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US dollar declines after Fed statement

In the statement released on Wednesday after Fed's two-day policy meeting, the US central bank decided to keep its federal funds rate unchanged amid recent weak economic data and tepid inflation, Xinhua news agency reported.

Rupee slips below 67-mark vs USD as Fed policy outcome looms

Rupee slips below 67-mark vs USD as Fed policy outcome looms

The rupee turned weaker after two straight days of gains and ended below the psychologically key 67-mark in a nervous trading session Tuesday amid uncertainty over the Fed rate-hike action.

Rupee up 5 paise to 66.97 vs USD on cooling Fed rate hike fears

Rupee up 5 paise to 66.97 vs USD on cooling Fed rate hike fears

After a brief overnight fall, the rupee gained ground against the dollar and ended higher by 5 paise at 66.97 Friday on improvement in trade deficit data and easing fears of rate hike by the US Federal Reserve.

Rupee hits 2-week low at 67.02 vs USD on devaluation reports

Rupee hits 2-week low at 67.02 vs USD on devaluation reports

The rupee on Thursday ended below the psychological 67-mark, falling 13 paise to hit over two-week low, on renewed demand for the US dollar amid reports that the Commerce Ministry might propose devaluation of the domestic currency to give a fillip to the exports sector.

Rupee hits 4-month high against USD, gains 15 paise to 66.37

Rupee hits 4-month high against USD, gains 15 paise to 66.37

The rupee on Wednesday appreciated by 15 paise to close at four-month high of 66.37 against the US currency, extending its gaining spree for the sixth session in a row.

Rupee hits near 4-month peak of 66.52 vs USD

Rupee hits near 4-month peak of 66.52 vs USD

The rupee on Tuesday soared by a whopping 30 paise to end near four-month high of 66.52 on sliding dollar value after weaker-than-expected US jobs data eased fears of an imminent rate hike by the Federal Reserve.

Oil prices rebound on weaker dollar despite bigger-than-expected US stock build

Oil prices rose in early Asian trade on Thursday, rebounding on a weaker U.S. dollar after falling around 3 percent or more in the previous session following a surprisingly large build in U.S. crude and distillate stocks last week. 

Rupee rebounds 6 paise to 67.05 vs USD

Rupee rebounds 6 paise to 67.05 vs USD

Rupee regained its strength after a brief dip and ended higher by 6 paise at 67.05 against the greenback Thursday on bouts of dollar selling by banks and exporters.

Rupee rules firm for 3rd day, up 10 paise to 67.04 Vs USD

Rupee rules firm for 3rd day, up 10 paise to 67.04 Vs USD

The rupee continued to rule firm for the third day Thursday, moving up by another 10 paise to 67.04 per dollar on persistent selling of the American currency by banks and exporters in view of sustained foreign capital inflows into domestic equities.

 

Oil dives 2%, heads for weekly loss as US rigs rise

Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows.

Rupee hits 1-week high of 67.08 vs USD, gains 9 paise

Rupee hits 1-week high of 67.08 vs USD, gains 9 paise

Maintaining its upbeat momentum, the rupee on Friday firmed up by another 9 paise to end at a fresh one-week high of 67.08 against the US dollar amid sustained selling of the American currency by banks and exporters.

 

LIVE Brexit fallout: Europe triggers sell-off, Sensex falls over 100 points

LIVE Brexit fallout: Europe triggers sell-off, Sensex falls over 100 points

Get the LIVE updates of India's stock market, rupee and gold.

Rupee feels Brexit heat, sinks to 4-month low at 67.96 Vs USD

Rupee feels Brexit heat, sinks to 4-month low at 67.96 Vs USD

The domestic currency hovered in a range of 67.78 and 68.22 during the day.

Govt, RBI seek to soothe wracked investor nerves after Brexit

Govt, RBI seek to soothe wracked investor nerves after Brexit

Seeking to calm turbulent markets following Brexit, government and RBI on Friday said India's sound macro economic fundamentals backed by planned structural reforms and firewalls will help it weather any major fallout of UK's leaving the European Union.

LIVE Brexit shock: Markets pare early losses; Sensex still down over 700 points

LIVE Brexit shock: Markets pare early losses; Sensex still down over 700 points

Indian markets dropped sharply on Friday with early referendum results indicating Britain would leave the European Union.

Rupee weakens further to 67.48 Vs USD

Rupee weakens further to 67.48 Vs USD

Extending losses against the American currency for the second straight day, the rupee dropped by another 17 paise to close at 67.48 on persistent dollar demand from banks and importers amidst weakness in equities.

Forex reserves down by $231 million to $363.23 billion

Forex reserves down by $231 million to $363.23 billion

After touching a record high last week, the country's foreign exchange reserves declined by USD 231 million to USD 363.233 billion in the week ended June 10, Reserve Bank said on Friday.

RBI Governor Raghuram Rajan faces ghosts of rupee's past

The looming expiration of an emergency liquidity measure introduced during India`s 2013 currency crisis comes at a risky time for the rupee, with about USD 20 billion in deposits expected to leave the country as global investment appetite worsens.

Dollar tumbles on dismal US jobs report

The dollar lost 2.0 percent to $1.1364 per euro, and fell 2.1 percent to 106.63 yen.

Rupee snaps 9-day slide, rebounds 42 paise to 67.33 Vs USD

Rupee snaps 9-day slide, rebounds 42 paise to 67.33 Vs USD

Breaking its nine-day slide -- the longest since 2007 -- the rupee turned around in style against the dollar to close at 67.33 after selling in the US currency by exporters accelerated.