May 22 2018

Rupee stays higher on weak Dollar

Financial Market Overview 22nd May, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee remained higher against the dollar in afternoon trade and was headed for its first gain in three sessions, tracking an overnight selloff in the greenback ahead of the release of the Federal Reserve’s latest policy meeting minutes tomorrow. The

May 22 2018

Rupee higher as Dollar index rally pauses

Financial Market Overview 22nd May, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee opens higher at 68.0225 against the U.S. currency after the dollar index pulled back from its highest level this year. Pair USDINR now at 67.94 against 68.12 previous close. Pair to tip in range between 67.85-68.10. Indian Equities:- Benchmark

May 21 2018

Rupee stays near 16-month low; Indian equities slipped for 5th straight session

Financial Market Overview 21st May, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee was headed for a second consecutive session of losses against the dollar, in line with Asian peers, after comments from the top U.S. Treasury official eased fears of a full-blown trade war between the U.S. and China. Rupee was

May 18 2018

Rupee off lows on likely RBI intervention

Financial Market Overview 18th May, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee came off the day’s low against the dollar in afternoon trade, as state-run banks sold the greenback likely on behalf of the central bank, limiting losses triggered after higher U.S. Treasury yields and crude oil prices. The rupee was

May 18 2018

Rupee lower as rising US. treasury yields lifted Dollar index

Financial Market Overview 18th May, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee is trading lower against the U.S. currency in early trades, as rising Treasury yields lifted the dollar index to four-month highs. Pair USDINR now at 67.88 against 67.78 previous close. Pair to tip in range between 67.58-67.94. Indian Equities:-

May 17 2018

Rupee trading little changed tracking asian peers

Financial Market Overview 17th May, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee was trading little changed against the dollar in afternoon trade, mostly tracking other Asian peers that pared early gains to trade lower. Concerns around impact from higher global crude oil prices and dollar purchases by foreign and state-run banks,