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15 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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The Indian rupee on Tuesday gained marginally to strengthen against the dollar after remaining weak for past two consecutive sessions ahead of trade data. Trade data released yesterday...
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08 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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The Indian rupee depreciated fell sharply by as much as 38 paise to 65.06 against the US dollar (USD) today probably as crude oil prices surged to their highest since mid-2015, raising...
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24 Mar 2017
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Rupee and Forex Movement
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Edelweiss
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Rupee has been rallying since Jan??7. USDINR is currently trading at around 65.40 as against 67.90 in the beginning of January.
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14 Mar 2017
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Rupee and Forex Movement
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Choice India
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07 Mar 2017
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Rupee and Forex Movement
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Choice India
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11 Jan 2017
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Rupee and Forex Movement
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Choice India
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06 Jan 2017
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Rupee and Forex Movement
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Choice India
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24 Nov 2016
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Rupee and Forex Movement
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Edelweiss
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Indian Rupee is now trading at 68.80 which is only a few basis points away from its lifetime low of 68.85. Following are the factors which we feel are making the currency nervous.
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19 Jan 2016
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Rupee and Forex Movement
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HDFC Securities
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Buy
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HCLT reported a solid quarter, with USD revenue up 1.4% QoQ (2.1% CC vs. our estimate of 1.6%) at US$ 1,566mn (our estimate US$ 1,559mn). App services revenue was subdued ( 0.4% QoQ) in comparison to IMS?s growth trajectory ( 2.6% QoQ, 3.4% CC). Rupee depreciation and higher utilisation drove a 65bps QoQ rise in EBIT margin to 20%.
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