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FOREX NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Rupee trades higher against greenback  -   23/03/2017 13:08
T he Indian Rupee was trading higher against the greenback on Thursday amid fresh selling of dollar by banks and exporters, while fresh fund inflows amid hopes of aggressive policy reforms following BJP’s strong win in the recently-concluded State elections also boosted rupee’s rally. Further, bullish trade across equity market also boosted home currency’s movement. The BSE SENSEX was t...
Rupee tumbles 19 paise against greenback  -   22/03/2017 13:48
T he Indian rupee fell sharply against its US counterpart on Wednesday amid fund outflows by foreign funds and importers due to fresh demand for the American currency. Adding to it, weakness in global equity market also weighed on home currency movement. The equity markets tumbled amid fading hopes that the Trump government will deliver its tax cuts promises. At the Interbank Foreign Exchange Market,...
Rupee up 7 paise against US dollar  -   21/03/2017 12:41
T he Indian Rupee was trading higher against the greenback on Tuesday amid sustained selling of the dollar by banks and exporters, while fresh fund inflows amid hopes of aggressive policy reforms following BJP’s strong win in the recently-concluded State elections also boosted rupee’s rally. However, weakness across equity market restricted home currency’s gain. At the Interbank Foreign...
Rupee steady against greenback in early trade  -   07/03/2017 10:30
T he Indian Rupee was trading higher against the greenback on Tuesday amid sustained selling of the dollar by banks and exporters, while fresh fund inflows also supported home currency. At the Interbank Foreign Exchange Market, the local currency was up by 08 paise to USD 66.80 per dollar from a previous close of 66.88 per dollar at 10:42 AM. As on March 06, 2017, the FIIs stood as net buyer in both...
Rupee up 07 paise against dollar in early trade  -   06/03/2017 10:49
T he Indian Rupee was trading higher against the greenback on Monday amid fresh selling of the dollar by banks and exporters, while firmness in equity market also boosted home currency movement. The fresh fund inflows by foreign portfolio investors in local equity market also supported home currency movement. At the Interbank Foreign Exchange Market, the local currency was up by 07 paise to USD 66.93 per...
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