Rupee Falls 34 Paise To 74.20 Against US Dollar In Early Trade

The rupee opened lower at 74.20 against the dollar, registering a fall of 34 paise over its previous close.

Rupee Slips 14 Paise To 73.21 Against US Dollar In Early Trade

Forex traders said weak Asian currencies and strengthening of the greenback in the overseas market were the other factors that dragged down the local unit.

Rupee Opens On Flat Note, Rises 6 Paise To 73.36 Against US Dollar In Early Trade

Foreign institutional investors were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 1,260.59 crore, as per exchange data.

Rupee Surges 23 Paise To 74.70 Against US Dollar In Early Trade

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 157.2 points higher at 48,960.88, and the broader NSE Nifty advanced 72.25 points to 14,653.70.

Rupee Slips 17 Paise To 74.75 Against US Dollar In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.09 per cent to 92.13.

Rupee Surges 10 Paise To 74.37 Against US Dollar In Early Trade

The Indian rupee nosedived 105 paise to mark its biggest single-session drop in over 20 months against the US currency amid concerns over surging COVID-19 cases in the country.

Rupee Falls 20 Paise To 73.58 Against US Dollar In Early Trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.13 per cent to 93.41.

Rupee Slumps 23 Paise To 72.92 Against US Dollar In Early Trade

The domestic unit opened at 72.90 against the US dollar, then lost further ground and touched 72.92, registering a fall of 23 paise over its previous close.

Investors Go Long On Asian Currencies, Indian Rupee Bets At Three-Year High: Reuters Poll

India's economy shrank 23.9% in the three months to June, much more than forecast, pointing to a longer than previously expected recovery, with analysts calling for further stimulus.

Analysts' View: Market Jitters Over Second COVID-19 Wave Are An Overdue Pullback

Markets have ignored the number of new cases and rallied until now because everyone jumped on the economic recovery bandwagon.

Asian Units Up As Slowdown Fears Lift Hopes For Fed Rate Cuts

A current account surplus and strong foreign reserves have helped the baht, Asia's best-performing currency, but extended strength in the unit has put pressure on the export-reliant economy and prompted central bank moves to curb inflows.

Most Asian Currencies Stem Further Losses As Yuan Pulls Off Lows

People's Bank of China's firmer-than-expected yuan fixing helped pull the currency from the lows it touched on Monday, but it still held beyond the 7-per-dollar level that it broke for the first time since the global financial crisis.

Short Bets On Most Asian Currencies Recede On Fed Rate-cut Prospects

An average of 14 analysts were bullish on the Indonesian rupiah even as the country's central bank is expected to go on an easing cycle ahead of a Fed rate cut.

Rupee Falls Tracking Broad Dollar Rally

Rupee Gains 7 Paise Against Dollar In Early Trade