Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB4 days ago · The Indian rupee hit a two-month high on Thursday, aided by likely portfolio inflows and a rally in the Chinese yuan after the Federal Reserve delivered a 50 basis points interest rate cut.
Rupee logs best week this year, aided by Fed cut, portfolio inflows
WEB3 days ago · The rupee closed at 83.5625 against the U.S. dollar, up from its close at 83.68 in the previous session. The Indian currency jumped to an more than two-month high of 83.4850 earlier in the session ...
Rally in dollar/rupee forward premiums may have room to run, …
WEB1 day ago · A three-month rally in dollar-rupee forward premiums is expected to push on amid wagers of another outsized rate cut in the United States while India's central bank moves cautiously on monetary ...
Rupee ends flat after hitting 3-month peak; oil firms’ dollar bids ...
WEB13 hours ago · The Indian rupee ended flat on Monday as dollar demand from local oil companies pulled the currency off a near three-month high, hit due to likely portfolio inflows. The rupee closed at 83.5525 against the U.S. dollar, nearly unchanged from its close at 83.5625 in the previous session.
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
WEBAug 9, 2024 · India’s central bank looks to have drawn a new line in the sand for the rupee at the 84-per-dollar level, according to analysts. The Indian currency tested a series of record lows in recent days...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe Indian rupee rose by 0.05% to 83.9250 on Friday, supported by hopes of a significant rate cut by the Federal Reserve next week. This development also boosted most Asian currencies and dollar-rupee forward premiums. Traders expect the rupee to remain rangebound due to continued demand for dollars from importers.
Rupee settles at record closing low as equity tax hikes hurt …
WEBJul 23, 2024 · The Indian rupee slipped to record lows on Tuesday as the government raising tax rates for capital gains from equity investments and on equity derivative trades hurt market sentiment.
USD/INR Currency Exchange Rate & News - Google Finance
WEBGet the latest United States Dollar to Indian Rupee (USD / INR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and ...
Rupee’s Brief Dalliance With Record Low Yet to Crack Tight Range
WEBNov 2, 2023 · The Indian rupee saw a record low close of 83.29 per dollar Wednesday before pulling back Thursday, but strategists say a sustained break of its recent trading range is needed before momentum ...
How India’s Rupee Went From Most to Least Volatile in Asia
WEBJun 26, 2024 · The Indian rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround reflects India’s growing economic heft and the ...