ICICI Direct, The pound appreciated by 0.13% yesterday amid strong jobs data from the country. Jobs data showed employers hired a record number of staff in November 2021. December 15, 2021 / 09:12 AM IST MapmyIndia IPO ICICI Direct’s currency report on GBPINR The pound appreciated by 0.13% yesterday amid strong jobs data from the […]
Continue ReadingThe rupee fell 10 paise to 75.88 against the US dollar on December 14, weighed down by domestic equities and persistent foreign fund outflows. At the interbank foreign exchange market, the Indian currency opened at 75.94 against the greenback. The rupee, which slipped to the day’s low of 75.95 and a high of 75.83 against the […]
Continue ReadingAt the interbank foreign exchange market, the local currency opened at 75.94 against the greenback. PTI December 14, 2021 / 04:08 PM IST Representative image The rupee on Tuesday declined by 10 paise to 75.88 against the US dollar as muted domestic equities and persistent foreign fund outflows weighed on the local unit. At the […]
Continue ReadingAt the interbank foreign exchange, the rupee opened weak at 75.94, then slipped further to 75.95 against the US dollar in early deals, registering a decline of 17 paise from the last close. Representative image The rupee declined by 17 paise to 75.95 against the US dollar in opening trade on Tuesday, as muted domestic […]
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ICICI Direct, The US dollar declined by 0.12% on Friday amid a rise in US stocks and decline in US treasury yields. December 13, 2021 / 08:55 AM IST MapmyIndia IPO ICICI Direct’s currency report on EURINR The US dollar declined by 0.12% on Friday amid a rise in US stocks and decline in US […]
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ICICI Direct, Euro depreciated by 0.44% yesterday amid strong Dollar and risk aversion in the global markets. December 10, 2021 / 09:17 AM IST MapmyIndia IPO ICICI Direct’s currency report on EURINR Euro depreciated by 0.44% yesterday amid strong Dollar and risk aversion in the global markets. Further, euro slipped on divergence in monetary policy […]
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ICICI Direct, US dollar decline by 0.51% yesterday amid rise in US stock markets. December 09, 2021 / 08:41 AM IST MapmyIndia IPO ICICI Direct’s currency report on USDINR US dollar decline by 0.51% yesterday amid rise in US stock markets. Market sentiments improved on hopes that Omicron variant would be less harmful to economy […]
Continue ReadingHowever, a rally in the domestic equities and sliding crude prices in the international market restricted the rupee’s fall, according to forex traders. Representative image The rupee declined 5 paise to 75.49 against the US dollar in opening trade on Wednesday as persistent foreign fund outflows kept the pressure on the local unit. However, a […]
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ICICI Direct, Pound depreciated by 0.12% yesterday on strong dollar and diminishing hopes for an interest rate hike. December 08, 2021 / 08:48 AM IST ICICI Direct’s currency report on GBPINR Pound depreciated by 0.12% yesterday on strong dollar and diminishing hopes for an interest rate hike. Further, pound fell on rising concern over surge […]
Continue ReadingHowever, surging crude prices in the international market and unabated foreign capital outflows capped the rupee’s rise, traders said. Representative image The rupee appreciated 15 paise to 75.30 against the US dollar in opening trade on Tuesday, as a rally in domestic equities and weak American currency in the overseas markets boosted investor sentiments. However, […]
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ICICI Direct, The Euro appreciated by 0.33% yesterday mainly on the back of weakness in dollar and improved economic data from the Euro Area. December 07, 2021 / 08:35 AM IST ICICI Direct’s currency report on EURINR The Euro appreciated by 0.33% yesterday mainly on the back of weakness in dollar and improved economic data […]
Continue ReadingBesides, persistent foreign capital outflows and rising crude prices also weighed on investor sentiments, traders said. Representative image The rupee depreciated 10 paise to 75.22 against the US dollar in opening trade on Monday, tracking the subdued domestic equities and a firm American dollar amid growing concerns over the uncertainty triggered by the Omicron variant. […]
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ICICI Direct, US dollar decline by 0.04% on Friday amid fall in US treasury yields. Yields drop on concern that new variant may hurt economic recovery. December 06, 2021 / 08:57 AM IST ICICI Direct’s currency report on USDINR US dollar decline by 0.04% on Friday amid fall in US treasury yields. Yields drop on […]
Continue ReadingAt the interbank foreign exchange, the rupee opened at 74.98 against the dollar. It touched an early high of 74.96 and a low of 75.01 in initial deals. Representative image Indian rupee was trading in a narrow range in morning trade on Friday amid uncertainties over the global economic recovery in the wake of the […]
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ICICI Direct, Euro depreciated by 0.12% yesterday majorly on the back of strong Dollar and concern over resurgence of COVID-19 cases. December 03, 2021 / 08:26 AM IST ICICI Direct’s currency report on EURINR Euro depreciated by 0.12% yesterday majorly on the back of strong Dollar and concern over resurgence of COVID-19 cases. However, sharp […]
Continue ReadingAt the interbank foreign exchange market, the local currency opened at 75.06 and witnessed an intra-day high of 74.90 and a low of 75.07 against the US dollar. PTI December 02, 2021 / 04:39 PM IST Representative image The rupee on Thursday slipped 8 paise to close at 74.99 (provisional) against the US dollar as […]
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ICICI Direct, US dollar increase by 0.15% yesterday amid decline in US stock markets and better than expected economic data from US. ISM Manufacturing PMI data showed activity in sector picked up, and US private payrolls suggested solid job growth. December 02, 2021 / 09:01 AM IST ICICI Direct’s currency report on USDINR US dollar […]
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ICICI Direct, The US dollar increased 0.12% yesterday amid a rise in US treasury yield and robust economic data. December 01, 2021 / 08:28 AM IST ICICI Direct’s currency report on USDINR The US dollar increased 0.12% yesterday amid a rise in US treasury yield and robust economic data. Yields rose as worries over a […]
Continue ReadingRepresentative image The rupee recovered 29 paise to 74.84 against the US dollar in opening trade on Wednesday, as positive domestic equities and a weak American currency in the overseas markets boosted investor sentiments. At the interbank foreign exchange, the rupee opened at 74.96, and surged higher to 74.84 against the American dollar, registering a […]
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