The Indian rupee hit an all-time low of 85.06 against the US dollar after the US Fed signaled fewer rate ...More

The Indian rupee hit an all-time low of 85.06 against the US dollar after the US Fed signaled fewer rate cuts next year, triggering a dollar rally and impacting emerging market currencies. ...Less

The Indian rupee hit a new low of 84.86 per US dollar on Monday, driven by a high trade deficit and risin ...More

The Indian rupee hit a new low of 84.86 per US dollar on Monday, driven by a high trade deficit and rising US bond yields. RBI's intervention helped cap the decline. ...Less

The RBI's foreign exchange reserves dropped to a six-month low of $652.8 billion, reflecting the central ...More

The RBI's foreign exchange reserves dropped to a six-month low of $652.8 billion, reflecting the central bank's frequent interventions.Traders expect the rupee to strengthen a bit as the calendar year ends. ...Less

The Indian rupee depreciated to an all time low during the day, but ended slightly stronger at 85.01 per ...More

The Indian rupee depreciated to an all time low during the day, but ended slightly stronger at 85.01 per US dollar on a closing basis, due to the rebalancing of FTSE’s equity index and interventions from the Reserve Bank of India, traders said. ...Less

The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aide ...More

The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar inflows, although its losing steak persisted into a seventh straight week. ...Less

The Indian rupee hit a record low against a strengthening US dollar, crossing 85.0975 in early Friday tra ...More

The Indian rupee hit a record low against a strengthening US dollar, crossing 85.0975 in early Friday trading. Robust US economic data and the Federal Reserve's hawkish stance fueled dollar demand. The dollar index neared a two-year high, impacting the rupee. Traders anticipate further rupee decline, moderated by RBI interventions. ...Less

Central banks worldwide grappled with falling currencies after the Federal Reserve signaled fewer interes ...More

Central banks worldwide grappled with falling currencies after the Federal Reserve signaled fewer interest rate cuts than anticipated. The Fed's move, influenced by potential inflationary risks from incoming U.S. president's policies, strengthened the dollar, impacting emerging markets. Several nations intervened by selling dollars and issuing warnings, highlighting the global repercussions of the Fed's decision. ...Less

Central banks in Asia are faced with a tough choice following the Federal Reserve's hawkish rate cut—eith ...More

Central banks in Asia are faced with a tough choice following the Federal Reserve's hawkish rate cut—either counter the strengthening dollar at a high cost or let their currencies weaken. The Fed's renewed focus on inflation triggered a sharp selloff in Asian currencies, with the Indian rupee hitting a record low and the Korean won dropping to its weakest level since the financial crisis. ...Less

The Indian rupee weakened past 85 per U.S. dollar for the first time, influenced by the Federal Reserve's ...More

The Indian rupee weakened past 85 per U.S. dollar for the first time, influenced by the Federal Reserve's hawkish rate projections. Asian currencies broadly declined after the Fed's 25 basis point rate cut and signal of two further cuts in 2025. Concerns about India's slowing economic growth and weak investment inflows added to the rupee's pressure. ...Less

Dollar sales from local equities put further pressure on the currency. The Reserve Bank of India (RBI) li ...More

Dollar sales from local equities put further pressure on the currency. The Reserve Bank of India (RBI) likely intervened in the market to prevent excess volatility, traders said. ...Less

Union Budget: India's November trade deficit surged to a record $37.84 billion, impacting the rupee's val ...More

Union Budget: India's November trade deficit surged to a record $37.84 billion, impacting the rupee's value. The widening deficit, coupled with a global slowdown and robust import demand, is projected to expand the current account deficit. The government is exploring measures like free trade agreements and export incentives to alleviate the pressure. ...Less

The Indian rupee has dipped about 2% against the US dollar this year, outperforming other emerging market ...More

The Indian rupee has dipped about 2% against the US dollar this year, outperforming other emerging market currencies which have fallen 4-6%. Global factors, particularly the uncertainty surrounding Donald Trump's impending presidency and his trade policies, are strengthening the dollar. This, coupled with outflows from Indian equity markets, is pressuring the rupee. ...Less

The Indian rupee dipped slightly against the US dollar, hovering near its all-time low, as traders antici ...More

