Author: Currencies

At the interbank forex market, the local unit opened at 72.98 against the greenback and witnessed an intra-day high of 72.80 and a low of 72.99. PTI February 05, 2021 / 04:56 PM IST The rupee gained 3 paise to settle at 72.93 (provisional) against the US dollar on Friday after the Reserve Bank kept […]

Indian rupee is trading higher at 72.90 per dollar, amid buying seen in the domestic equity market after RBI kept repo rate unchanged at 4 percent. It opened flat at 72.98 per dollar versus Thursday’s close of 72.96. Reserve Bank of India (RBI) has kept repo rate unchanged at 4 percent and also kept Reverse […]

ICICI Direct, The range bound move around 73 levels continued for the US$ INR pair. February 05, 2021 / 09:50 AM IST ICICI Direct’s currency report on USDINR Spot Currency The range bound move around 73 levels continued for the US$ INR pair. The dollar index has moved beyond its important resistance of 91.30 and […]

We don’t expect RBI to cut rates but any hint over future rate cut would be positive for rupee, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services. Indian rupee ended flat at 72.96 per dollar, amid buying saw in the domestic equity market on the fourth consecutive session. It opened flat at 72.94 per […]

At the interbank forex market, the local unit opened at 72.92 against the greenback and witnessed an intra-day high of 72.90 and a low of 72.96. PTI February 04, 2021 / 04:31 PM IST The Indian rupee ended unchanged at 72.96 (provisional) against the US dollar on Thursday even as the domestic equity markets scaled […]

We don’t expect RBI to cut rates but any hint over future rate cut would be positive for rupee, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services. Indian rupee is trading marginally higher at 72.92 per dollar, amid profit booking seen in the domestic equity market. It opened flat at 72.94 per […]

ICICI Direct, The trading range continued to reduce in the rupee as it ended almost flat yesterday whereas intraday move was only 9 paise. February 04, 2021 / 08:59 AM IST ICICI Direct’s currency report on USDINR Spot Currency The trading range continued to reduce in the rupee as it ended almost flat yesterday whereas […]

At the interbank forex market, the local unit opened at 72.96 against the greenback and witnessed an intra-day high of 72.92 and a low of 72.98. PTI February 03, 2021 / 05:21 PM IST The Indian rupee ended on a flat note and settled 1 paisa higher at 72.95 (provisional) against the US dollar on […]

The USDINR pair continued to hover around USD 73 post Budget also. A sharp sell-off in Euro would boost dollar due to which EM currencies are likely to depreciate, says ICICI direct. Indian rupee ended flat at 72.96 in the volatile trade, amid buying witnessed in the domestic equity market with indices hitting fresh record […]

The USDINR pair continued to hover around USD 73 post Budget also. A sharp sell-off in Euro would boost dollar due to which EM currencies are likely to depreciate, says ICICI direct. Indian rupee is trading marginally higher at 72.92, amid buying seen in the domestic equity market with indices at record highs. It opened […]

The USDINR pair continued to hover around USD 73 post Budget also. A sharp sell-off in Euro would boost dollar due to which EM currencies are likely to depreciate, says ICICI direct. Indian rupee is trading marginally higher at 72.93, amid buying seen in the domestic equity market with indices at record highs. It opened […]

ICICI Direct, Post Union Budget 2021, overall volatility declined and the trading range further contracted. February 03, 2021 / 09:20 AM IST ICICI Direct’s currency report on USDINR Spot Currency Post Union Budget 2021, overall volatility declined and the trading range further contracted. Positive domestic equites and huge inflows from FIIs would provide a cushion […]

ICICI direct expects 73.50 levels to act as immediate hurdle for the currency pair. rupee Indian rupee ended higher by 6 paise at 72.96 per dollar, amid buying seen in the domestic equity market. It opened flat at 73.02 per dollar against previous close of 73.02 and traded in the range of 72.92-73.05. At close, the […]

Analysts said the rupee is trading in a narrow range as traders remained cautious ahead of the Reserve Bank of India (RBI) monetary policy scheduled on Friday. PTI February 02, 2021 / 04:30 PM IST The rupee gained 6 paise to settle at 72.96 (provisional) against the US dollar on Tuesday tracking weak American currency […]

ICICI direct expects 73.50 levels to act as immediate hurdle for the currency pair. rupee Indian rupee is trading higher by 8 paise at 72.94 per dollar, amid buying seen in the domestic equity market. It opened flat at 73.02 per dollar against previous close of 73.02. At 14:29 IST, the Sensex was up 1,224.56 […]

ICICI direct expects 73.50 levels to act as immediate hurdle for the currency pair. rupee Indian rupee is trading flat at 73.02 per dollar, amid buying seen in the domestic equity market. It opened flat at 73.02 per dollar against previous close of 73.02. At 11:21 hrs IST, the Sensex was up 1,079.56 points or […]

ICICI Direct, The rupee depreciated marginally post Budget and closed above 73 levels once again as concerns over fiscal slippage. February 02, 2021 / 08:59 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee depreciated marginally post Budget and closed above 73 levels once again as concerns over fiscal slippage. The yield […]

At the interbank forex market, the domestic unit opened at 72.89 against the US dollar and witnessed an intra-day high of 72.84 and a low of 73.15. PTI February 01, 2021 / 04:11 PM IST Indian rupee depreciated by 6 paise to close at 73.02 (provisional) against the US dollar on Monday, tracking a rebound in […]

The local factors along with US fiscal stimulus uncertainty will continue to keep USDINR broadly in between 72.50-73.50, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services. Indian rupee erased early gains and trading lower at 73.06 per dollar, amid huge buying seen in the domestic equity market post Union Budget 2021. It opened […]

The local factors along with US fiscal stimulus uncertainty will continue to keep USDINR broadly in between 72.50-73.50, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services. Indian rupee gained in the early trade on Monday. It opened 8 paise higher at 72.87 per dollar against Friday’s close of 72.95, with buying seen […]