US Federal Reserve

Rupee rises 23 paise to 68.74 vs USD in early trade

11:59 am July 19, 2019

Mumbai: The rupee appreciated by 23 paise to 68.74 against the US dollar in early trade Friday, as market participants pinned their hopes on aggressive interest cut by the US Federal Reserve later this month. Forex traders said rupee along with most Asian currencies were trading in the positive territory following dovish comments from both […]

Rupee gains 15 paise to 68.51 against dollar

8:09 pm July 9, 2019

Mumbai: The rupee Tuesday recovered by 15 paise to close at 68.51 against the greenback on fag-end selling of the US currency by banks and importers in line with late recovery in domestic equities. Strengthening crude oil prices and a stronger greenback in global markets, however, kept the rupee rise in check. Investors were also […]

Rupee surges by 24p to 1-wk high on US rate cut hopes

8:36 pm June 20, 2019

Mumbai: The rupee Thursday surged 24 paise to close at a one-week high of Rs 69.44 against the US currency on the back of a rally in equities and losses in the dollar after the US Federal Reserve hinted at a possible rate cut in near future. The rupee rose to a high of 69.35 […]

Sensex soars 489 pts as dovish Fed lifts global markets

8:34 pm June 20, 2019

Mumbai: Equity benchmark Sensex surged 489 points Thursday in tandem with upbeat global markets after the US Federal Reserve’s dovish stance galvanised investor sentiment. The 30-share Sensex, after a lacklustre opening, witnessed across-the-board buying led by banking, healthcare and auto counters. It finally settled 488.89 points, or 1.25 per cent, higher at 39,601.63. Similarly, the […]

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