ICICI Direct, The US dollar appreciated by 0.15% on Friday amid a rout across markets due to fears of the impact of soaring inflation.
Buy USDINR; target of : 78.00: ICICI Direct
Rupee inches 3 paise higher to close at 77.53 against US dollar
The rupee finally ended at 77.53, higher by 3 paise over its previous close of 77.56. According to Dilip Parmar, Research Analyst, HDFC Securities, the lack of dollar demand and rebound in domestic equities augur well for the rupee.
Rupee surges 7 paise to 77.49 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 77.51 against the American dollar, then gained further ground to quote at 77.49, registering a rise of 7 paise from the last close.
Rupee slumps 10 paise to close at all-time low of 77.72/USD
At the interbank foreign exchange market, the rupee opened lower at 77.72 against the greenback, and finally settled for the day at 77.72, down 10 paise over its previous close.
Sell GBPINR; target of : 95.50: ICICI Direct
ICICI Direct, The pound dipped yesterday amid strong dollar and weak economic data.
Rupee falls 16 paise to record low of 77.60 against USD
Mumbai, May 18 The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign ..
Indian rupee slips 6 paise to 77.50 against US dollar in early trade
However, a higher opening in the domestic equity market restricted the rupee#39;s fall, they added. At the interbank foreign exchange, the rupee opened weak at 77.57 against the American dollar, then gained some lost ground to quote at 77.50, registering a fall of 6 paise over the last close.
Sell USDINR; target of : 77.25: ICICI Direct
ICICI Direct, The dollar eased for a third straight day by 0.86% yesterday amid uptick in investorsâ appetite for riskier assets.
Indian rupee slumps 14 paise to 77.69 against US dollar in early trade
At the interbank foreign exchange, the rupee opened weak at 77.67 against the American dollar, then lost further ground to quote at 77.69, registering a fall of 14 paise from the last close.
Indian rupee hits record low, market watches for RBI to intervene
The partially convertible rupee was trading at 77.73/74 to the dollar by 0358 GMT, versus Friday#39;s close of 77.45. The 1-month non-deliverable forward was trading at 77.96/97 to the dollar.