Showing posts with label Daily Rupee Update. Show all posts
Showing posts with label Daily Rupee Update. Show all posts

Wednesday, February 6, 2013

Rupee Update : Rupee stays ruling Firm


The Indian rupee pressed on to govern firm in the late morning session by enhancing five paise to 53.11 for every dollar on advertising of dollars by banks in perspective of steady remote capital inflows. 
The rupee continued higher at 53.12 for every dollar as opposite Wednesday's shutting level of 53.16 for every dollar at the Interbank Foreign Exchange Market and solidified further to 53.07 for every dollar before citing at 53.11 for every dollar at 1040 hrs. 

It moved in a reach of 53.07 for every dollar and 53.17 for every dollar throughout the morning bargains. 

Banks and exporters liked to lessen their dollar position on the back of steady remote capital inflows into value market. 

Nonnative institutional gurus acquired stakes worth net Rs 1137.95 crore yesterday according to temporary information from the stock trades. 

In the interim, the Indian benchmark Sensex solidified by 48 focuses, or 0.24 for every penny, to 19,687.52 in the late morning exchange. 

Unrefined petroleum was up in Asian barter today as moguls anticipated the outcomes of an European Central Bank (ECB) gathering and the discharge of exchange information from China. 

New York's principle contract, light sweet unrefined for conveyance in March added on 15 pennies to $96.77 a barrel. 

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Thursday, December 6, 2012

Rupee drops after three sessions : Rupee Update

rupee vs dollar
Reuters Market Eye - Rupee fell after three sessions of gains. The pair was at 54.29/30 versus 54.1350/1450 close on Thursday.
The euro languished at one-week lows against the dollar on Friday, having suffered a major setback after the European Central Bank painted a bleak outlook for the euro zone and discussed cutting interest rates.
Pair, however, may see gains later in the session with the government set to win the retail FDI vote in the upper house after a key ally pledged support. The government is now likely to push legislation such as banking law amendment and the companies bill which will further push reforms and are rupee positive.
Pair has major support at 54.00-54.20 levels while a clear break below 54 should inject more downside momentum opening up move to 53.60, technical charts showed.
Source : in.reuters.com