Rupee gains 10 paise up at 64.46 against dollar

The Indian Rupee extended rally against the US dollar on Monday due to weak dollar demand by exporters and banks, while weakness against other currencies overseas also supported the local currency's upmove. The market sentiment got a boost after opinion polls predicted a win for Modi led Bharatiya Janata Party in Gujarat state assembly elections. At the Interbank Foreign Exchange Market, th

Most Asian currencies edge higher as dollar dips ahead of Fed

By Patturaja Murugaboopathy

Most Asian currencies were firmer on Monday as the dollar weakened broadly after disappointing wage data raised questions about the pace of U.S. interest rate increases next year.

The dollar index, which tracks the greenback against a basket of six major rival currencies, was down 0.08 percent at93.827.

November's employment report s

Rupee trades higher at 64.57 against US dollar

The Indian Rupee was trading higher against the US dollar on Friday due to weak dollar demand by exporters and banks and sustained fund inflows. The market sentiment also got a boost after opinion polls predicted a win for Modi led Bharatiya Janata Party in Gujarat state assembly elections.

At the Interbank Foreign Exchange Market, the local currency was trading 11 paise higher at 64.

Rupee down 2 paise as RBI raises inflation forecast

The Indian Rupee was trading lower against the US dollar on Thursday due to spurt in American currency demand by banks and importers and sustained outflows by foreign portfolio investors. The investor sentiments were dented after the RBI in its fifth bimonthly policy statement raised inflation estimates between 4.3-4.7 per cent in Q3 and Q4 of this year as compared to 4.2-4.6 per cent projected

Bitcoin rises above $14,000 on Bitstamp to record high

TOKYO - Bitcoin soared to a record high of $14,047.40 on Thursday, continuing its surge from below $1,000 at the beginning of the year.

The cryptocurrency was last up 2.94 percent at $14,030.00 at the Luxembourg-based Bitstamp exchange.

 

(Reporting by the Tokyo markets team; Editing by Kim Coghill)

Rupee edges higher against greenback

The Indian Rupee was trading marginally higher against the US dollar on Tuesday due to muted dollar demand by exporters and banks, while optimism over interest rate cut by the Reserve Bank boosted by the local currency. Global ratings agency Fitch has said that there is room for rate cut by the Reserve Bank of India, but at the same time it has lowered India’s growth forecast for FY&rsquo

Rupee slips 13 paise at 64.64 against US dollar

The Indian Rupee was trading lower against the US dollar on Monday due to strong demand of American currency by banks and importers and sustained outflows by foreign portfolio investors. The investor sentiments were spooked by slower-than-expected growth in eight core sectors at 4.7 percent in October. At the Interbank Foreign Exchange Market, the local currency was down by 13 paise at 64.64 pe

Asia forex: Most Asian currencies ease as U.S. tax vote stalls

By Chris Thomas

Most Asian currencies were subdued on Friday as investors sought clarity after a vote to pass a U.S. tax reform bill, which could potentially strengthen the dollar, was delayed.

The dollar index, which measures the greenback against a basket of six major currencies, was 0.1 percent lower at 0432 GMT.

"Across dollar-Asia, we don't see much o

Rupee gains 11 paise against US dollar

The Indian Rupee was trading higher against the US dollar on Monday amid muted dollar demand by exporters and banks as local currency was lifted by sustained fund inflows by foreign investors. Meanwhile, traders also awaited GDP data to get more cues on the health of economy. At the Interbank Foreign Exchange Market, the local currency was up by 11 paise at 64.49 per dollar against a previous c

Rupee surges 11 paise against US dollar

The Indian Rupee was trading higher against the US dollar on Monday amid muted dollar demand by exporters and banks as local currency was lifted by sustained fund inflows by foreign investors. At the Interbank Foreign Exchange Market, the local currency was up by 11 paise at 64.59 per dollar against a previous close of 64.70 per dollar at 15:30 hours.

During the day’s trade so f

Rupee down 2 paise against US dollar

The Indian Rupee was trading lower against the US dollar on Friday due to strong demand of American currency by banks and importers and sustained outflows by foreign portfolio investors. At the Interbank Foreign Exchange Market, the local currency was down by 2 paise at 64.63 per dollar against a previous close of 64.61 per dollar.

It touched the intra-day low of Rs 64.75 after openin

Euro zone business roars as Germany leads the pride

By Jonathan Cable

LONDON - Euro zone business growth is roaring ahead as the year draws to a close, surveys showed on Thursday, supporting the European Central Bank's move last month to announce a throttling back of its monetary stimulus.

