Author: Currencies

We feel the rupee is likely to appreciate towards 72.3 levels in coming days, says ICICI Direct. Indian rupee ended flat at 72.52 per dollar, amid selling saw in the domestic equity market on spiking US bond yields. It opened higher at 72.48 per dollar against previous close of 72.54 and traded in the range […]

At the interbank forex market, the local unit opened strong at 72.48 against the greenback but failed to hold on to gains following a massive selloff in the domestic equity markets. PTI March 18, 2021 / 04:48 PM IST rupee The rupee erased some of its initial gains to end 2 paise higher at 72.53 […]

We feel the rupee is likely to appreciate towards 72.3 levels in coming days, says ICICI Direct. Indian rupee is trading flat at 72.56 per dollar, amid selling seen in the domestic equity market. It opened higher at 72.48 per dollar against previous close of 72.54. At 14:42 IST, the Sensex was down 652.35 points or […]

We feel the rupee is likely to appreciate towards 72.3 levels in coming days, says ICICI Direct. Indian rupee is trading flat at 72.52 per dollar, amid buying seen in the domestic equity market. It opened higher at 72.48 per dollar against previous close of 72.54. At 11:30 IST, the Sensex was up 185.66 points […]

ICICI Direct, The rupee remained almost flat after initial volatility ahead of the Fed outcome. March 18, 2021 / 09:06 AM IST Representative image ICICI Direct’s currency report on USDINR Spot Currency The rupee remained almost flat after initial volatility ahead of the Fed outcome. The rupee depreciated almost 18 paise to close near 72.74 […]

At the interbank forex market, the local unit opened almost flat at 72.56 against the greenback and witnessed an intra-day high of 72.51 and a low of 72.62. PTI March 17, 2021 / 04:24 PM IST Representative image The rupee closed flat 72.55 (provisional) against the US dollar on Wednesday as selling pressure in domestic […]

As Dollar index sustaining below 92 levels, we feel INR is likely to appreciate towards 72.3 levels in coming days, says ICICI Direct. rupee Indian rupee ended flat at 72.54 per dollar, amid selling saw in the domestic equity market. It opened marginally lower at 72.58 per dollar against Tuesday’s close of 72.55 and traded in […]

As Dollar index sustaining below 92 levels, we feel INR is likely to appreciate towards 72.3 levels in coming days, says ICICI Direct. rupee Indian rupee is trading flat at 72.56 per dollar, amid selling seen in the domestic equity market. It opened marginally lower at 72.58 per dollar against Tuesday’s close of 72.55. At 15:00 […]

As Dollar index sustaining below 92 levels, we feel INR is likely to appreciate towards 72.3 levels in coming days, says ICICI Direct. rupee Indian rupee is trading flat at 72.55 per dollar, amid flat trading witnessing in the domestic equity market. It opened marginally lower at 72.58 per dollar against Tuesday’s close of 72.55. […]

ICICI Direct, The Rupee further appreciated by 8 paise and ended near 72.35 levels as Dollar index remained below 92 levels. March 17, 2021 / 08:52 AM IST ICICI Direct’s currency report on USDINR Spot Currency The Rupee further appreciated by 8 paise and ended near 72.35 levels as Dollar index remained below 92 levels. […]

Strong support area of the USDINR future is 72.30 levels and buying may come from this level, says Kshitij Purohit, Product Manager, Currency & Commodities at CapitalVia Global Research. Indian rupee ended lower by 7 paise at 72.55, amid volatile trade saw in the domestic equity market. It opened flat at 72.49 per dollar against previous […]

For the week, the USD/INR (Spot) to trade with a positive bias and quote in the range of Rs 72.20 and Rs 73.10 After consolidating in a range over past few months, the rupee has started to become choppy against the US dollar. At the start of the last week, it was under pressure, but […]

Strong support area of the USDINR future is 72.30 levels and buying may come from this level, says Kshitij Purohit, Product Manager, Currency & Commodities at CapitalVia Global Research. Indian rupee is trading lower by 15 paise at 72.63, amid volatile trade seen in the domestic equity market. It opened flat at 72.49 per dollar […]

ICICI Direct, The rupee strengthened for the fourth consecutive day and gained almost 30 paise despite weakening domestic equities and rising Covid cases. March 16, 2021 / 10:52 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee strengthened for the fourth consecutive day and gained almost 30 paise despite weakening domestic equities […]

At the interbank forex market, the local unit opened at 72.71 against the greenback, and witnessed an intra-day high of 72.40 and a low of 72.75. PTI March 15, 2021 / 04:17 PM IST The rupee extended its early gains to close the day 33 paise higher at 72.46 (provisional) against the US dollar amid […]

We think the rupee should trade with a depreciating bias and a fall towards 73.50 looks likely in the near term, says Sugandha Sachdeva, Vice president – Commodity and Currency Research at Religare Broking. Indian rupee has extended the early gains and ended higher by 33 paise at 72.48 per dollar, amid selling saw in […]

We think the rupee should trade with a depreciating bias and a fall towards 73.50 looks likely in the near term, says Sugandha Sachdeva, Vice president – Commodity and Currency Research at Religare Broking. Indian rupee has extended the early gains and trading near the day’s high level  at 72.52 per dollar, amid selling seen […]

We think the rupee should trade with a depreciating bias and a fall towards 73.50 looks likely in the near term, says Sugandha Sachdeva, Vice president – Commodity and Currency Research at Religare Broking. Indian rupee is trading higher at 72.70 per dollar, amid selling seen in the domestic equity market. It opened higher by 9 […]

ICICI Direct, The rupee remained largely range bound in the last trading session despite the weakness seen in the Dollar index. March 15, 2021 / 09:25 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee strengthened for a third consecutive day and gained almost 12 paise despite weakening domestic equities. We believe […]

On Thursday the currency market was shut on account of Mahashivratri. Indian rupee erased some of the intraday gains but ended higher by 13 paise at 72.81 per dollar, amid selling saw in the domestic equity market. It opened 25 paise higher at 72.66 per dollar against Wednesday’s close of 72.91 and traded in the range of […]