The Indian rupee dipped slightly against the US dollar, hovering near its all-time low, as traders anticipated RBI intervention. Concerns arose from India's record trade deficit and foreign investor equity outflows. Asian currencies weakened, while the US Federal Reserve's impending policy decision, including potential rate cuts, added to market uncertainty. ...Less

A stronger dollar index and rising US bond yields added further pressure on the currency, with frontline ...More

A stronger dollar index and rising US bond yields added further pressure on the currency, with frontline equity indices falling sharply through the day. Interventions from the Reserve Bank of India (RBI) helped cap excess weakness in the currency, traders said. ...Less

LIC reported unclaimed maturity amounts of ?880.93 crore in FY24, slightly up from the previous year. The ...More

LIC reported unclaimed maturity amounts of ?880.93 crore in FY24, slightly up from the previous year. The government is employing various methods to reunite policyholders with their funds. Foreign Exchange Reserves dipped recently, while RBI cancelled the registration of thousands of NBFCs and ARCs. ...Less

The Indian rupee dipped slightly against the US dollar due to weak domestic equities and high crude oil p ...More

The Indian rupee dipped slightly against the US dollar due to weak domestic equities and high crude oil prices. Despite rebounding on Friday, the rupee's overall trend is weakening due to importer demand and foreign bank activity. However, increased foreign investment and RBI intervention offer some support. ...Less

India's central bank is struggling to control the falling rupee. The US dollar is rising, impacting Asian ...More

India's central bank is struggling to control the falling rupee. The US dollar is rising, impacting Asian currencies. Weak Indian economic growth and low foreign investment add to the problem. The Reserve Bank of India has been actively intervening in the market. However, its reserves are dwindling. The rupee's stability is now uncertain. ...Less

"Demand from local importers continued to keep the rupee under pressure. There were some inflows, but the ...More

"Demand from local importers continued to keep the rupee under pressure. There were some inflows, but they were all absorbed by the RBI. The central bank was seen protecting levels of 84.87 to 84.88 but RBI interventions did not change the direction of the pair," said Anil Bhansali, head of treasury at Finrex Treasury Advisors. ...Less

Indian parboiled rice prices held steady this week due to strong African demand, counteracting pressure f ...More

Indian parboiled rice prices held steady this week due to strong African demand, counteracting pressure from new crop yields. Vietnamese prices fell on strong supplies, while Thai prices edged up slightly due to baht appreciation. The Indian rupee's record low boosted exporter margins. ...Less

The Indian rupee hit a new low against the US dollar. Demand from importers and the NDF market pushed the ...More

The Indian rupee hit a new low against the US dollar. Demand from importers and the NDF market pushed the rupee down. The Reserve Bank of India intervened to curb further losses. Asian currencies traded mixed. The US dollar held steady after inflation data. The dollar-rupee forward premiums increased on rate cut expectations. ...Less

The Indian rupee slumped to a new record low against the dollar on Wednesday, crossing 84.86 per dollar d ...More

The Indian rupee slumped to a new record low against the dollar on Wednesday, crossing 84.86 per dollar due to strong demand in the non-deliverable forwards market. Likely intervention by the Reserve Bank of India, selling dollars via state-run banks, helped curb further losses, preventing the rupee from mirroring gains seen in other Asian currencies. ...Less

"It is possible now (after the new governor takes charge) that a bit more flexibility is allowed in curre ...More

"It is possible now (after the new governor takes charge) that a bit more flexibility is allowed in currency fluctuations going forward, as compared to the relatively tighter leash seen over the last one year and more," said Sonal Varma, chief economist, India and Asia ex-Japan, Nomura. ...Less

The Indian rupee plummeted to a new record low against the dollar on Tuesday, driven by anticipation of d ...More

The Indian rupee plummeted to a new record low against the dollar on Tuesday, driven by anticipation of domestic rate cuts following the appointment of Sanjay Malhotra as the next RBI governor. Malhotra's appointment has fueled expectations of a shift towards accommodative monetary policy, with a rate cut potentially on the horizon as early as February. ...Less

Sanjay Malhotra takes charge as RBI governor amid economic headwinds. He faces the challenge of balancing ...More

Sanjay Malhotra takes charge as RBI governor amid economic headwinds. He faces the challenge of balancing growth, inflation, and a weakening rupee against a strong dollar. Policy decisions will be complicated by demands for lower interest rates and the need to manage exchange rate volatility. ...Less

