Tag: Indian rupee

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Rupee hits two-week low on dollar demand and trade war volatility

Rupee hits two-week low on dollar demand and trade war volatility

The Indian rupee closed at 86.26 on Tuesday, its lowest in over two weeks and weaker by nearly half a percentage point from Monday's close, on importe [...]
Rupee ends tad higher, likely to consolidate ahead of US tariff announcement

Rupee ends tad higher, likely to consolidate ahead of US tariff announcement

The Indian rupee closed marginally higher on Wednesday following a choppy trading session, influenced by maturity of positions in the non-deliverable [...]
Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

The Indian rupee Tuesday snapped a remarkable, unidirectional nine-day rally mimicking the turnaround in the fortunes of Mumbai equities, shedding 12 [...]
Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

The Indian rupee Tuesday snapped a remarkable, unidirectional nine-day rally mimicking the turnaround in the fortunes of Mumbai equities, shedding 12 [...]
Rupee posts largest weekly rise in more than 2 years on inflows

Rupee posts largest weekly rise in more than 2 years on inflows

The Indian rupee posted its best day against the dollar in more than a month on the back of dollar inflows and an unwinding of speculative long-dollar [...]
Rupee slumps on strong demand to buy dollars at daily fix, weak yuan

Rupee slumps on strong demand to buy dollars at daily fix, weak yuan

The Indian rupee weakened on Monday on the back of strong demand to buy dollars at the daily reference rate and as the Chinese yuan slipped amid worri [...]
Rupee ends lower, importer hedging demand outweighs softer dollar

Rupee ends lower, importer hedging demand outweighs softer dollar

The Indian rupee weakened on Thursday, pressured by dollar demand by importers, even as the greenback lingered near a four-month low against its major [...]
India forex reserves snap three-week gains; decline USD 2.5 billion in latest week

India forex reserves snap three-week gains; decline USD 2.5 billion in latest week

New Delhi [India], February 23 (ANI): India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had ext [...]
Heavy RBI intervention helps rupee log best week in 19 months

Heavy RBI intervention helps rupee log best week in 19 months

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exc [...]
rupee: Rupee drops to record low on RBI rate cut bets, stop losses

rupee: Rupee drops to record low on RBI rate cut bets, stop losses

The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a prevailing bearish bias on the [...]
Asia FX slump on trade war fears puts rupee on verge of 87/USD

Asia FX slump on trade war fears puts rupee on verge of 87/USD

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is poised to open at an all-time low against the dollar on Monday, tracking a slump in Asian cu [...]
Rupee dips to lifetime low amid firm dollar ahead of key jobs data

Rupee dips to lifetime low amid firm dollar ahead of key jobs data

The Indian rupee hit an all-time low on Friday, pressured by a firm dollar and as regional currencies stayed on the defensive ahead of the keenly awai [...]
Rupee logs best single-day gain since late Nov to close at 85.71 against US dollar

Rupee logs best single-day gain since late Nov to close at 85.71 against US dollar

The Indian rupee logged its biggest single day gain since late November, to close at 85.71 per US dollar on Tuesday, up 12 paisa from its previous clo [...]
Rupee dips on importer dollar bids, far forward premiums retreat

Rupee dips on importer dollar bids, far forward premiums retreat

The Indian rupee weakened slightly in early trading on Wednesday, pressured by dollar bids on behalf of importers amid lacklustre trading to kick off [...]
RBI Should Rethink Forex Strategy: Economists

RBI Should Rethink Forex Strategy: Economists

Economists said that the Reserve Bank of India (RBI) should come up with a revamped foreign exchange strategy in 2025, while also suggesting loosening [...]
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