Last Updated: Tuesday, September 15, 2015, 09:33
Besides, a weak opening in the domestic equity market weighed, dealers said. A weakness in the US dollar against major world currencies in the global market, however, limited the rupee fall.
Last Updated: Monday, September 14, 2015, 09:44
Forex dealers said that besides selling of the American currency, a higher opening in the domestic equity market and weakness of the dollar against other currencies supported the rupee.
Last Updated: Saturday, September 12, 2015, 09:49
The PPI report indicated relatively low inflation level, therefore lowering market expectation for an interest-rate hike as early as this month.
Last Updated: Friday, September 11, 2015, 10:05
The rupee recovered 9 paise at 66.34 against the dollar in early trade Friday on fresh selling of the US currency by exporters.
Last Updated: Friday, September 11, 2015, 09:11
Asian shares rose on Friday thanks to gains on Wall Street, while the dollar steadied after facing pressure from a rallying yuan and U.S. data that offered no clarity on whether the Federal Reserve might raise interest rates next week.
Last Updated: Thursday, September 10, 2015, 18:51
Snapping its two-day rising trend, the rupee slipped marginally by two paise at 66.43 against the US dollar Thursday on good demand for the greenback from banks and importers.
Last Updated: Thursday, September 10, 2015, 09:43
Forex dealers said besides dollar strengthening against other currencies, fresh demand for the American unit from importers and a lower opening in the domestic equity market put pressure on the rupee.
Last Updated: Thursday, September 10, 2015, 08:10
Asian stocks fell on Thursday after US stocks retreated overnight and as Japan machinery orders unexpectedly shrank, deflating investors` appetite for riskier assets.
Last Updated: Wednesday, September 9, 2015, 19:29
The rupee strengthened by 14 paise to close at 66.41 against the US dollar Wednesday on persistent selling pressure from banks and exporters amid hopes of resumption of foreign capital inflows in equity markets.
Last Updated: Wednesday, September 9, 2015, 09:35
Dealers said apart from increased selling of the US currency by exporters and banks, weakening of dollar overseas also supported the domestic currency.
Last Updated: Tuesday, September 8, 2015, 20:04
In line with equity markets, the rupee recovered by 27 paise to close at 66.55 against the US dollar on fresh selling of the American currency by banks and exporters amidst a weak greenback in overseas markets.
Last Updated: Tuesday, September 8, 2015, 09:38
The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.
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