An aggressive international trade lobbying is required to actively promote Rupee trade with dominant economies
India Must Push Rupee as International Trade Currency, Benefits Far Outweigh Losses
Indian rupee almost flat against US dollar in early trade
Besides, unabated foreign fund outflows and fluctuations in international crude prices weighed on investor sentiments, forex traders said.
Sell USDINR; target of : 76.00 : ICICI Direct
ICICI Direct, The US dollar retreated from its high amid a decline in US treasury yields.
Indian rupee surges 19 paise to 76.31 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 76.41 against the American dollar, then gained further ground to quote at 76.31, registering a rise of 19 paise from the last close.
Buy USDINR; target of : 76.80 : ICICI Direct
ICICI Direct, The US dollar rallied amid surge in US treasury yields and hawkish statement from Fed officials.
Indian rupee slips 6 paise to 76.35 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 76.34 against the American dollar, then lost ground to quote at 76.35, registering a fall of 6 paise from the last close.
Sell GBPINR; target of : 99.05 : ICICI Direct
ICICI Direct, The pound depreciated by 0.37% yesterday amid strong dollar and as world bank slashed its global growth outlook.
Indian rupee surges 23 paise to 75.80 against US dollar post RBI policy decision
Announcing the monetary policy, RBI Governor Shaktikanta Das said the Indian economy has large forex reserves and that it stands ready and resolute to defend the economy.
Buy USDINR; target of : 75.90 : ICICI Direct
ICICI Direct, The US dollar surged amid risk aversion in global markets and rise in US treasury yields.