Economic data unlikely to sway equity markets

A historical study of market movement in the last six months shows that markets have moved in opposite direction to that of economic data.

Rupee unlikely to depreciate further this week: Experts

After touching an 11-month low of 56.50 per dollar, rupee is unlikely to weaken further and may trade in 56-level this week, experts said.

Rupee hits one-year low; trading at 56.53 Vs dollar

Besides, a weak opening in the local equity market put pressure on the rupee but the euro's gain against the dollar, capped the losses, traders said.

Rupee slumps to new 10-mth low at 56.38 against dollar

The rupee, which fell for the third straight day, ignored the USD 140 million capital inflows in equities. Forex dealers said there was no sign of RBI intervention in forex market.

Rupee trims early gains against dollar, still up by 3 paise at 56.15 vs dollar

Dealers said selling of dollars by exporters and euro’s gains against the American currency mainly supported the rupee.

Indian rupee hits 10-month low; hovering at 56.24 Vs dollar

The rupee last traded lower by 28 paise at 56.24 per dollar, its weakest since July 25, 2012.

Rupee down 16 paise at 55.57 vs dollar in late morning trade

Forex dealers said dollar strengthening against other currencies in the global market also put pressure on the rupee but sustained rise in domestic equities capped the fall.

Rupee falls for 6th day, down 4 paise at 55.63 on USD demand

On a weekly basis, the rupee fell by 1.36 percent or 75 paise as dollar demand outweighed supply and stocks fell.

Rupee partially recovers after sinking below 56-mark

After sinking below 56-mark in early trade on heavy dollar demand, the rupee today erased some losses but still ended 13 paise lower at fresh six-month low of 55.59 amid signs of capital inflows in battered equities and exporters selling the American currency to book profits..

Rupee snaps initial gain, down 4 paise at 55.45 vs dollar

Strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported the rupee, dealers said.

Rupee trims early gains, still up by five paise at 55.06 vs dollar

Rupee had lost 23 paise to close at five-month low of 55.11 a dollar yesterday.

Rupee falls below 55 level against dollar; down by 12 paise

The rupee opened weak at 55.06 per dollar as against the previous closing level of 54.88 at the Interbank Foreign Exchange (Forex) market.

Rupee up by 10 paise at 54.68 Vs dollar in early trade

The rupee had gained three paise to close at 54.78 in previous session on rally in equities amid signs of massive capital inflows.

Rupee down 8 paise at 54.81 vs dollar in early trade

Forex dealers said dollar strengthening against other currencies in the global market also put pressure on the rupee.

Rupee trims losses vs dollar, still down by 8 paise

However, it trimmed its losses and was quoted at 54.26 per dollar at 1040 hrs on some selling of dollar by exporters in view of sustained foreign capital inflows into equity.

Rupee down 17 paise to 53.98 Vs dollar in early trade

The rupee on Friday lost 17 paise to 53.98 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies overseas.

Rupee up 13 paise to 53.67 Vs dollar in early trade

The Forex and money markets were closed yesterday for 'Maharashtra Day'.

Rupee firms up further by 3 paise to 54.19 vs dollar in late morning

Strengthening of the euro against the dollar overseas, also supported the rupee.

Rupee gains 19 paise to 54.19 Vs dollar

The rupee gained by 19 paise to 54.19 against the American currency in the late morning trade on fresh selling of dollars by banks on the back of weakness of dollar in overseas market.

Rupee drops by 16 paise vs dollar in late morning trade

The rupee dropped by 16 paise to 54.12 against the American currency in the late morning trade on fresh dollar demand from banks and importers on the back of higher dollar in the overseas market.