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

Rupee slips 9 paise to 68.17 against US dollar  -   21/05/2018 16:36
T he Indian rupee was trading lower against the greenback on Monday on sustained bouts of dollar demand in wake of rising global crude prices. The dollar also strengthen against other Asian currencies amid reports that the US and China would resolve trade dispute. The rupee belled the day in negative terrain at 68.17 from yesterday's closing level at 68.08 per dollar at the interbank foreign exchange...
Depreciating rupee to pose challenges to economical solar tariffs: Ind-Ra  -   17/05/2018 11:56
I ndia Ratings and Research (Ind-Ra)has said that depreciating rupee, if unhedged, will impact investor returns in bid solar power projects in the event of a significant exchange rate variation between the time of bidding (bid assumptions) and finalisation of module supply agreement. The exchange rate deteriorated 5 per cent yoy in May 2018, when the bids were hovering around INR2.5 per unit. However...
Rupee extends loss against US dollar  -   15/05/2018 15:28
T he Indian rupee continued its weak performance against the greenback on Tuesday on persistent bouts of dollar demand and foreign capital outflows amid rising global crude prices. The rupee belled the day in negative terrain at 67.70 from yesterday's closing level at 67.65 per dollar at the interbank foreign exchange here. The domestic unit witnessed volatility and swung between a high of 67.56 and...
Rupee extends fall against US dollar as crude prices spike  -   10/05/2018 12:24
T he Indian rupee extended losses against the greenback on Thursday on persistent bouts of dollar demand and foreign capital outflows amid rising global crude prices. The crude prices have surged after US President Donald Trump on Tuesday called off nuclear deal with Iran and announced to re-impose economic sanctions on Iran. The rupee belled the day in negative terrain at 67.44 from yesterday's clos...
Rupee plummets to 15-month low as US pulls out from Iran deal  -   09/05/2018 15:13
T he rupee fell sharply on Wednesday, hitting a 15-month low at 67.62 against the American currency on sudden bouts of dollar demand from importers after US President Donald Trump on Tuesday called off nuclear deal with Iran and announced to re-impose economic sanctions on Iran. The rupee belled the day in negative terrain at 67.47 from yesterday's closing level at 67.23 per dollar at the interbank fo...
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