Rupee rises to six-week high after Fed rate cut, importer dollar …
WEB20 hours ago · The Indian rupee rose to its strongest level in over six weeks on Thursday after the Federal Reserve kicked off policy easing with a 50-basis-point rate cut, but traders expect importer dollar ...
Rupee faces resistance on dollar buying by state-run banks
WEB2 days ago · The rupee was at 83.84 to the U.S. dollar at 10:28 a.m. IST, compared with 83.8875 in the previous session. The dollar/rupee pair was running into bids from two large public sector banks, a ...
Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB1 day ago · The Indian rupee hit a two-month high on Thursday, aided by likely portfolio inflows and a rally in the Chinese yuan after the Federal Reserve delivered a 50 basis points interest rate cut. Asian ...
India’s Das Tames Once-Volatile Rupee With $689 Billion Reserves
WEB1 hour ago · September 19, 2024 at 7:51 PM EDT. Save. India’s central bank chief Shaktikanta Dashas pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it to drift lower ...
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. The Indian currency tested a series of record lows in recent days...
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 ...
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.
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 ...
Rupee slips to record low as equity sentiment sours after tax hike
WEBJul 24, 2024 · The Indian rupee fell to an all-time low on Wednesday as likely outflows from local equities weighed on the currency, though the pressure was eased by the Reserve Bank of India's intervention.
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 ...
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