23
Tuesday
April 2019
8:03 AM IST
News Headlines
Rahul liar of first order; should apologise to country: BJP on Cong chief''s affidavit in SC        Nation-wide emergency from midnight in Sri Lanka        Pant fires Delhi Capitals to six-wicket win over Rajasthan, go top of table        Shiv Sena asks govt to take over Jet Airways        Congress releases list of six candidates for Delhi Lok Sabha seats        SP-BSP-RLD, an alliance of hearts rather than parties: Akhilesh        CM Nath regime intimidating officials: Shivraj Singh Chouhan        Bairstow and Warner lead Sunrisers to 9-wicket victory        Dhoni''s 84* goes in vain as RCB win 1-run thriller against CSK        Sri Lanka serial blasts : Seven arrested over multiple blasts        Pak Prime Minister Imran Khan arrives in Iran        Serial blasts rip through Lanka on Easter Sunday: 228 dead, 450 injured        US confirms deaths of several Americans in Sri Lanka blasts        Pakistan deplores India''s decision to suspend cross-LoC trade        Multiple blasts likely to have "adverse impact" on Lankan tourism: tour operators        Kerala CM condemns terrorist attack in Sri Lanka        French Police detain over 120 people amid Yellow Vest rallies in Paris        Gunmen kill 2 in north Nigeria        Amit Shah: K Surendran represents believers all over world        Asking vote for those who insulted Ambedkar is stooping to new low: Yogi to Mayawati        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
Rupee firms up by 26 paise against US dollar on easing crude prices
 
(Mumbai, Jan25, 2019): The Indian rupee Thursday furthered gains by 26 paise to close at 71.07 against the US dollar as softer crude prices and gains in domestic equities bolstered forex market sentiments. Besides, stronger Asian currencies against US dollar propped up the Indian unit. The domestic currency has gathered 37 paise in the two straight sessions of gains.

At the Interbank Foreign Exchange, the rupee opened stronger at 71.29 a dollar against the previous close of 71.33. The local unit moved in a range of 71.30 to 71.06 during the session before finally ending at 71.07, a gain of 26 paise over its last close.

On Wednesday, the rupee had snapped its three-day losing streak and settled higher by 11 paise against the US dollar. "Indian rupee and stocks gained on hope of improvement in US-China trade talks, scheduled on January 30-31.

The fall in crude oil and stronger Asian currencies against US dollar bode well for rupee," V K Sharma, Head PCG and Capital Market Strategy, HDFC Securities, said. Brent crude, the global benchmark, was trading at USD 60.67 per barrel, lower by 0.77 per cent. Benchmark stock indices Sensex and Nifty reversed their two-day losing spell.

The 30-share index close the day 86.63 points, or 0.24 per cent, higher at 36,195.10. The 50-share NSE Nifty also moved up by 18.30 points, or 0.17 per cent, to 10,849.80. Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net of Rs 775.82 crore, and domestic institutional investors (DIIs) purchased shares worth Rs 583.77 crore Wednesday, provisional data showed.

The dollar index, which gauges the greenback''s strength against a basket of six currencies, rose 0.33 per cent to 96.44. The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 71.2820 and for rupee/euro at 81.1113. The reference rate for rupee/British pound was fixed at 93.1456 and for rupee/100 Japanese yen at 64.97.


Pakistan deplores India''s decision to suspend cross-LoC trade
Multiple blasts likely to have "adverse impact" on Lankan tourism: tour operators
KCCI Cross LoC trade becomes a casualty of apathy, says Kashmir industry
TATA Group team meets J&K Governor
OYO launches OPEN programme for asset owners
Sensex slips from lifetime high on profit booking
Govt to allocate 440 vacant Jet slots to other airlines
Blue Star launches 75 models in AC range, eyes 13.5 pc market share in FY20
Jet Airways grounds ops temporarily; Secy calls urgent meeting
Jet Airways operating 5 planes, seeks emergency funds: Kharola
3 private players offer ideal, healthy competition: Vodafone Idea CEO
Lenders to Jet working on revival, no final decision yet: PNB MD
UK business says Brexit extension averts crisis
Jaitley discusses India's economic reforms with investors in US
RBI imposes Rs 1 lakh penalty on Lucknow-based co-op bank
Hyundai to train 10k sales consultants for its global connected tech
Facebook to block foreign ads for Australia election
Gold slumps Rs 80 on weak demand
SC quashes RBI circular on insolvency issued last year
Rupee slips 22 paise against US dollar in early trade
KERALA NEWS
Kerala CM condemns terrorist attack in Sri Lanka
 Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Sunday strongly condemned that terrori  
Sexist remark: Electoral Officer warns ruling LDF leader
CPI-M-led LDF holds road show in Wayanad
Toddler in coma after being beaten up; Mother arrested
INTERNATIONAL NEWS
Sri Lanka serial blasts : Seven arrested over multiple blasts
 Colombo: The Sri Lankan government said on Sunday that seven people had been arrested over the multi
Pak Prime Minister Imran Khan arrives in Iran
US confirms deaths of several Americans in Sri Lanka blasts
French Police detain over 120 people amid Yellow Vest rallies in Paris
NATIONAL NEWS
Rahul liar of first order; should apologise to country: BJP on Cong chief''s affidavit in SC
 New Delhi: The BJP demanded an apology from Rahul Gandhi on Monday after the Congress president expr
Shiv Sena asks govt to take over Jet Airways
Congress releases list of six candidates for Delhi Lok Sabha seats
SP-BSP-RLD, an alliance of hearts rather than parties: Akhilesh
Untitled Page
Rashtra Deepika LTD
Copyright @ 2019 , Rashtra Deepika Ltd.