Rupee's upside seen largely capped at current level | Reuters
WEB19 hours ago · The 1-month non-deliverable forward indicated that the rupee will open at 83.53-83.55 to the U.S. dollar compared with 83.5525 in the previous session. On Monday, the rupee reached an intraday ...
Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB5 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.
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 faces challenge as US dollar surges after Fed's large rate cut …
WEBBy Nimesh Vora MUMBAI (Reuters) - The Indian rupee's recovery on Thursday will have to contend with a broadly higher U.S. dollar despite the Federal Reserve delivering a 50-basis-point rate cut.
Rupee ends flat after hitting 3-month peak; oil firms’ dollar bids ...
WEB1 day 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.
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.
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 falls most in over a year as vote count shows narrower win …
WEBJun 4, 2024 · The Indian rupee slumped on Tuesday after vote counting trends signalled that Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance would win a narrower majority than was expected ...
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. Likely...
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 ...
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