Jamal Mecklai's View On Rupee
Mar 15, 2017
Expect Rupee To Depreciate In 2017: Qi Gao
Jan 11, 2017
On March 20, 2017 11:12 (IST)
The rupee has gained about 2 per cent to a 16-month high in March after PM Modi's landslide state election win, outperforming its Asian peers and all but five of the world's emerging-market currencies.
On March 16, 2017 17:09 (IST)
The Fed's tempered rate outlook has eased worries of a fresh burst of capital outflows from emerging economies such as India.
On March 14, 2017 17:42 (IST)
Prime Minister Narendra Modi's big win in the key battleground state of Uttar Pradesh at the weekend cheered investors who see it giving the greenlight for more business-friendly reforms.
On March 14, 2017 17:05 (IST)
Analysts now expect PM Modi will be emboldened to embark on more reforms including foreign investment in the retail sector.
On March 13, 2017 09:02 (IST)
The rupee strengthened to 66.60/66.61 per dollar, the highest since November 9, from its previous close of 6.7125/66.7225.
On February 24, 2017 11:47 (IST)
Maha Shivratri is celebrated on the new moon day in the month of Maagha, according to the Hindu calendar.
On February 18, 2017 15:53 (IST)
According to the Edelweiss Forex rates annual currency outlook 2017, the outperformance of the rupee is unlikely to continue and US weak dollar policy can create some downside pressure on USD/INR in the near term.
On February 09, 2017 14:23 (IST)
The Reserve Bank's decision not to cut key policy rates is slightly negative for Indian equities and rupee in the near term, says a Nomura report.
On February 01, 2017 20:52 (IST)
Forex market sentiment turned highly buoyant after Finance Minister Arun Jaitley announced a fiscal deficit target that was in line with estimates along with proposal to further liberalize FDI policy.
On January 31, 2017 19:40 (IST)
Expectations of an economically balanced Budget by sticking to its fiscal consolidation path which will give room for the Reserve Bank of India to cut key rates along with robust capital inflows predominantly weighed on the local unit, despite a massive selloff in equities.
On January 09, 2017 18:50 (IST)
Forex market sentiment turned little shaky following lower economic growth projections stoked worries about its ability to meet its year-end growth target.
On January 09, 2017 09:37 (IST)
Sustained capital outflows and dollar's strength against some other currencies overseas also weighed on the local unit but a higher opening in the domestic equity market limited the rupee's fall, forex dealers said.
On January 04, 2017 19:25 (IST)
This is the biggest single day gain in one month. A weak dollar sentiment across the board alongside unwinding of long positions by speculative traders ahead of key US macro data release largely supported the recovery momentum, a forex dealer said.
On January 03, 2017 21:01 (IST)
Resurgent greenback against other currencies overseas alongside uninterrupted capital outflows predominantly kept forex market sentiment shaky for the second straight day.
On January 02, 2017 12:24 (IST)
Besides, the dollar's gain against major world currencies and a weak trend at the domestic equity market also left its mark on the rupee.
On December 19, 2016 10:44 (IST)
Staging a strong recovery, the rupee on Friday had gained seven paise to end at 67.76 against the American currency, a day after succumbing to pressure created by the Federal Reserve's rate hike.
On December 16, 2016 18:09 (IST)
The Indian rupee, which stood at 66.62 to a dollar on November 8, was trading at 67.81 in trade on Friday.
On December 09, 2016 18:59 (IST)
Renewed demand for the dollar from banks and importers alongside some caution ahead of macroeconomic data largely weighed on trade.