Author: Currencies

The rupee is likely to trade between the level of 74.20 and 74.70 ahead of RBI’s monetary policy, said ICICI Direct. Indian rupee is trading lower at 74.26 per dollar, amid volatile trade seen in the domestic equity market. It opened flat at 74.16 per dollar against previous close of 74.18. The Sensex was up […]

ICICI Direct, The rupee strengthened for a third straight session on Wednesday, closing 10 paise higher at 74.18 amid a rally in equities• August 05, 2021 / 09:20 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee strengthened for a third straight session on Wednesday, closing 10 paise higher at 74.18 amid […]

The rupee is expected to maintain its trading range between the level of 74.20 and 74.70, says ICICI Direct. August 04, 2021 / 03:43 PM IST Indian rupee ended higher at 74.18, after hitting 6-week high at 74.08, as the buying saw in the domestic equity market, touching fresh record highs. It opened 13 paise […]

The Indian rupee strengthened to a six-week high on Wednesday, buoyed by gains in local stocks and inflows towards initial public offerings, but bonds stayed largely steady ahead of an interest rate review due later this week. The partially convertible rupee was at 74.17/18 per dollar, as of 0805 GMT, after touching 74.0925 earlier, its […]

The rupee is expected to maintain its trading range between the level of 74.20 and 74.70, says ICICI Direct. August 04, 2021 / 10:09 AM IST Indian rupee opened 13 paise higher at 74.15 per dollar on Wednesday against previous close of 74.28, amid domestic equity market touching fresh record highs. On August 3 the […]

ICICI Direct, The rupee marginally recovered on the back of a fall in dollar index and US bond yields• August 04, 2021 / 09:07 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee marginally recovered on the back of a fall in dollar index and US bond yields • The dollar index […]

Rupee to remain in the range of 74.20 to 74.50, says Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors . Indian rupee is trading flat at 74.32 per dollar, amid buying seen in the domestic equity market. It opened flat at 74.26 per dollar versus previous close of 74.34. The Sensex was up 360.89 […]

Entries for the competition are invited till August 15, 2021. Indian rupee is likely to test 76-76.50 levels as a relatively strong greenback, boiling crude prices and COVID headwinds deepen the depreciation bias for the domestic currency, according to experts. One of the significantly-hit Asian currency in recent months amid uncertain economic times, rupee is […]

ICICI Direct, The rupee depreciated by 13 paise as the Dollar index is hovering around its support level of 91.80. August 03, 2021 / 09:13 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee opened the week mostly unchanged from its previous day’s close, as the dollar index was hovering near 92 […]

We expect an overall range between 74.20-74.75 on spot over the next week, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Indian rupee ended higher at 74.33 per dollar, amid buying saw in the domestic equity market. It opened marginally higher at 74.38 per dollar against Friday’s close of 74.41 and […]

We expect an overall range between 74.20-74.75 on spot over the next week, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Indian rupee is trading flat at 74.40 per dollar, amid buying seen in the domestic equity market. It opened marginally higher at 74.38 per dollar against Friday’s close of […]

ICICI Direct, The rupee depreciated by 13 paise as the Dollar index is hovering around its support level of 91.80. August 02, 2021 / 08:52 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee depreciated by 13 paise as the Dollar index is hovering around its support level of 91.80. The rupee […]

Looking at the aggressive addition in OTM Calls we feel the USDINR pair should move towards 74 levels, says ICICI Direct. Indian rupee ended 13 paise lower at 74.41 per dollar, amid volatile trade saw in the domestic equity market. It opened marginally lower at 74.32 per dollar against previous close of 74.28 and traded […]

At the interbank foreign exchange market, the local unit witnessed high volatility. PTI July 30, 2021 / 04:53 PM IST File image The Indian rupee slipped 13 paise to close at 74.42 (provisional) against the US currency on Friday, tracking muted domestic equities and unabated foreign fund outflows. At the interbank foreign exchange market, the […]

Looking at the aggressive addition in OTM Calls we feel the USDINR pair should move towards 74 levels, says ICICI Direct. Indian rupee ended 13 paise lower at 74.41 per dollar, amid volatile trade saw in the domestic equity market. It opened marginally lower at 74.32 per dollar against previous close of 74.28 and traded […]

Looking at the aggressive addition in OTM Calls we feel the USDINR pair should move towards 74 levels, says ICICI Direct. Indian rupee is trading lower at 74.36 per dollar, amid buying seen in the domestic equity market. It opened marginally lower at 74.32 per dollar against previous close of 74.28. The Sensex was up […]

For the USDINR, a broad range of 74.00 to 74.60 is expected over the near term, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Indian rupee ended higher by 9 paise at 74.28 per dollar, amid buying saw in the domestic equity market. It opened marginally higher at 74.32 per dollar […]

At the interbank forex market, the local unit opened at 74.32 against the greenback and witnessed an intra-day high of 74.22 and a low of 74.34. PTI July 29, 2021 / 04:18 PM IST File image The Indian rupee gained 9 paise and settled for the day at 74.29 (provisional) against the US dollar on […]

For the USDINR, a broad range of 74.00 to 74.60 is expected over the near term, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Indian rupee ended higher by 9 paise at 74.28 per dollar, amid buying saw in the domestic equity market. It opened marginally higher at 74.32 per dollar […]

ICICI Direct, The rupee continued to appreciate on the back of choppy crude oil prices and buying in equities from lower levels • July 29, 2021 / 09:26 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued to appreciate on the back of choppy crude oil prices and buying in equities […]