Rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while broad weakness in the US currency over the previous week also aided sentiment.

The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62, its strongest level since August 9. It had closed at 69.10 on Friday.

The dollar licked its wounds after soft US data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union.

Other Asian units, however, were trading mixed against the dollar.

"We have seen large (dollar) inflows in the last few days hitting the market. USDINR swap window followed by lower trade deficit added to INR strength," said Paresh Nayar, head of the trading desk at First Rand Bank in Mumbai.

Investors are bullish on the Indian rupee for the first time in nearly a year, a Reuters poll showed last week, as a recent surge in popularity of the country's ruling party is expected to bode well for its alliance in the upcoming national elections.

Foreign inflows into Indian equities and debt markets have surged, with $3.65 billion pouring in this month as of March 15. That compares with inflows of $1.58 billion in February and $788 million outflows in January, according to exchange data.

"I don't think many would have expected such sharp appreciation with the RBI not intervening aggressively and with inflows still lined up, the next support is 68.50," Nayar said.

In a bid to mop up dollars and pump in rupees, the central bank last Wednesday said it would conduct its first dollar/rupee buy-sell swap auction on March 26.

The RBI plans to swap rupees for dollars for a total of $5 billion with domestic banks which is likely to help achieve its twin objectives of pushing interest rates down while also preventing a sharp appreciation in the rupee.

Rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while broad weakness in the US currency over the previous week also aided sentiment.

Rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while broad weakness in the US currency over the previous week also aided sentiment. The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62, its strongest level since August 9. It had closed at 69.10 on Friday. The dollar licked its wounds after soft US data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union. Other Asian units, however, were trading mixed against the dollar. "We have seen large (dollar) inflows in the last few days hitting the market. USDINR swap window followed by lower trade deficit added to INR strength," said Paresh Nayar, head of the trading desk at First Rand Bank in Mumbai. Investors are bullish on the Indian rupee for the first time in nearly a year, a Reuters poll showed last week, as a recent surge in popularity of the country's ruling party is expected to bode well for its alliance in the upcoming national elections. Foreign inflows into Indian equities and debt markets have surged, with $3.65 billion pouring in this month as of March 15. That compares with inflows of $1.58 billion in February and $788 million outflows in January, according to exchange data. "I don't think many would have expected such sharp appreciation with the RBI not intervening aggressively and with inflows still lined up, the next support is 68.50," Nayar said. In a bid to mop up dollars and pump in rupees, the central bank last Wednesday said it would conduct its first dollar/rupee buy-sell swap auction on March 26. The RBI plans to swap rupees for dollars for a total of $5 billion with domestic banks which is likely to help achieve its twin objectives of pushing interest rates down while also preventing a sharp appreciation in the rupee.

Rupee at seven-month high, further gains on the cards

The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows.

Besides, narrowing country's trade deficit and selling of the American currency by exporters supported the domestic currency, dealers said.

The marginal 2.44 per cent increase in exports, as well as lower imports of gold and petroleum products in February, significantly narrowed the country's trade deficit to USD 9.6 billion, according to data released by the commerce ministry Friday.

Extending its gains for the sixth session, the rupee opened higher at 68.92 at the interbank forex market and gained further ground to touch 68.87. However, it pared some gains and was quoting 17 paise higher at 68.93 at 0920 hours.

The rupee Friday had jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities.

Meanwhile, foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 4,323.49 crore on a net basis Friday, as per provisional data.

Meanwhile, the benchmark BSE Sensex was trading higher by 232.31 points, or 0.61 per cent, at 38,256.63.

The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows.

The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows. Besides, narrowing country's trade deficit and selling of the American currency by exporters supported the domestic currency, dealers said. The marginal 2.44 per cent increase in exports, as well as lower imports of gold and petroleum products in February, significantly narrowed the country's trade deficit to USD 9.6 billion, according to data released by the commerce ministry Friday. Extending its gains for the sixth session, the rupee opened higher at 68.92 at the interbank forex market and gained further ground to touch 68.87. However, it pared some gains and was quoting 17 paise higher at 68.93 at 0920 hours. The rupee Friday had jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities. Meanwhile, foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 4,323.49 crore on a net basis Friday, as per provisional data. Meanwhile, the benchmark BSE Sensex was trading higher by 232.31 points, or 0.61 per cent, at 38,256.63.

Rupee appreciates 17 paise to 68.93 against US dollar

The rupee firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets.

Forex dealers said weakness in the dollar against some other currencies overseas as expectations of a trade deal between the US and China, and foreign capital inflows in the domestic equity markets supported the rupee.

At the interbank forex market, the rupee opened with strength at 71 and advanced further to quote 16 paise higher at 70.98 against the dollar.

According to provisional exchange data, foreign portfolio investors (FPIs) bought shares worth a net of Rs 6,311.01 crore on net basis on Friday.

On Friday, the rupee had gained 10 paise to end at 71.14 against the US dollar.

Meanwhile, the benchmark BSE Sensex rose 140.29 points, or 0.38 per cent, to 36,011.77 in opening session Monday.&nbsp;

The rupee firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets.

The rupee firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets. Forex dealers said weakness in the dollar against some other currencies overseas as expectations of a trade deal between the US and China, and foreign capital inflows in the domestic equity markets supported the rupee. At the interbank forex market, the rupee opened with strength at 71 and advanced further to quote 16 paise higher at 70.98 against the dollar. According to provisional exchange data, foreign portfolio investors (FPIs) bought shares worth a net of Rs 6,311.01 crore on net basis on Friday. On Friday, the rupee had gained 10 paise to end at 71.14 against the US dollar. Meanwhile, the benchmark BSE Sensex rose 140.29 points, or 0.38 per cent, to 36,011.77 in opening session Monday.

Rupee gains 16 paise against US dollar amid foreign fund inflows

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.06 and built on the gains to reach 71.02.&nbsp;

Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday.&nbsp;

Foreign institutional investors (FIIs), who had been heavy sellers over the past few sessions, net bought equities worth Rs 713.47 crore Wednesday, provisional data showed.&nbsp;

Brent crude futures, the global oil benchmark, was trading 0.24 per cent higher at US $67.24 per barrel.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 96.52.

Meanwhile, the benchmark BSE Sensex climbed 19.16 points, or 0.05 per cent, to trade at 35,775.42 in early trade Thursday.&nbsp;

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened. At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened. At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.06 and built on the gains to reach 71.02. Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday. Foreign institutional investors (FIIs), who had been heavy sellers over the past few sessions, net bought equities worth Rs 713.47 crore Wednesday, provisional data showed. Brent crude futures, the global oil benchmark, was trading 0.24 per cent higher at US $67.24 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 96.52. Meanwhile, the benchmark BSE Sensex climbed 19.16 points, or 0.05 per cent, to trade at 35,775.42 in early trade Thursday.

Rupee rises 9 paise to 71.02 vs US dollar

The rupee appreciated by another 26 paise to 70.44 against the US dollar in opening trade Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January.

The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported the rupee's up move.

Besides, retail inflation falling to a 19-month low of 2.05 per cent in January over the previous month, and selling of the American currency by exporters supported the rupee, forex dealers said.

Industrial output growth remained subdued at 2.4 per cent in December 2018 on account of contraction in the mining segment and poor show by the manufacturing sector.

The rupee had gained 48 paise to end at a one-month high of 70.70 against the US dollar Tuesday, registering its sixth straight session of gain.

In the last six trading sessions, the rupee has gained 110 paise.

The benchmark BSE Sensex rose 184.68 points, or 0.51 per cent, to trade at 36,338.30.

The rupee appreciated by another 26 paise to 70.44 against the US dollar in opening trade Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January.

The rupee appreciated by another 26 paise to 70.44 against the US dollar in opening trade Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January. The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported the rupee's up move. Besides, retail inflation falling to a 19-month low of 2.05 per cent in January over the previous month, and selling of the American currency by exporters supported the rupee, forex dealers said. Industrial output growth remained subdued at 2.4 per cent in December 2018 on account of contraction in the mining segment and poor show by the manufacturing sector. The rupee had gained 48 paise to end at a one-month high of 70.70 against the US dollar Tuesday, registering its sixth straight session of gain. In the last six trading sessions, the rupee has gained 110 paise. The benchmark BSE Sensex rose 184.68 points, or 0.51 per cent, to trade at 36,338.30.

Rupee gains 26 paise against US dollar in opening trade

The rupee Wednesday appreciated by 8 paise to 71.49 in early trade on the forex market amid a positive opening in domestic equities and fresh foreign fund inflows.

Forex traders said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7.

Moreover, rising crude prices capped the gains for the domestic unit.

At the Interbank Foreign Exchange, the rupee opened higher at 71.56 then gained further ground to touch 71.49 against the US $, showing a gain of 8 paise over its previous closing.

In a very volatile trade, the domestic currency also touched a low of 71.60, showing a loss of 3 paise over its last close.

On Tuesday, the rupee had settled 23 paise higher at 71.57 against the US $.

Foreign funds purchased shares worth Rs 420.65 crore on a net basis, and domestic institutional investors bought shares worth Rs 194.31 crore Tuesday, provisional data showed.

The global benchmark, Brent crude oil was trading at the US $ 62.02 per barrel, higher by 0.06 per cent.

Meanwhile, the domestic equity market opened on a higher note. The 30-share BSE benchmark Sensex was trading at 36,833.84, up 217.03 points in early trade. The wide-based Nifty was also trading up by 65 points at 10,999.35.&nbsp; 
&nbsp;

The rupee Wednesday appreciated by 8 paise to 71.49 in early trade on the forex market amid a positive opening in domestic equities and fresh foreign fund inflows.

