Financial Market Overview
12 Dec 2019 05:52 PM
The Indian rupee was little changed against the dollar, as a likely intervention by the central bank offset corporate and equity inflows. The rupee closed at 70.83 to the dollar in Mumbai, against its previous close of 70.84. The unit traded in a 70
12 Dec 2019 09:19 AM
USD/INR – The Indian rupee opened stronger against the dollar at 70.69 against yesterday’s close of 70.8350, tracking gains in Asian peers following the Federal Reserve’s monetary policy decision. The US Fed yesterday left interest rates unchanged at
11 Dec 2019 06:07 PM
The Indian rupee rose for a sixth session against the dollar, as carry-trade related inflows outweighed the impact of corporate greenback demand.
11 Dec 2019 09:13 AM
The Indian rupee opened at 70.89 compared to yesterday’s close of 70.92. Corporate flows and updates on the U.S.-China trade are the main factors to drive the rupee. In the absence of any major external triggers, trading activity remains subdued
10 Dec 2019 06:00 PM
The Indian rupee gained for a fifth consecutive session and hit a five-week high against the dollar, driven by corporate and carry trade-related inflows.
10 Dec 2019 09:35 AM
The Indian currency opened stronger today at 70.96 compared to Monday’s close of 71.035 as investors focus on foreign currency flows and U.S.-China trade developments ahead of a deadline for additional tariffs on Chinese shipments.