The rupee depreciated by 14-15 paise to 84.90 per US dollar in the NDF market, traders said. The fall in ...More

The rupee depreciated by 14-15 paise to 84.90 per US dollar in the NDF market, traders said. The fall in the rupee is because traders expect changes in the central bank's currency intervention policy. During Shaktikanta Das' tenure, the RBI regularly intervened in the foreign exchange market to prevent excess volatility. ...Less

The Indian rupee is expected to fall to a new low against the US dollar within six months, despite interv ...More

The Indian rupee is expected to fall to a new low against the US dollar within six months, despite intervention by the Reserve Bank of India. A Reuters poll forecasts the rupee weakening to around 85.12 per dollar due to a slowing Indian economy, rising US inflation, and capital outflows. ...Less

The Indian rupee weakened slightly against the US dollar, mirroring a dip in Asian currencies, but was cu ...More

The Indian rupee weakened slightly against the US dollar, mirroring a dip in Asian currencies, but was cushioned by dollar offers from banks. Forward premiums rose on bets of a US rate cut next week, while upcoming US and Indian inflation data are key to future rate decisions. ...Less

For foreign currency non-resident (Banks) or FCNR (B) deposits with tenors ranging from one year to less ...More

For foreign currency non-resident (Banks) or FCNR (B) deposits with tenors ranging from one year to less than three years, the ceiling is overnight ARR for the respective currency/ swap plus 400 basis points. The ceiling is 500 basis points above the reference rate for deposits maturing three years and above. ...Less

The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of Indi ...More

The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further. Regional peers also saw gains, while the US dollar softened ahead of key US jobs data. ...Less

The Indian government asks banks to identify and overcome hurdles in implementing international trade set ...More

The Indian government asks banks to identify and overcome hurdles in implementing international trade settlements in Indian rupees through special rupee vostro accounts (SRVA). A crucial meeting is scheduled to address these challenges and boost rupee trade with surplus trade countries amid global financial shifts and sanctions concerns. ...Less

The rupee touched an intraday record low of 84.507 to a dollar, but ended stronger at 84.445/$1, despite ...More

The rupee touched an intraday record low of 84.507 to a dollar, but ended stronger at 84.445/$1, despite the US dollar index strengthening to a two-year high, as the Reserve Bank of India (RBI) likely sold the greenback to cap further depreciation in the currency, traders said. ...Less

The Indian rupee plunged to an all-time low on Monday amid concerns over slowing economic growth and regi ...More

The Indian rupee plunged to an all-time low on Monday amid concerns over slowing economic growth and regional currency declines. The Reserve Bank of India’s likely intervention helped prevent further losses. Persistent outflows from domestic equities and a stronger dollar continued to weigh on the rupee, as foreign investors sold off local stocks. ...Less

A weaker rupee due to global factors and domestic economic conditions can have both positive and negative ...More

A weaker rupee due to global factors and domestic economic conditions can have both positive and negative effects on India. While it benefits exporters, it increases the cost of imports, fuels inflation, and negatively impacts companies with foreign debt. The RBI's intervention plays a crucial role in managing currency volatility. ...Less

The Indian rupee closed at 84.48 per US dollar, flat from its previous close as foreign portfolio investo ...More

The Indian rupee closed at 84.48 per US dollar, flat from its previous close as foreign portfolio investors continued to sell from local stocks and bonds. Likely intervention by the Reserve Bank of India capped excess depreciation in the rupee, traders said. ...Less

The Indian rupee remains flat near its all-time low due to foreign portfolio outflows. The Reserve Bank o ...More

The Indian rupee remains flat near its all-time low due to foreign portfolio outflows. The Reserve Bank of India's interventions have limited the currency's losses. Foreign investors sold $1.4 billion of local stocks on Thursday. The rupee has weakened by 0.5% in November but outperformed most Asian peers which declined by as much as 2%. ...Less

The Indian rupee held steady against the US dollar. RBI intervention likely supported the currency. Impor ...More

The Indian rupee held steady against the US dollar. RBI intervention likely supported the currency. Importers and foreign banks sought dollars. The rupee traded near the 84.50 level. Asian currencies saw mixed performance. The US dollar index recovered slightly. Forward premiums for dollar-rupee rose. US bond yields declined. The RBI is expected to hold interest rates next week. ...Less

