|Rupee opens 7 paise lower at 71.27 against dollar|
“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.
|Rupee settles nearly flat at 71.24 against US dollar|
At the interbank foreign exchange market, the local currency opened at 71.25.
|Currency hedge: RBI buys 15 tonnes of gold in Oct-Nov|
Safety of its forex asset is the prime reason that central banks park foreign exchange assets in the form of gold.
|Safe-haven currencies pull back as geopolitical tensions ease|
Against a basket of currencies the dollar index firmed 0.1 per cent to 96.772.
|RBI allows 24x7 forex mkt ops via select banks|
select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours
|India allows late foreign-exchange deals to lure trade home|
London has overtaken Mumbai to become the top center for trading the rupee
|Forex reserves touch record high at $453 billion|
Reserves rose by $2.34 billion during the week under review.
|Rupee slips 12 paise to 71.74 against dollar|
Rupee finally settled at 71.74, lower by 12 paise against its previous close.
|Rupee opens 5 paise down at 70.99 against dollar|
Today’s economic calendar is muted and that could keep the dollar confined in a narrow range.
|Rupee ends flat at 71.14 versus US dollar|
Global benchmark Brent crude oil futures rose 0.35 per cent to $60.12 per barrel.
|Rupee may continue to remain weak on volatility in global markets|
Outflow of foreign funds has also hampered the movement of rupee.
|Forex reserves down $446 million to $428.6 billion|
The reserves declined by a steep $1.45 billion to $429.050 billion last week.
|Rupee logs 3rd straight day gains, up 12 paise at 71.72|
Indian currency has appreciated by 67 paise in the last three trading sessions.
|Rupee pares gains, settles flat at 69.36 a US dollar|
Rupee opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.
|Rupee does U-turn, rises 23 paise to 69.35 against US dollar|
After opening on a weak note, rupee recovered and finally settled 23 paise higher at 69.35.