Rupee ends lower on month-end dollar demand
MUMBAI (Reuters) – The rupee ended down on Friday, falling 0.8 percent for the week, dragged by month-end dollar demand from importers and weak equities.
Weakness in local stocks, which snapped a four-day winning streak, to end 0.62 percent lower hurt the currency, dealers said.
Indian rupee ends lower on month-end dollar demand; US GDP awaited
MUMBAI, April 26 (Reuters) – The Indian rupee ended down on
Friday, falling 0.8 percent for the week, dragged by month-end
dollar demand from importers and weak equities.
Weakness in local stocks, which snapped a four-day winning
streak, to end 0.62 percent lower hurt the currency, dealers
said.
Rupee gains on hopes of renewed foreign inflows
MUMBAI (Reuters) – The rupee rose on Thursday, snapping two sessions of losses, on hopes of renewed foreign fund inflows on the back of a buoyant stock market, which gained for a fourth straight session.
Foreign funds have poured in over $500 million in equities in the last four sessions, according to latest data from the capital market regulator.
Indian rupee gains on hopes of renewed foreign inflows
MUMBAI, April 25 (Reuters) – The Indian rupee rose on
Thursday, snapping two sessions of losses, on hopes of renewed
foreign fund inflows on the back of a buoyant stock market,
which gained for a fourth straight session.
Foreign funds have poured in over $500 million in equities
in the last four sessions, according to latest data from the
capital market regulator.
Rupee falls to one-week low; importer demand sustains
MUMBAI (Reuters) – The rupee fell to its lowest in a week on Tuesday, logging a second successive day of loss, as importers continued to buy dollars and a weak euro posed headwinds to the currency.
Dollar demand from importers, particularly oil and gold buyers, has been consistently strong in recent sessions with global commodity prices plummeting, dealers said.
Indian rupee falls to 1-week low; importer demand sustains
MUMBAI, April 23 (Reuters) – The Indian rupee fell to its
lowest in a week on Tuesday, logging a second successive day of
loss, as importers continued to buy dollars and a weak euro
posed headwinds to the currency.
Dollar demand from importers, particularly oil and gold
buyers, has been consistently strong in recent sessions with
global commodity prices plummeting, dealers said.
Rupee falls on heavy dollar demand from gold importers
MUMBAI (Reuters) – The rupee fell on Monday as gold and crude oil importers bought dollars to meet payment obligations, with dealers also citing outflows related to a gas utility.
Some dealers pegged the dollar outflows related to the gas utility at $150-$200 million.
Indian rupee falls on heavy dollar demand from gold importers
MUMBAI, April 22 (Reuters) – The Indian rupee fell on Monday
as gold and crude oil importers bought dollars to meet payment
obligations, with dealers also citing outflows related to a gas
utility.
Some dealers pegged the dollar outflows related to the gas
utility at $150-$200 million.
Sensex flat; IT stocks fall on U.S. visa cost worries
MUMBAI (Reuters) – The BSE Sensex came off two-week highs to end flat on Wednesday as Reliance Industries(RELI.NS: Quote, Profile, Research) fell after posting quarterly revenues that missed analyst estimates and after software services exporters fell on concerns about potentially higher U.S. visa costs.
A fall in European stocks as investors switched to stronger markets in the United States and Asia, where economic growth prospects are brighter due to massive central bank stimulus, also pulled down local shares.
Sensex gains most in seven months; rate-sensitives rally
MUMBAI (Reuters) – The BSE Sensex gained the most in nearly seven months on Tuesday, breaching a key technical resistance, as rate sensitive stocks like autos and banks rose on expectations the Reserve Bank of India (RBI) will cut rates next month on a continued slump in global commodity prices.
A slump in global gold and crude prices will provide elbow-room to the RBI to lower rates for the third time this year as it will help ease some concerns on India’s current account gap.

