|
You are here : Home >> Currency Street >> Report |
|
|
| |
Rupee draws support from equity market |
| |
|
|
| |
The Indian rupee appreciated by seven paise to 43.22 against the greenback in morning trade today, amid soaring crude oil prices and better trend in equity markets.
At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed higher at Rs 43.25/26 per dollar from its previous close of Rs 43.29/31 per dollar and later improved to Rs 43.22/23 per dollar in late morning deals.
Forex dealers said the rupee drew support from a firm trend in local equity market but was still under pressure due to fresh surge in crude oil prices, which was trading at $145.39 per barrel in Asian trade this morning.
|
|
|
| |
|
|
|
|
| FOREX Reports |
|
| |
Rupee closes in the red |
| |
Indian rupee ended trading Friday Rupee at 44.65/66 per dollar, from the previous close of 44.35/36, as losses in the local share market raised concerns about further foreign fund outflows.
|
 |
| |
Rupee nosedives to 21 month low |
| |
Indian rupee nosedived to its lowest in 21 months on Friday as a stock market slide triggered concerns of further foreign fund outflows. |
|
| |
Japanese foreign reserves decline in August |
| |
Asia’s largest economy, Japan’s foreign exchange reserves declined for the first time in three months at the end of August, the Japanese Finance Ministry said.
|
|
|
More> |
|
|
|
|
|
|
| Technical Calls |
|
| |
Commodities recap - evening of 5th Sept, 2008 |
| |
Bullions remained subdued in morning session although they eased little and slides below $800, drop in crude pressurized gold. Precious metal stayed under pressure on the dollar's strength and weaker oil prices. |
 |
| |
Flashback-Energy-5th Sept, 2008 |
| |
Crude Oil prices fell yesterday by more than $1, as concern over falling demand outweighed unexpected drop in crude oil inventories. |
|
| |
Status Report of Commodities for Sept 5, 2008 |
| |
Gold fell for the fourth straight day as the euro weakened against the dollar, eroding the appeal of the precious metal as an alternative investment. Silver was little changed. The euro fell as much as 1.2 percent against the dollar after the Europea |
|
|
More> |
|
|
|
|
|
|
|
|
| 
FeedBurner