The rupee Wednesday appreciated by 8 paise to 71.49 in early trade on the forex market amid a positive opening in domestic equities and fresh foreign fund inflows. Forex traders said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7. Moreover, rising crude prices capped the gains for the domestic unit. At the Interbank Foreign Exchange, the rupee opened higher at 71.56 then gained further ground to touch 71.49 against the US $, showing a gain of 8 paise over its previous closing. In a very volatile trade, the domestic currency also touched a low of 71.60, showing a loss of 3 paise over its last close. On Tuesday, the rupee had settled 23 paise higher at 71.57 against the US $. Foreign funds purchased shares worth Rs 420.65 crore on a net basis, and domestic institutional investors bought shares worth Rs 194.31 crore Tuesday, provisional data showed. The global benchmark, Brent crude oil was trading at the US $ 62.02 per barrel, higher by 0.06 per cent. Meanwhile, the domestic equity market opened on a higher note. The 30-share BSE benchmark Sensex was trading at 36,833.84, up 217.03 points in early trade. The wide-based Nifty was also trading up by 65 points at 10,999.35.

Rupee gains 8 paise to 71.49 vs US dollar

The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.

Forex dealers said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7. However, selling of the American currency by exporters supported the rupee.

The rupee opened strong at 71.72 at the interbank forex market then gained further ground to touch 71.67 per dollar amid a positive opening in domestic equities, displaying gains of the 13 paise against the greenback.

On Monday, the rupee had plunged by 55 paise to close at 71.80 against the US dollar.

Forex traders said, sustained foreign fund outflows and surging crude oil prices restricted the rupee up move.

Foreign funds pulled out Rs 112.13 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 65.22 crore Monday, provisional data showed.

Meanwhile, Brent crude, the global benchmark, was trading higher at 62.79 per barrel higher by 0.45 per cent.

The benchmark BSE Sensex was trading with gains of 29.40 points, or 0.08 per cent to quote at 36,612.14 while the NSE Nifty was trading at 10,920.75, up 8.50 points, or 0.08 per cent.

The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.

The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets. Forex dealers said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7. However, selling of the American currency by exporters supported the rupee. The rupee opened strong at 71.72 at the interbank forex market then gained further ground to touch 71.67 per dollar amid a positive opening in domestic equities, displaying gains of the 13 paise against the greenback. On Monday, the rupee had plunged by 55 paise to close at 71.80 against the US dollar. Forex traders said, sustained foreign fund outflows and surging crude oil prices restricted the rupee up move. Foreign funds pulled out Rs 112.13 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 65.22 crore Monday, provisional data showed. Meanwhile, Brent crude, the global benchmark, was trading higher at 62.79 per barrel higher by 0.45 per cent. The benchmark BSE Sensex was trading with gains of 29.40 points, or 0.08 per cent to quote at 36,612.14 while the NSE Nifty was trading at 10,920.75, up 8.50 points, or 0.08 per cent.

Rupee rises 13 paise to 71.67 vs US dollar

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged.

The US dollar weakened in the overseas market after the Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes.

Besides selling of the American currency by exporters, forex traders said fresh foreign fund inflows and positive opening in domestic equities also supported the rupee up move, while surging crude oil prices restricted the uptrend.

The rupee opened strong at 70.92 at the interbank forex market then gained further ground and touched 70.86 amid weakening of the American currency, displaying gains of 26 paise over its last close.

The rupee Wednesday had weakened by just 1 paise to close at 71.12 against the US dollar.

Foreign funds purchased shares worth Rs 130.25 crore from the capital markets on a net basis, and domestic institutional investors also bought shares worth Rs 502.26 crore Wednesday, provisional data showed. 
Brent crude, the global benchmark, was trading higher at per 62.20 barrel up by 0.89 per cent.

Meanwhile, the benchmark BSE Sensex was trading higher by 246.08 points, or 0.65 per cent to quote at 35,822.38 while the NSE Nifty was trading at 10,705.60, higher by 53.80 points, or 0.51 per cent.

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged.

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged. The US dollar weakened in the overseas market after the Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes. Besides selling of the American currency by exporters, forex traders said fresh foreign fund inflows and positive opening in domestic equities also supported the rupee up move, while surging crude oil prices restricted the uptrend. The rupee opened strong at 70.92 at the interbank forex market then gained further ground and touched 70.86 amid weakening of the American currency, displaying gains of 26 paise over its last close. The rupee Wednesday had weakened by just 1 paise to close at 71.12 against the US dollar. Foreign funds purchased shares worth Rs 130.25 crore from the capital markets on a net basis, and domestic institutional investors also bought shares worth Rs 502.26 crore Wednesday, provisional data showed. Brent crude, the global benchmark, was trading higher at per 62.20 barrel up by 0.89 per cent. Meanwhile, the benchmark BSE Sensex was trading higher by 246.08 points, or 0.65 per cent to quote at 35,822.38 while the NSE Nifty was trading at 10,705.60, higher by 53.80 points, or 0.51 per cent.

Rupee gains 26 paise to 70.86 against US dollar as Fed keeps rates unchanged

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices.

The<a href="http://www.wionews.com/business-economy/rupee-rises-10-paise-against-us-dollar-in-early-trade-192624"> rupee opened</a> strong at 70.99 at the interbank forex market then gained further ground and touched 70.98 amid easing crude prices, displaying gains of 19 paise against the greenback over its last close.

 
The rupee Friday weakened by 10 paise to close at 71.17 against the US dollar.

Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in the domestic equity market restricted the uptrend.

Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 per cent.

Meanwhile, the benchmark BSE Sensex was trading lower by 180.02 points, or 0.50 per cent to quote at 35,845.52 while the NSE Nifty was trading at 10,719.85, down 60.70 points, or 0.56 per cent.

Forex traders said, fresh foreign fund inflows also supported the rupee up move.

Foreign funds purchased shares worth Rs 689.28 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 147.35 crore Friday, provisional data showed.

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices.

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices. The rupee opened strong at 70.99 at the interbank forex market then gained further ground and touched 70.98 amid easing crude prices, displaying gains of 19 paise against the greenback over its last close. The rupee Friday weakened by 10 paise to close at 71.17 against the US dollar. Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in the domestic equity market restricted the uptrend. Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 per cent. Meanwhile, the benchmark BSE Sensex was trading lower by 180.02 points, or 0.50 per cent to quote at 35,845.52 while the NSE Nifty was trading at 10,719.85, down 60.70 points, or 0.56 per cent. Forex traders said, fresh foreign fund inflows also supported the rupee up move. Foreign funds purchased shares worth Rs 689.28 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 147.35 crore Friday, provisional data showed.

Rupee opens 19 paise higher at 70.98 against US dollar

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks.

Dealers said dollar's weakness against other currencies overseas amid fears of a slowing global economy and US government's record-long shutdown and early gains in domestic equity markets supported the rupee.

On Wednesday, the rupee had snapped its three-day losing streak and settled higher by 11 paise at 71.33 against the US dollar.

The benchmark BSE Sensex recovered by 28.27 points, or 0.08 per cent, to 36,136.74 after rising to 36,178.36 in opening trade Thursday.

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks.

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks. Dealers said dollar's weakness against other currencies overseas amid fears of a slowing global economy and US government's record-long shutdown and early gains in domestic equity markets supported the rupee. On Wednesday, the rupee had snapped its three-day losing streak and settled higher by 11 paise at 71.33 against the US dollar. The benchmark BSE Sensex recovered by 28.27 points, or 0.08 per cent, to 36,136.74 after rising to 36,178.36 in opening trade Thursday.

Rupee rises 14 paise against dollar in early trade

The rupee rose 29 paise to 71.15 against the US dollar in early session Wednesday on increased selling of the American currency by exporters and banks amid a positive opening of the domestic equity markets.

At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar.

Besides, the dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported the Indian rupee, forex dealers said.

However, sustained foreign fund outflows capped the gains, they added.

On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar amid strengthening of the greenback and heavy selling in domestic equities.

Foreign portfolio investors (FPIs) sold shares worth a net of Rs 78.53 crore, and domestic institutional investors (DIIs) were sellers to the tune of Rs 84.15 crore Tuesday, provisional data showed.&nbsp;

Meanwhile, the benchmark BSE Sensex rose 37.05 points, or 0.10 per cent, to 36,481.69 after rising to 36,521.47 in opening trade.&nbsp;

The rupee rose 29 paise to 71.15 against the US dollar in early session Wednesday on increased selling of the American currency by exporters and banks amid a positive opening of the domestic equity markets.

The rupee rose 29 paise to 71.15 against the US dollar in early session Wednesday on increased selling of the American currency by exporters and banks amid a positive opening of the domestic equity markets. At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar. Besides, the dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported the Indian rupee, forex dealers said. However, sustained foreign fund outflows capped the gains, they added. On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar amid strengthening of the greenback and heavy selling in domestic equities. Foreign portfolio investors (FPIs) sold shares worth a net of Rs 78.53 crore, and domestic institutional investors (DIIs) were sellers to the tune of Rs 84.15 crore Tuesday, provisional data showed. Meanwhile, the benchmark BSE Sensex rose 37.05 points, or 0.10 per cent, to 36,481.69 after rising to 36,521.47 in opening trade.

Rupee spurts 29 paise against dollar

The rupee edged 5 paise higher to 71.23 against the US dollar in early session at the interbank forex market Tuesday on fresh selling of the American currency by exporters and banks.

