The Indian rupee gave up initial gains to settle marginally weaker on Wednesday, as hedging interest from importers and the maturity of positions in the non-deliverable forwards market boosted demand ...
The dollar index was a tad higher at 108 while Asian currencies were largely rangebound ahead of the release of closely ...
According to forex traders, the rupee stayed firm initially but lost grounds amid volatile domestic equity markets that also added to the trend of withdrawal by foreign institutional investors.
Sensex closed today at 76,171.08 down 122.52 points or 0.16% while Nifty closed at 23,045.25 down 26.55 points or 0.12%.
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on ...
The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this ...
The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...
The RBI's willingness to accept a larger scale of currency depreciation aligns with its looser policy approach and increased ...
Finance Minister Nirmala Sitharaman discussed the causes behind the rupee's fall, citing former RBI Governor Raghuram Rajan ...
Indian Rupee depreciated 3.60% since September 2024, which was lower compared to the Japanese Yen (-6.49%), Canadian Dollar ( ...
The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...
In a dramatic turnaround, the rupee staged its strongest comeback in nearly two years. The currency gained about 1.5 per cent ...
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