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Indian Rupee, United States dollar
USD/INR jumps as US Dollar demand weighs on Indian Rupee
The Indian rupee has remained largely stable against the USD in the current calendar year (CY 2024), depreciating by just 0.59% so far. Chief Economic Advisor (CEA) V Anantha Nageswaran said on Friday that the Indian economy is estimated to grow at a rate of 6.5-7% in the current financial year on a steady-state basis.
Rupee Strengthens Amid Dollar Weakness
The Indian rupee appreciated by 10 paise to 83.53 against the US dollar, driven by weaker dollar sentiment due to a dip in US consumer confidence. The rupee had depreciated by 9 paise on Tuesday. Forex traders noted the rupee's resilience within a controlled range,
Indian rupee strengthens above 83.50/USD for first time in over two months
The Indian rupee rallied on Friday to climb above 83.50 per U.S. dollar for the first time since late July, boosted by dollar sales by foreign banks and a rise in most of its Asian peers.
Rupee surges to 2-month high, ends at 83.562 vs US dollar
The rupee has strengthened against the dollar following the US Fed's rate cut and positive economic commentary. Market experts predict further gains in the rupee as the interest rate differential between India and the US widens.
Rupee Rises to 2-Month High at 83.66 vs US Dollar
The Indian Rupee strengthened by 10 paise to hit a two-month high of 83.66 against the US dollar on Thursday, driven by the Fed''s rate cut and strong domestic equities.
8h
on MSN
Rupee supported by buoyant Asia FX, importer dollar bids to cap gains
The Indian rupee is expected to open nearly unchanged on Monday and trade with a slightly positive bias on the back of gains ...
ndtvprofit
5h
Rupee Opens Lower After Dollar Index, Oil Prices Rise
Rupee depreciated 2 paise to open at Rs 83.72 against the US dollar, compared to the close of Rs 83.70 on Friday, according ...
2d
Wagers on stronger Indian rupee grow on dovish Fed outlook, yuan rally
Betting on a near-term rise in the Indian rupee has become costlier than wagering on its fall in the options market for the ...
6h
Rupee weakens as foreign banks' dollar bids offset positive Asian cues
The Indian rupee fell on Monday, pressured by dollar demand from foreign banks, while most of its Asian peers gained after ...
Business Recorder
3d
Indian rupee to gauge trimmed bets of jumbo Fed cut; US inflation data in focus
MUMBAI: The Indian rupee is likely to open little changed on Friday as traders gauge the pullback in odds of another 50-basis ...
4d
Indian Rupee Drops Against UAE Dirham As Dollar Demand Increases
The Indian rupee dropped on Thursday due to increased dollar demand from importers related to month-end payments and likely ...
3d
on MSN
Rupee ends weaker; Fed policy path, yuan price action in focus
The Indian rupee ended lower on Friday pressured by month-end dollar demand from importers, with traders expecting the future ...
Business Recorder
4h
Indian rupee supported by buoyant Asia FX, importer dollar bids to cap gains
MUMBAI: The Indian rupee is expected to open nearly unchanged on Monday and trade with a slightly positive bias ...
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