Besides, the dollar's weakness against some other currencies amid lingering worries about a global slowdown supported the rupee, forex dealers said.

However, a weak trend in domestic equities in early trade limited the rupee's gain.

On Monday, the rupee had ended lower by 9 paise at 71.28 against the US currency amid the&nbsp;rise in demand for the greenback.

Meanwhile, benchmark BSE Sensex fell 71.47 points, or 0.18 per cent, to 36,507.49 and the NSE Nifty was down by 30.95 points, or 0.29 per cent, at 10,930.90 in opening trade Tuesday.&nbsp;

The rupee edged 5 paise higher to 71.23 against the US dollar in early session at the interbank forex market Tuesday on fresh selling of the American currency by exporters and banks.

The rupee edged 5 paise higher to 71.23 against the US dollar in early session at the interbank forex market Tuesday on fresh selling of the American currency by exporters and banks. Besides, the dollar's weakness against some other currencies amid lingering worries about a global slowdown supported the rupee, forex dealers said. However, a weak trend in domestic equities in early trade limited the rupee's gain. On Monday, the rupee had ended lower by 9 paise at 71.28 against the US currency amid the rise in demand for the greenback. Meanwhile, benchmark BSE Sensex fell 71.47 points, or 0.18 per cent, to 36,507.49 and the NSE Nifty was down by 30.95 points, or 0.29 per cent, at 10,930.90 in opening trade Tuesday.

Rupee rises 5 paise against dollar to 71.23

The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers amid rising crude prices and foreign fund outflows.

At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar.

Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.

However, a positive opening of the domestic equity market capped the rupee's losses, they said.

Brent crude, the international oil benchmark, was trading 0.46 per cent higher at US $62.99 per dollar, its two-month high.

On Friday, the rupee had shed 16 paise to end at 71.19 against the dollar.

Meanwhile, the benchmark BSE Sensex rose 32.76 points, to 32,419.37 in opening session Monday.&nbsp;

The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers amid rising crude prices and foreign fund outflows.

The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers amid rising crude prices and foreign fund outflows. At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar. Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment. However, a positive opening of the domestic equity market capped the rupee's losses, they said. Brent crude, the international oil benchmark, was trading 0.46 per cent higher at US $62.99 per dollar, its two-month high. On Friday, the rupee had shed 16 paise to end at 71.19 against the dollar. Meanwhile, the benchmark BSE Sensex rose 32.76 points, to 32,419.37 in opening session Monday.

Rupee depreciates 26 paise against US dollar in early trade

The rupee Monday recovered by 4 paise to close at 70.14 against the US currency, aided by weak crude oil prices and the dollar's losses in global markets due to political uncertainty in the US.

Crude oil prices remained below the $55 per barrel mark, strengthening the rupee sentiment, a forex dealer said.

The dollar was weak against major currencies in global markets which supported the local currency, the dealer said.

The dollar index, which measures the US currency's strength against a basket of six major global currencies, was down at 96.27 amid growth worries and political uncertainty in the US due to the shutdown.

The rupee opened strong by 8 paise against the US dollar at 70.10 in early trade on dollar selling by exporters and banks.

It gained 30 paise to touch a day's high of 69.88 per dollar in late morning trade as the dollar remained weak in global markets.

The domestic currency, however, trimmed its early gains due to month-end dollar demand and losses in equity markets in the last hour of the trade.

Foreign investors pulled out Rs 577 crore from capital markets Monday, provisional exchange data showed.

The rupee finally ended up by 4 paise or 0.06 per cent at 70.14 per dollar.

Stock markets fell for a third session due to heavy selling in realty, consumer durables, metal and auto counters amid weak global cues. The benchmark <a href="http://www.wionews.com/business-economy/sensex-nifty-drops-272-points-on-global-selloff-186157">BSE Sensex</a> dropped 0.76 per cent while the broader NSE Nifty declined 0.84 per cent to settle below the 10,700 level.

Meanwhile, the Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 70.1757 and for rupee/euro at 79.8824. The reference rate for rupee/British pound was fixed at 88.8710 and for rupee/100 Japanese yen at 63.16.&nbsp;

The rupee Monday recovered by 4 paise to close at 70.14 against the US currency, aided by weak crude oil prices and the dollar's losses in global markets due to political uncertainty in the US.

The rupee Monday recovered by 4 paise to close at 70.14 against the US currency, aided by weak crude oil prices and the dollar's losses in global markets due to political uncertainty in the US. Crude oil prices remained below the $55 per barrel mark, strengthening the rupee sentiment, a forex dealer said. The dollar was weak against major currencies in global markets which supported the local currency, the dealer said. The dollar index, which measures the US currency's strength against a basket of six major global currencies, was down at 96.27 amid growth worries and political uncertainty in the US due to the shutdown. The rupee opened strong by 8 paise against the US dollar at 70.10 in early trade on dollar selling by exporters and banks. It gained 30 paise to touch a day's high of 69.88 per dollar in late morning trade as the dollar remained weak in global markets. The domestic currency, however, trimmed its early gains due to month-end dollar demand and losses in equity markets in the last hour of the trade. Foreign investors pulled out Rs 577 crore from capital markets Monday, provisional exchange data showed. The rupee finally ended up by 4 paise or 0.06 per cent at 70.14 per dollar. Stock markets fell for a third session due to heavy selling in realty, consumer durables, metal and auto counters amid weak global cues. The benchmark BSE Sensex dropped 0.76 per cent while the broader NSE Nifty declined 0.84 per cent to settle below the 10,700 level. Meanwhile, the Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 70.1757 and for rupee/euro at 79.8824. The reference rate for rupee/British pound was fixed at 88.8710 and for rupee/100 Japanese yen at 63.16.

Rupee recovers 4 paise on weak dollar, falling crude 

&nbsp;The<a href="http://www.wionews.com/business-economy/indian-rupee-top-performer-of-2019-185516"> rupee </a>fell by 37 paise to 70.07 against the US dollar in early trade Friday amid strengthening of the US dollar against some currencies overseas and foreign fund outflows.

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee.

The rupee opened lower at 69.93 against the dollar and dropped further to quote at 70.07, 37 paise down over its previous close.

On Thursday the <a href="http://www.wionews.com/business-economy/rupee-slips-24-paise-to-7063-against-us-dollar-in-early-trade-after-us-federal-rate-hike-185411">domestic currency</a> appreciated by 69 paise to close at 69.70 against the US dollar.

Traders said a lower opening in the domestic equity market, rising crude prices and foreign fund outflows put additional pressure on the local unit.

Globally, Brent crude, the international benchmark, was trading 1.27 per cent higher at $55.04 per barrel.

Foreign funds pulled out Rs 386.44 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 87.96 crore Thursday, provisional data showed.

The 30-share index fell 31.70 points, or 0.09 per cent, to trade at 36,399.97. In a similar movement, the NSE Nifty was trading 12 points, or 0.11 per cent, lower at 10,939.70.&nbsp;

Also read:&nbsp;<a href="http://www.wionews.com/business-economy/sensex-falls-100-points-in-early-hours-amid-us-government-shutdown-tension-185589">Sensex falls 100 points in early trade amid US government shutdown tension</a> 
&nbsp;

The rupee fell by 37 paise to 70.07 against the US dollar in early trade Friday amid strengthening of the US dollar against some currencies overseas and foreign fund outflows.

The rupee fell by 37 paise to 70.07 against the US dollar in early trade Friday amid strengthening of the US dollar against some currencies overseas and foreign fund outflows. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee. The rupee opened lower at 69.93 against the dollar and dropped further to quote at 70.07, 37 paise down over its previous close. On Thursday the domestic currency appreciated by 69 paise to close at 69.70 against the US dollar. Traders said a lower opening in the domestic equity market, rising crude prices and foreign fund outflows put additional pressure on the local unit. Globally, Brent crude, the international benchmark, was trading 1.27 per cent higher at $55.04 per barrel. Foreign funds pulled out Rs 386.44 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 87.96 crore Thursday, provisional data showed. The 30-share index fell 31.70 points, or 0.09 per cent, to trade at 36,399.97. In a similar movement, the NSE Nifty was trading 12 points, or 0.11 per cent, lower at 10,939.70. Also read: Sensex falls 100 points in early trade amid US government shutdown tension

Rupee slips 37 paise to 70.07 against US dollar in early trade

The rupee weakened on Thursday tracking Asian peers after the <a href="http://www.wionews.com/business-economy/us-federal-reserve-hikes-interest-rates-wall-street-stocks-tumble-185385">US Federal Reserve's&nbsp;statement hiking interest rates</a> fourth time this year.

The rupee was at 70.57 to the dollar in early trade after opening at 70.68 and weaker than Wednesday's close of 70.39.&nbsp;

On Wednesday, the rupee had settled 5 paise higher at 70.39 against the US dollar.

Foreign funds bought shares worth Rs 1,209.21 crore from the capital markets on net basis on Wednesday, while domestic institutional investors sold shares worth Rs 481.46 crore, provisional data showed.

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, the US central bank instead did it again, and stuck by a plan to keep withdrawing support from an economy it views as strong.

US stocks and bond yields fell hard. With the Fed signalling "some further gradual" rate hikes and no break from cutting its massive bond portfolio, traders fretted that policymakers could choke off economic growth.

Wall Street stocks fell sharply after the Federal Reserve lifted interest rates. The Dow, which had been up nearly 300 points prior to the decision, finished down 350 points, or 1.5 per cent, at 23,323.66. It meant the blue-chip index was at its lowest level of 2018.

