Rupee may inch up tracking Asia FX; RBI decision, Fed minutes loom
WEB6 hours ago · The Indian rupee is expected to rise marginally at open on Wednesday, tracking a recovery on Asian peers and the drop in oil prices, while the Reserve Bank of India's policy decision and the ...
India cenbank's instructions to banks prompt change in rupee …
WEB1 day ago · Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. ... Reuters, the news and media division of Thomson Reuters, is the world ...
Rupee near record low, far forward premiums slump on Fed …
WEB2 days ago · The Indian rupee hovered close to its all-time low on Monday as a host of negative cues were blunted by the central bank's stern defence of the currency, while dollar-rupee forward premiums ...
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.
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...
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 ends flat as RBI support helps counter global pressures
WEB23 hours ago · The Indian rupee ended nearly unchanged on Tuesday as the RBI's steps to support the currency helped offset a host of negative cues such as a rise in U.S. bond yields, elevated oil prices and outflows from local equities. The rupee closed at 83.9625 against the U.S. dollar, nearly unchanged from its close at 83.9775 in the previous session.
Rbi: Exclusive-India cenbank asks banks to avoid large shorts as rupee …
WEB2 days ago · By Jaspreet Kalra and Nimesh Vora MUMBAI - The Reserve Bank of India has asked state-run and private banks to refrain from betting heavily against the rupee in an effort to support the currency which has been teetering near record-low levels for the past three trading sessions, four sources said. The RBI informally communicated the instructions to bankers via phone calls on Monday with the ...
Rupee rises 2 paise to 83.97 against US dollar during early trade
WEB2 days ago · At the interbank foreign exchange, the rupee opened at 83.96 against the US dollar, 3 paise higher from its previous close of 83.99. It then declined 1 paisa to 83.97, higher by 2 paise from Friday's close. India's forex reserves jumped $12.588 billion to a new all-time high of $704.885 billion for the week …
Rupee rises 6 paise to 83.94 against U.S. dollar in early trade
WEB1 day ago · At the interbank foreign exchange, the rupee opened at 83.97 against the U.S. dollar and rose to 83.92 before slipping marginally to 83.94, higher by 6 paise from its previous close. The rupee ...