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Forex
At the interbank foreign exchange (forex) market, the rupee opened at 68.69 per dollar, but lost ground during the day and finally settled at 68.82, down 11 paise over its previous close.
Rupee falls 11 paise to 68.82 vs USD on foreign fund outflows
17 Jul 2019 6:32 PM

Forex traders said cautious trading in the domestic equity markets also weighed on the local unit.

DBS Bank report argued that increasing the ceiling on foreign portfolio investors in government securities is a better option considering the huge risks in raising debt in a foreign currency.
Govt may cap overseas borrowing at USD 5 billion this year: Report
17 Jul 2019 3:30 PM

DBS Bank suggested hiking the cap on foreign funds' investment in domestic debt is a better option.

At the interbank foreign exchange market, rupee opened on a firm footing at 68.31, and shuttled between a high of 68.30 and a low of 68.48 during the day.
Rupee advances 14 paise to 68.44 against USD on Fed rate cut signals
11 Jul 2019 6:32 PM

However, firming oil prices capped the gains, traders said.

At interbank foreign exchange market rupee rebounded by 15 paise to close at 68.51 against the greenback on Tuesday.
Rupee trips 7 paise to 68.58 vs USD
10 Jul 2019 6:42 PM

A weak trend at the domestic equity markets and global trade tensions kept sentiment subdued, traders said.

The strong jobs data dented hopes of a rate cut by the Federal Reserve this month, hitting emerging market currencies.
Rupee gains 15 paise to 68.51 against dollar
09 Jul 2019 6:44 PM

Strengthening crude oil prices and a stronger greenback in global markets, however, kept the rupee rise in check.

Investors sentiment was subdued on concerns that increased surcharge on super-rich could affect foreign funds investing in India, which could lead to flight of foreign funds from the domestic markets, currency traders said. (Photo: File)
Rupee drops 24 paise to 68.66 against US dollar amid equity meltdown
08 Jul 2019 6:42 PM

Foreign institutional investors pulled out Rs 401.99 crore on Monday, hitting the rupee sentiment.

At the interbank foreign exchange, the local unit opened at 68.55 a dollar but as Finance Minster Nirmala Sitharaman presented her maiden budget, the local unit gained strength and touched a high of 68.40 against the US dollar, up 10 paise over its previous close.
Budget 2019: Rupee does U-turn, up 10 paise at 68.40 a US dollar
05 Jul 2019 2:30 PM

Domestic bourses was trading in the negative territory on Friday with benchmark indices Sensex trading 362.28 points lower.

Forex traders said rupee slipped marginally against the US dollar as market participants awaited cues from the Union Budget to be presented in the Parliament Friday.
Rupee slips 20 paise to 68.70 vs USD in early trade ahead of Budget
05 Jul 2019 10:32 AM

The rupee opened weak at 68.55 at interbank forex market and then fell further to 68.70, down 20 paise over its last close.

Rising crude oil prices and foreign fund outflows weighed on the rupee and restricted its rise.
Rupee edges 6 paise higher at 68.89 against US dollar
03 Jul 2019 7:17 PM

At the interbank foreign exchange, rupee opened stronger at 68.83 and went on to touch the day's high of 68.79.

Forex traders said rupee is expected to trade in a narrow range as market participants will keep a close watch on the Union budget this week.
Rupee slips 11 paise to 69.05 vs USD in early trade
02 Jul 2019 11:20 AM

At the Interbank Foreign Exchange, the rupee opened at 69.02 then fell to 69.05 against the US dollar.

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