Rupee, Fed
Rupee rises to two-month peak boosted by yuan rally, likely inflows
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. The rupee ended at 83.
Rupee gains for third straight session, rises 9 paise to 83.56 against US dollar
Falling crude oil prices provided support to the Indian currency, though it was partially weighed down by foreign fund outflows, according to forex traders. At the interbank foreign exchange market, the rupee opened at 83.
Rupee rises 9 paise to 83.56 against US dollar in early trade
Rupee strengthens against US dollar, supported by domestic equity market, lower crude oil prices, and Fed rate cut.
Rupee faces challenge as US dollar surges after Fed's large rate cut
The Indian rupee's recovery on Thursday will have to contend with a broadly higher U.S. dollar despite the Federal Reserve delivering a 50-basis-point rate cut. The 1-month dollar/rupee non-deliverable forward (NDF) declined to 83.
Currency Market News: Rupee rises by 9 paise to 83.56 vs dollar
Analysts said the dollar index retreated after the US Federal Reserve reduced the benchmark interest rate by 0.50 per cent, prompting investors to look towards emerging market currencies.
INR strengthens to 2-month high after Fed's 50 bps rate cut
The Indian rupee strengthened by 10 paise to hit a two-month high level of 83.66 against the US dollar on Thursday after the US Federal Reserve cut the benchmark interest rate by 0.50 per cent, boosting investors' sentiment.
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.
Shaktikanta Das, rupee
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 ...
Rupee Ascends to 277 Against US Dollar After 7th Consecutive Increase
The Pakistani rupee (PKR) rose 7th day in a row against the US Dollar (USD) today after opening trade at 278 in the interbank ...
The Pros and Cons of a Fully Convertible Rupee
As India gains economic power and broadens its foreign investment collaboration, there are pros and cons to making the rupee ...
Rupee on course for best week in 2024, forward premiums maintain uptrend
The Indian rupee strengthened against the U.S. dollar on Friday and was on course to post its best weekly gain this year, ...
The Express Tribune1d
USD exchange rates today: Rupee sees modest losses against USD, GBP
The dollar remained stable, while the British pound and euro saw slight increases in today's currency market trade ...
EAD Demands Additional Rs. 196 Billion Rupee Cover for Foreign Funded Projects
The Economic Affairs Division has demanded an additional Rs. 196 billion ($664 million) to address rupee cover for efficient ...
Rupee likely to extend winning run on upbeat risk, Fed outlook
The Indian rupee is expected to open higher on Friday and add to its weekly advance, boosted by healthy risk appetite and ...
Business Recorder1d
Rupee registers marginal improvement against US dollar
The Pakistani rupee remained largely stable against the US dollar, appreciating 0.03% in the inter-bank market on Wednesday. At close, the currency settled at 278.04, a gain of Re0.09 against the US ...