Author: Currencies

At the interbank forex market, the rupee opened at 73.24 and hit an intra-day high of 73.16 and a low of 73.26. PTI May 17, 2021 / 04:27 PM IST The rupee rose for the second straight session on Monday to close 7 paise higher at 73.22 (provisional) against the US dollar on the back […]

Going ahead the rupee can be seen between 73.05-73.55, says Jateen Trivedi, Senior Research Analyst at LKP Securities. Indian rupee ended higher by 7 paise at 73.22 per dollar, amid buying saw in the domestic equity market. It opened flat at 73.27 per dollar against Friday’s close of 73.29 and trade in the range of 73.15-73.27. […]

Going ahead the rupee can be seen between 73.05-73.55, says Jateen Trivedi, Senior Research Analyst at LKP Securities. Indian rupee is trading higher at 73.20 per dollar, amid buying seen in the domestic equity market. It opened flat at 73.27 per dollar against Friday’s close of 73.29. Sensex was up 758.83 points or 1.56% at 49491.38, […]

ICICI Direct, The rupee strengthened further and gained almost 15 paise despite weakening domestic equities and renewed state lockdowns. May 17, 2021 / 11:20 AM IST We expect the currency to trend broadly in the 73-76 range in the months ahead. ICICI Direct’s currency report on USDINR Spot Currency The rupee strengthened further and gained […]

ICICI Direct, The rupee strengthened further and gained almost 15 paise despite weakening domestic equities and renewed state lockdowns. May 17, 2021 / 11:20 AM IST We expect the currency to trend broadly in the 73-76 range in the months ahead. ICICI Direct’s currency report on USDINR Spot Currency The rupee strengthened further and gained […]

ICICI Direct, The rupee strengthened further and gained almost 15 paise despite weakening domestic equities and renewed state lockdowns. May 17, 2021 / 11:20 AM IST We expect the currency to trend broadly in the 73-76 range in the months ahead. ICICI Direct’s currency report on USDINR Spot Currency The rupee strengthened further and gained […]

Expect the currency to trend broadly in the 73-76 range in the months ahead. Upasna Bhardwaj May 15, 2021 / 08:39 AM IST We expect the currency to trend broadly in the 73-76 range in the months ahead. The Indian rupee over the last 15 months has followed a unique path defying global cues all […]

ICICI Direct, After some intraday volatility and support at lower levels, the rupee ended at 73.42. Sell-off in equities had kept the rupee under pressure• May 14, 2021 / 09:43 AM IST An Edelweiss research report for Q4FY21 says road tonnage continued to improve, evident in e-way bill generation (up 6% QoQ) and improved core […]

Indian rupee ended 8 paise lower at 73.42, amid selling saw in the domestic equity market. It opened lower by 15 paise at 73.49 per dollar against previous close of 73.34 and traded between 73.38-73.50. At close, the Sensex was down 471.01 points or 0.96% at 48690.80, and the Nifty was down 154.30 points or 1.04% […]

Indian rupee erased some of the early losses but still trading lower at 73.43, amid selling seen in the domestic equity market. It opened lower by 15 paise at 73.49 per dollar against previous close of 73.34. The Sensex was down 484.04 points or 0.98% at 48677.77, and the Nifty was down 138.70 points or […]

ICICI Direct, Due to a sharp sell-off in domestic equities and extension of restriction in few states, the rupee paused its upward trend and ended flat for the day • May 12, 2021 / 09:41 AM IST ICICI Direct’s currency report on USDINR Spot Currency Due to a sharp sell-off in domestic equities and extension […]

ICICI Direct, The rupee continued its appreciation trend against the dollar and moved towards 73.50 levels. May 11, 2021 / 10:06 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued its appreciation trend against the dollar, appreciating further. It managed to gain 16 paise against the dollar • The dollar continues […]

The rupee rose by 16 paise to close at 73.35 (provisional) against the US dollar on Monday, marking its third straight session of gains on the back of positive domestic equities and weak American currency. At the interbank forex market, the rupee opened at 73.34 and hit an intra-day high of 73.33 and a low […]

Indian rupee erased the early losses and ended at day’s high at 73.34 per dollar, amid buying saw in the domestic equity market for the fourth straight session. It opened lower by 13 paise at 73.63 per dollar against Friday’s close of 73.51 and traded in the range of 73.33-73.48. At close, the Sensex was up […]

Indian rupee erased early losses and trading higher by 7 paise at 73.44 per dollar, amid buying seen in the domestic equity market. It opened lower by 13 paise at 73.63 per dollar against Friday’s close of 73.51. The Sensex was up 380.93 points or 0.77% at 49587.40, and the Nifty was up 122.20 points […]

Indian rupee opened lower by 13 paise at 73.63 per dollar on against Friday’s close of 73.51, amid buying seen in the domestic equity market. On May 7, the domestic currency ended higher by 25 paise at 73.51 per dollar against Thursday’s close of 73.76. The Sensex was up 220.95 points or 0.45% at 49427.42, […]

ICICI Direct, The rupee continued its appreciation trend against the dollar and moved towards 73.50 levels. May 10, 2021 / 08:28 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued its appreciation trend against the dollar and moved towards 73.50 levels. However, it has remained almost unchanged against the rest of […]

Despite weakness in the Dollar index, we believe the USDINR pair is trading near its support levels and a round of upsides can be seen in coming sessions, says ICICI Direct. Indian rupee ended higher by 25 paise at 73.51 per dollar, amid buying seen in the domestic equity market led by the metal stocks. […]

Despite weakness in the Dollar index, we believe the USDINR pair is trading near its support levels and a round of upsides can be seen in coming sessions, says ICICI Direct. Indian rupee gained in the early trade on Friday. It opened 13 paise higher at 73.63 per dollar against previous close of 73.76, amid […]

ICICI Direct, The rupee appreciated further and moved towards 73.75 levels against the dollar despite recent FII outflows from equities. May 07, 2021 / 09:22 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee appreciated further and moved towards 73.75 levels against the dollar despite recent FII outflows from equities. In the […]