The rupee has been in a 84.57-85.50 range this month, which is the widest in 2024, and clocked a decline of 1.25%. The last time the rupee declined as much was back in December 2022. The rupee and ...
MUMBAI (Reuters) - The Indian rupee is likely to open flat-to-slightly-lower on Wednesday, with traders expecting the currency to weaken gradually in the near-term as a hawkish Federal Reserve and ...
As the new year kicks off, the persisting weakness of the rupee vis-à-vis the US dollar in 2024 —although not as much as China’s yuan, South Korea’s won, Türkiye’s lira, or Indonesia’s ...
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In 2024, rupee depreciated by 240 paise or 2.88% as compared to 47 paise or 0.57% in 2023. The rupee closed at fresh low due to broad-based dollar bids and declining Chinese yuan, said forex traders.
It has been a tumultuous time for the Indian rupee even as the Reserve Bank of India (RBI) has been actively stepping into the foreign exchange market to stem its free fall in pursuit of what it c ...
MUMBAI (Reuters) - The Indian rupee is expected to trade with a bearish bias this week after slumping to a record low on Friday, with traders watching out for how sternly the central bank defends ...
The rupee's relative overvaluation is a potential drag on India's exports. Traders will also watch out for any potential changes in the RBI's forex intervention strategies over 2025 under the its ...
MUMBAI (Reuters) - The Indian rupee is likely to open little changed on Tuesday, doing little to avert its worst monthly performance in two years amid a relatively hawkish Federal Reserve outlook and ...
MUMBAI, Dec 30 (Reuters) - The Indian rupee is poised to rise on Monday, building on the momentum from the previous session in which the central banks' interventions prompted the exit of ...
MUMBAI (Reuters) - The Indian rupee weakened slightly on Wednesday, pressured by dollar bids from importers, which pushed the currency to a record closing low for the seventh consecutive session and ...
MUMBAI - The Indian rupee was slightly stronger on Monday as most regional currencies rose, while very-near-tenor dollar-rupee swap rates surged to unusually high levels amid panic bids ...