The Indian rupee touched a new all-time low of 84.6950 against the US greenback on Monday, in one of the ...More

The Indian rupee touched a new all-time low of 84.6950 against the US greenback on Monday, in one of the sharpest falls in recent months, following US president-elect Donald Trump's threat to impose a 100% tariff on the BRICS countries, in which India is a part, if they try to create an alternative to dollar. ...Less

The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the Amer ...More

The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the American economy from Donald Trump's policies. Despite interventions by the Reserve Bank of India, the rupee weakened further, fueled by foreign investors pulling money out of Indian stocks. ...Less

Analysts reckon that the President-elect's policies could reignite inflation in the U.S. and temper futur ...More

Analysts reckon that the President-elect's policies could reignite inflation in the U.S. and temper future rate cuts by the Federal Reserve ...Less

The Indian rupee opened relatively flat against the US dollar despite support from positive domestic equi ...More

The Indian rupee opened relatively flat against the US dollar despite support from positive domestic equities. Geopolitical concerns, strong US dollar performance, and continued foreign portfolio outflows weighed on the rupee. The rupee reached an all-time low on Thursday due to the strengthening US dollar and high US yields. ...Less

The Reserve Bank of India and the Maldives Monetary Authority have signed an agreement to allow cross-bor ...More

The Reserve Bank of India and the Maldives Monetary Authority have signed an agreement to allow cross-border transactions using the Indian Rupee and the Maldivian Rufiyaa. This framework aims to reduce transaction costs, promote bilateral trade, and strengthen economic ties between the two nations. ...Less

The Reserve Bank of India (RBI) defended its management of the rupee, stating its interventions in the fo ...More

The Reserve Bank of India (RBI) defended its management of the rupee, stating its interventions in the foreign exchange market are necessary to maintain stability amidst global economic uncertainty. The RBI emphasized that the rupee's value is determined by market forces and the country's strong economic fundamentals, ensuring its position as one of the least volatile currencies globally. ...Less

The Indian rupee plummeted to a historic low against the US dollar due to a mass exodus of foreign invest ...More

The Indian rupee plummeted to a historic low against the US dollar due to a mass exodus of foreign investments from the Indian stock market. This decline was fueled by a steep drop in Adani group shares following allegations of a bribery scheme and uncertainty surrounding the Federal Reserve's interest rate policy. ...Less

The Indian rupee fell to a record low against the US dollar. The Reserve Bank of India intervened to supp ...More

The Indian rupee fell to a record low against the US dollar. The Reserve Bank of India intervened to support the currency. Asian currencies traded mixed as the dollar index rose. Sustained portfolio outflows have weighed on the rupee. The RBI's interventions aim to curb volatility while allowing gradual depreciation. ...Less

The Indian rupee hit a record low against a surging U.S. dollar but outperformed other Asian currencies d ...More

The Indian rupee hit a record low against a surging U.S. dollar but outperformed other Asian currencies due to state bank intervention. The dollar's strength follows Trump's election victory, which is expected to impact U.S. economic policies. ...Less

The Indian rupee closed nearly unchanged on Wednesday, as dollar sales by state-run banks helped the curr ...More

The Indian rupee closed nearly unchanged on Wednesday, as dollar sales by state-run banks helped the currency withstand pressure from equity outflows and persistent strength in the U.S. dollar. ...Less

A likely intervention from the central bank prevented a sharp fall, traders said, even as the dollar has ...More

A likely intervention from the central bank prevented a sharp fall, traders said, even as the dollar has been strengthening against all other currencies since the beginning of this month, notably after Donald Trump won the US elections, prompting global concerns about a steeper tariff structure will stoke inflation in the world's largest economy and prevent further rate reductions by the Federal Reserve. ...Less

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar if Dona ...More

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar if Donald Trump wins the 2024 presidential election. Despite hitting a record low, SBI believes the rupee will stabilize between Rs 87 and 92 per dollar. ...Less

The Indian rupee fell to an all-time low of 84.0725 against the U.S. dollar, driven by strong dollar dema ...More

The Indian rupee fell to an all-time low of 84.0725 against the U.S. dollar, driven by strong dollar demand from foreign banks and regional currency weakness amid disappointment over China's economic stimulus efforts. ...Less

