Jan 16 2019

Rupee At 1-Month Low On Fiscal Worries

Financial Market Overview 16th January, 2019 Evening Coffee                                                                         Indian Rupee:- The Indian rupee fell for a fourth straight session to a month-low against the dollar, as concerns the federal government may deviate from fiscal consolidation path weighed on local bonds, increasing fears of more foreign fund outflows. The rupee settled at 71.24 to

Jan 15 2019

Rupee Down For 3rd Day On Importers’ Bids And Europe In Focus

Financial Market Overview 15th January, 2019 Evening Coffee                                                                         Indian Rupee:- The Indian rupee slipped for a third straight session to a fresh near-one-month low against the dollar, as importers stepped up greenback purchases, while weak German growth data weighed on the euro, lifting the U.S. currency. The rupee settled at 71.04 to a

Jan 15 2019

Rupee Opened Higher On Tepid Inflation

Financial Market Overview 15th January, 2019 Morning Coffee:-                                                                         MARKETS AT OPEN:- Rupee:- The Indian rupee opened higher against the dollar after consumer inflation in Asia’s third-largest economy eased to an 18-month low. The dollar’s decline against major currencies and regional peers is also expected to aid the local currency. The Rupee opened at

Jan 14 2019

Rupee Opened Flat Amid Equity, Crude Oil Fall

Financial Market Overview 14th January, 2019 Morning Coffee:-                                                                         MARKETS AT OPEN:- Rupee:- The Indian rupee opened little changed after regional equities floundered after last week’s advance, offsetting a retracement in Brent crude oil. The rupee opened at 70.48 versus its previous close of 70.49. The rupee is looking at a week in which

Jan 11 2019

Rupee Opened Flat After Powell Repeats “Patient” Comment

Financial Market Overview 11th January, 2019 Morning Coffee:-                                                                         MARKETS AT OPEN:- Rupee:- The Indian rupee opened little changed against the dollar mirroring the quiet performance of its regional peers after Federal Reserve Chairman Jerome Powell once again said muted inflation allows the U.S. central bank to be patient on interest rates. The rupee