Rally in dollar/rupee forward premiums may have room to run, …
WEB15 hours 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 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 ...
India’s Das Tames Volatile Rupee With $689 Billion Reserves
WEB3 days ago · Thu, Sep 19, 2024, 9:19 PM5 min read. 0. (Bloomberg) -- India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it ...
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. Asian ...
USD/INR weakens as likely inflows boost Indian Rupee
WEB3 days ago · The Indian Rupee (INR) extends its upside on the weaker US Dollar (USD) on Friday. The INR trades near the two-month highs, bolstered by likely portfolio inflows and an appreciation in the Chinese ...
INR USD: New Red Line for Indian Rupee After Record Lows
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...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe Indian rupee closed higher on Friday after rising to its highest in two weeks, aided by likely intervention from the Reserve Bank of India (RBI) and broad-based interbank dollar sales in the latter half of the session.
Indian rupee: Rupee ends weaker, pressured by state-run banks' …
WEBJul 11, 2024 · The Indian rupee ended slightly weaker on Thursday, pressured by dollar demand from state-run banks and importers, although most of its Asian peers gained ahead of a key U.S. inflation report. The rupee ended at 83.56 against the U.S. dollar, moderately lower than its close at 83.52 in the previous session.
How India’s Rupee Went From Most to Least Volatile in Asia
WEBJun 26, 2024 · With Indian bonds set to join an important global index this week, the currency’s stability couldn’t have come at a better time, burnishing the appeal of Indian assets for investors.
Rupee to run into dollar strength after unexpected rally
WEBMUMBAI, May 21 (Reuters) - The Indian rupee is expected to open flat-to-slightly weaker on Tuesday amid a decline in Asian peers and an uptick on the dollar index.