The Indian rupee hit a new low against the US dollar, driven down by concerns about the impact of Trump's ...More

The Indian rupee hit a new low against the US dollar, driven down by concerns about the impact of Trump's election victory and foreign investor withdrawals from Indian stocks. The Reserve Bank of India intervened in the market to support the rupee, leading to a decline in India's foreign exchange reserves. ...Less

Commerce Minister Piyush Goyal announced on Monday that the Indian rupee should appreciate due to strong ...More

Commerce Minister Piyush Goyal announced on Monday that the Indian rupee should appreciate due to strong inflows in debt and equity markets, noting the country's foreign exchange reserves have surpassed $700 billion for the first time. India now ranks fourth globally in foreign exchange reserves, following China, Japan, and Switzerland. ...Less

The Indian rupee hit a record low of 84.38 per dollar intraday on Friday but closed at 84.375, largely un ...More

The Indian rupee hit a record low of 84.38 per dollar intraday on Friday but closed at 84.375, largely unchanged, due to RBI intervention. It fell 0.66% during the week, impacted by rising US dollar strength following Trump’s election win. ...Less

The Indian rupee weakened to a record low on Friday and logged its worst weekly fall since May, pressured ...More

The Indian rupee weakened to a record low on Friday and logged its worst weekly fall since May, pressured by sustained outflows from local stocks and expectations of a stronger dollar after Donald Trump won the U.S. election. ...Less

Despite a 26-paise fall, the Indian rupee remains the strongest among emerging Asian currencies, deprecia ...More

Despite a 26-paise fall, the Indian rupee remains the strongest among emerging Asian currencies, depreciating only 0.65% since October. Other currencies like the ruble, baht, won, and yuan weakened significantly amid global economic turmoil. ...Less

The Indian rupee fell to its weakest level on record on Thursday, hurt by outflows from local equities an ...More

The Indian rupee fell to its weakest level on record on Thursday, hurt by outflows from local equities and on expectations that Donald Trump's victory in the U.S. presidential race may boost the dollar going forward. ...Less

The Indian rupee plummeted to a record low against the U.S. dollar on Wednesday, as early U.S. election r ...More

The Indian rupee plummeted to a record low against the U.S. dollar on Wednesday, as early U.S. election results spurred a dollar rally and weighed on Asian currencies. The rupee slid to 84.1725 per dollar, while the dollar index surged to a four-month high. Early projections showed Trump leading the presidential race, fueling 'Trump trades' and pushing U.S. ...Less

Foreign banks were spotted bidding for dollars, likely on behalf of custodial clients, while dollar offer ...More

Foreign banks were spotted bidding for dollars, likely on behalf of custodial clients, while dollar offers from state-run banks kept a lid on the rupee's losses, traders said ...Less

The rupee depreciated 4 paisa, to close at 84.11/$1, versus its previous close of 84.07 per dollar, LSEG ...More

The rupee depreciated 4 paisa, to close at 84.11/$1, versus its previous close of 84.07 per dollar, LSEG data showed. Likely interventions by the Reserve Bank of India (RBI) helped prevent a sharper decline. However, the RBI was not very aggressive in its dollar sales on Monday, traders said. ...Less

The Indian rupee hit an all-time low of 84.1050 against the dollar on Monday due to persistent outflows f ...More

The Indian rupee hit an all-time low of 84.1050 against the dollar on Monday due to persistent outflows from local stocks. The BSE Sensex and Nifty 50 indexes fell over 1.5% amid possible overseas investor selling and caution before the U.S. presidential election outcome. Asian currencies were mainly higher, while the dollar index dipped. ...Less

The Reserve Bank of India's foreign exchange reserves decreased by $3.5 billion to $684.8 billion in the ...More

The Reserve Bank of India's foreign exchange reserves decreased by $3.5 billion to $684.8 billion in the week ended September 25, primarily due to the central bank's dollar sales to prevent rupee depreciation. Foreign currency assets fell significantly while gold reserves saw a rise. Outflows from Indian stocks and bonds added pressure on the rupee. ...Less

The Indian rupee stayed stable due to central bank interventions despite pressure from rising odds of Tru ...More

