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, May 21 (Reuters) - The Indian rupee's muted reaction in the face of a persistent decline in the dollar has stirred up confusion among bankers, with some citing foreign portfolio and ...

At the interbank foreign exchange, the rupee opened strong at 85.28 against the US dollar before dropping to 85.42, higher by 12 paise from its previous close. On Thursday, the rupee depreciated ...

The Indian rupee weakened slightly to 85.57 against the US dollar due to negative equity market sentiment, rising crude oil prices, and a widening trade deficit, despite strong foreign capital ...

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.

Inflation, domestic and foreign interest rates, foreign exchange reserves, trade balance, and global oil prices influence the rupee's value and purchasing power. The rupee has historically faced ...

The rupee depreciated 18 paise to close at 85.50 (provisional) against the U.S. dollar on Thursday (May 15, 2025), weighed down by demand for American dollars from importers and foreign fund outflows.

Persistent dollar sales from foreign banks, likely on behalf of custodial clients, and liquidation of bearish bets on the currency helped the recovery, traders said. The rupee's Friday move was a ...

At the interbank foreign exchange market, the rupee opened at 84.70 and fluctuated between an intra-day high of 84.62 and a low of 85.48 against the greenback. It ultimately closed the session at ...

But here’s the catch: rate cuts can weaken the rupee further by reducing the appeal of Indian assets to foreign investors. Currency strategists believe the rupee may stay under pressure for now ...