Trend Rupee and Forex Movement - Latest news, views and updates

TREND | 26 Apr 2024

Daily Currency & Commodities Outlook

ICICI Direct

• Spot gold prices trimmed its earlier gains amid higher US treasury
yields but prices managed to settle higher after the US advance GDP
numbers indicated slower growth in the first quarter
. Meanwhile, rise
in advance GDP price index the broadest inflationary indicator raised
the bets that Fed would not cut the rates before September.

Rupee and Forex Movement

TREND | 25 Apr 2024

Daily Currency & Commodities Outlook

Rupee and Forex Movement

ICICI Direct

Spot gold prices steadied near $2320 as most investors remained
cautious ahead of the key economic numbers from US, which would
bring more clarity on future interest rate path. Meanwhile stronger dollar and higher US treasury yields checked the upside in the bullions
.

Rupee and Forex Movement

TREND | 24 Apr 2024

Daily Currency & Commodities Outlook

Rupee and Forex Movement

ICICI Direct

Spot Gold prices settled lower and hit the lowest level in last
2 weeks amid reduced safe haven demand as geopolitical tension eased in the
Middle east. However, prices recovered its losses towards later part
of the day after weaker than US manufacturing and service PMI data
weighed on the dollar and treasury yields and supported the rebound in bullions.

Rupee and Forex Movement

TREND | 23 Apr 2024

Moneycontrol Pro Panorama | India at big club threshold

Moneycontrol

In today's edition of Pro Panorama: Rupee's resilience, economy on a strong footing, how to have a balance in energy mix and more

Rupee and Forex Movement

TREND | 22 Apr 2024

IndusInd Bank Implements E-Rupee Transaction In Maharashtra's Ratnagiri District

NDTV Profit

Under the 'programmability' feature, the end use of funds is programmed by a bank so as to avoid any misuse.

Rupee and Forex Movement

TREND | 20 Apr 2024

Market falls 1.5% amid geopolitical tension; rupee hits record low

Moneycontrol

The Indian rupee touched record low 83.57 during the week and ended marginally lower at 83.47 on April 19 against its April 12 closing 83.42.

Rupee rises 4 paise to close at 83.48 against US dollar

Moneycontrol | 19 Apr 2024 5 more

Rupee and Forex Movement

TREND | 16 Apr 2024, 09:01PM

Rupee sinks to record closing low of 83.54 against dollar

Business Line

The weakness in the rupeecame amid a stable dollar index, escalating geopolitical tension and continuous selling from FIIs

Rupee falls 14 paise to close at 83.57 against US dollar

Business Line | 16 Apr 2024 6 more

Rupee and Forex Movement

TREND | 16 Apr 2024

Dollar bulldozes its way through Asian FX with help from yuan

Moneycontrol

China's move to weaken its daily reference rate for the yuan added to the selling pressure, with the Indonesian rupiah, Indian rupee and the South Korean won among the hardest hit.

Indian rupee falls to record low on rising US yields; RBI likely steps in

Moneycontrol | 16 Apr 2024 1 more

Rupee and Forex Movement

TREND | 16 Apr 2024

Rupee-rouble settlement volume up seven times from 2022: Sberbank

Economic Times

India's oil purchases from Russia jumped after the war as New Delhi purchased discounted crude. The share of Russian oil in India's total imports rose to 35% in 2023-24 from 23% in the previous year, according to energy cargo tracker Vortexa.

Rupee and Forex Movement

TREND | 15 Apr 2024

Indian rupee under pressure but avoids record low on possible central bank support

Moneycontrol

The rupee was at 83.4350 to the U.S. dollar at 10:46 a.m. IST compared with 83.4125 in the previous session. The domestic currency has traded in a 2 paisa range so far, managing to hold above the 83.4550 record low, which was hit earlier this month.