The global benchmark, Brent crude oil was trading at $56.49 per barrel, lower by 1.31 per cent.

Meanwhile, the domestic equity market opened on a weaker note. The 30-share<a href="http://www.wionews.com/business-economy/sensex-opens-in-red-after-us-federal-rate-hike-185410"> BSE benchmark Sensex was trading at 36,305.11, down 179.22 points </a>in early trade. The wide-based Nifty was also trading lower by 51.95 points at 10,915.35. 
&nbsp;

The rupee weakened on Thursday tracking Asian peers after the US Federal Reserve's statement hiking interest rates fourth time this year. The rupee was at 70.57 to the dollar in early trade after opening at 70.

The rupee weakened on Thursday tracking Asian peers after the US Federal Reserve's statement hiking interest rates fourth time this year. The rupee was at 70.57 to the dollar in early trade after opening at 70.68 and weaker than Wednesday's close of 70.39. On Wednesday, the rupee had settled 5 paise higher at 70.39 against the US dollar. Foreign funds bought shares worth Rs 1,209.21 crore from the capital markets on net basis on Wednesday, while domestic institutional investors sold shares worth Rs 481.46 crore, provisional data showed. After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, the US central bank instead did it again, and stuck by a plan to keep withdrawing support from an economy it views as strong. US stocks and bond yields fell hard. With the Fed signalling "some further gradual" rate hikes and no break from cutting its massive bond portfolio, traders fretted that policymakers could choke off economic growth. Wall Street stocks fell sharply after the Federal Reserve lifted interest rates. The Dow, which had been up nearly 300 points prior to the decision, finished down 350 points, or 1.5 per cent, at 23,323.66. It meant the blue-chip index was at its lowest level of 2018. The global benchmark, Brent crude oil was trading at $56.49 per barrel, lower by 1.31 per cent. Meanwhile, the domestic equity market opened on a weaker note. The 30-share BSE benchmark Sensex was trading at 36,305.11, down 179.22 points in early trade. The wide-based Nifty was also trading lower by 51.95 points at 10,915.35.

Rupee slips against dollar after US Federal rate hike

After logging its single best gain on Tuesday in over five years, the rupee appreciated another 50 paise to breach the 70 per dollar-mark in opening trade Wednesday on a persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of the American currency by exporters and banks.

Besides, the dollar's weakness against some currencies overseas ahead of US Federal Reserve's policy meet outcome later in the day also supported the rupee.

The domestic unit opened with strength at Rs 70.05 at the Interbank Foreign Exchange and advanced further to 69.87 against the US dollar.

Brent crude, an international benchmark, dropped 4.2 per cent lower to USD 57.07 per barrel Tuesday, a 14-month low.

The rupee Tuesday rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar as softening crude oil prices eased concerns over India's current account deficit expansion.

Foreign institutional investors (FIIs) bought shares worth Rs 144.76 crore Tuesday, as per provisional data.

Meanwhile, the benchmark BSE Sensex rose 112.32 points, or 0.31 per cent, to 36,459.09 in opening trade.

After logging its single best gain on Tuesday in over five years, the rupee appreciated another 50 paise to breach the 70 per dollar-mark in opening trade Wednesday on a persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of the American currency by exporters and banks.

After logging its single best gain on Tuesday in over five years, the rupee appreciated another 50 paise to breach the 70 per dollar-mark in opening trade Wednesday on a persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of the American currency by exporters and banks. Besides, the dollar's weakness against some currencies overseas ahead of US Federal Reserve's policy meet outcome later in the day also supported the rupee. The domestic unit opened with strength at Rs 70.05 at the Interbank Foreign Exchange and advanced further to 69.87 against the US dollar. Brent crude, an international benchmark, dropped 4.2 per cent lower to USD 57.07 per barrel Tuesday, a 14-month low. The rupee Tuesday rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar as softening crude oil prices eased concerns over India's current account deficit expansion. Foreign institutional investors (FIIs) bought shares worth Rs 144.76 crore Tuesday, as per provisional data. Meanwhile, the benchmark BSE Sensex rose 112.32 points, or 0.31 per cent, to 36,459.09 in opening trade.

After best single-day gain in five years, Rupee continues rising spree against US dollar

<a href="http://www.wionews.com/india-news/firm-dollar-weighs-on-gold-amid-global-growth-risks-184712">Gold prices rose </a>slightly on Tuesday ahead of a key US Federal Reserve meeting, as speculation that signs of economic turbulence may prompt the central bank to put brakes soon on its monetary tightening cycle kept the dollar under pressure.

The Federal Open Market Committee (FOMC) is widely expected to raise interest rates at its two-day meeting starting later in the day, but the focus will be on its outlook for 2019.

"Investors are hoping gold prices will go up further after the meeting," said Brian Lan, managing director at dealer GoldSilver Central in Singapore, adding that $1,251 would be the next level that gold will likely test with support at $1,245.

Spot gold was up 0.2 per cent at $1,248.14 per ounce at 0436 GMT, while US gold futures inched 0.1 per cent higher to $1,252.2 per ounce.

Meanwhile, the dollar index inched lower after losing 0.4 per cent on Monday, amid speculation the Fed will soon hit the pause button to its monetary tightening cycle in the face of rising risks to global growth.

Lower interest rates reduce the opportunity cost of holding non-yielding bullion and weigh on the dollar.

"The US dollar remains the prime mover for gold prices in the current term," Benjamin Lu, a commodities analyst with Phillip Futures in Singapore, said in a note.

"Though upside potential for gold prices faces impediment from a vigorous dollar, looming economic uncertainties will present optimistic conditions for safe-haven assets beyond 2018."

Also supporting the bullion, <a href="http://www.wionews.com/business-economy/asia-stocks-slide-as-global-growth-worries-deepen-184957">Asian share markets slumped </a>on Tuesday, while Wall Street stocks skidded to their lowest levels in more than a year in the previous session.

Spot gold may rise into a range of $1,253-$1,258 per ounce, according to Wang Tao, a Reuters market analyst for commodities and energy technicals.

Among other precious metals, silver was up 0.1 per cent at $14.67 per ounce, while platinum fell 0.3 per cent, to $791.10 per ounce

Spot palladium slipped 0.2 per cent to $1,255.95 per ounce after touching a record high of $1,269.5 in the previous session.

Gold prices rose slightly on Tuesday ahead of a key US Federal Reserve meeting, as speculation that signs of economic turbulence may prompt the central bank to put brakes soon on its monetary tightening cycle kept the dollar under pressure.

Gold prices rose slightly on Tuesday ahead of a key US Federal Reserve meeting, as speculation that signs of economic turbulence may prompt the central bank to put brakes soon on its monetary tightening cycle kept the dollar under pressure. The Federal Open Market Committee (FOMC) is widely expected to raise interest rates at its two-day meeting starting later in the day, but the focus will be on its outlook for 2019. "Investors are hoping gold prices will go up further after the meeting," said Brian Lan, managing director at dealer GoldSilver Central in Singapore, adding that $1,251 would be the next level that gold will likely test with support at $1,245. Spot gold was up 0.2 per cent at $1,248.14 per ounce at 0436 GMT, while US gold futures inched 0.1 per cent higher to $1,252.2 per ounce. Meanwhile, the dollar index inched lower after losing 0.4 per cent on Monday, amid speculation the Fed will soon hit the pause button to its monetary tightening cycle in the face of rising risks to global growth. Lower interest rates reduce the opportunity cost of holding non-yielding bullion and weigh on the dollar. "The US dollar remains the prime mover for gold prices in the current term," Benjamin Lu, a commodities analyst with Phillip Futures in Singapore, said in a note. "Though upside potential for gold prices faces impediment from a vigorous dollar, looming economic uncertainties will present optimistic conditions for safe-haven assets beyond 2018." Also supporting the bullion, Asian share markets slumped on Tuesday, while Wall Street stocks skidded to their lowest levels in more than a year in the previous session. Spot gold may rise into a range of $1,253-$1,258 per ounce, according to Wang Tao, a Reuters market analyst for commodities and energy technicals. Among other precious metals, silver was up 0.1 per cent at $14.67 per ounce, while platinum fell 0.3 per cent, to $791.10 per ounce Spot palladium slipped 0.2 per cent to $1,255.95 per ounce after touching a record high of $1,269.5 in the previous session.

Gold ticks up as dollar stays under pressure ahead of Fed meeting

<a href="http://www.wionews.com/india-news/gold-prices-inch-higher-as-dollar-softens-183092">Gold&nbsp;prices</a> inched lower on Monday, as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on US interest rate hikes from a Federal Reserve meeting later this week.

Spot&nbsp;gold&nbsp;was down 0.1 per cent at $1,237.51 per ounce, as of 0401 GMT, after having hit its lowest since December 4 at $1,232.39 on Friday.

US&nbsp;gold&nbsp;futures were little changed at $1,241.3 per ounce.

Gold&nbsp;has not recovered yet from Friday's decline, said analyst Helen Lau of Argonaut Securities, adding that prices were moving on the strong dollar over the weekend.

Weaker-than-expected economic data out of China and Europe and fears of a possible US&nbsp;government shutdown enhanced appeal for the US&nbsp;currency, which has played the role of a safe-haven asset in recent times.&nbsp;

The dollar index, which measures the greenback against other major currencies, was just below the 19-month high of 97.71 hit on Friday.

Markets will closely watch the future trajectory of US&nbsp;monetary policy at the Federal Reserve's Dec. The 18-19 meeting where the board is set to raise interest rates by 25 basis points.

