ICICI Direct, The US dollar increased 0.12% yesterday amid a rise in US treasury yield and robust economic data. Yields rose as worries over a new variant faded, diminishing flight to safety bid. November 30, 2021 / 09:02 AM IST ICICI Direct’s currency report on USDINR The US dollar increased 0.12% yesterday amid a rise […]
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Continue ReadingAt the interbank foreign exchange, the rupee opened on a strong note at 74.91, then surged higher to 74.86 against the American dollar, registering a rise of 21 paise in the early deals. Representative image The rupee recovered 21 paise to 74.86 against the US dollar in opening trade on Tuesday, as positive domestic equities […]
Continue ReadingAt the interbank foreign exchange market, the local currency opened at 74.84 and witnessed an intra-day high of 74.82 and a low of 75.16 against the US dollar in a highly volatile trading session. PTI November 29, 2021 / 04:59 PM IST Representative image The rupee on Monday plunged by 23 paise to close at […]
Continue ReadingAt the interbank foreign exchange, the rupee opened higher by 5 paise at 74.84 against the greenback and later touched a high of 74.82. Representative image The rupee started on a choppy note on Monday as investors turned cautious tracking heavy selling in domestic equities and worries over a new variant of COVID-19. At the […]
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ICICI Direct, UThe US dollar declined by 0.74% on Friday amid a decline in US treasury yields. November 29, 2021 / 09:27 AM IST ICICI Direct’s currency report on USDINR The US dollar declined by 0.74% on Friday amid a decline in US treasury yields. Yields fell as investors sought safe haven assets on worries […]
Continue ReadingShares and currencies in Asia’s emerging markets fell sharply as investors fled riskier assets after the detection of the significant new mutation, which in-turn strengthened safe-haven assets like the dollar. Reuters November 26, 2021 / 01:25 PM IST Representative image The Indian rupee dropped to its lowest level in three weeks and bond yields fell […]
Continue ReadingRepresentative image The rupee on November 26 plunged by 37 paise against the US dollar as investors turned cautious in view of massive selloffs in domestic equities and worries over a new variant of COVID-19. At the interbank foreign exchange market, the local currency opened at 74.60 and witnessed an intra-day high of 74.58 and […]
Continue ReadingFurther, unabated foreign fund outflows weighed on investor sentiment, traders said. At the interbank foreign exchange, the rupee opened on a weak note at 74.60, then lost further ground and touched 74.68 against the American dollar, registering a decline of 16 paise from the last close. Representative image The Indian rupee depreciated by 16 paise […]
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ICICI Direct, US dollar declined 0.09% yesterday but remained near its 16month high on expectations the US Federal Reserve will hike rates sooner to tackle inflation. November 26, 2021 / 08:37 AM IST ICICI Direct’s currency report on USDINR US dollar declined 0.09% yesterday but remained near its 16month high on expectations the US Federal […]
Continue ReadingAt the interbank foreign exchange, the rupee opened on a weak note at 74.55, registering a decline of 15 paise from the last close. On Wednesday, the rupee had closed at 74.40 against the US dollar. Representative image The Indian rupee depreciated by 15 paise to 74.55 against the US dollar in opening trade on […]
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ICICI Direct, The US dollar rose 0.38% yesterday amid improved economic data from the US. Weekly jobless claims fell sharply to the lowest level in 52 years. November 25, 2021 / 08:31 AM IST ICICI Direct’s currency report on USDINR The US dollar rose 0.38% yesterday amid improved economic data from the US. Weekly jobless […]
Continue ReadingAt the interbank foreign exchange, the rupee opened on a weak note at 74.53, then lost further ground and touched 74.54 against the American dollar in initial deals, registering a decline of 12 paise from the last close. Representative image The Indian rupee depreciated by 12 paise to 74.54 against the US dollar in opening […]
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ICICI Direct, The US dollar declined 0.06% yesterday amid a rise in US stock markets and mixed batch of economic data. November 24, 2021 / 08:40 AM IST ICICI Direct’s currency report on USDINR The US dollar declined 0.06% yesterday amid a rise in US stock markets and mixed batch of economic data. US Composite […]
Continue ReadingAt the interbank foreign exchange, the rupee opened on a weak note at 74.48, then lost further ground and touched 74.55 against the American dollar, registering a decline of 16 paise from the last close. Representative image The Indian rupee depreciated by 16 paise to 74.55 against the US dollar in opening trade on Tuesday, […]
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ICICI Direct, The US dollar rose 0.52% yesterday amid a decline in US stock markets and surge in US treasury yields. November 23, 2021 / 08:52 AM IST ICICI Direct’s currency report on USDINR The US dollar rose 0.52% yesterday amid a decline in US stock markets and surge in US treasury yields. Further, dollar […]
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Continue ReadingHowever, lower crude prices supported the local unit and restricted the fall, forex dealers said. Representative image The rupee depreciated 5 paise to 74.35 against the US dollar in opening trade on Monday, as a massive sell-off in domestic equities and firm American currency overseas weighed on investor sentiment. However, lower crude prices supported the […]
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