The Indian rupee has bounced back in the past two weeks, making it one of the top-performing currencies in the emerging ...
Rupee opened at 88.74 against the US dollar, then gained momentum and touched 87.93 for the first time since mid September, registering a gain of 88 paise from its previous close. It was last at ...
Following a sustained long-term downtrend over the past decade, 2022 resumes a bearish outlook for the Indian rupee (INR). Rupee weakness has accelerated this year, best illustrated by its dramatic ...
The Indian Rupee weakens ahead of economic figures from India due on Monday. Indian equities lose ground due to profit-booking after the indices hit eight-month highs on Friday. The US Dollar may ...
Conversely, the downside risks are considerable. Servicing dollar-denominated debt becomes more expensive in INR terms. The ...
At 10:30 a.m. IST, the rupee stood at 88.6250 against the U.S. dollar, marginally stronger than Wednesday’s close of 88.69.
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Samir Arora, expert fund manager and market veteran, has stepped in to clarify a widespread misconception about how to correctly calculate depreciation of the Indian Rupee (INR) versus the ...
Asian currencies traded within tight ranges on Wednesday as investors awaited the U.S. Federal Reserves highly anticipated ...
Forex traders said the US Federal Reserve slashed interest rates by 25 bps in its Federal Open Market Committee (FOMC) meeting.
RBI sold USD 7.7 billion in August to control rupee volatility and prevent further depreciation against the US dollar. Read ...
India’s gold prices track USD/INR more closely than global bullion, as imports are dollar-denominated. Most forecasts see a weaker rupee into late 2025, adding upward pressure on MCX gold. XAU/INR ...
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