Jul 16 2018

Rupee extends its losses on Dollar demand by Oil importers

Financial Market Overview 16th July, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee extended losses against the dollar in afternoon session amid lower-than-average trade volumes, on dollar purchases by state-run lenders, likely for oil importers. Weak risk appetite after the country’s June trade deficit widened to a five-year high also weighed on

Jul 16 2018

Rupee edges lower as India’s trade deficit widens to its highest in more than 5 years

Financial Market Overview 16th July, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edge lower against the dollar after the country’s trade deficit widened to its highest in more than five years. Pair USDINR now at 68.56 against 68.52 previous close. Data released late Friday showed that India’s trade deficit widened last

Jul 13 2018

Rupee posted its best week in a month

Weekly Synopsis 13th June, 2018                                                                                   Markets form 09th July to 13th July 2018:- Rupee:- Indian rupee posted its biggest weekly gain in more than a month against the dollar, as slump in global crude oil prices outweighed U.S.-China trade conflict concerns, which boosted the dollar. For the week, rupee ended up 0.50% against

Jul 13 2018

Rupee remained higher and heading for its best weekly gain in six weeks

Financial Market Overview 13th July, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee stayed higher against the dollar in afternoon trade and was heading for its biggest weekly rise in six weeks, as subdued global crude oil prices outweighed broad greenback strength and ongoing trade conflicts between the U.S. and China. The

Jul 13 2018

Rupee opens higher tracking recovery in Asian currencies

Financial Market Overview 13th July, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee open higher against the dollar at 68.37, buoyed by a recovery in most regional currencies and lower-than-expected June retail inflation at home. Pair USDINR now at 68.37 against 68.57 at previous close. We expect the pair to tip in

Jul 12 2018

Rupee extend its gains to more than a week high on Oil collapse

Financial Market Overview 12th July, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee extended early gains against the dollar to a more-than-one-week high in afternoon trade, tracking an overnight slump in global crude oil prices. The rupee was last seen at 68.56 to a dollar, highest since Jul. 4, against 68.77 at