"Markets will rally on the back of dollar weakness after the central bank signals a more dovish stance, but the advance will fall back quickly as global growth concerns reassert themselves," INTL FCStone analyst Edward Meir said in a note.

Lower interest rates reduce the opportunity cost of holding non-yielding bullion and weigh on the dollar.

Spot&nbsp;gold&nbsp;is biased to break a support at $1,232 per ounce, and fall to a lower support zone of $1,224-$1,228, according to Reuters technical analyst Wang Tao.

Meanwhile, hedge funds and money managers switched to the net long position in Comex&nbsp;gold&nbsp;in the week to December 11, the US&nbsp;Commodity Futures Trading Commission (CFTC) said on Friday.&nbsp;

This was the first time&nbsp;gold&nbsp;speculators held a net long position since July and the strongest since June.

"Uncertainties of the trade war are still weighing on the market," said Dick Poon, general manager, Heraeus Metals Hong Kong Ltd.

"It is getting close to Christmas time, so it is getting super quiet in the market. Investors reduce their inventories as much as possible before the year ends."

Among other precious metals, spot palladium gained to $1,238.20 per ounce.

Silver declined marginally to $14.56 per ounce, while platinum fell 0.6 per cent to $782.50 per ounce.

Gold prices inched lower on Monday, as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on US interest rate hikes from a Federal Reserve meeting later this week.

Gold prices inched lower on Monday, as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on US interest rate hikes from a Federal Reserve meeting later this week. Spot gold was down 0.1 per cent at $1,237.51 per ounce, as of 0401 GMT, after having hit its lowest since December 4 at $1,232.39 on Friday. US gold futures were little changed at $1,241.3 per ounce. Gold has not recovered yet from Friday's decline, said analyst Helen Lau of Argonaut Securities, adding that prices were moving on the strong dollar over the weekend. Weaker-than-expected economic data out of China and Europe and fears of a possible US government shutdown enhanced appeal for the US currency, which has played the role of a safe-haven asset in recent times. The dollar index, which measures the greenback against other major currencies, was just below the 19-month high of 97.71 hit on Friday. Markets will closely watch the future trajectory of US monetary policy at the Federal Reserve's Dec. The 18-19 meeting where the board is set to raise interest rates by 25 basis points. "Markets will rally on the back of dollar weakness after the central bank signals a more dovish stance, but the advance will fall back quickly as global growth concerns reassert themselves," INTL FCStone analyst Edward Meir said in a note. Lower interest rates reduce the opportunity cost of holding non-yielding bullion and weigh on the dollar. Spot gold is biased to break a support at $1,232 per ounce, and fall to a lower support zone of $1,224-$1,228, according to Reuters technical analyst Wang Tao. Meanwhile, hedge funds and money managers switched to the net long position in Comex gold in the week to December 11, the US Commodity Futures Trading Commission (CFTC) said on Friday. This was the first time gold speculators held a net long position since July and the strongest since June. "Uncertainties of the trade war are still weighing on the market," said Dick Poon, general manager, Heraeus Metals Hong Kong Ltd. "It is getting close to Christmas time, so it is getting super quiet in the market. Investors reduce their inventories as much as possible before the year ends." Among other precious metals, spot palladium gained to $1,238.20 per ounce. Silver declined marginally to $14.56 per ounce, while platinum fell 0.6 per cent to $782.50 per ounce.

Firm dollar weighs on gold amid global growth risks

Your complete digital life - including data from your social media accounts, banking and credit card details — can be sold by cybercriminals for less than US $50, scientists say.

While many of us have heard of, or even fallen victim to, <a href="http://www.wionews.com/india-news/cyber-crimes-rose-between-2014-and-2017-government-28660">cybercrimes</a> such as data and identity theft, it seems that relatively few know the value of the information stolen from us.&nbsp;

Scientists from the Kaspersky Lab, a cybersecurity company in Russia, found that while our identity may not be worth a lot in terms of dollars, it is a significant asset to criminals in other ways.

The research uncovered an appetite among cybercriminals for data stolen from popular services - including via social media accounts and remote access to gaming websites.

User confusion about what their data is worth could result in a haphazard approach to security, making it all too easy for thieves to steal data and commit a crime.

Data stolen due to people's lax security may have limited resale value, but can be put to many uses.

This can cause huge problems for an individual victim, who may lose money and their reputation, find themselves being chased for debt that somebody else has incurred in their name, or even suspected of a crime that somebody else has committed using their identity as a cover.

Kaspersky Lab investigated 'Dark Web' markets to find out how much personal data is worth, and how it is used by criminals.&nbsp;

The dark web also referred to as the darknet, is an encrypted portion of the internet that is not indexed by search engines. These networks use the internet but require specific software, configurations, or authorisation to access.

The researchers found that criminals can sell someone's complete digital life for less than US $50; including data from stolen social media accounts, banking details, remote access to servers or desktops, and even data from popular services like Uber, Netflix, and Spotify, as well as gaming websites, dating apps, and porn websites which might store credit card information.

Meanwhile, researchers found that the price paid for a single hacked account is lower, with most selling for about US $1 per account, and with criminals offering up discounts for bulk-buying.

The most common way criminals steal this sort of data in the first place is via spear phishing campaigns or by exploiting a web related security vulnerability in an application's software.

After a successful attack, the criminal gets password dumps which contain a combination of emails and passwords for the hacked services. With many people using the same password for several accounts, attackers might be able to use this information to access accounts on other platforms too.

Some criminals selling data even provide their buyers with a lifetime warranty, so if one account stops working, the buyer will receive a new account for free.

"It is clear that data hacking is a major threat to us all, and this applies at both an individual and societal level because stolen data funds many social evils," said David Jacoby, Senior Security Researcher at Kaspersky Lab.

"Fortunately, there are steps we can take to prevent it, including by using cybersecurity software and being aware of how much data we are giving away for free - particularly on publicly available social media profiles, or to organisations," said Jacoby.

People can avoid such risks by taking several easy security steps, which should become an integral part of any Internet user's digital life.

To stay safe from phishing, always check that the link address and the sender's email are genuine before clicking anything. A robust security solution will also warn you if you attempt to visit a phishing web page. 
To avoid one data leak harming all your digital identities, never use the same password for several websites or services, researchers said.

Your complete digital life - including data from your social media accounts, banking and credit card details — can be sold by cybercriminals for less than US $50, scientists say.

Your complete digital life - including data from your social media accounts, banking and credit card details — can be sold by cybercriminals for less than US $50, scientists say. While many of us have heard of, or even fallen victim to, cybercrimes such as data and identity theft, it seems that relatively few know the value of the information stolen from us. Scientists from the Kaspersky Lab, a cybersecurity company in Russia, found that while our identity may not be worth a lot in terms of dollars, it is a significant asset to criminals in other ways. The research uncovered an appetite among cybercriminals for data stolen from popular services - including via social media accounts and remote access to gaming websites. User confusion about what their data is worth could result in a haphazard approach to security, making it all too easy for thieves to steal data and commit a crime. Data stolen due to people's lax security may have limited resale value, but can be put to many uses. This can cause huge problems for an individual victim, who may lose money and their reputation, find themselves being chased for debt that somebody else has incurred in their name, or even suspected of a crime that somebody else has committed using their identity as a cover. Kaspersky Lab investigated 'Dark Web' markets to find out how much personal data is worth, and how it is used by criminals. The dark web also referred to as the darknet, is an encrypted portion of the internet that is not indexed by search engines. These networks use the internet but require specific software, configurations, or authorisation to access. The researchers found that criminals can sell someone's complete digital life for less than US $50; including data from stolen social media accounts, banking details, remote access to servers or desktops, and even data from popular services like Uber, Netflix, and Spotify, as well as gaming websites, dating apps, and porn websites which might store credit card information. Meanwhile, researchers found that the price paid for a single hacked account is lower, with most selling for about US $1 per account, and with criminals offering up discounts for bulk-buying. The most common way criminals steal this sort of data in the first place is via spear phishing campaigns or by exploiting a web related security vulnerability in an application's software. After a successful attack, the criminal gets password dumps which contain a combination of emails and passwords for the hacked services. With many people using the same password for several accounts, attackers might be able to use this information to access accounts on other platforms too. Some criminals selling data even provide their buyers with a lifetime warranty, so if one account stops working, the buyer will receive a new account for free. "It is clear that data hacking is a major threat to us all, and this applies at both an individual and societal level because stolen data funds many social evils," said David Jacoby, Senior Security Researcher at Kaspersky Lab. "Fortunately, there are steps we can take to prevent it, including by using cybersecurity software and being aware of how much data we are giving away for free - particularly on publicly available social media profiles, or to organisations," said Jacoby. People can avoid such risks by taking several easy security steps, which should become an integral part of any Internet user's digital life. To stay safe from phishing, always check that the link address and the sender's email are genuine before clicking anything. A robust security solution will also warn you if you attempt to visit a phishing web page. To avoid one data leak harming all your digital identities, never use the same password for several websites or services, researchers said.

Your digital data could be on sale for less than US $50: Study

The rupee depreciated 59 paise to 71.40 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening US dollar against some currencies overseas.

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee.

The rupee opened lower at 71.28 against the dollar and dropped further to 71.41, 59 paise down over its previous close.

On Friday, the domestic currency recuperated by 8 paise to close at 70.82 against the US dollar.

Traders said a lower opening in the domestic equity market, rising crude prices and foreign fund outflows put additional pressure on the local unit. 
The 30-share BSE Sensex plummeted 551.74 points, or 1.55 per cent, to 35,121.51 in the opening session.

