MUMBAI: The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets. The rupee opened 25 paise lower at 91.2462 per dollar and slipped to an intraday low…
The Indian rupee ended nearly flat on Wednesday as dollar demand spurred by maturing contracts in the non-deliverable forwards market blunted positive impulses from modest inflows and gains in Asian peers. Despite expectations of elevated dollar demand related to NDF maturities this week, appetite to wager against the currency has also dulled due to expectations…
The Indian rupee eked out a gain versus the dollar on Monday, as hedging interest from importers and upcoming maturities in forward contracts undercut most of an early advance driven by positive sentiment after the US Supreme Court’s ruling on tariffs. The rupee ended at 90.8825 per US dollar, up 0.1% on the day. The…
The Indian rupee slipped on Friday to post its steepest weekly fall in a month as likely portfolio outflows and lingering geopolitical tensions weighed on the currency, pushing it close to the 91-per-dollar mark. The rupee closed at 90.9825 per dollar, down 0.3% on the day and 0.4% for the week. Central bank intervention, including…
The Indian rupee ended barely changed on Monday, as usual dollar demand met offsetting inflows, keeping the currency largely rangebound at the start of the week. The rupee moved in a narrow 10-paise band to end at 90.65 against its previous close of 90.6350. The rupee had jumped earlier this month, backed by the optimism…
The rupee consolidated in a narrow range and settled for the day 3 paise lower at 90.64 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders said the rupee traded in a narrow range with a weakening…
Global headwinds continue to pose key risks for the Indian stock market and can keep the benchmark Nifty 50 near 29,000 by the end of the year, according to Rohit Srivastava, the founder and market strategist at Indiancharts.com. “The Nifty 50 could be headed towards 29,000 due to global headwinds. So far, the index is…
Rupee Vs Dollar: Indian today rupee dollar It closed with a fall against, but still it closed with the best weekly rise since 2023. It was hit today by possible dollar outflows and traders trimming long bets, but posted its best weekly gain in more than three years after New Delhi and Washington announced a…
Mumbai: The Indian rupee staged a sharp relief rally on Tuesday after the announcement of the landmark US-India trade agreement. Market participants believe the deal will stabilize the currency near the 90-per-dollar mark in the near term and slow the pace of depreciation in the next financial year. The rupee opened stronger at 90.4263 per…
USD vs INR: The India Rupee opened 1.2% higher after India-US trade deal finalized on Monday evening. (This is a developing story) Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions. Source
