Welcome to the NYMEX Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
The Indian rupee closes at 90.19 versus the US dollar, down 0.36% from the previous close, setting yet another record low. The currency has declined by over 5% on a cumulative basis this year against the greenback. A stalled trade agreement between the US and India, persistent equity sales by foreign portfolio investors, and a…
Indian rupee closed at a historic low of 89.87 versus the US dollar, continuing its losing trend. The stalled India–US trade pact and continued FPI outflows from equities have added to the negative pressure on the currency. The rupee plummeted for the fifth straight day, setting a fresh low of 89.95 per dollar, down 0.45%…
The Indian rupee opened at 89.40, down 0.1% from the previous closing of 89.30 per US dollar. Due to the imbalance between strong importer hedging and cautious exporter flows, the rupee began lower on Friday, keeping it dependent on central bank support and susceptible to a lifetime low. After closing at 89.3050 on Thursday and…
The Indian rupee begins at 89.2050 per US dollar, up 0.07% from the previous close of 89.27. Although bankers have warned that the currency has failed to sustain any relief rallies, the Indian rupee opened higher on Thursday thanks to a weaker dollar on speculations of a December Federal Reserve rate decrease. The rupee might…
In early trading on Wednesday, the rupee recovered its early losses and gained 2 paise to 89.20 against the US dollar, following a weak US dollar and positive sentiment in the domestic share market. Forex traders claim that, despite the Indian currency being under pressure due to increased crude oil prices, there was a foreign…
Due to bank sales of US dollars and a decline in the price of crude oil globally, the rupee recovered from record lows on Monday, rising 49 paise to 89.17 against the US dollar in early trading. Forex traders claim that the Reserve Bank of India’s (RBI) involvement and a favorable opening in the domestic…
Due to a sharp rise in the value of gold reserves, India’s foreign exchange reserves increased $5.543 billion to $692.576 billion during the week ending November 14, the RBI reported on Friday. In the previous reporting week, the total reserves had decreased by $2.699 billion to $687.034 billion. According to figures issued on Friday, foreign…
Due to declining risk appetite, dwindling hopes for a Federal Reserve rate decrease, and uncertainty around a US-India trade agreement, the Indian rupee fell to a record low against the dollar on Friday. The rupee fell from its previous all-time low of 88.80, which was reached in late September and earlier this month, to 89.48….
Due to high crude oil prices and withdrawals of foreign funds, the rupee fell 15 paise to 88.65 against the dollar in early trading on Wednesday. Forex traders reported that the domestic unit was supported at lower levels by renewed confidence for the trade agreement between the US and India. The rupee began trading at…
The presence of state-run banks curbed weakening in the local currency. Still, consistent interbank dollar bids dampened positive signals from increased risk appetite worldwide, causing the Indian rupee to move in a narrow band on Monday. The rupee was almost steady from its finish of 88.66 in the previous session, closing at 88.6750 against the…