Global crude oil prices rose after Opec members and 10 other oil producing nations agreed Friday to cut output by 1.2 million barrels a day in a bid to boost prices.

Energy ministers reached the deal, which takes effect from January 1 but has already sent prices surging on oil markets, after two days of talks at Opec headquarters in Vienna.

Brent crude, the international benchmark, was trading 0.68 per cent up at USD 62.09 per barrel.

Meanwhile, foreign funds pulled out Rs 817.40 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 242.56 crore Friday, provisional data showed.&nbsp;

The rupee depreciated 59 paise to 71.40 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening US dollar against some currencies overseas.

The rupee depreciated 59 paise to 71.40 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee. The rupee opened lower at 71.28 against the dollar and dropped further to 71.41, 59 paise down over its previous close. On Friday, the domestic currency recuperated by 8 paise to close at 70.82 against the US dollar. Traders said a lower opening in the domestic equity market, rising crude prices and foreign fund outflows put additional pressure on the local unit. The 30-share BSE Sensex plummeted 551.74 points, or 1.55 per cent, to 35,121.51 in the opening session. Global crude oil prices rose after Opec members and 10 other oil producing nations agreed Friday to cut output by 1.2 million barrels a day in a bid to boost prices. Energy ministers reached the deal, which takes effect from January 1 but has already sent prices surging on oil markets, after two days of talks at Opec headquarters in Vienna. Brent crude, the international benchmark, was trading 0.68 per cent up at USD 62.09 per barrel. Meanwhile, foreign funds pulled out Rs 817.40 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 242.56 crore Friday, provisional data showed.

Rupee falls 59 paise to 71.40 against US dollar

India will retain its position as the world's top recipient of remittances this year with its diaspora sending a whopping US $80 billion back home, the World Bank said in a report Saturday.

India is followed by China (US $67 billion), Mexico and the Philippines (US $34 billion each) and Egypt (US $26 billion), according to the global lender.

With this, India has retained its top spot on remittances, according to the latest edition of the World Bank's Migration and Development Brief.

The Bank estimates that officially-recorded remittances to developing countries will increase by 10.8 per cent to reach US $528 billion in 2018. This new record level follows a robust growth of 7.8 per cent in 2017.

Global remittances, which include flows to high-income countries, are projected to grow by 10.3 per cent to US $689 billion, it said.

Over the last three years, India has registered a significant flow of remittances from US $62.7 billion in 2016 to US $65.3 billion 2017. In 2017, remittances constituted 2.7 per cent of India's GDP, it said.

The Bank said remittances to South Asia are projected to increase by 13.5 per cent to US $132 billion in 2018, a stronger pace than the 5.7 per cent growth seen in 2017.

The upsurge is driven by stronger economic conditions in advanced economies, particularly the US, and the increase in oil prices having a positive impact on outflows from some GCC countries such as the UAE which reported a 13 per cent growth in outflows for the first half of 2018.

Bangladesh and Pakistan both experienced strong upticks of 17.9 per cent and 6.2 per cent in 2018, respectively, the Bank said.

For 2019, it is projected that remittances growth for the region will slow to 4.3 per cent due to a moderation of growth in advanced economies, lower migration to the GCC and the benefits from the oil price spurt dissipating.

The Gulf Cooperation Council (GCC) is a regional inter-governmental political and economic bloc of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.

As global growth is projected to moderate, future remittances to low- and middle-income countries are expected to grow moderately by four per cent to reach US $549 billion in 2019. Global remittances are expected to grow 3.7 per cent to US $715 billion in 2019.

The Brief notes that the global average cost of sending US $200 remains high at 6.9 per cent in the third quarter of 2018. Reducing remittance flows to three per cent by 2030 is a global target under Sustainable Development Goal (SDG) 10.7.

Increasing the volume of remittances is also a global goal under the proposals for raising financing for the SDGs, it said.

"Even with technological advances, remittances fees remain too high, double the SDG target of 3 per cent. Opening up markets to competition and promoting the use of low-cost technologies will ease the burden on poorer customers," said Mahmoud Mohieldin, Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships at the Bank.

The average cost of remitting in South Asia was the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent.

No solutions are yet in sight for practices that drive up costs, such as de-risking action of banks, which lead to closure of bank accounts of remittance service providers.

Another persistent factor that keeps fees high is the exclusive partnership between national post office systems and any single money transfer operator, as it allows the operator to charge higher fees to poorer customers dependent on post offices, the Bank said.

"The future growth of remittances is vulnerable to lower oil prices, restrictive migration policies, and an overall moderation of economic growth.

"Remittances have a direct impact on alleviating poverty for many households, and the World Bank is well positioned to work with countries to facilitate remittance flows," said Michal Rutkowski, Senior Director of the Social Protection and Jobs Global Practice at the World Bank.&nbsp;

India will retain its position as the world's top recipient of remittances this year with its diaspora sending a whopping US $80 billion back home, the World Bank said in a report Saturday.

India will retain its position as the world's top recipient of remittances this year with its diaspora sending a whopping US $80 billion back home, the World Bank said in a report Saturday. India is followed by China (US $67 billion), Mexico and the Philippines (US $34 billion each) and Egypt (US $26 billion), according to the global lender. With this, India has retained its top spot on remittances, according to the latest edition of the World Bank's Migration and Development Brief. The Bank estimates that officially-recorded remittances to developing countries will increase by 10.8 per cent to reach US $528 billion in 2018. This new record level follows a robust growth of 7.8 per cent in 2017. Global remittances, which include flows to high-income countries, are projected to grow by 10.3 per cent to US $689 billion, it said. Over the last three years, India has registered a significant flow of remittances from US $62.7 billion in 2016 to US $65.3 billion 2017. In 2017, remittances constituted 2.7 per cent of India's GDP, it said. The Bank said remittances to South Asia are projected to increase by 13.5 per cent to US $132 billion in 2018, a stronger pace than the 5.7 per cent growth seen in 2017. The upsurge is driven by stronger economic conditions in advanced economies, particularly the US, and the increase in oil prices having a positive impact on outflows from some GCC countries such as the UAE which reported a 13 per cent growth in outflows for the first half of 2018. Bangladesh and Pakistan both experienced strong upticks of 17.9 per cent and 6.2 per cent in 2018, respectively, the Bank said. For 2019, it is projected that remittances growth for the region will slow to 4.3 per cent due to a moderation of growth in advanced economies, lower migration to the GCC and the benefits from the oil price spurt dissipating. The Gulf Cooperation Council (GCC) is a regional inter-governmental political and economic bloc of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. As global growth is projected to moderate, future remittances to low- and middle-income countries are expected to grow moderately by four per cent to reach US $549 billion in 2019. Global remittances are expected to grow 3.7 per cent to US $715 billion in 2019. The Brief notes that the global average cost of sending US $200 remains high at 6.9 per cent in the third quarter of 2018. Reducing remittance flows to three per cent by 2030 is a global target under Sustainable Development Goal (SDG) 10.7. Increasing the volume of remittances is also a global goal under the proposals for raising financing for the SDGs, it said. "Even with technological advances, remittances fees remain too high, double the SDG target of 3 per cent. Opening up markets to competition and promoting the use of low-cost technologies will ease the burden on poorer customers," said Mahmoud Mohieldin, Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships at the Bank. The average cost of remitting in South Asia was the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent. No solutions are yet in sight for practices that drive up costs, such as de-risking action of banks, which lead to closure of bank accounts of remittance service providers. Another persistent factor that keeps fees high is the exclusive partnership between national post office systems and any single money transfer operator, as it allows the operator to charge higher fees to poorer customers dependent on post offices, the Bank said. "The future growth of remittances is vulnerable to lower oil prices, restrictive migration policies, and an overall moderation of economic growth. "Remittances have a direct impact on alleviating poverty for many households, and the World Bank is well positioned to work with countries to facilitate remittance flows," said Michal Rutkowski, Senior Director of the Social Protection and Jobs Global Practice at the World Bank.

India to retain top position in remittances with US $80 billion: World Bank

The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade Thursday amid strengthening American currency and weak opening in the domestic equity market.

Forex traders said the strength of the US dollar against other overseas currencies and foreign fund outflows weighed on the local unit.

At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.82, then fell further to 71 against the American currency, down 54 paise over it's previous closing price.

On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 357.82 crore Wednesday, and domestic institutional investors (DIIs) were net sellers to the tune of Rs 791.59 crore, provisional data available with BSE showed.

Meanwhile, the 30-share Sensex was trading 347.53 points, or 0.97 per cent, lower at 35,536.88 at 1000 hours.&nbsp;

Oil prices extended losses ahead of the meeting of Opec and non-Opec production companies. Brent crude, the international benchmark, was trading 0.83 per cent lower at US $61.05 per barrel.

The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade Thursday amid strengthening American currency and weak opening in the domestic equity market.

The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade Thursday amid strengthening American currency and weak opening in the domestic equity market. Forex traders said the strength of the US dollar against other overseas currencies and foreign fund outflows weighed on the local unit. At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.82, then fell further to 71 against the American currency, down 54 paise over it's previous closing price. On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 357.82 crore Wednesday, and domestic institutional investors (DIIs) were net sellers to the tune of Rs 791.59 crore, provisional data available with BSE showed. Meanwhile, the 30-share Sensex was trading 347.53 points, or 0.97 per cent, lower at 35,536.88 at 1000 hours. Oil prices extended losses ahead of the meeting of Opec and non-Opec production companies. Brent crude, the international benchmark, was trading 0.83 per cent lower at US $61.05 per barrel.

