Browsing: dollar
On Monday, the rupee failed to hold on to an intraday recovery to near 87.20 | Photo Credit: HEMANSHI KAMANI…
On Friday, the rupee closed at 87.18 against the US dollar. The rupee depreciated 11 paise to 87.29 against the…
The rupee fell 1.2% last week to 87.5275 per dollar on Friday, marking its biggest weekly drop since December 2022.…
Traders pointed to dollar sales from Indian banks, most likely on behalf of the Reserve Bank of India, which helped…
A strong rise in the dollar index, especially after the US-EU trade deal, dragged the rupee lower. | Photo Credit:…
Forex traders said uncertainty over the India-US trade deal has been a huge overhang for the forex market. The rupee…
India’s foreign exchange reserves (forex) witnessed an uptick of $4.8 billion to $702.78 billion for the week ending June 27,…
The rupee rose to a peak of 85.20, its best level since late May, before ending the session at 85.31,…
Markets continue to price a low probability of rate cut next month | Photo Credit: Baris-Ozer The Indian rupee is…
However, a sharp depreciation in the rupee is unlikely, as the RBI’s robust $699 billion forex reserves and an import…