Rupee's upside seen largely capped at current level | Reuters
WEB2 days ago · The 1-month non-deliverable forward indicated that the rupee will open at 83.53-83.55 to the U.S. dollar compared with 83.5525 in the previous session. On Monday, the rupee reached an intraday ...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe Indian rupee rose by 0.05% to 83.9250 on Friday, supported by hopes of a significant rate cut by the Federal Reserve next week. This development also boosted most Asian currencies and dollar-rupee forward premiums. Traders expect the rupee to remain rangebound due to continued demand for dollars from importers.
Rupee faces challenge as US dollar surges after Fed's large rate …
WEBThe 1-month dollar/rupee non-deliverable forward (NDF) declined to 83.66 following the Fed rate cut. Economists had expected a smaller 25-bp rate cut, per a Reuters poll. The 1-month NDF of 83.66 ...
A new red line for rupee is forming as pressure mounts
WEBAug 9, 2024 · Synopsis. The Indian rupee has recently hit record lows but did not breach key levels due to potential Reserve Bank of India interventions. The rupee's stability was emphasized by RBI Governor Shaktikanta Das, along with a record high of $675 billion in foreign reserves.
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
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.
Rupee slips to all-time low, traders expect gradual depreciation to ...
WEBMUMBAI, July 26 (Reuters) - The Indian rupee declined to its weakest level on record on Friday, pressured by dollar demand from local oil companies, custodial banks and tepid risk sentiment.
Rupee to move in 83.20-83.90 range as Fed rate cut
WEB3 days ago · The Indian rupee is expected to trade in the 83.20-8.90 range against the dollar on expectation of inflows after the Federal Reserve cut rates and widening of interest rate differential between ...
USD/INR Currency Exchange Rate & News - Google Finance
WEBGet the latest United States Dollar to Indian Rupee (USD / INR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and ...
How India’s Rupee Went From Most to Least Volatile in Asia
WEBJun 26, 2024 · The Indian rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround reflects India’s growing economic heft and the ...
The Indian rupee touched record lows, but not everyone is worried
WEBJul 25, 2022 · The rupee has fallen rapidly to 79.97 a dollar – from 77.64 at the end of May and 74.55 on February 23, a day before Russia invaded Ukraine.
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