Spot Dollar to Rupee
Indian rupee opens at 61.12 per dollar; down 18 paise
The continued compression in current account deficit (CAD) coupled with a pick-up in capital flows has created a constructive balance of payment (BoP) environment for the rupee, says Rohini Malkani
Rupee may not extend rally beyond 60/USD: Citi
we do not expect the rupee rally to extend beyond 60/dollar as RBI would step in to rebuild reserves and increase the forex import cover, says Rohini Malkani of Citi .
Rupee unlikely to fall below 60/USD in near-term: BofA
BofA's Jayesh Mehta does not see the Indian currency falling below 60/USD as foreign investors will continue pouring money in the market until elections which will continue strengthening the rupee
India halts plan to join global bond indexes
and Raghuram Rajan, Reserve Bank of India governor, initiated talks with index compilers including JP Morgan in the hope of attracting billions of investment dollars after the rupee tumbled to a record low last
Wipro & TCS up, Tata Steel falls 4%; Nifty, Sensex flat
The rupee continued its winning streak and rose to a fresh seven-month high against the US dollar taking cues from firm Asian currencies and on persistent FII inflows. Gilts trade firm on the rupee
Why the rupee may lose steam versus US dollar
The rupee has been on a strong march versus the US dollar, breaking the technically-crucial 61 level Monday, closing at 60.85.The currency closed at a seven-month high and has advanced 1.9 percent
Messages on USDINR »
Market Strategy - Day Trading
My opinion on longs - HUL, Bharti, Mahindra and Mahindra, HCL Tech (If USDINR goes below 60 no IT stocks should be owned).
about 8 min 39 sec ago
sell USD/INR @ 61.10 ...sl- 61.21 ...Tgt - 61 - 60.90 - 60.75 ....Enjoyyyy
about 23 min 59 sec ago
USD-INR is steady no Such movement direct copper is falling without any reason.
8.54 PM Mar 11th
400/500 at USD-INR of 40-45 in 2007-2008... I dont see why it should be any different at 55-60 if TechM continue to grow like shown in last several quarters - and in last two quarter constatly beat Top4 IT giants in growth rate in USD term.
7.58 PM Mar 7th
Forutne ji new high ke bad to ab intzar karana hoga . . . Ab resistance to gayab hi ho gaya hai, institutional activity and usd/inr movement track karane ke bad hi kuch decide karunga. . . Saturday sunday enjoy. . .
4.13 PM Mar 7th
And pharma is more impacted by the USD-INR as they export mainly material - IT has to send personnel which creates much more USD cost than Pharma - so expense costs cuts will be more in IT sector - therefore if USD depreciates Pharma investors will move to IT as well.
3.09 PM Mar 7th
of course USD INR impacts the revenues but it cuts the expenses as well - so overall it has not such serious impact - such knee jerk reaction will be nullified soon.
When a stock can trade 400/500 at USD-INR of 40-45... I dont see why it should be different at 55-60.
2.39 PM Mar 7th
In 2008, Satyam was trading in range of 400-500 in 2007-2008... you know what was USD-INR guess guess guess... yes it was early 40s.... hmmmm...
2.28 PM Mar 7th
$ 60.95 near daily low, looking some more downside left in USD/INR. FII is buying, play bullish.
1.14 PM Mar 7th
Indian Rupee Value
Rupee vs Dollar
Rupee to Dollar
Rupee to Pound
Indian Rupee Rate
Indian Rupee Forecast
Rupee vs Euro