FOREX TradingCharts.com

Forex News: Indian Rupee Recovers From Near Record Low Against

Indian Rupee Recovers From Near Record Low Against U.S. Dollar

10/11/2018 - 08:13:00 (RTTNews)

(RTTNews) - The Indian rupee bounced back from its early near historic low against U.S. dollar in evening deals on Thursday, as the latter fell across the board and the Reserve Bank of India pumped liquidity into the system by purchasing government bonds.

The RBI today injected Rs 12,000 crore liquidity into the system through the purchase of government bonds, aiding to stem losses in Indian currency.

The rupee appreciated to a 2-day high of 73.95 against the greenback, up by 0.8 percent from a near record low of 74.52 hit in morning deals. The rupee is seen finding resistance around the 72.00 region.

Meanwhile, Indian shares closed lower, with the benchmark 30-share BSE Sensex dropping 759.74 points or 2.19 percent to 34,001.15, while the broader Nifty index ended the session down 225.45 points or 2.16 percent at 10,234.65.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


Loonie Little Changed After Canada Wholesale Sales (02 hr(s), 28 min(s), 43 sec(s) ago)
(RTTNews) - Following the release of Canada wholesale sales for August at 8:30 am ET Monday, the l ...Full Story»

Loonie Mixed Ahead Of Canada Wholesale Sales (02 hr(s), 34 min(s), 43 sec(s) ago)
(RTTNews) - At 8:30 am ET Monday, Canada wholesale sales for August are due. Ahead of the dat ...Full Story»

Pound Drops On Brexit Concerns (02 hr(s), 52 min(s), 43 sec(s) ago)
(RTTNews) - The pound fell against its major counterparts in the European session on Monday, after ...Full Story»

Pound Slides Against Majors (04 hr(s), 07 min(s), 43 sec(s) ago)
(RTTNews) - The pound drifted lower against its major counterparts in the European session on Mond ...Full Story»

Yen Weakens Amid Risk Appetite (05 hr(s), 16 min(s), 42 sec(s) ago)
(RTTNews) - The Japanese yen drifted lower against its major counterparts in early European deals ...Full Story»

Euro Strengthens Against Majors (07 hr(s), 31 min(s), 43 sec(s) ago)
(RTTNews) - The euro advanced against its major counterparts in early European deals on Monday. ...Full Story»

Dollar Trading Mixed Ahead Of The Weekend (46 min(s), 17 sec(s) ago)
(RTTNews) - The dollar is turning in a mixed performance against its major rivals Friday afternoon ...Full Story»

Loonie Weakens After Disappointing Canada Inflation, Retail Sales Data (34 min(s), 43 sec(s) ago)
(RTTNews) - The Canadian dollar declined against its major counterparts in the European session on ...Full Story»

Search

FOREX NEWS

Loonie Little Changed After Canada Wholesale Sales

10/22/2018 - 08:35 AM (RTTNews)
(RTTNews) - Following the release of Canada wholesale sales for August at 8:30 am ET Monday, the l ...Full Story>>

Loonie Mixed Ahead Of Canada Wholesale Sales

10/22/2018 - 08:28 AM (RTTNews)
(RTTNews) - At 8:30 am ET Monday, Canada wholesale sales for August are due. Ahead of the dat ...Full Story>>

Pound Drops On Brexit Concerns

10/22/2018 - 08:09 AM (RTTNews)
(RTTNews) - The pound fell against its major counterparts in the European session on Monday, after ...Full Story>>

Pound Slides Against Majors

10/22/2018 - 06:55 AM (RTTNews)
(RTTNews) - The pound drifted lower against its major counterparts in the European session on Mond ...Full Story>>

Yen Weakens Amid Risk Appetite

10/22/2018 - 05:45 AM (RTTNews)
(RTTNews) - The Japanese yen drifted lower against its major counterparts in early European deals ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.