Monday, 31 December 2018

Rupee Opens Higher At 69.78 Per US Dollar; 10-Year Bond Yield Falls To 7.37%

The rupee gained further strength and opened 15 paise higher at 69.78 per US dollar from the previous close. On the other hand, in the bond markets, the 10-year government yield started at 7.37% against a previous close of 7.39%. The rupee rose 40 paise to finish at an over one-week high of 69.95 per US dollar on strong dollar buying by exporters and banks amid weakness of US currency overseas. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Friday, 28 December 2018

Rupee Rebounds To Open 30 Paise Higher At 70.05 Per US Dollar

The Indian rupee opened higher at 70.05 against the US dollar, an appreciation of 30 paise in the currency market from its previous close of 70.35 per US dollar. On Thursday, the domestic currency plunged 29 paise to close at 70.35 against the US dollar amid strengthening of the US currency despite crude oil prices easing. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Thursday, 27 December 2018

Rupee Weakens 16 Paise To 70.24 Per US Dollar In Early Morning Trade

The Indian rupee on Thursday weakened marginally against the US dollar and opened 13 paise lower to 70.20 per dollar, due to an overnight surge of about 8% in the crude oil prices and strengthened dollar against major global currencies. The domestic currency was trading at 70.24 per US dollar, down 16 paise after touching a low of 70.31 per US dollar and a low of 70.20 per US dollar from the Wednesday’s close of 70.08 per US dollar, according to data available with Bloomberg. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Wednesday, 26 December 2018

US Dollar Slips To 4-Month Low Vs Yen Amid Turmoil In Washington

The dollar fell against the safe-haven yen and Swiss franc on Tuesday as investors cut their exposure to riskier assets amid the partial U.S. government shutdown and signs of confrontation between the White House and the Federal Reserve.
The yen also hit a 16-month high against the British pound, trading at 139.90 yen and a four-month high against the euro, at 125.60 yen. The Swiss franc rose 0.2 percent against the dollar to a 12-week high of 0.98355 to the dollar, extending its 0.9 percent rise on Monday, its biggest daily gain in 11 months. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Monday, 24 December 2018

Rupee Opens Flat At 70.18 Per Dollar

The Indian rupee opened flat at 70.18 per dollar on Monday against Friday's close 70.15. 
Rupee in the last few sessions has been strengthening against the US dollar but as the holiday week starts volatility in case of the rupee could start to move lower. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Thursday, 20 December 2018

Asian Shares Pull Back After Fed’s Signals For More Rate Hikes

Asian shares retreated on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes next year, dashing investor hopes for a more dovish policy outlook. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.34 percent, with Australian shares dropping as much as 0.65 percent to two-year lows. Japan’s Nikkei shed 0.8 percent to nine-month lows. In New York, U.S. S&P 500 Index lost 1.54 percent to hit its lowest level since September 2017.
For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 19 December 2018

After A Solid Opening, Rupee Extends Gains Past 70/$

The Indian rupee, on Wednesday, opened over 34 paise higher against the US dollar at 70.10 per US dollar. Falling crude oil prices is aiding the rally on the Indian currency.
The currency further gained strength as it passed 70 per US dollar mark. It touched an intraday low of 69.89 per US dollar. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 18 December 2018

Rupee Opens 22 Paise Up Ahead Of Fed Monetary Policy Decision

Rupee opened 22 paise higher against the US dollar in the early trade on Tuesday ahead of Federal Reserve monetary policy decision. The domestic currency opened at 71.33 a dollar versus the previous close of 71.55 versus the greenback. The 10-year government bond yield stood at 7.426 per cent from the last close of 7.46 per cent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 17 December 2018

Rupee Rises Marginally Against Dollar

The Indian rupee on Monday strengthened marginally against the US dollar after India’s trade deficit narrowed from a month ago due to sharp fall in gold imports. The home currency was trading at 71.84 a dollar, up 0.08% from its Friday’s close of 71.90. The currency opened at 71.85 a dollar. The benchmark Sensex Index rose 0.34% or 120.79 points to 36,083.72 points. Year to date, it has rose 5.6%. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 12 December 2018

Rupee Falls 32 Paise To 72.17 Against US Dollar In Early Trade

The Indian rupee Wednesday plunged 32 paise to 72.17 per US dollar in early trade on the forex market after the appointment of former bureaucrat Shaktikanta Das as the new governor of the Reserve Bank of India. Das Tuesday was named the new governor of the Reserve Bank of India after Urjit Patel abruptly resigned amid a face-off with the government over issues related to governance and autonomy of the central bank. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 11 December 2018

Rupee Nosedives After Urjit Patel’s Resignation As RBI Governor

The Indian rupee registered a huge loss as it slumped nearly Rs 1.10 paise against the US dollar in the early morning trade today, following the RBI Governor Urjit Patel’s shocking exit on Monday evening. The rupee on Tuesday opened at Rs 72.43 per US dollar and was trading at Rs 72.25 against the US dollar, after falling to Rs 72.44 at day’s low. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 10 December 2018

Sensex Slumps 650 Points, Nifty Breaches 10,500 As Exit Polls Predict Close Race

Weak global markets and uncertainty over the outcome of state election results sent Indian markets sharply lower today. The Sensex slumped 650 points to 35,016 while Nifty breached 10,500 levels, down 1.7%. Exit poll results indicate a tight race between BJP and Congress in Madhya Pradesh and Chhattisgarh and an edge for the Congress in Rajasthan. The election results for five states Rajasthan, Telangana, Madhya Pradesh, Mizoram and Chhattisgarh will be announced tomorrow. The rupee fell sharply today to 71.23 a dollar as compared to Friday’s close of 70.82. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961