Currencywatch

Showing of 1 - 20 from 290 results
Currencywatch - Total results - 290
Yuan devaluation effect: Will 65-66 be the new normal for the rupee?
Business

Yuan devaluation effect: Will 65-66 be the new normal for the rupee?

The fall of the rupee is evidently due to the Chinese devaluation that has affected all countries.

Rupee hits 2-month low ahead of RBI policy review
Economy

Rupee hits 2-month low ahead of RBI policy review

The rupee hit 62.90 in early trade, its lowest level since Nov. 22, as Asian stocks trading with heavy losses. The pair last trading at 62.77/78 vs Friday's close of 62.66/67.<br /><br />

Rupee rises 23 paise to 62.07 against dollar
Investing

Rupee rises 23 paise to 62.07 against dollar

The rupee bounced back and ended at the day's high of 62.07, a rise of 23 paise or 0.37 percent.

Why NRIs should bet on rupee in 2014
Economy

Why NRIs should bet on rupee in 2014

NRIs have a problem - they want to invest in India but are overcome by the fear a rupee fall. India is attractive for them because the rupee interest rates are higher than those on the dollar and euro.<br /><br />

 Why outlook for rupee is positive in 2014
Economy

Why outlook for rupee is positive in 2014

A strong rupee coupled with falling forward premium rates will make bonds attractive to FIIs leading to strong inflows into the debt market. FIIs have invested close to $1 billion in bonds in December 2013 and this trend is likely to continue in 2014.

Poll shows rupee may weaken to 64/dollar on Fed worries
Economy

Poll shows rupee may weaken to 64/dollar on Fed worries

Analysts in the poll were less optimistic about the rupee's prospects than they were in a similar poll last month, but said the currency is unlikely to weaken to the record low levels seen in August due to an improvement in the country's current account deficit.<br /><br />

Rupee gains past 62/dollar on US Fed, China optimism
Economy

Rupee gains past 62/dollar on US Fed, China optimism

The rupee gained past 62 to a dollar to a near two-week high on Tuesday on heavy selling by foreign banks on behalf of their overseas clients.<br /><br />

Fed taper fears: Decoding why rupee is crawling toward 64
Economy

Fed taper fears: Decoding why rupee is crawling toward 64

The rupee is likely to remain under pressure as investors worried about a cutback to the Federal Reserve's easy-money policies are once again pulling back from emerging markets like India, sparking a currency selloff that echoes the May to August rout.

Rupee at 63: Why it may gain from ECB's rate cut
Economy

Rupee at 63: Why it may gain from ECB's rate cut

The rupee has been hit by inflation and current account deficit that touched record highs of 4.8 percent of GDP in 2012-13. The markets have not favoured the rupee despite the interest rate differentials between India, the US and Eurozone.<br /><br />

Forget about more gains, rupee likely to stay around 62 until elections
Economy

Forget about more gains, rupee likely to stay around 62 until elections

The rupee will struggle to gain any ground in the next 12 months due to uncertainty around elections, the external deficit and the impact of a possible tapering in the Federal Reserve's stimulus programme, a Reuters poll showed.<br /><br />

Rupee ends at 62.39, lowest close since 1 October
Economy

Rupee ends at 62.39, lowest close since 1 October

The Indian rupee at over a month low today tracking global gains in the dollar after an upbeat report on U.S. services sector activity kept alive some expectations the Fed might scale back stimulus as soon as next month.<br /><br />

Rupee opens at 61.94; experts say it may touch 70
Economy

Rupee opens at 61.94; experts say it may touch 70

Rupee opened at 61.94 per dollar versus 61.74 on Friday

Why rupee is vulnerable to manipulation in spot market
Economy

Why rupee is vulnerable to manipulation in spot market

The foreign exchange market is considered the most liquid and transparent in the world. However, recent investigations into alleged manipulation of the foreign exchange rates is a reminder that transparent exchange-based systems alone are not enough to ensure fairness<br /><br />

Euro hitting 2-year high against dollar good news for rupee
Economy

Euro hitting 2-year high against dollar good news for rupee

The rupee, which had weakened to record lows against the dollar in August, should gain comfort from the strong euro as it signifies rising risk appetite in the market.

Sensex ends at 3-yr high, don't get excited by this 500 point rally
Economy

Sensex ends at 3-yr high, don't get excited by this 500 point rally

The dollar nursed losses near an eight-month low against a basket of currencies on Friday as traders focused on the economic impact of an acrimonious showdown in Washington that dragged the United States to the brink of a debt default.<br /><br />

Don't celebrate rupee gain, expect it to touch 65 after Sep rally
Economy

Don't celebrate rupee gain, expect it to touch 65 after Sep rally

The rupee's recovery against the dollar last month will not last, according to foreign exchange strategists polled by Reuters, who see the parlous state of the country's finances undermining the currency with US monetary stimulus about to be cut back.

Indian rupee fell 8.7% in August, worst performer globally
Economy

Indian rupee fell 8.7% in August, worst performer globally

The fall in rupee value against the US dollar was the worst compared to its peers across Asia, Americas, Africa, Europe and the Middle East in August, as per the latest data compiled by the World Federation of Exchanges (WFE).

Fed's surprise decision pushes rupee to one-month high
Economy

Fed's surprise decision pushes rupee to one-month high

The Fed's move also means that the RBI will have greater flexibility if it wants to roll back some of the cash tightening steps it initiated since mid-July to stabilise the plunging rupee.

Rupee falls most in 2 weeks; Fed policy outcome in focus
Economy

Rupee falls most in 2 weeks; Fed policy outcome in focus

The outcome of the Fed's meeting will be a key determinant of what the Reserve Bank of India chooses to do at its monetary policy review on Friday.

Rupee at a month-high, up 65 paise on easy Sebi investment norms
Investing

Rupee at a month-high, up 65 paise on easy Sebi investment norms

Bankers and exporters preferred to reduce their dollar positions on expectations more foreign capital would flow into the equity market.