The Indian rupee stayed stable due to central bank interventions despite pressure from rising odds of Trump winning the U.S. elections. Asian currencies saw fluctuations, but the rupee's volatility remained low. The RBI's actions countered significant foreign equity outflows, maintaining the rupee's value. Exporters are advised to wait, and importers should hedge on dips. ...Less

The Indian rupee ended largely unchanged on Wednesday, after falling to a record low on importers' dollar ...More

The Indian rupee ended largely unchanged on Wednesday, after falling to a record low on importers' dollar demand and outflows from local equities in the run-up to the U.S. presidential election, while the central bank's intervention helped contain the fall. ...Less

The Indian rupee declined to a lifetime low at 84.0900 to the U.S. dollar, influenced by concerns over U. ...More

The Indian rupee declined to a lifetime low at 84.0900 to the U.S. dollar, influenced by concerns over U.S. elections and foreign outflows. Despite regular RBI intervention, the rupee remains down 0.34% this month. Investors have withdrawn over $10 billion from Indian equities, leading to a 5.3% drop in the Nifty 50 Index month-to-date. ...Less

The Reserve Bank of India (RBI) has been intervening regularly to support the rupee, which has meant that ...More

The Reserve Bank of India (RBI) has been intervening regularly to support the rupee, which has meant that the unit's decline has been measured.The muted price action in the spot market reveals the extent of the RBI's control on the currency - for the last eight sessions, the rupee's intraday trading range has been under three paisa ...Less

Swaminathan Aiyar examines how a Trump victory might bring heavy tariffs and protectionism, impacting glo ...More

Swaminathan Aiyar examines how a Trump victory might bring heavy tariffs and protectionism, impacting global trade and India. Regardless of who wins, the protectionist mood in the US could erect tariff walls against India. Despite this, the global and US economies have shown resilience, with both the dollar and rupee expected to perform well in 2025. ...Less

The rupee dropped to an all-time low of 84.0850 to the dollar, slipping past the 84.0825 low it hit last ...More

The rupee dropped to an all-time low of 84.0850 to the dollar, slipping past the 84.0825 low it hit last week. Most Asian currencies were weaker on the day in the wake of a further rise in U.S. yields. ...Less

Benchmark Indian equity indexes, the BSE Sensex and Nifty 50 declined nearly 1% each on Friday to log the ...More

Benchmark Indian equity indexes, the BSE Sensex and Nifty 50 declined nearly 1% each on Friday to log their fourth consecutive weekly decline amid sustained pressure due to the exodus of foreign money from local equities. ...Less

The rupee ended at 84.08 against the U.S. dollar, its weakest closing level on record, and marginally low ...More

The rupee ended at 84.08 against the U.S. dollar, its weakest closing level on record, and marginally lower than its closing level of 84.0775 in the previous session. ...Less

The Indian rupee mildly appreciated on Tuesday, and closed at 84.03 against the US dollar, as falling cru ...More

The Indian rupee mildly appreciated on Tuesday, and closed at 84.03 against the US dollar, as falling crude oil prices balanced out some pressure from the local currency due to portfolio outflows from Indian stocks and bonds. The Reserve Bank of India was also likely present, and did not allow the rupee to go past the 84.08/$1 mark, dealers said. ...Less

Asian currencies were down between 0.1% to 0.4% while the dollar index was at 103.9, hovering close to it ...More

Asian currencies were down between 0.1% to 0.4% while the dollar index was at 103.9, hovering close to its highest level in two months. ...Less

The Indian rupee hit a record low of 84.0725 against the US dollar, driven by outflows from local equitie ...More

The Indian rupee hit a record low of 84.0725 against the US dollar, driven by outflows from local equities and debt, and Hyundai's fund repatriation. The Reserve Bank of India's likely intervention helped limit further losses, while fluctuations in the dollar index ahead of US elections also influenced the rupee's performance. ...Less

While Asian currencies rose on Friday, the rupee was unable to benefit from the positive cue in face of d ...More

While Asian currencies rose on Friday, the rupee was unable to benefit from the positive cue in face of dollar bids from foreign banks and local oil companies, traders said. ...Less

The rupee closed at 84.0675 against the dollar, down about 0.1% from its closing level of 83.9950 in the ...More

