New to Moneycontrol - Sign up now
Its easy and FREE!
OR connect with
Don’t have an account?
on the rupee at this point. This is because if you look at the euro-dollar, euro at 1.28 levels, yen is weak and despite the S&P ratings, market seem to have digested that with the Nifty crossing 6
The rupee is trading at 55.02/03 after touching 55.07 in opening deals, its lowest since March 4.
The Indian rupee opened lower by 16 paise at 55.04 per dollar versus 54.88 on Friday. Agam Gupta of Standard Chartered Bank feels fundamental inflows are likely to continue, while selling pressure
Dealers attributed the rupee's fall to dollar gains against the euro and yen overseas but a higher opening in the domestic stock market capped the fall.
The rupee ended marginally stronger on Wednesday as sharp gains in domestic shares offset the dollar's rise versus most major currencies, particularly the euro.
The Indian rupee opened marginally higher at 54.86 per dollar versus 54.81 yesterday. However, The dollar index firmed up above the 83 mark & the euro slipped below 1.30 levels.
The Indian rupee opened at 54.75 per dollar versus 54.74 yesterday. According to Jayesh Mehta, Bank of America, strong support for the rupee is seen at 55/USD and the rupee will remain in 54
The Indian rupee opened lower by 32 paise at 54.57 per dollar versus 54.25 yesterday.
The rupee is likely to open with a slightly negative bias led by weakness in euro and continuous dollar demand from OMCs, says Jayesh Mehta, Bank of America.
The rupee today lost 18 paise to Rs 54.36 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas.
The rupee is likely to trade weak today led by a weaker euro and dollar demand for oil and defence related payments, says Pramit Brahmbhatt, Alpari.
The Indian rupee started off trade on a weak note Friday, losing 7 paise to 53.88 per dollar as against previous day's closing of 53.81 per dollar.
The Indian rupee gained 14 paise in opening trade at 54.11 per dollar on Tuesday as against previous day's close of 54.25.
The Indian rupee opened at 54.34 per dollar on Monday as against closing of 54.37 on Friday.
The Indian rupee opened marginally higher at 54.15 per dollar on Friday as against previous day's close of 54.22.
The Indian rupee opened higher with a gain of 20 paise at 54.18 per dollar as against Tuesday's close of 54.38.
The rupee fell to its lowest in a week on Tuesday, logging a second successive day of loss, as importers continued to buy dollars and a weak euro posed headwinds to the currency.
The Indian rupee opened marginally lower at 54.24 per dollar versus Monday's cloase 54.14.
Rupee trades at 54.45/46 versus its close of 54.6250/6350 as global risk currencies such as the euro are largely range-bound against the dollar after Monday's commodity-sparked plunges.
ViewUSD-INRDollar/rupee opened down Friday tracking gains in euro amid flows as markets resume trading today but fall is restricted on caution ahead of industrial output and trade dataDollar/rupee