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Rupee logs best week this year, aided by Fed cut, portfolio inflows
The Indian rupee rose for the fifth straight session on Friday, helped by gains in Asian peers and likely portfolio inflows, after the U.S. Federal Reserve kicked off its interest rate cutting cycle earlier this week.
The U.S. dollar is weakening ahead of Fed rate cut. This will determine what happens next.
This has been corrected to reflect that the Fed moved to cut rates twice by 50 basis points and 100 basis points in March 2020. The U.S. dollar has been sliding in the run-up to a widely expected interest-rate cut from the Federal Reserve on Wednesday and,
Dollar declines after Fed cuts rates; Sterling, Aussie, and Norwegian Krone lead
The US Dollar experienced a decline on Thursday following the Federal Reserve's decision to cut interest rates by 50 basis points and adjust its monetary policy forecast. This led to notable gains for the British pound,
Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, with money markets pricing in around a 65% chance of a 50 basis point (bp) cut.
Stocks Higher, Dollar Lower Post Fed's Rate Cut
The Federal Reserve's 50 bp rate cut has made for a volatile 15 hours or so in the foreign exchange market. Click to read.
Stretch Your Dollar: Where you’ll see relief after Fed cuts interest rates
For the first time in 16 years, the federal reserved slashed interest rates by half a percentage point and this means relief for millions of Americans.
Rupee rises to six-week high after Fed rate cut, importer dollar bids pick up
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 bids to limit the currency's immediate gains.
Dollar rises, stocks slip: Will Fed’s aggressive 0.50% rate cut steer clear of a recession?
Before the US Federal Reserve announced its interest rate decision on September 18, analysts were majorly expecting a smaller cut of 0.25%. The decision comes amid growing concerns about economic conditions,
7h
on MSN
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 ...
10h
India’s Das Tames Once-Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
6h
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, ...
6h
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, ...
5h
Shaktikanta Das tames volatile Rupee with $689 billion in forex reserves
Clamping down on volatility and building up a stockpile of foreign exchange holdings to safeguard the economy in the event of ...
22h
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 ...
1d
on MSN
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 Express Tribune
13h
Reserves hit 26-month high as rupee strengthens
KARACHI: Pakistan's foreign exchange reserves, held by the State Bank of Pakistan (SBP), increased by $43 million, reaching a ...
7d
on MSN
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 ...
Forbes
11h
Convert Indian Rupee To United States Dollar
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
9h
India’s Das Tames Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
The Express Tribune
1d
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 ...
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