ICICI Direct, The pound depreciated by 0.35% on Tuesday amid firmer dollar. Further, weaker than expected UK mortgage approvals data added pressure on pound.
Sell GBPINR; target of : 97.85: ICICI Direct
Rupee slips 12 paise to close at 77.66 against US dollar
At the interbank foreign exchange market, the rupee opened lower at 77.65 against the greenback and finally settled at 77.66, down 12 paise over its previous close.
Indian rupee slips 13 paise to 77.67 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 77.65 against the American dollar, then lost ground to quote at 77.67, registering a fall of 13 paise from the last close.
Buy GBPINR; target of : 98.05: ICICI Direct
ICICI Direct, Pound appreciated by 0.24% yesterday on weakness in dollar and rise in risk appetite in the global markets.
Rupee inches 4 paise higher to close at 77.54 against US dollar
Forex traders said the rupee consolidated in a narrow range as elevated crude oil prices and persistent FII outflows weighed on the local unit.
Indian rupee surges 12 paise to 77.46 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 77.53 against the American dollar, then gained further ground to quote 77.46, registering a rise of 12 paise from the last close.
Buy USDINR; target of : 77.50: ICICI Direct
ICICI Direct, The dollar edged lower on Friday by 0.12% as traders pared expectations on US Federal Reserve interest rate hikes and as improving inflation and consumer spending data eased recession fears.
Rupee inches 2 paise higher to 77.59 against US dollar
At the interbank forex market, the rupee opened at 77.60 against the greenback and moved in a range of 77.57 to 77.67 in the dayâs trade.
Indian rupee gains 2 paise to 77.59 against US dollar in early trade
However, rising global crude prices and persistent foreign fund outflows capped the rupee#39;s gain, forex traders said.
Sell USDINR; target of : 77.60: ICICI Direct
ICICI Direct, The US dollar eased by 0.36% yesterday amid a rise in risk appetite in the global markets and disappointing GDP data.