Rupee falls 54 paise, touches 71 level against US dollar

The rupee slipped further by 3 paise to close at 70.49 against the US dollar Tuesday due to increased demand for the American currency from importers and firming global crude oil prices.

Forex traders said the dollar strengthening against major global currencies overseas and losses in the domestic equity market also weighed on the local unit.

At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 70.50 and fell further to touch the day's low of 70.68 a dollar.

The domestic currency, however, pared some losses and finally ended at 70.49 per dollar, down by 3 paise against its previous close.

On Monday, the rupee had dropped by 88 paise, its biggest single-day loss in more than three months, to close at 70.46 against the US currency. 
The rupee came under pressure following heavy selling in domestic equities and rise in crude oil prices.

Brent crude, the international benchmark, again and was quoted at USD 63.09 per barrel Tuesday, higher by 2.27 per cent, putting pressure on the local unit.

Building on Monday's surge, oil prices continued to rise Tuesday fuelled by the Russia-Saudi Arabia pact to cap output. Moreover, global investors also cheered the deal between Donald Trump and Xi Jinping announced Saturday, to halt the tariffs battle for 90 days while they try to resolve their differences.

The BSE Sensex ended lower by 106.69 points, or 0.29 per cent, to close at 36,134.31. Similarly, the broader NSE Nifty edged up by 14.25 points, or 0.13 per cent, to end at 10,869.50.

Foreign funds withdrew Rs 55 crore on a net basis from capital markets, provisional data showed.

The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 70.3455 and for rupee/euro at 80.0790. The reference rate for rupee/British pound was fixed at 89.6450 and for rupee/100 Japanese yen was 62.21.

The rupee slipped further by 3 paise to close at 70.49 against the US dollar Tuesday due to increased demand for the American currency from importers and firming global crude oil prices.

The rupee slipped further by 3 paise to close at 70.49 against the US dollar Tuesday due to increased demand for the American currency from importers and firming global crude oil prices. Forex traders said the dollar strengthening against major global currencies overseas and losses in the domestic equity market also weighed on the local unit. At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 70.50 and fell further to touch the day's low of 70.68 a dollar. The domestic currency, however, pared some losses and finally ended at 70.49 per dollar, down by 3 paise against its previous close. On Monday, the rupee had dropped by 88 paise, its biggest single-day loss in more than three months, to close at 70.46 against the US currency. The rupee came under pressure following heavy selling in domestic equities and rise in crude oil prices. Brent crude, the international benchmark, again and was quoted at USD 63.09 per barrel Tuesday, higher by 2.27 per cent, putting pressure on the local unit. Building on Monday's surge, oil prices continued to rise Tuesday fuelled by the Russia-Saudi Arabia pact to cap output. Moreover, global investors also cheered the deal between Donald Trump and Xi Jinping announced Saturday, to halt the tariffs battle for 90 days while they try to resolve their differences. The BSE Sensex ended lower by 106.69 points, or 0.29 per cent, to close at 36,134.31. Similarly, the broader NSE Nifty edged up by 14.25 points, or 0.13 per cent, to end at 10,869.50. Foreign funds withdrew Rs 55 crore on a net basis from capital markets, provisional data showed. The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 70.3455 and for rupee/euro at 80.0790. The reference rate for rupee/British pound was fixed at 89.6450 and for rupee/100 Japanese yen was 62.21.

Rupee slips further 3 paise to 70.49 against dollar as crude pursue climb

The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas.

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets capped the losses.

The rupee opened lower at 69.87 against the dollar then dropped further to quote at 70.08, down 50 paise over its previous close.

The rupee had strengthened by 27 paise to close at a four-month high of 69.58 against the US currency Friday.

The benchmark BSE Sensex opened over 250 points higher Monday on positive global cues after US President Donald Trump and his Chinese counterpart

Xi Jinping ended the trade war and agreed to a truce.&nbsp;

The 30-share index was trading 132.25 points or 0.37 per cent, higher at 36,326.55. In a similar movement, the NSE Nifty was trading 30.80 points, or 0.28 per cent, up at 10,907.55.&nbsp;

Forex traders said a rise in crude oil prices and foreign fund outflows also weighed on the domestic currency.

On net basis, foreign funds sold shares worth Rs 332.62 crore, while DIIs purchased share to the tune of Rs 1,489.65 crore Friday, provisional data showed.

Globally, Brent crude, the international benchmark, was trading 4.78 per cent up at 62.30 per barrel.&nbsp; 
&nbsp;

The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas.

The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets capped the losses. The rupee opened lower at 69.87 against the dollar then dropped further to quote at 70.08, down 50 paise over its previous close. The rupee had strengthened by 27 paise to close at a four-month high of 69.58 against the US currency Friday. The benchmark BSE Sensex opened over 250 points higher Monday on positive global cues after US President Donald Trump and his Chinese counterpart Xi Jinping ended the trade war and agreed to a truce. The 30-share index was trading 132.25 points or 0.37 per cent, higher at 36,326.55. In a similar movement, the NSE Nifty was trading 30.80 points, or 0.28 per cent, up at 10,907.55. Forex traders said a rise in crude oil prices and foreign fund outflows also weighed on the domestic currency. On net basis, foreign funds sold shares worth Rs 332.62 crore, while DIIs purchased share to the tune of Rs 1,489.65 crore Friday, provisional data showed. Globally, Brent crude, the international benchmark, was trading 4.78 per cent up at 62.30 per barrel.

Rupee falls 50 paise to 70.08 against strengthening dollar

Rising for the fourth straight day, the rupee climbed 21 paise to a three month high of 69.64 against the US dollar in early trade Friday, amid weakness in the greenback against some currencies overseas and a higher opening of domestic equities.

Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the domestic currency.

At the interbank forex market, the rupee opened higher at 69.68 and rose further to quote at 69.64, showing a rise of 21 paise over its previous close. 
On Thursday the rupee had vaulted 77 paise to a three-month high of 69.85 per US dollar.

The local unit also gathered momentum following easing crude oil prices, which slipped below the US $60 per dollar mark as investors fretted over a supply glut.

Globally, Brent crude, the international benchmark, was trading 0.42 per cent up at US $59.76 per barrel.

Meanwhile, on net basis, foreign funds bought shares worth Rs 823.47 crore, while DIIs purchased share to the tune of Rs 973.31 crore Thursday, provisional data showed.

The benchmark BSE Sensex gained over 150 points and the NSE Nifty began the December derivatives series by hitting the 10,900 mark in early trade Friday on positive cues from other Asian bourses ahead of the two-day G20 Summit.

The 30-share index rose 175.75 points, or 0.49 per cent, to trade at 36,346.16. In similar movement, the NSE Nifty breached the 10,900 mark, and was trading 50.45 points, or 0.46 per cent, higher at 10,909.15.

Rising for the fourth straight day, the rupee climbed 21 paise to a three month high of 69.64 against the US dollar in early trade Friday, amid weakness in the greenback against some currencies overseas and a higher opening of domestic equities.

Rising for the fourth straight day, the rupee climbed 21 paise to a three month high of 69.64 against the US dollar in early trade Friday, amid weakness in the greenback against some currencies overseas and a higher opening of domestic equities. Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the domestic currency. At the interbank forex market, the rupee opened higher at 69.68 and rose further to quote at 69.64, showing a rise of 21 paise over its previous close. On Thursday the rupee had vaulted 77 paise to a three-month high of 69.85 per US dollar. The local unit also gathered momentum following easing crude oil prices, which slipped below the US $60 per dollar mark as investors fretted over a supply glut. Globally, Brent crude, the international benchmark, was trading 0.42 per cent up at US $59.76 per barrel. Meanwhile, on net basis, foreign funds bought shares worth Rs 823.47 crore, while DIIs purchased share to the tune of Rs 973.31 crore Thursday, provisional data showed. The benchmark BSE Sensex gained over 150 points and the NSE Nifty began the December derivatives series by hitting the 10,900 mark in early trade Friday on positive cues from other Asian bourses ahead of the two-day G20 Summit. The 30-share index rose 175.75 points, or 0.49 per cent, to trade at 36,346.16. In similar movement, the NSE Nifty breached the 10,900 mark, and was trading 50.45 points, or 0.46 per cent, higher at 10,909.15.

Rupee rises 21 paise to 3-month high of 69.64 against dollar

The rupee depreciated by 10 paise to 70.89 against the US dollar in early trade Wednesday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas.

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses.

The rupee opened lower at 70.88 per dollar against and dropped further to quote at 70.89, 10 paise down over its previous close.

The rupee recovered by 8 paise to close at 70.79 against the US dollar Tuesday on increased selling of the greenback by exporters and softening crude oil prices.

Meanwhile, on net basis, foreign funds bought shares worth Rs 811.52 crore, while DIIs purchased share to the tune of Rs 31.21 crore Tuesday, provisional data showed.

The BSE benchmark Sensex opened on a positive note for the third successive session, rising nearly 200 points, on positive global cues ahead of key G20 and Opec meetings. The NSE Nifty too witnessed similar movement, and was trading 35.20 points, or 0.35 per cent, lower at 10,725.60.&nbsp;

The rupee depreciated by 10 paise to 70.89 against the US dollar in early trade Wednesday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas.

