Aug 20 2018

Indian rupee rises the most In 2 Months

Financial Market Overview 20th August, 2018 Evening Coffee:-                                                                                   MARKETS AT CLOSE:- Rupee:- Indian rupee rebounded from last week’s record low to log its biggest single-session rise in nearly two months against the dollar, as risk appetite was buoyed by optimism ahead of trade talks between the U.S. and China likely this week. Bunched-up

Aug 20 2018

Indian Rupee Extended Gains On Bunched-Up Dollar Inflows

Financial Market Overview 20th August, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee extended gains against the dollar in afternoon trade, as foreign banks sold the greenback owing to bunched-up inflows after a long weekend, while anticipation of easing trade tensions between the U.S. and China boosted most Asian currencies. The

Aug 16 2018

India Rupee At Record Low Tracking Non-Deliverable Forwards

Financial Market Overview 16th August, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee extended losses and hit another record low in afternoon trade, tracking a jump in USD/INR non-deliverable forwards, even as most Asian currencies recouped losses on reports of trade talks between the U.S. and China later this month. The

Aug 16 2018

Rupee opens at record low of 70.19

Financial Market Overview 16th August, 2018 Rupee:- The Indian rupee started off the session on a weak note, hitting a fresh record low of 70.19 to the dollar on Thursday. It fell 29 paise compared to Tuesday’s close. On Tuesday, the currency hit 70 to the dollar for the first time, falling 15 paise intraday

Aug 14 2018

Rupee – a septuagenarian now

Financial Market Overview 14th August, 2018 Noon Update:-                                                                                   Markets at Noon:- Rupee:- Indian rupee finally braced the 70 mark to dollar and hit an all time low of Rs 70.1 to the greenback as concerns about Turkey’s economic woes persisted. The rupee was last seen at 69.9350 to a dollar, same as yesterday’s