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Neha Dasgupta
Mumbai, May 19, 2014
The Indian currency is trading at 58.52/53 per dollar in early trade, off its session high of 58.47, its highest since June 18. It closed at 58.79/80 on Friday.

Mumbai, May 16, 2014
In straight three sessions, rupee has flared up 126 paise or 2.10 per cent. Foreign institutional investors bought a net Rs 3,634.82 crore worth equities, boosting the value of rupee.

Mumbai, May 15, 2014
\"Amid optimism over the election results and consistent gains in the stock markets, rupee is leading the gains among emerging Asian currencies,\" said Abhishek Goenka, CEO, India Forex Advisors.

Mumbai, May 13, 2014
Banks and exporters preferred to reduce their dollar position on hopes of more foreign capital inflows on the back of strong equity market. The dollex index was up by 0.23 per cent against the major currencies in the international market.

Mumbai, May 12, 2014
The rupee resumed higher 59.98 per dollar as against the last weekend's level of 60.04 per dollar and firmed up further to 59.51 per dollar on initial selling of dollars by banks and exporters on the back of sustained foreign capital inflows into equity market.

Mumbai, May 7, 2014
It hovered in a range of 59.96 per dollar and 60.15 per dollar during the day. The dollar index was down by 0.02 pct against a basket of six major global currencies. Mr. Pramit Brahmbhatt, Veracity Group CEO said, \"Rupee continued to trade range bound to slightly strong for the day.

Mumbai, May 5, 2014
The rupee opened higher at 60.09 per dollar as against the last weekend's level of 60.16 per dollar at the Interbank Foreign Exchange (Forex) market and firmed up further to 60.00 per dollar on initial dollar selling from banks and exporters due to persistent foreign capial inflows into equity market coupled with weakness of dollar in overseas.

Mumbai, April 26, 2014
The Met Department on Thursday said the monsoon is expected to be below normal in 2014 because of the El Nino effect, arising from the warmer-than-average sea surface temperature in the central and eastern tropical Pacific Ocean.

Mumbai, April 22, 2014
Mr. Pramit Brahmbhatt, Veracity Group CEO,\"Rupee continued to trade weak for the second consecutive day, taking cues from heavy dollar demand from oil importers. This week so far in just two days Rupee has depreciated almost 0.8 percent and is trading near the psychological figure 61.00 the major resistance for the rupee. The trading range for the Spot rupee is expected to be within 60.40 to 61.20.\"

Mumbai, March 28, 2014
At the Interbank Foreign Exchange market, the rupee commenced higher at 60.18, which was also the day's low, but improved further to a high of 59.68. It closed the day at 59.91 a dollar, showing a surge of 40 paise.

Mumbai, March 26, 2014
Dollar selling by exporters and some banks also aided the rupee surge, a forex dealer said. At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed strong at 60.28 a dollar from last close of 60.48.

Mumbai, March 23, 2014
The BSE 30-share barometer resumed better and was trapped in a narrow breadth of over 335 points before settling at 21,775.32, a fall of 54.48 points, or 0.25 per cent.

Mumbai, March 20, 2014
At the Interbank Foreign Exchange (Forex) market, the domestic unit resumed lower at 61.36 a dollar from previous close of 60.95. It tried to recover in afternoon deals to a high of 61.0650. However, it fell back to a low of 61.40 before concluding at 61.34-a fall of 39 paise or 0.64 per cent.

Mumbai, March 13, 2014
Sustained capital inflows also aided the rupee recovery while weak local equities capped the rupee rise to some extent, a forex dealer said.

New Delhi, March 11, 2014
Analysts are growing increasingly bullish about the rupee in the near-term on the back of a sharply narrower current account deficit (CAD), easing inflation, and strong foreign investor inflows.

Mumbai, March 11, 2014
In the past five sessions, the local currency had flared up by 119 paise or 1.92 per cent. Strong USD overseas amid fresh dollar demand from importers and renewed capital outflows also weighed on the rupee, a forex dealer said.

Mumbai, March 6, 2014
The rupee was aided by current account deficit data for December 2013-14. A sharp rise in the benchmark indexes also boosted the currency. The Sensex closed 1.11 per cent or 237 points higher on Thursday, extending a recent rally as continued buying by foreign investors boosted blue chips such as ICICI Bank.

Mumbai, March 5, 2014
At the Interbank Foreign Exchange (Forex) market, the local currency commenced weak at 61.90 a dollar from previous close of 61.85. It eased to a low of 61.92 in early trades. However, helped by positive cues, the rupee later rebounded to a over one-month intra-day high of 61.6650, before concluding at 61.75-a rise of ten paise or 0.16 per cent.

Mumbai, February 28, 2014
Sustained capital inflows and sharp fall in dollar overseas also aided the rupee sentiment, a forex dealer said. Sluggish dollar overseas also boosted the rupee value as the dollar index was down by 0.47 per cent against a basket of six major global rivals.

Mumbai, February 26, 2014
At the Interbank Foreign Exchange market, the domestic unit commenced slightly lower at 61.96 a dollar from previous close of 61.94 and was trapped in a narrow range of 61.90 and 62.06 before concluding at 61.98, a fall of four paise or 0.06 per cent.

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