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Rupee fairly valued, may reach new lows, aligning with other peer group currencies: Mahendra Kumar Jajoo

Mahendra Kumar Jajoo, Head-Fixed Income, Mirae Asset Investment, says the rupee is currently valued at 87-87.5 which he considers fair value and may reach...

Rupee still overvalued despite steep depreciation in the past few days

Despite the continuous depreciation of the rupee, economists say that the local currency is still overvalued in terms of an inflation adjusted (with its...

FII action, Waaree Energies IPO listing and 5 more factors that will steer D-Street this week

Nifty ended Friday with weekly declines of 2.7%, falling in all five sessions during the week. When markets resume trading on Monday, a host...

Rupee ends flat at 83.48 against dollar

Mumbai: The rupee ended largely unchanged versus the US dollar on Tuesday as market participants stayed on the sidelines ahead of Federal Reserve chair...

Rupee strengthens slightly against dollar, settling at 83.495

Mumbai: The rupee strengthened slightly versus the dollar on Thursday due to dollar inflows into the Indian stocks and bonds, dealers said. The rupee...

Rupee closes marginally lower at 83.53 against dollar

Mumbai: The rupee weakened slightly versus the dollar on Wednesday due to caution ahead of the US Federal Open Market Committee (FOMC) minutes and...

Rupee gains 0.1% against US dollar, ends at 83.38

Mumbai: The rupee closed at 83.38 on Friday appreciating almost 0.1% since its last close of 83.46/$1 as dollar inflows came in due to...

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