Author: Currencies

We expect the local currency to stay in the 72.40 to 73.50 band in the near term, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking. rupee Indian rupee has recovered the early losses and trading higher by 12 paise at 73.34 per dollar, amid buying seen in the domestic equity market. It opened 31 […]

ICICI Direct, A sharp sell-off was seen in most currencies as US bonds moved sharply. March 01, 2021 / 08:50 AM IST ICICI Direct’s currency report on USDINR Spot Currency A sharp sell-off was seen in most currencies as US bonds moved sharply. The rupee depreciated almost 1% after moving to a one-year high and […]

Representative image The rupee dived 104 paise to settle at 73.47 (provisional) against the US dollar on Friday, following a heavy selloff in domestic equities and strong American currency in the overseas market. At the interbank forex market, the local unit opened at 72.43 against the greenback, then lost further ground to touch an intra-day […]

ICICI Direct, The rupee depreciated marginally and ended at 72.42 against the dollar despite recent dollar weakness as FII inflows have paused. February 26, 2021 / 08:29 AM IST Image: Reuters ICICI Direct’s currency report on USDINR Spot Currency The rupee depreciated marginally and ended at 72.42 against the dollar despite recent dollar weakness as […]

At the interbank forex market, the local unit opened at 72.35 against the greenback and witnessed an intra-day high of 72.34 and a low of 72.53. PTI February 25, 2021 / 04:30 PM IST Representative image The Indian rupee ended 8 paise lower at 72.43 (provisional) against the US dollar on Thursday, weighed down by […]

On February 24, the local currency ended 14 paise higher at 72.32 against Tuesday’s close of 72.46. Representative image Indian rupee ended 10 paise lower at 72.42 per dollar, amid buying saw in the domestic equity market. It opened flat at 72.30 per dollar against previous close of 72.32 and traded in the range of […]

On February 24, the local currency ended 14 paise higher at 72.32 against Tuesday’s close of 72.46. Representative image Indian rupee has extended the losses and trading near the day’s low at 72.47 per dollar, amid buying seen in the domestic equity market. It opened flat at 72.30 per dollar against previous close of 72.32. […]

On February 24, the local currency ended 14 paise higher at 72.32 against Tuesday’s close of 72.46. Representative image Indian rupee has extended the losses and trading near the day’s low at 72.47 per dollar, amid buying seen in the domestic equity market. It opened flat at 72.30 per dollar against previous close of 72.32. […]

ICICI Direct, Despite some technical glitch faced by the NSE the rupee managed to gain 14 paise and ended at a new one year high. February 25, 2021 / 08:45 AM IST ICICI Direct’s currency report on USDINR Spot Currency Despite some technical glitch faced by the NSE the rupee managed to gain 14 paise […]

At the interbank forex market, the local unit opened at 72.35 against the greenback and witnessed an intra-day high of 72.26 and a low of 72.41. PTI February 24, 2021 / 04:12 PM IST The rupee gained 11 paise to settle at 72.35 (provisional) against the US dollar on Wednesday supported by positive domestic equities […]

We continue to believe that the rupee would appreciate and move towards 72.3 levels, says ICICI direct. Representative image Indian rupee has extended the early gains and trading higher by 17 paise at 72.29 per dollar, amid buying seen in the domestic equity market It opened higher by 9 paise at 72.37 per dollar against […]

ICICI Direct, The rupee continued to appreciate and made a new one year high. It gained 4 paise on Tuesday to close at 72.46. February 24, 2021 / 09:27 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued to appreciate and made a new one year high. It gained 4 paise […]

ICICI direct believes that USDINR should consolidate around 72.50 while upsides can be used as shorting opportunity once again. rupee Indian rupee ended with marginal gains at 72.46 per dollar, amid volatile trading saw in the domestic equity market. It opened higher by 14 paise at 72.36 per dollar against previous close of 72.50 and […]

ICICI direct believes that USDINR should consolidate around 72.50 while upsides can be used as shorting opportunity once again. rupee Indian rupee opened higher by 14 paise at 72.36 per dollar on Tuesday against previous close of 72.50, amid buying seen in the domestic equity market. On February 22, the domestic unit ended higher by […]

ICICI Direct, The rupee gained another 15 paise to close at 72.50. It managed to gain 10 paise to end at 72.65 levels. February 23, 2021 / 09:19 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee gained another 15 paise to close at 72.50. It managed to gain 10 paise to […]

At the interbank forex market, the local unit opened at 72.58 against the greenback and witnessed an intra-day high of 72.29 and a low of 72.58. PTI February 22, 2021 / 04:30 PM IST Representative photo The rupee gained 16 paise to settle at 72.49 (provisional) against the US dollar on Monday supported by sustained […]

We expect the trading range to be in between 72.40-73, says Rahul Gupta, Head Of Research-Currency, Emkay Global Financial Services. Indian rupee has extended the early gains and ended higher by 15 paise at 72.50 per dollar, amid selling witnessed in the domestic equity market. It opened 7 paise higher at 72.58 per dollar against Thursday’s close […]

We expect the trading range to be in between 72.40-73, says Rahul Gupta, Head Of Research-Currency, Emkay Global Financial Services. Indian rupee has extended the early gains and trading higher by 23 paise at 72.42 per dollar, amid selling seen in the domestic equity market. It opened 7 paise higher at 72.58 per dollar against Thursday’s […]

We expect the trading range to be in between 72.40-73, says Rahul Gupta, Head Of Research-Currency, Emkay Global Financial Services. Indian rupee gained in the early trade on Monday. It opened 7 paise higher at 72.58 per dollar against Thursday’s close of 72.65. On February 18, the rupee ended 10 paise higher at 72.65 per […]

ICICI Direct, After two days of consolidation, the rupee managed to gain 10 paise to end at 72.65 levels. February 22, 2021 / 08:55 AM IST ICICI Direct’s currency report on USDINR Spot Currency After two days of consolidation, the rupee managed to gain 10 paise to end at 72.65 levels. We feel the rupee […]