Author: Currencies

ICICI Direct, The rupee appreciated and moved below 73 levels once again ahead of union budget. February 01, 2021 / 09:34 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee appreciated and moved below 73 levels once again ahead of union budget. However, sovereign Indian bonds declined ahead of Monday’s federal budget […]

At the interbank forex market, the rupee opened at 73.01, and hit an intra-day high of 72.93 and a low of 73.01. It finally finished at 72.96, higher by 9 paise over its last close. PTI January 29, 2021 / 04:33 PM IST The rupee gained 9 paise to settle at 72.96 (provisional) against the […]

For the February series, the Call base is placed at 73.50, which should be immediate hurdle for the pair, says ICICI direct. rupee Indian rupee opened flat at 73.03 per dollar on Friday against previous close of 73.04, amid buying seen in the domestic equity market. On January 28, rupee ended 12 paise lower at […]

ICICI Direct, The rupee depreciated by 12 paise to settle at 73.04 against the US dollar on Thursday, tracking muted domestic equities and a strengthening American currency. January 29, 2021 / 08:47 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee depreciated by 12 paise to settle at 73.04 against the US […]

A fall below 72.75 will push price towards 72.50 zone, however a reversal may take spot towards 73.50 zone, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services. Representative image Indian rupee ended 12 paise lower at 73.04 per dollar, amid selling seen in the domestic equity market. It opened 21 paise lower […]

At the interbank forex market, the rupee opened at 73.13 against the greenback and hit an intra-day high of 73.04 and a low of 73.15. PTI January 28, 2021 / 04:52 PM IST The rupee depreciated by 13 paise to settle at 73.05 (provisional) against the US dollar on Thursday, tracking muted domestic equities and […]

A fall below 72.75 will push price towards 72.50 zone, however a reversal may take spot towards 73.50 zone, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services. Representative image Indian rupee has recovered some early losses but still trading 16 paise lower at 73.08 per dollar, amid selling seen in the domestic […]

ICICI Direct, The rupee depreciated marginally as weakness in domestic equities put pressure on the currency. January 28, 2021 / 09:30 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee depreciated marginally as weakness in domestic equities put pressure on the currency. For the new series, the option concentration suggest a range […]

We expect the Indian rupee to hover in the range of 72.50-73.50 in near term, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking. Representative image Indian rupee erased most of the intraday gains and ended near the day’s low level at 72.92 per dollar, amid profit booking saw in the domestic equity market. It […]

The rupee edged higher by 2 paise to settle at 72.92 (provisional) against the US dollar on Wednesday, ahead of the outcome of the US central bank’s meeting. At the interbank forex market, the rupee opened at 72.91 against the American currency and hit an intra-day high of 72.78 and a low of 72.94 in […]

We expect the Indian rupee to hover in the range of 72.50-73.50 in near term, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking. Representative image Indian rupee extended the early gains and trading at day’s high level at 72.86 per dollar, amid selling seen in the domestic equity market. It opened flat at […]

ICICI Direct, Overall volatility continued to decline in the rupee as it approached expiry week. January 27, 2021 / 10:04 AM IST ICICI Direct’s currency report on USDINR Spot Currency Overall volatility continued to decline in the rupee as it approached expiry week. In the last session, after initial bounce it ended 4 paise higher. […]

The rupee rose by 3 paise to settle at 72.94 (provisional) against the US dollar on Monday, extending its gains for the fifth straight session despite heavy selling in the domestic equity market. At the interbank forex market, the rupee opened at 72.95 against the American currency, and hit an intra-day high of 72.89 and […]

We feel the rupee is likely to trade in range and any visible bounce towards 73.15 should be used to create short position, says ICICIdirect. Indian rupee ended flat at 72.95 per dollar, amid selling saw in the domestic equity market. It opened flat at 72.95 per dollar against Friday’s close of 72.97 and traded in […]

We feel the rupee is likely to trade in range and any visible bounce towards 73.15 should be used to create short position, says ICICIdirect. Indian rupee is trading marginally lower at 72.94 per dollar, amid volatile trade seen in the domestic equity market. It opened flat at 72.95 per dollar against Friday’s close of […]

ICICI Direct, The rupee continued to lack volatility for a third day in a row and witnessed a narrow trading range. January 25, 2021 / 09:29 AM IST ICICI Direct’s currency report on USDINR Spot Currency The rupee continued to lack volatility for a third day in a row and witnessed a narrow trading range. […]

Over the last four sessions, the Indian currency has strengthened by 31 paise against the US dollar. PTI January 22, 2021 / 04:30 PM IST The rupee clawed back lost ground towards the fag-end of the session and settled with a marginal 2 paise gain at 72.97 against the US dollar on Friday, supported by […]

We believe the current resilience of Rupee might continue in the near term and current levels may be utilized for creating long positions, says ICICI direct. Indian rupee is ended flat 72.97 per dollar, amid profit booking witnessed in the domestic equity market. It opened marginally lower at 73.03 per dollar against previous close of 72.99 […]

We believe the current resilience of Rupee might continue in the near term and current levels may be utilized for creating long positions, says ICICI direct. Indian rupee is trading flat 73.01 per dollar, amid weak trading seen in the domestic equity market. It opened marginally lower at 73.03 per dollar on Friday against previous close […]

ICICI Direct, Rupee continue to strengthen and closed near 4 month highs in the last session appreciating by 5 paise. January 22, 2021 / 09:00 AM IST rupee big_26776720 ICICI Direct’s currency report on USDINR Spot Currency Rupee continue to strengthen and closed near 4 month highs in the last session appreciating by 5 paise. […]