ICICI Direct, The US dollar bounced back and rose 0.50% on Friday amid risk aversion in global markets and hawkish statements from Fed officials. November 22, 2021 / 08:18 AM IST ICICI Direct’s currency report on USDINR The US dollar bounced back and rose 0.50% on Friday amid risk aversion in global markets and hawkish […]
Continue ReadingAt the interbank forex market, the local unit opened strong at 74.10 against the greenback and witnessed an intra-day high of 74.01 and a low of 74.26 during the day’s trade. PTI November 18, 2021 / 04:51 PM IST Representative image The rupee erased most of its initial gains to settle 4 paise higher at […]
Continue ReadingAt the interbank foreign exchange, the rupee opened strong at 74.10 but weakened to quote 74.17 against the American dollar, a rise of 11 paise in the early session. Representative image The rupee appreciated 11 paise to 74.17 against the US dollar in opening trade on Thursday, as easing crude oil prices and a weak […]
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ICICI Direct, The US dollar retreated from its 16-month high and declined 0.14% yesterday amid a fall in US treasury yields and disappointing economic data from the US. November 18, 2021 / 08:57 AM IST ICICI Direct’s currency report on USDINR The US dollar retreated from its 16-month high and declined 0.14% yesterday amid a […]
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ICICI Direct, The US dollar continued its rally and rose to a 16-month high, increasing by 0.42% yesterday amid a surge in US treasury yields and enhanced economic data from US. November 17, 2021 / 08:44 AM IST ICICI Direct’s currency report on USDINR The US dollar continued its rally and rose to a 16-month […]
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ICICI Direct, The US dollar rebounded hitting a 16-month high and increased by 0.42% amid a decline in US stock markets and surge in US treasury yields. November 16, 2021 / 09:11 AM IST ICICI Direct’s currency report on USDINR The US dollar rebounded hitting a 16-month high and increased by 0.42% amid a decline […]
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Continue ReadingAt the interbank forex market, the local unit opened at 74.38 against the greenback and witnessed an intra-day high of 74.31 and a low of 74.49. PTI November 15, 2021 / 04:19 PM IST Representative image The rupee slipped 3 paise to settle at 74.48 (provisional) against the US dollar on Monday amid a muted […]
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ICICI Direct, The US dollar retreated from its 16-month high and declined 0.02% amid disappointing economic data from the US and surge in stock markets. November 15, 2021 / 09:05 AM IST ICICI Direct’s currency report on USDINR The US dollar retreated from its 16-month high and declined 0.02% amid disappointing economic data from the […]
Continue ReadingAt the interbank foreign exchange, the rupee opened strong at 74.38 against the dollar and gained further ground to 74.33 in early deals, a rise of 12 paise over its previous close. Representative image The rupee surged 12 paise to 74.33 against the US dollar in opening trade on Monday as a firm trend in […]
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Continue ReadingAt the interbank forex market, the local unit opened at 74.36 against the greenback and later settled at 74.45, higher by 7 paise over its previous close of 74.52. PTI November 12, 2021 / 04:34 PM IST Representative image The rupee strengthened by 7 paise to close at 74.45 (provisional) against the US dollar on […]
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ICICI Direct, US dollar continued its rally and rose 0.26% yesterday as elevated inflation fuelled expectation of a rate hike sooner than anticipated to combat surging inflation. November 12, 2021 / 08:18 AM IST Representative image ICICI Direct’s currency report on USDINR US dollar continued its rally and rose 0.26% yesterday as elevated inflation fuelled […]
Continue ReadingAt the interbank foreign exchange, the rupee opened strong at 74.36 against the dollar, a rise of 16 paise over its previous close. Representative image The rupee surged 16 paise to 74.36 against the US dollar in opening trade on Friday as a positive trend in domestic equities supported the local unit. At the interbank […]
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Continue ReadingAt the interbank foreign exchange, the rupee opened on a weak note at 74.44, then lost further ground and touched 74.54 against the American dollar in initial deals, registering a decline of 20 paise from the last close. Representative image The Indian rupee depreciated by 20 paise to 74.54 against the US dollar in opening […]
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Continue ReadingAt the interbank foreign exchange market, the local currency opened at 74.44, then lost further ground to quote 74.59 against the American currency. PTI November 11, 2021 / 04:30 PM IST Representative image The rupee depreciated by 18 paise to end at 74.52 (provisional) against the US currency on Thursday, as heavy selling pressure in […]
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ICICI Direct, US dollar rose 1.0% yesterday hitting a 16-month high after US CPI data showed inflation surged to its highest rate since 1990. November 11, 2021 / 08:39 AM IST ICICI Direct’s currency report on USDINR US dollar rose 1.0% yesterday hitting a 16-month high after US CPI data showed inflation surged to its […]
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