Jan 19 2018

Rupee opens higher tracking asian cues and lower Oil prices

Financial Market Overview 19th January, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee trade higher against the dollar in early session, tracking gains in most Asian currencies and a fall in global crude oil prices, even as the U.S. Congress passed a short-term spending bill to avoid government closure. Pair USDINR now

Jan 18 2018

Rupee off lows as Dollar sales offset importers demand

Financial Market Overview 18th January, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee came off day’s low against the dollar in afternoon trade, as banks stepped up greenback sales for their custodian clients and local shares continued their record run, tempering losses triggered by demand from refiners and other importers. The rupee

Jan 17 2018

India Rupee Gains On Additional Borrowing Cut; RBI Steps In

Financial Market Overview 17th January, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- USD/INR retreats after opening higher as New Delhi cuts additional borrowing requirement for this fiscal year to INR200 billion from INR500 billion. Pair now at 63.77 against 64.08 day’s high and 64.03 previous close. “The lower additional borrowing will ease concerns

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Jan 16 2018

Rupee slips as trade gap widens to multi year high

Financial Market Overview 16th January, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee fell against the dollar in early trade, as the nation’s trade deficit widened to a more-than-three-year high, while a jump in global crude oil prices also weighed on sentiment. The rupee was last seen  at 63.68 to a dollar

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Jan 15 2018

Rupee higher on weak Dollar and upbeat India’s industrial production

Financial Market Overview 15th January, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- The Indian rupee is trading higher against the dollar in opening session, in-line with most Asian currencies, tracking broad weakness in the dollar and as local industrial output rose at the fastest pace in over two years. Pair USDINR now at

Jan 13 2018

Rupee posted worst weekly fall since November 2017

 Weekly Synopsis   Date:- 13th January 2018   Markets from 08th January 2018 to 12th January 2018:-   Indian Rupee:-   Indian rupee posted its biggest weekly fall in about nine weeks, as importers stepped up dollar purchases amid a steady rise in global crude oil prices that could stoke inflation. For the week, the