The rupee closed at 84.0675 against the dollar, down about 0.1% from its closing level of 83.9950 in the previous session. The currency is just shy of its all-time low of 84.0750 hit on Monday. ...Less

Dollar demand from foreign banks, likely on behalf of custodial clients, blunted the positive effects of ...More

Dollar demand from foreign banks, likely on behalf of custodial clients, blunted the positive effects of lower oil prices and gain in most of the rupee's Asian peers, traders said. ...Less

The rupee, alongside its Asian peers, is benefiting from a "very risk-positive set up" following the Fede ...More

The rupee, alongside its Asian peers, is benefiting from a "very risk-positive set up" following the Federal Reserve's jumbo rate cut and stimulus measures by China, Brad Bechtel, global head of foreign exchange at Jefferies, said. ...Less

Dollar-rupee forward premiums have declined as a result of bets on shallower Fed rate cuts alongside the ...More

Dollar-rupee forward premiums have declined as a result of bets on shallower Fed rate cuts alongside the RBI changing its policy stance to "neutral," on Wednesday ...Less

The Indian rupee remained steady at 83.962 per US dollar on Tuesday due to likely Reserve Bank of India i ...More

The Indian rupee remained steady at 83.962 per US dollar on Tuesday due to likely Reserve Bank of India interventions, despite pressures from rising dollar index, oil prices, and local equity outflows. Risks of breaching the 84/$1 mark are high amid ongoing economic pressures. ...Less

The yuan’s recent rally can largely be attributed to the softening of the US dollar. The dollar's slide w ...More

The yuan’s recent rally can largely be attributed to the softening of the US dollar. The dollar's slide was sparked by several factors, including the Bank of Japan’s (BOJ) unexpected rate hike, which led to an unwinding of short positions against the yen and triggered a broader sell-off of the dollar. ...Less

The Indian rupee slightly rose as oil prices declined and regional peers gained, ahead of the Reserve Ban ...More

The Indian rupee slightly rose as oil prices declined and regional peers gained, ahead of the Reserve Bank of India's monetary policy decision. Despite hovering near its record low, RBI interventions helped stabilize it. Traders focused on the expected unchanged policy rates but speculated on a possible shift in stance to neutral. ...Less

The Indian rupee remained mostly stable against the U.S. dollar due to the Reserve Bank of India's interv ...More

The Indian rupee remained mostly stable against the U.S. dollar due to the Reserve Bank of India's interventions, despite negative influences such as rising U.S. bond yields, high oil prices, and equity outflows. ...Less

The Indian rupee traded almost flat on 7th October to end at 83.97 per US dollar even as the dollar index ...More

The Indian rupee traded almost flat on 7th October to end at 83.97 per US dollar even as the dollar index strengthened, as likely intervention from the Reserve Bank of India kept the local currency from crossing its psychologically significant 84/$1 mark, traders said. ...Less

Indian rupee logged its worst weekly decline since May to end at 83.97 per US dollar, LSEG data showed, a ...More

Indian rupee logged its worst weekly decline since May to end at 83.97 per US dollar, LSEG data showed, as outflows in equities and a rise in crude oil prices put pressure on the local currency. ...Less

The Indian rupee remained nearly stable at 83.9725 against the U.S. dollar, ending a week of significant ...More

The Indian rupee remained nearly stable at 83.9725 against the U.S. dollar, ending a week of significant equity outflows and rising crude oil prices fueled by Middle East tensions. ...Less

The Indian rupee strengthened to 83.59 per US Dollar due to sales of the greenback from local corporates ...More

The Indian rupee strengthened to 83.59 per US Dollar due to sales of the greenback from local corporates and inflows in local stocks and bonds. These flows are seen after the US Federal Reserve cut interest rates last week, and in speculation of another rate cut by the US in November, currency dealers said. ...Less

The domestic currency fell to an intraday low of 83.97 during the session, just shy of its record low of ...More

The domestic currency fell to an intraday low of 83.97 during the session, just shy of its record low of 83.9850, hit last month. ...Less

The Indian rupee closed little changed on Tuesday as exporters' dollar sales helped offset the decline in ...More

The Indian rupee closed little changed on Tuesday as exporters' dollar sales helped offset the decline in Asian currencies, which were pressured by tempered hopes of another hefty interest rate cut by the U.S. Federal Reserve. ...Less

