Currency News

Rupee trades flat against US dollar on Friday

Indian rupee was trading almost flat against the US dollar on Friday followed by foreign fund inflows into capital market. Foreign Institutional Investors (FIIs) were net..

Dollar eyes third weekly gain on higher US rate ex..

The dollar stood near a two-month high against its major peers on Friday and was headed for a third weekly gain on expectations that U.S. interest rates could remain high..

Indian rupee caught between rising Fed rate hike o..

The Indian rupee is expected to open little changed on Friday amid increasing probability of another Federal Reserve rate hike next month and the USD/INR's failure to..

Rupee weakens against US dollar on Thursday

Indian rupee weakened against the US dollar on Thursday driven by strong US dollar and weak Chinese Yuan, while worries over the US debt ceiling also pressurizing the dom..

90% cash of Rs 2,000 notes, say fuel bunks in Punj..

Before the announcement of withdrawal of Rs 2,000 banknotes, petrol pump owners in Punjab used to receive just 10 per cent of the daily cash of this denomination. Afte..

Dollar ascendant amid resilient US economy, haven ..

The dollar pushed to a two-month high against the euro and a six-month peak versus the yen on Thursday, as a resilient U.S. economy led traders to pare their bets on rate..

Rupee to fall as dollar, US yields rise on debt ce..

The Indian rupee is expected to decline on Thursday as worries over the U.S. debt ceiling boosted demand for the safe haven dollar and sent U.S. yields higher. Non-del..

Rupee strengthens against US dollar on Wednesday

Indian rupee strengthened against the US dollar on Wednesday, supported by foreign fund inflows into the capital market with data showed Foreign Institutional Investors b..

Withdrawal of Rs 2000 currency note to have favour..

The SBI's research report 'Ecowrap' has said that the withdrawal of Rs 2000 currency note is likely to be a non-event but it will have a favourable bearing on..

Dollar hovers near 2-month high as debt ceiling an..

The U.S. dollar held near a two-month high on Wednesday on safe-harbour demand as negotiations over raising the U.S. debt ceiling dragged on with no imminent resolution i..

Rupee to weaken as US debt ceiling anxiety lifts s..

The Indian rupee is expected to decline on Wednesday as the continued impasse over the U.S. debt ceiling soured risk appetite and boosted demand for the safe-haven ..

Rupee strengthens against US dollar on Tuesday

Indian rupee strengthened against the US dollar on Tuesday tracking foreign fund inflows into the capital market. Foreign Institutional Investors (FII) purchased Indian s..