Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB3 days ago · The rupee ended at 83.68 against the U.S. dollar, up 0.1% from its previous close of 83.75. The currency scaled as high as 83.57 in the session, its strongest since July 18.
Rupee logs best week this year, aided by Fed cut, portfolio inflows
WEB2 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 ...
Rupee faces challenge as US dollar surges after Fed's large rate …
WEBThe 1-month dollar/rupee non-deliverable forward (NDF) declined to 83.66 following the Fed rate cut. Economists had expected a smaller 25-bp rate cut, per a Reuters poll. The 1-month NDF of 83.66 ...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe 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.
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 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.
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 ...
India rupee to rise on drop in US yields, state poll outcome
WEBDec 4, 2023 · The Indian rupee is likely to open stronger on Monday, aided by a drop in U.S. Treasury yields following comments from Federal Reserve Chair Jerome Powell and on the back of state election ...
Indian Rupee Hits Weakest Level Ever Against the Dollar - The …
WEBJul 19, 2022 · The Indian rupee touched the weakest level on record against the dollar on Tuesday, another victim of higher energy prices and a stronger greenback.
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 ...
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