Author: Currencies

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 extended the early gains and trading at day’s high at 74.34 per dollar, amid buying seen in the domestic equity market. It opened 18 paise higher at […]

ICICI Direct, After a sharp fall of 55 paise, the rupee managed to recover some loss and ended 25 paise higher. The rupee closed at 73.62 levels in the last session. July 22, 2021 / 08:37 AM IST ICICI Direct’s currency report on USDINR Spot Currency After a sharp fall of 55 paise, the rupee […]

As for the domestic currency, since it has breached the crucial support of the 74.90 mark, we envisage it to drift lower towards 75.50 in the near- term, says Sugandha Sachdeva, VP- Commodity & Currency Research, Religare Broking. Indian rupee ended near the day’s high at 74.61 per dollar, amid selling was seen in the […]

As for the domestic currency, since it has breached the crucial support of the 74.90 mark, we envisage it to drift lower towards 75.50 in the near- term, says Sugandha Sachdeva, VP- Commodity & Currency Research, Religare Broking. Indian rupee is trading flat at 74.88 per dollar, amid selling seen in the domestic equity market. […]

ICICI Direct, The rupee witnessed sharp depreciation against the dollar in the last session and lost 55 paise amid a strengthening dollar index • July 20, 2021 / 09:17 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee witnessed sharp depreciation against the dollar in the last session and lost 55 paise […]

ICICI Direct, The rupee continued to trade in a range and last Friday ended almost flat, down 2 paise • July 19, 2021 / 01:17 PM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued to trade in a range and last Friday ended almost flat, down 2 paise • The dollar […]

At the interbank foreign exchange, the rupee opened at 74.73 against the dollar, then fell further to 74.77, registering a fall of 20 paise over its previous close. At the interbank foreign exchange, the rupee opened at 74.73 against the dollar, then fell further to 74.77, registering a fall of 20 paise over its previous […]

At the interbank foreign exchange market, the rupee opened on a negative note at 74.73 per dollar as against its previous close of 74.57. PTI July 19, 2021 / 04:13 PM IST File image The Indian rupee tumbled 31 paise to end at 74.88 (provisional) against the US currency on Monday, marking its second straight […]

The outgo on pension for all central government employees and armed forces is estimated at Rs 1.89 lakh crore. The abruptness and uncertainty around the impact of the pandemic prompted a coordinated multi-pronged aggressive monetary policy response around the world. Given that most economies were comfortable in terms of inflation prior to the pandemic, such […]

At the interbank forex market, the local unit opened at 74.53 against the greenback and witnessed an intra-day high of 74.51 and a low of 74.66 during the session. PTI July 16, 2021 / 04:13 PM IST File image The Indian rupee slipped 3 paise to settle at 74.57 (provisional) against the US dollar on […]

At the interbank foreign exchange, the domestic unit opened at 74.53 against the dollar, then inched higher to 74.51, registering a gain of just 3 paise over its previous close. PTI July 16, 2021 / 11:36 AM IST The Indian rupee opened on a flat note and inched higher by 3 paise to 74.51 against […]

ICICI Direct, The rupee traded in a narrow and tight band throughout the day. July 16, 2021 / 08:41 AM IST Nirvik makes provisions for lenders to be compensated periodically by the government, if loans are not repaid. ICICI Direct’s currency report on USDINR Spot Currency The rupee traded in a narrow and tight band […]

At the interbank forex market, the local unit opened at 74.48 against the greenback and witnessed an intra-day high of 74.47 and a low of 74.55 during the session. PTI July 15, 2021 / 05:01 PM IST The rupee pared some of its initial gains to settle 5 paise higher at 74.54 (provisional) against the […]

At the interbank foreign exchange, the domestic unit opened at 74.48 against the dollar, then inched higher to 74.47, registering a gain of 12 paise over its previous close. The Indian rupee strengthened by 12 paise to 74.47 against the US dollar in early trade on Thursday, as a dovish US Fed pulled the greenback […]

ICICI Direct, The rupee continued to trade in a range and fell by 9 paise to close near 74.58 in the last session• July 15, 2021 / 08:56 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued to trade in a range and fell by 9 paise to close near 74.58 […]

At the interbank foreign exchange market, the domestic currency opened at 74.57 against the American currency, and slipped further to close at 74.59, registering a decline of 10 paise over its previous close. PTI July 14, 2021 / 04:23 PM IST File image Halting its three-day winning run, the rupee on Wednesday declined by 10 […]

“The USD-INR pair is struggling at higher levels. Due to no major move in the Dollar index and strong domestic equities, we feel a move towards 74.4 is expected,” said brokerage firm ICICI Direct. The Indian rupee opened 9 paise lower at 74.58 per dollar on July 14 against the previous close of 74.49. The […]

ICICI Direct, The rupee continued to appreciate on the back of positive domestic equities and no major rise in oil prices The dollar on Tuesday posted moderate gains. Broker Research July 14, 2021 / 11:41 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued to appreciate on the back of positive […]

At the interbank forex market, the local unit opened at 74.49 against the greenback and witnessed an intra-day high of 74.41 and a low of 74.50 during the session. PTI July 13, 2021 / 04:28 PM IST The rupee strengthened for the third straight session on Tuesday, closing 9 paise higher at 74.49 (provisional) against […]

Shares in Asia-Pacific were trading higher in the morning session as investors awaited the release of China’s trade data for June The Indian rupee opened 9 paise higher at 74.48 a dollar on July 13 against its previous close of 74.57 as the greenback softened against its global peers ahead of the release of US […]