US Dollar

Indian Rupee Rises Against Dollar But Faces Headwinds From US Yields

The Indian rupee rose on Monday, but higher near-maturity US Treasury yields were expected to limit the upside for the currency. The rupee was at 82.61 against the US dollar by 10:35 a.m. IST, compared with 82.6475 in the previous session. The domestic currency reached an intraday high of 82.5325. The two-year US Treasury yield […]

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Export National News

Weaker Rupee Will Improve India’s Export Competitiveness, Says BoB Report

Amid the ongoing concerns of global economic slowdown and a possible recession in the United States (US), the Bank of Baroda in a report on Saturday has said that a weaker rupee will improve India’s export competitiveness. According to government data, India’s exports reportedly contracted by 15.88 per cent to USD 32.25 billion in July […]

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News Trade

Rupee Rises 18 p to 81.93 Against US Dollar In Early Trade

The Indian rupee rose 18 paise to Rs 81.94 against the US dollar on Thursday morning. In the domestic market, BSE Sensex was down 43 points to 60,349.14 while NSE Nifty lost 10 points to 17,802.55 on Thursday morning. BSE Financial Services, BSE FMCG, S&P BSE Energy was trading in the positive territory while BSE […]

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