Surveys covering both the services and manufacturing industries outshone even the most optimistic forecasters in Reut

Rupee surges 19 paise at 64.77 against US dollar

The Indian Rupee continued gaining momentum against the US dollar on Thursday amid weak dollar demand by exporters and banks as local currency was lifted by Moody's upgrade of India's credit rating. Global rating agency Moody's Investors Service has revised India’s sovereign rating to Baa2 from Baa3 with stable outlook, citing that the reforms undertaken by the government will

Rupee surges 13 paise against US dollar

The Indian Rupee extended gaining streak against the US dollar on Wednesday amid weak dollar demand by exporters and banks as market sentiment was lifted by Moody's upgrade of India's credit rating. Global rating agency Moody's Investors Service has revised India’s sovereign rating to Baa2 from Baa3 with stable outlook, citing that the reforms undertaken by the government will

Dollar dips, weighed down by sagging long-term U.S. yields

By Shinichi Saoshiro

TOKYO - The dollar dipped against its peers on Wednesday, weighed down as U.S. Treasury yields failed to rise despite increasing investor risk appetite in broader financial markets.

The dollar index against a basket of six major currencies was 0.05 percent lower at 93.896.

The index fell back from a one-week high of 94.165

Rupee gains 9 paise against dollar to 65.05

The Indian Rupee was trading higher against the US dollar on Tuesday amid weak dollar demand by exporters and banks after global rating agency Moody's Investors Service upgraded India’s sovereign rating to Baa2. Moody's has revised India’s sovereign rating to Baa2 from Baa3 with stable outlook, citing that the reforms undertaken by the government will improve the business cl

Analysis: Bumper profits, government pressure to drive Asia's dividend bonanza

By Patturaja Murugaboopathy

Dividend payouts by Asia's biggest companies are poised for their biggest increase in six years as profits surge and pressure grows on firms to be more generous with their shareholders.

Across Asia, dividend payouts in 2017 are expected to grow by 12 percent year-on-year, a Reuters analysis showed, marking the largest increase in payouts since

Rupee slips 8 paise at 65.42 against greenback

The Indian Rupee was trading lower against the US dollar on Thursday due to strong demand of American currency by banks and importers, while sustained fund outflows by foreign portfolio investors also weakened local currency. The investors also weighed rise in CPI and WPI inflation which dimmed hope for interest rate cut by the Reserve Bank of India. At the Interbank Foreign Exchange Market, th

Rupee down 3 paise against US dollar

The Indian Rupee continued losing streak against the US dollar on Monday due to strong demand of American currency by banks and importers and sustained outflows by foreign portfolio investors. Adding to it, volatility in crude oil prices due to political upheaval in Saudi Arabia also boosted fresh demand for dollar. At the Interbank Foreign Exchange Market, the local currency was down by 3 pais

Rupee extends fall against US dollar

The Indian Rupee continued losing momentum against the US dollar on Wednesday due to strong buying of American currency by banks and importers amid sustained outflows by foreign portfolio investors. Adding to it, rise in crude oil prices due to political upheaval in Saudi Arabia also boosted fresh demand for dollar.

At the Interbank Foreign Exchange Market, the local currency was down

Rupee slips 10 paise on fresh dollar demand

The Indian Rupee extended losing streak against the US dollar on Tuesday due to strong buying of American currency by banks and importers amid sustained outflows by foreign portfolio investors. Adding to it, weakness in the domestic equity market and rise in crude oil prices amid political upheaval in Saudi Arabia also boosted fresh demand for dollar.

At the Interbank Foreign Exchange

Rupee up 3 paise at 64.78 against US dollar

The Indian Rupee was trading higher against the US dollar for the fifth straight session on Friday amid weak dollar demand by exporters and banks. According to forex dealers, dollar was under pressure after the Federal Reserve maintained status quo in its latest policy review, while investors digested the Republicans' tax-reform plan and nomination of Jerome Powell as the next Federal Reser

Rupee extends rally against greenback for fourth session

The Indian Rupee extended gaining streak against the US dollar for the fourth straight session on Thursday amid weak dollar demand by exporters and banks. According to forex dealers, dollar was under pressure after the Federal Reserve maintained status quo in its latest policy review, while uncertainty about prospects of US tax cuts also hurt greenback

. The investors also cheered rob

Rupee extends rally against greenback on ease of doing biz

The Indian Rupee continued gaining momentum against the US dollar on Wednesday amid weak dollar demand by exporters and banks and strong rally in equity market after India jumped 30 spots to 100 in World Bank’s ease of doing business ranking for 2018. According to forex dealers, dollar was under pressure ahead of Federal Reserve two-day policy meeting at which it is expected to leave rate

Rupee further strengthens against US dollar

The Indian Rupee extended gaining streak against the US dollar on Tuesday amid weak dollar demand by exporters and banks. According to forex dealers, dollar was under pressure as the euro surged after the European Central Bank announced to extend its stimulus programme while unrest in Spain's Catalonia also hurt greenback.

Adding to it, dollar was also affected by a report that US