The Reserve Bank of India's foreign exchange reserves reached a new high of $692.3 billion in the week en ...More

The Reserve Bank of India's foreign exchange reserves reached a new high of $692.3 billion in the week ending September 20, driven by a $2 billion surge in foreign currency assets. Foreign investors contributed $10.9 billion to Indian stocks and bonds this month, marking the highest monthly inflow this year. ...Less

Traders pointed to strong dollar demand from local importers, paring of speculative longs, and likely abs ...More

Traders pointed to strong dollar demand from local importers, paring of speculative longs, and likely absorption of dollar inflows by the Reserve Bank of India as factors that have kept a lid on the currency's gains ...Less

Importers' dollar-buying, related to month-end payments, along with the unwinding of some interbank long ...More

Importers' dollar-buying, related to month-end payments, along with the unwinding of some interbank long positions kept the rupee on the backfoot despite gains in its Asian peers, traders said. ...Less

?The yuan rose above 7 per dollar for the first time since May 2023, lifted by investor optimism a day af ...More

?The yuan rose above 7 per dollar for the first time since May 2023, lifted by investor optimism a day after broad policy easing measures were announced to shore up the country's flailing economy. ...Less

The rupee appreciated by 10 paise to 83.53 against the US dollar in early trade on Wednesday due to overa ...More

The rupee appreciated by 10 paise to 83.53 against the US dollar in early trade on Wednesday due to overall dollar weakness. The US consumer confidence dropped significantly, affecting the dollar. The Reserve Bank of India's active intervention keeps the rupee steady. The Asian Development Bank retained India's growth forecast at 7% for the current fiscal year. ...Less

?The pressure snapped the currency's six-day winning streak which had lifted the currency by about 0.5%. ...More

?The pressure snapped the currency's six-day winning streak which had lifted the currency by about 0.5%. On Monday, the rupee had touched an intraday high of 83.4350, its best level in nearly three months. ...Less

The Indian rupee traded within a narrow range on Tuesday, depreciating by 3 paise to 83.57 against the US ...More

The Indian rupee traded within a narrow range on Tuesday, depreciating by 3 paise to 83.57 against the US dollar amid muted domestic equities and rising crude oil prices. Forex traders noted the Reserve Bank of India's active intervention. The dollar index rose slightly, while Brent crude prices increased in futures trade. ...Less

The rupee was at 83.4850 against the U.S. dollar as of 12 noon IST, its strongest level since July 9. The ...More

The rupee was at 83.4850 against the U.S. dollar as of 12 noon IST, its strongest level since July 9. The currency was up 0.2% on the day and on course to post its best single day since May 2024. ...Less

Overseas investors have net bought more than $7 billion of Indian debt and equities so far in September, ...More

Overseas investors have net bought more than $7 billion of Indian debt and equities so far in September, the highest monthly inflow since December 2023 ...Less

India's central bank chief Shaktikanta Das has managed to control rupee volatility while allowing it to w ...More

India's central bank chief Shaktikanta Das has managed to control rupee volatility while allowing it to weaken, supporting Prime Minister Narendra Modi's export goals. The Reserve Bank of India's foreign-exchange reserves have grown significantly, helping attract foreign investment and improve the current account deficit. This strategy has drawn some criticism but also showcases India's economic strength. ...Less

The 1-month non-deliverable forward indicated the rupee will open at 83.60-83.62 to the U.S. dollar compa ...More

The 1-month non-deliverable forward indicated the rupee will open at 83.60-83.62 to the U.S. dollar compared with 83.68 in the previous session. The rupee is on a four-day winning streak and is headed for its best weekly performance in at least four months. ...Less

The Indian rupee reached a two-month high, driven by portfolio inflows and a rally in the Chinese yuan fo ...More

The Indian rupee reached a two-month high, driven by portfolio inflows and a rally in the Chinese yuan following the Federal Reserve's interest rate cut. The rupee closed at 83.68 against the U.S. dollar, with India's equity indices also seeing gains. ...Less

The rupee closed at 83.75 against the U.S. dollar, up 0.1% from its close at 83.8875 on Monday. The curre ...More

The rupee closed at 83.75 against the U.S. dollar, up 0.1% from its close at 83.8875 on Monday. The currency touched a peak of 83.71 during the session, its highest since August 1. ...Less