RUPEE FALL

The rupee depreciated 5 paise to 83.54 against the dollar due to high crude prices, starting at 83.52. Positive equities, foreign fund inflows supported. Amit Pabari noted pressures like crude at USD 87. S&P's YeeFarn Phua mentioned fiscal deficit r...

Most Asian currencies fell versus the dollar on Wednesday. The 10-year benchmark government bond yields in India eased a little, closing at 6.99% on Wednesday, after remaining steady at 7.0%-7.01% in the last couple days.

Indian rupee's stability faces uncertainty pending the release of Fed's policy meeting minutes and U.S. ADP employment data for potential impact on future U.S. policy rates.

Indian rupee weakens as Asian currencies fall amid strong dollar demand. US bond yield rise impacts currencies, with Chinese yuan and Korean won leading losses.

The 10-year benchmark bond yields have been trading flat, but traders say that these levels are good. “Today there seems to be buying from mutual funds. They sold during the quarter end so they have to replenish their kitty”, they said. Liquidity ea...

The central government's fiscal deficit reached 3% of the annual estimates by May-end 2024-25. India's forex reserves surged to USD 653.711 billion, with FIIs selling shares worth Rs 23.09 crore. The RBI confirmed the increase in reserves, reflectin...

The healthy expansion in infrastructure sectors' growth in May was driven by the production of coal, natural gas, and electricity, amidst rising crude oil prices impacting the rupee and positive equity market sentiment.

CR Forex's Amit Pabari forecasts a stable rupee within a defined range, emphasizing the impact of interest rates on currency fluctuations.

The rupee traded against the US dollar, influenced by positive domestic equities and the strength of the American currency. Forex traders noted the impact of the strong US dollar and elevated crude oil prices on the local unit.

The Indian rupee closed stronger on Monday at 83.4600 against the U.S. dollar, supported by gains in most Asian currencies. The Indonesian rupiah led the gains, while dollar sales from foreign banks helped the rupee, despite oil companies' bids erod...

The currency fell to a record low of 83.6650 against the U.S. dollar in the latter half of Thursday's trading session, closing at 83.6425. This marks a decline from the previous session's close of 83.4550. Traders attributed the currency's weakness ...

The rupee declined to a lifetime low of 83.62 against the U.S. dollar in the latter half of Thursday’s trading session and was last quoted at 83.5975. The local currency had closed at 83.4550 in the previous session.

Rupee depreciated 6 paise to 83.54 against the US dollar on Thursday, influenced by the strength of the American currency and elevated crude oil prices.

Indian rupee weakens on Federal Reserve rate cut expectations. RBI intervention counters pressure from weak national election results and foreign equity outflows.

Traders said the Reserve Bank of India (RBI) likely stepped in to limit the rupee's decline. State-run banks were spotted offering dollars near 83.50 levels, likely on behalf of the RBI. The sales were intended to plug likely outflows instead of pus...

​​ 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, spurring a selloff in local equities.

Rupee falls to 83.40 against the US dollar as Lok Sabha election trends show BJP-led NDA leading with over 200 seats, while domestic markets weaken.

The Indian rupee declined on Friday, pressured by month-end dollar demand from importers, with investors awaiting the outcome of the country's general elections for fresh cues.

Rupee depreciates 9 paise to 83.27 against USD on negative equities and high oil prices, influenced by domestic market sentiment and USD strength. Rupee opened at 83.22, traded at 83.27. Dollar index at 104.72, Brent crude at USD 84.40. Sensex down ...