FOREX NEWS

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

Rupee edges higher against US dollar  -   22/06/2017 12:38
T he Indian Rupee was trading higher against greenback on Thursday amid selling of dollar by banks and exporters. Adding to it, firmness in equity market also pushed the home currency higher. The investors also took cues from the RBI policy minutes which revealed that it was for the first time that the decision of the monetary policy committee was not unanimous as Ravindra Dholakia had pitched for a 50 b...
Rupee extends loss against greenback, slides 12 paise to 64.66  -   21/06/2017 12:10
T he Indian Rupee continued losing spree against the greenback for the second day on Wednesday amid fresh fund outflows by foreign funds and importers due to strong demand for the American currency. The bearish trend across the Indian equity markets and speculation that Fed may stick to rates hike programme later this year also weighed on home currency movement. At the Interbank Foreign Exchange Market,...
Rupee slips 4 paise against US dollar to 64.53  -   20/06/2017 12:21
T he Indian Rupee was trading lower against the greenback on Tuesday amid fresh fund outflows by foreign funds and importers due to strong demand for the American currency. The muted cues from the Indian equity markets and speculation that Fed may stick to rates hike programme later this year also weighed on home currency movement. At the Interbank Foreign Exchange Market, the local currency was trading...
Rupee up 05 paise at 64.45 against US dollar  -   19/06/2017 11:56
T he Indian Rupee was trading higher against greenback on Monday amid selling of dollar by banks and exporters. Adding to it, firmness in equity market also pushed the home currency higher. Globally, Asian currencies were trading higher against US dollar as investors widened their bet ahead of Brexit negotiations between the U.K. and the European Union, while report that French President Emmanuel Macron&...
Rupee down 04 paise against greenback  -   16/06/2017 12:44
T he Indian Rupee was trading lower against the greenback on Friday amid fresh fund outflows by foreign funds and importers due to strong demand for the American currency. The muted cues from the Indian equity markets also weighed on home currency movement. At the Interbank Foreign Exchange Market, the local currency was trading 04 paise lower at 64.64 per dollar against the previous close of 64.60 at 12...
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