Author: Currencies

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 is trading higher at 74.24 per dollar, amid buying seen in the domestic equity market. It opened marginally higher at 74.32 per dollar against […]

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 opened marginally higher at 74.32 per dollar on Thursday against previous close of 74.37, amid buying seen in the domestic equity market. On July […]

Forex traders said the rupee is trading in a narrow range ahead of the monthly expiry and the US Fed’s policy decision. PTI July 28, 2021 / 04:23 PM IST File image The rupee recovered by 9 paise to close at 74.38 (provisional) against the US currency on Wednesday, snapping it two-day losing run ahead […]

The USDINR is likely to remain volatile due to July series settlement today, says ICICI Direct. Indian rupee ended higher by 9 paise at 74.37 per dollar, amid selling saw in the domestic equity market. It opened marginally higher at 74.43 per dollar against previous close of 74.46 and traded in the range of 74.31-74.49. At […]

The USDINR is likely to remain volatile due to July series settlement today, says ICICI Direct. Indian rupee is trading flat 74.45 per dollar, amid selling seen in the domestic equity market. It opened marginally higher at 74.43 per dollar against previous close of 74.46. The Sensex was down 519.14 points or 0.99% at 52059.62, […]

ICICI Direct, For a second day in a row, the intraday volatility in the rupee declined. It ended almost flat for the day. July 28, 2021 / 08:39 AM IST ICICI Direct’s currency report on USDINR Spot Currency For a second day in a row, the intraday volatility in the rupee declined. It ended almost […]

Forex traders said the rupee is trading in a narrow range as investors are awaiting cues from the US Fed’s policy decision due on Wednesday and month-end rebalancing. PTI July 27, 2021 / 05:36 PM IST File image The rupee slipped by 5 paise to close at 74.47 (provisional) against the US currency on Tuesday […]

Over this week, the focus will be on the US Fed meeting on Wednesday. Ahead of that USDINR spot may remain within a range of 74.20 and 74.70 on spot, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Representative image Indian rupee ended marginally lower at 74.46 per dollar, amid […]

Over this week, the focus will be on the US Fed meeting on Wednesday. Ahead of that USDINR spot may remain within a range of 74.20 and 74.70 on spot, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Representative image Indian rupee is trading flat at 74.41 per dollar, amid […]

Over this week, the focus will be on the US Fed meeting on Wednesday. Ahead of that USDINR spot may remain within a range of 74.20 and 74.70 on spot, says Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities. Representative image Indian rupee opened marginally higher at 74.36 per dollar on […]

ICICI Direct, The rupee traded in a tight range in the previous session as no major triggers were there. July 27, 2021 / 08:36 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee traded in a tight range in the previous session as no major triggers were there. Towards the end it […]

Indian rupee ended flat at 74.42 per dollar, amid volatile trade saw in the domestic equity market. It opened marginally lower at 74.46 per dollar against Friday’s close of 74.40 and traded in the range of 74.40-74.52. At close, the Sensex was down 123.53 points or 0.23% at 52852.27, and the Nifty was down 31.50 […]

At the interbank foreign exchange market, the local unit opened at 74.43 against the dollar and witnessed an intra-day high of 74.40 and a low of 74.52 during the session. PTI July 26, 2021 / 04:25 PM IST File image The rupee slipped by 2 paise to close at 74.42 (provisional) against the US dollar […]

FM Nirmala Sitharaman said the gradual scaling back of lockdowns, along with the astute support of Aatmanirbhar Bharat Mission has placed the economy firmly on the path of recovery from the second half of FY21. The impact of the second wave of COVID-19 on the economy is expected to be muted given the localised containment […]

Indian rupee opened marginally lower at 74.46 per dollar on Monday against Friday’s close of 74.40, amid volatile trade seen in the domestic equity market. On July 23, Indian rupee ended marginally higher at 74.40 per dollar against Thursday’s close of 74.46. The Sensex was up 63.07 points or 0.12% at 53038.87, and the Nifty […]

ICICI Direct, The rupee managed to gain another 6 paise amid good flow in domestic equities and muted crude oil prices. July 26, 2021 / 09:34 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee managed to gain another 6 paise amid good flow in domestic equities and muted crude oil prices. […]

Going ahead rupee can be seen in range of 74.30-74.65 range, says Jateen Trivedi, Senior Research Analyst at LKP Securities. Indian rupee ended marginally higher at 74.40 per dollar, amid buying saw in the domestic equity market. It opened 7 paise lower at 74.53 per dollar against previous close of 74.46 and traded between 74.37-74.57. […]

Going ahead rupee can be seen in range of 74.30-74.65 range, says Jateen Trivedi, Senior Research Analyst at LKP Securities. Indian rupee is trading flat at 74.45 per dollar, amid volatile trade seen in the domestic equity market. It opened 7 paise lower at 74.53 per dollar against previous close of 74.46. The Sensex was […]

ICICI Direct, The rupee managed to gain another 16 paise as it appreciated against the US dollar in the previous session due to positive domestic equities • July 23, 2021 / 09:33 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee managed to gain another 16 paise as it appreciated against the […]

ICICI Direct feel only a sustainable close above 75 would open up more upsides. Until then, it is likely to remain in a range. Representative image Indian rupee ended higher by 15 paise at 74.46 per dollar, amid buying seen in the domestic equity market. It opened 18 paise higher at 74.43 per dollar against […]