"dollar-index"

Rupee rebounded 10 paise to 91.80 per dollar Tuesday after retreat in dollar index. Recovery followed record lows amid global uncertainty, FII outflows and weak equities, while traders cited undervaluation, rising reserves and pending US trade deal as stabilising factors

The rupee slipped 5 paise to 89.73 against the US dollar in early trade amid FII outflows and weak equities. Losses were capped by a softer dollar and lower crude prices, while markets await key US economic data 

Gold and silver prices were highly volatile this week amid easing global trade tensions, stronger US economic data, and fading hopes of a December Fed rate cut. Gold fluctuated sharply on MCX, while silver ended lower despite broader bullish sentiment

Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce

The domestic equity markets rebounded with the 30-share BSE Sensex rising 117.57 points to 74,571.98 in early trade, while Nifty was up 31.3 points to 22,584.65

Forex traders say the rupee is likely to remain in a weakening mode due to significant dollar demand

At the interbank forex market, the local unit opened at 72.58 against the greenback and witnessed an intra-day high of 72.29 and a low of 72.58.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.15 per cent to 90.91.

At the interbank forex market, the domestic unit witnessed a highly volatile trading session. It opened at 73.45, pared the gains and finally closed at 73.81 against the greenback.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.13 per cent to 92.26.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.02 per cent to 93.02.

Traders said most Asian currencies opened weak against the US Dollar Index, which started with gains on Wednesday morning in Asian trade ahead of the US Presidential election results.

Most of the Asian currencies have started marginally weak against the US dollar this morning and could weigh on sentiments.

The newly-constituted MPC of the Reserve Bank began its three-day deliberations on Wednesday. The decision of the rate-setting panel will be announced on October 9.