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India's forex market News

15 Dec 2017

Rupee soars to 3-month high, up 30 paise at 64.04 vs USD

This is the highest closing for the home currency since September 13, when it had closed at 64.

21 Nov 2017

Rupee inches up, hovers above 65 vs USD

The local unit received some good support from higher domestic equities. But a strong dollar overseas kept the rupee in check.

05 Oct 2017

Rupee turns weaker by 9 paise to 65.10 against USD

Traders said the dollar's renewed strength against other currencies overseas weighed on the rupee, but a higher opening in domestic equities limited the impact.

26 Sep 2017

Rupee hits 6-month low of 65.35 vs USD on growth worries

The concerns over weak macroeconomic fundamentals has led to foreign investors pulling out dollars from India`s stock markets.

25 Sep 2017

Rupee crashes to 6-month low of 65.10 vs USD

This was the weakest closing for the home currency since March 24, when it had ended at 65.41 against the greenback.

25 Sep 2017

RBI intervening to stem rupee's appreciation: CEA Arvind Subramanian

Subramanian said there was a "big" appreciation of the rupee between January and April which had adversely impacted Indian exports and the country`s import-competing sectors.

22 Sep 2017

Rupee hits 4-month low against dollar, drops 31 paise

Dealers said early losses in domestic equity markets and unabated foreign fund outflows weighed on the rupee.

21 Sep 2017

Rupee crashes 54 paise to 2-1/2-month low on Fed rate hike hint

This was the lowest level the domestic currency had seen since since July 3 this year, when it had closed at 64.88 against the US dollar.

20 Sep 2017

Rupee gains 6 paise to 64.27 vs USD ahead of Fed meet outcome

The home currency plunged sharply to hit a low of 64.43 in mid-morning session on heavy dollar demand before recuperating losses.

19 Sep 2017

Rupee slips to nearly 2-month low of 64.33 vs USD

The domestic currency has lost 25 paise, or 0.39 percent, in the last two days.

18 Sep 2017

Rupee to average 64.3 vs USD in FY18: UBS

According to the global financial services major, it has been among the better performing currencies in the emerging markets and has appreciated 6 percent so far this year, but there are few triggers left for a sharp rally of the rupee from its current level.

13 Sep 2017

Rupee logs 1st gain in 3 days, ends at 64 vs USD

The domestic currency resumed higher at 63.98 per dollar against the yesterday's closing level of 64.04 at the forex market and hovered in a range of 63.9625 and 64.0250 before finishing at 64, a gain of 4 paise or 0.06 percent.

05 Sep 2017

Rupee struggles to stay afloat; down 7 paise at 64.12 vs USD

After hitting a fresh intra-day low of 64.18 in late afternoon trade, the domestic unit finally settled at 64.12, revealing a loss of 7 paise, or 0.11 percent.

23 Aug 2017

Rupee softens against USD, closes at 64.12

The interbank foreign exchange market saw a listless trade as traders preferred to stay on the sidelines ahead of central banks annual meet at Jackson Hole, dealers said.

21 Aug 2017

Rupee ends marginally up at 64.14 vs USD

The domestic currency finally settled at 64.14, revealing a gain of one paisa over Friday's close of 64.15.

16 Aug 2017

Rupee weakens by 17 paise to 64.29 on strong dollar demand

Forex dealers said dollar strengthening against other currencies overseas on strong US sales data weighed on the rupee sentiment.

11 Aug 2017

Rupee free fall continues, down 5 paise at 64.13 vs USD

For the week, the rupee finished with a steep 55 paise fall, snapping its four-week rally.

13 Jul 2017

Rupee climbs 15 paise to 64.39 vs USD

The rupee strengthened 15 paise to 64.39 against the dollar Thursday, backed up by record-shattering stocks, as foreign capital stayed on an upward trajectory.

07 Jul 2017

Rupee rebounds to 1-week high; US jobs data in focus

For the week, the rupee ended with a modest 2 paise fall, stretching its downtrend for the fourth-straight week.

05 Jul 2017

Rupee recovery fizzles out, down 4 paise at 64.78 vs USD

The rupee turned weak once again after a brief recovery against the US currency and ended lower by 4 paise at 64.78 Wednesday on fresh demand for the dollar from banks and exporters amid geopolitical uneasiness.

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