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The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by ...
The Indian rupee will eke out very modest gains this year, trailing most of its Asian peers as the U.S. dollar retreats, ...
Mumbai: The Indian rupee weakened for the second straight session on Wednesday, closing 29 paise lower at 85.90 (provisional) ...
The report also highlighted that in the foreign exchange market, the Dollar-Rupee (USD/INR) pair has shown adherence to previous technical levels. On April 30, 2025, the pair took support at 84.45.
adding another cushion to the INR. That's happening even with the tensions simmering over what next after the Pahalgam attacks. "Between April 15 until April 30 (May 1 was a holiday), foreign ...
by foreign funds into Indian financial markets. The greater the level of investment, the higher the demand for the Rupee (INR). Fluctuations in Dollar-demand from Indian importers also impact INR.
Forex traders said geopolitical tensions between India and Pakistan have sparked risk-off sentiment in the market leading to the rupee weakness. However, foreign fund inflows and crude oil prices ...
SAG Infotech MD says appreciation and depreciation of the rupee are influenced by many factors, including trade surplus. A trade surplus occurs when a country sells more goods and services abroad than ...
At the interbank foreign exchange, the rupee opened at 85.79 and strengthened slightly to trade at 85.63 against the greenback, registering a loss of 19 paise from its previous closing level.
Foreign (custodial) banks bought dollars on FPIs’ behalf for remitting the sale proceeds. Falling crude oil prices and a weak dollar did little to prop up the rupee. It weakened due to heavy ...
Foreign banks have become important players in strengthening the Indian rupee by actively selling US dollars in the foreign exchange market. As leading entities in currency transactions foreign banks ...