The rupee depreciated by 10 paise to 70.89 against the US dollar in early trade Wednesday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses. The rupee opened lower at 70.88 per dollar against and dropped further to quote at 70.89, 10 paise down over its previous close. The rupee recovered by 8 paise to close at 70.79 against the US dollar Tuesday on increased selling of the greenback by exporters and softening crude oil prices. Meanwhile, on net basis, foreign funds bought shares worth Rs 811.52 crore, while DIIs purchased share to the tune of Rs 31.21 crore Tuesday, provisional data showed. The BSE benchmark Sensex opened on a positive note for the third successive session, rising nearly 200 points, on positive global cues ahead of key G20 and Opec meetings. The NSE Nifty too witnessed similar movement, and was trading 35.20 points, or 0.35 per cent, lower at 10,725.60.

Rupee falls 10 paise to 70.89 against US dollar in early trade

Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at the nearly three-month high of 71.38 against the dollar in opening trade Tuesday on persistent foreign fund inflows.

Besides, the dollar's weakness against some currencies overseas also supported the rupee.

The domestic unit opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar. This is the highest level since September 4.

Meanwhile, the Reserve Bank and the government Monday agreed to refer to an expert committee the contentious issue of the appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small businesses would be considered by the central bank.

The domestic currency had gained 26 paise to end at a 10-week high of 71.67 against the dollar Tuesday supported by steady forex inflows amid a crucial RBI board meeting.

Foreign Institutional Investors (Fiis) bought shares worth Rs 1,103.36 crore Tuesday, as per provisional data.

Meanwhile, the benchmark BSE Sensex slipped by 104.41 points, or 0.29 per cent, to 35,670.47 in opening trade.

Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at the nearly three-month high of 71.38 against the dollar in opening trade Tuesday on persistent foreign fund inflows.

Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at the nearly three-month high of 71.38 against the dollar in opening trade Tuesday on persistent foreign fund inflows. Besides, the dollar's weakness against some currencies overseas also supported the rupee. The domestic unit opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar. This is the highest level since September 4. Meanwhile, the Reserve Bank and the government Monday agreed to refer to an expert committee the contentious issue of the appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small businesses would be considered by the central bank. The domestic currency had gained 26 paise to end at a 10-week high of 71.67 against the dollar Tuesday supported by steady forex inflows amid a crucial RBI board meeting. Foreign Institutional Investors (Fiis) bought shares worth Rs 1,103.36 crore Tuesday, as per provisional data. Meanwhile, the benchmark BSE Sensex slipped by 104.41 points, or 0.29 per cent, to 35,670.47 in opening trade.

Rupee strengthens 29 paise to 71.38 against US dollar

The rupee recovered by 29 paise to 72.60 against the US currency in early trade Tuesday, owing to easing global crude oil prices and better-than-expected macro economic data on the domestic front.

Besides, fund inflows by foreign investors and the US dollar's weakness against some currencies overseas also supported the domestic unit, dealers said.

At the Interbank forex market, the rupee opened with strength at 72.81 and advanced to 72.60 against the dollar, showing a rise of 29 paise over its previous close of 72.89.

Retail inflation fell to a one-year low of 3.31 per cent in October on the back of cheaper kitchen staples, fruits and protein-rich items, official data released Monday showed.

Industrial production grew at the slowest pace in four months at 4.5 per cent in September mainly due to poor performance of mining sector and lower offtake of capital goods.

The industrial production measured in terms of Index of Industrial Production (IIP) was 4.1 per cent in September 2017.

Meanwhile, the international benchmark, Brent crude slipped below the USD 70-mark by falling 0.84 per cent, to USD 69.53 a barrel in Asian trade Tuesday.

Monday, the rupee dropped by 39 paise to settle at 72.89 against the US currency as oil prices rebounded after Saudi Arabia announced plans to cut production and the dollar strengthened in global markets.

Foreign institutional investors (FIis) bought shares worth Rs 832.15 crore Monday, provisional data showed.

The benchmark BSE Sensex fell by 56.31 points, or 0.16 per cent to 34,756.68 in early trade.

The rupee recovered by 29 paise to 72.60 against the US currency in early trade Tuesday, owing to easing global crude oil prices and better-than-expected macro economic data on the domestic front.

The rupee recovered by 29 paise to 72.60 against the US currency in early trade Tuesday, owing to easing global crude oil prices and better-than-expected macro economic data on the domestic front. Besides, fund inflows by foreign investors and the US dollar's weakness against some currencies overseas also supported the domestic unit, dealers said. At the Interbank forex market, the rupee opened with strength at 72.81 and advanced to 72.60 against the dollar, showing a rise of 29 paise over its previous close of 72.89. Retail inflation fell to a one-year low of 3.31 per cent in October on the back of cheaper kitchen staples, fruits and protein-rich items, official data released Monday showed. Industrial production grew at the slowest pace in four months at 4.5 per cent in September mainly due to poor performance of mining sector and lower offtake of capital goods. The industrial production measured in terms of Index of Industrial Production (IIP) was 4.1 per cent in September 2017. Meanwhile, the international benchmark, Brent crude slipped below the USD 70-mark by falling 0.84 per cent, to USD 69.53 a barrel in Asian trade Tuesday. Monday, the rupee dropped by 39 paise to settle at 72.89 against the US currency as oil prices rebounded after Saudi Arabia announced plans to cut production and the dollar strengthened in global markets. Foreign institutional investors (FIis) bought shares worth Rs 832.15 crore Monday, provisional data showed. The benchmark BSE Sensex fell by 56.31 points, or 0.16 per cent to 34,756.68 in early trade.

Rupee recovers 29 paise to 72.60 against dollar

The rupee weakened by 26 paise to 72.76 against the US dollar Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices.

The international benchmark, Brent crude again breached the USD 71 a barrel mark by surging 1.21 per cent.

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses.

At the Interbank forex market, the rupee opened lower at 72.74 and slipped further to quote at 72.76 against US dollar, down 26 paise over its previous close.

On Friday, the rupee rose by 50 paise to end at 72.50 per US dollar Friday on increased selling of the greenback by exporters amid softening crude oil prices, which slipped below the USD 70 per barrel mark.

Meanwhile, on net basis, foreign funds bought shares worth Rs 614.14 crore, while DIIs sold share to the tune of Rs 337.28 crore Friday, provisional data showed.

The benchmark BSE Sensex rose 99.26 points, or 0.25 per cent to 35,257.81.&nbsp;

The rupee weakened by 26 paise to 72.76 against the US dollar Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices.

The rupee weakened by 26 paise to 72.76 against the US dollar Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices. The international benchmark, Brent crude again breached the USD 71 a barrel mark by surging 1.21 per cent. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses. At the Interbank forex market, the rupee opened lower at 72.74 and slipped further to quote at 72.76 against US dollar, down 26 paise over its previous close. On Friday, the rupee rose by 50 paise to end at 72.50 per US dollar Friday on increased selling of the greenback by exporters amid softening crude oil prices, which slipped below the USD 70 per barrel mark. Meanwhile, on net basis, foreign funds bought shares worth Rs 614.14 crore, while DIIs sold share to the tune of Rs 337.28 crore Friday, provisional data showed. The benchmark BSE Sensex rose 99.26 points, or 0.25 per cent to 35,257.81.

Rupee falls 26 paise to 72.76 against US dollar

The rupee appreciated 35 paise to 72.65 against the dollar in early trade Friday, following US mid-term election results and easing crude oil prices.

Forex traders said the rise was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas.

They said the US mid-term election results which showed Democrats wresting the House of Representatives from the ruling Republican party, also supported the rupee.

The Democrats now have a majority in the 435-member House, while Trump's party has retained the majority in the 100-member Senate.

At the interbank forex market, the rupee opened strong at 72.68 and advanced further to trade at 72.65, reflecting a rise of 35 paise over its previous close of 73 against the dollar.

Moreover easing crude prices also helped the local unit. Brent crude, the international benchmark was trading at US $70.70 per barrel.

The rupee had rebounded by 12 paise to end at 73 per US dollar Tuesday on increased selling of the greenback by exporters and softening crude oil prices.

The forex market was closed on Wednesday and Thursday on account of 'Diwali' and 'Diwali Balipratipada' respectively.

Foreign institutional investors (FIIs), which had been selling on Indian bourses, made fresh purchases worth Rs 31.02 crore Wednesday, as per provisional data.

Meanwhile, the benchmark BSE Sensex opened on a higher note up 20.45 points at 35,258.13 in early trade.&nbsp;

The rupee appreciated 35 paise to 72.65 against the dollar in early trade Friday, following US mid-term election results and easing crude oil prices. Forex traders said the rise was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas.

The rupee appreciated 35 paise to 72.65 against the dollar in early trade Friday, following US mid-term election results and easing crude oil prices. Forex traders said the rise was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas. They said the US mid-term election results which showed Democrats wresting the House of Representatives from the ruling Republican party, also supported the rupee. The Democrats now have a majority in the 435-member House, while Trump's party has retained the majority in the 100-member Senate. At the interbank forex market, the rupee opened strong at 72.68 and advanced further to trade at 72.65, reflecting a rise of 35 paise over its previous close of 73 against the dollar. Moreover easing crude prices also helped the local unit. Brent crude, the international benchmark was trading at US $70.70 per barrel. The rupee had rebounded by 12 paise to end at 73 per US dollar Tuesday on increased selling of the greenback by exporters and softening crude oil prices. The forex market was closed on Wednesday and Thursday on account of 'Diwali' and 'Diwali Balipratipada' respectively. Foreign institutional investors (FIIs), which had been selling on Indian bourses, made fresh purchases worth Rs 31.02 crore Wednesday, as per provisional data. Meanwhile, the benchmark BSE Sensex opened on a higher note up 20.45 points at 35,258.13 in early trade.

Rupee rises 35 paise to 72.65 against US dollar in early trade

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