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The Indian rupee is expected to open little changed on Wednesday and hold a narrow range, as traders monitor the Chinese yuan for cues amid China-U.S. trade developments and keep an eye on flows.
The Indian rupee is likely to inch up at open on Tuesday, helped by the dollar falling to a fresh multi-year low on worries over U.S. fiscal and trade policy.
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is likely to open slightly weaker on Tuesday and is expected to hold a narrow range through the day amid a struggling U.S. dollar and the lack of ...
Looking at the technical levels, the report suggests that the Indian rupee may consolidate at the current levels, taking support at 84.40.
Rupee sees worst single-day fall in nearly 3 months The rupee slumped 61 paise (0.71%) to close at 85.8425 against the dollar on Monday, marking its sharpest single-day drop since January 12.
Even in a year where currency volatility is falling worldwide, the slump in swings in the Indian rupee has traders from London to Singapore asking when the central bank will loosen its iron grip.
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
The Indian rupee touched the weakest level on record against the dollar on Tuesday, another victim of higher energy prices and a stronger greenback.
The rupee dropped 60 paise, its steepest single day fall in about three months, to end at a two-week low as US President Donald Trump’s reciprocal tariffs singed global financial markets ...
The rupee pared its initial losses and settled for the day higher by 17 paise at 85.41 (provisional) against the US dollar on Friday, as likely intervention by the Reserve Bank of India helped ...
India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries ...
The rupee witnessed range-bound trading in the morning session on Friday (June 6, 2025), ahead of the Reserve Bank’s monetary policy outcome.
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