbank dollar sales Dollar demand from foreign banks, likely on behalf of custodial clients, blunted the positive effects of lower oil prices and gain in most of the rupee's Asian peers, traders said.
16 Oct, 2024, 04.13 PM ISTRBI: Looking through the liquidity management tea leaves The RBI's October policy shift to a neutral stance was reflected in its liquidity management since July 2024, with interbank liquidity surplus averaging INR1.2tn. RBI refrained from strong liquidity absorption, signaling comfort with current conditi...
15 Oct, 2024, 12.29 PM IST
Rupee sees range-bound trade in morning session The Indian rupee traded within a narrow range on Tuesday, depreciating by 3 paise to 83.57 against the US dollar amid muted domestic equities and rising crude oil prices. Forex traders noted the Reserve Bank of India's active intervention. The dolla...
24 Sep, 2024, 10.25 AM ISTRupee falls 2 paise to 83.95 against US dollar in early trade The rupee has depreciated by 2 paise to 83.95 against the US dollar, influenced by a muted trend in domestic equities. Forex experts note that the rupee's downside appears capped, possibly due to Reserve Bank of India's intervention. The dollar inde...
28 Aug, 2024, 10.15 AM ISTRupee falls 8 paise to 83.95 against US dollar in early trade The rupee fell by 8 paise to 83.95 against the US dollar due to elevated crude oil prices and a weak domestic equity market. Brent Crude remained above USD 80 per barrel amid geopolitical tensions. The Reserve Bank's active market interventions have...
27 Aug, 2024, 10.09 AM ISTRupee falls 7 paise to 83.84 against US dollar in early trade The Indian rupee fell by 7 paise to 83.84 against the US dollar driven by weak equity markets and foreign capital outflows. Factors like a weaker dollar and lower crude prices offered some relief. The rupee had previously closed at 83.77, gaining 10...
21 Aug, 2024, 09.58 AM ISTRupee slips to all-time low of 83.72 against US dollar in early trade The rupee hit an all-time low of 83.72 against the US dollar due to a strong American currency and foreign fund outflows. The decline followed a tax hike on capital gains, causing a dip in Indian equity markets. Persisting dollar demand for defence ...
25 Jul, 2024, 12.32 PM ISTRupee falls 4 paise to 83.55 against US dollar in early trade Rupee fell 4 paise to 83.55 against the US dollar due to strong American currency and high crude prices. Forex traders and RBI measures, including foreign fund inflows and high FX reserves, partially restrained the fall. Brent crude at $85.14, dolla...
15 Jul, 2024, 10.35 AM ISTRupee falls 5 paise to 83.54 against US dollar in early trade The rupee depreciated 5 paise to 83.54 against the dollar due to high crude prices, starting at 83.52. Positive equities, foreign fund inflows supported. Amit Pabari noted pressures like crude at USD 87. S&P's YeeFarn Phua mentioned fiscal deficit r...
04 Jul, 2024, 10.09 AM ISTRupee trades in narrow range against US dollar in early trade The rupee traded against the US dollar, influenced by positive domestic equities and the strength of the American currency. Forex traders noted the impact of the strong US dollar and elevated crude oil prices on the local unit.
25 Jun, 2024, 10.13 AM ISTRupee recovers 3 paise to 83.58 against US dollar in early trade Rupee trades 3 paise higher at 83.58 against the US dollar, supported by foreign capital and strong equity market sentiment.
21 Jun, 2024, 10.40 AM ISTRouble drops to 3-week low on low liquid interbank market after MOEX sanctions Amidst new U.S. sanctions on Russia, the rouble plummeted to a three-week low against the dollar on the interbank market, triggering speculative positions by some banks before the official bidding commenced, with the dollar reaching a low of 91.4955.
13 Jun, 2024, 12.36 PM ISTRupee falls 6 paise to 83.54 against US dollar in early trade Rupee depreciated 6 paise to 83.54 against the US dollar on Thursday, influenced by the strength of the American currency and elevated crude oil prices.
13 Jun, 2024, 10.17 AM ISTRupee gains 7 paise to 83.44 against US dollar in early trade Rupee appreciated 7 paise to 83.44 against the US dollar, influenced by domestic equity markets and lower crude oil prices. The currency rebounded from a decline post-election results showing less-than-expected majority for the BJP-led NDA.
05 Jun, 2024, 10.04 AM ISTRupee rises 5 paise to 83.24 against US dollar in early trade Rupee appreciated 5 paise to 83.24 against US dollar in early trade on Friday due to robust sentiment in domestic equity markets and downward trend in crude oil prices overseas.
31 May, 2024, 09.45 AM ISTRupee falls 9 paise to 83.27 against US dollar in early trade Rupee depreciates 9 paise to 83.27 against USD on negative equities and high oil prices, influenced by domestic market sentiment and USD strength. Rupee opened at 83.22, traded at 83.27. Dollar index at 104.72, Brent crude at USD 84.40. Sensex down ...
30 May, 2024, 10.53 AM ISTRupee falls 9 paise to 83.27 against US dollar in early trade The rupee declined to 83.27 against the US dollar on Wednesday, driven by negative equities trend and elevated crude oil prices, with interventions from RBI and anticipation of Lok Sabha election results.
29 May, 2024, 10.08 AM ISTRupee rises 3 paise to 83.10 against US dollar in early trade The rupee gained 3 paise against the US dollar, reaching 83.10, driven by positive domestic equities and USD weakness in global markets.
28 May, 2024, 09.52 AM ISTRupee rises 7 paise to 83.24 against US dollar in early trade The rupee rose by 7 paise to 83.24 against the US dollar, aligning with its fundamentals. Medium-term target projected to range between 82.80 to 82.50 levels. Dollar index was trading lower at 104.63.
22 May, 2024, 10.27 AM IST