India bonds rally, rupee at 2-week high vs US dollar on dovish Powell remarks
2 years, 3 months ago

India bonds rally, rupee at 2-week high vs US dollar on dovish Powell remarks

Live Mint  

The Indian rupee rose against the US dollar while sovereign bonds rallied as global risk sentiment improved by US Federal Reserve Chair Jerome Powell's comments that were less hawkish than expected. "Rupee traded strong in first half with gap up opening on back of positive comments from Fed chair Powell on interest rates hikes to be lowered, but eventually rupee took resistance at 81.00 mark as the comments had dark spots in it which read interest rates will be way higher than current rate as inflation is stubbornly high. Going ahead 81.00 will act as strong resistance for rupee; any breach above 81.00 rupee will see a sharp rally towards previous resistance of 80.00," said Jateen Trivedi, VP Research Analyst at LKP Securities. “Fed Chair Powell in his speech gave a clear indication that the US central bank would slow down its pace of rate increases and hike rates by 50bps in the December policy.

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History of this topic

Rupee rises 18 paise to 85.56 against U.S. dollar in early trade
3 days, 14 hours ago

Rupee rises 18 paise to 85.56 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 18 paise to 85.56 against the U.S. dollar in early trade on Friday, as sustained foreign fund inflows provided support to the local unit. According to Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP, the USD/INR pair is expected to trade in a range of 85.60/86 as today's session will be the …

Rupee halts nine-day rally, settles at 85.75 vs US dollar as importers step in, Asian peers slip
6 days, 9 hours ago

Rupee halts nine-day rally, settles at 85.75 vs US dollar as importers step in, Asian peers slip

Live Mint  

The Indian rupee closed lower to halt a nine-day winning run on Tuesday as importers stepped in to hedge liabilities at favourable levels, dollar inflows moderated and the local currency's regional peers slipped. Intermittent inflows from overseas portfolio investors and the repatriation of corporate dollar-based earnings ahead of the fiscal year ending March 31 have helped the rupee outpace its …

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years
Trending News
1 week, 3 days ago

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years

Live Mint  

INR vs USD Rate Today: The Indian rupee posted its best day against the US dollar in two months after rising for the sixth straight session on Friday, March 21. INR vs USD Rate Outlook “Rupee strengthened with a sharp rise of ₹0.40 or 0.46 per cent at 85.94, as foreign inflows surged with strong buying figures. The US Fed's …

Indian bonds rally on demand boost; 10-year yield’s weekly fall most in 4 months
1 week, 3 days ago

Indian bonds rally on demand boost; 10-year yield’s weekly fall most in 4 months

Live Mint  

By Khushi Malhotra and Dharamraj Dhutia MUMBAI, March 21 - Indian government bonds rallied this week, with the 10-year benchmark bond yield falling the most in four months, amid growing expectations that another domestic rate cut could unleash pent up investor demand. Indian government bonds were not performing due to tight liquidity conditions, but now there is high demand, said …

Rupee to withstand recovery in dollar index, hold on to weekly advance
Trending News
1 week, 3 days ago

Rupee to withstand recovery in dollar index, hold on to weekly advance

Live Mint  

By Nimesh Vora MUMBAI, March 21 - The Indian rupee is likely to show limited reaction on Friday to the dollar index's recovery, with inflows from foreign banks expected to sustain its weekly upward trend. The 1-month non-deliverable forward indicated that the rupee will open flat-to-marginally higher to the U.S. dollar from 86.3675 in the previous session. DOLLAR INDEX RECOVERS …

Bears bail as inflows boost Indian rupee to near two-month high
1 week, 4 days ago

Bears bail as inflows boost Indian rupee to near two-month high

Live Mint  

By Jaspreet Kalra and Nimesh Vora MUMBAI, March 20 - The Indian rupee hit a near two-month high on Thursday, boosted by dollar sales by foreign banks and the culling of bearish wagers as seasonal inflows propped up the currency. Traders have attributed the rupee's recent rally primarily to dollar sales by foreign banks, likely on behalf of their clients. …

Rupee touches three-week high aided by foreign banks’ dollar offers
2 weeks ago

Rupee touches three-week high aided by foreign banks’ dollar offers

Live Mint  

By Jaspreet Kalra MUMBAI, March 17 - The Indian rupee strengthened on Monday, boosted by dollar sales from foreign banks and as the greenback lingered near a 5-month low against major peers on worries about a slowdown in the world's largest economy. Foreign banks were spotted offering dollars in early trading, which helped the rupee, a trader at a state-run …

Indian bond yields track US peers lower, state debt sale in focus
2 weeks, 6 days ago

Indian bond yields track US peers lower, state debt sale in focus

Live Mint  

By Dharamraj Dhutia MUMBAI, March 11 - Indian government bond yields dipped in the early session on Tuesday, tracking a sharp decline in U.S. Treasury yields, but the decline was limited as traders braced for heavy supply from states. The U.S. 10-year yield eased by 11 basis points on Monday as demand for safe-haven assets increased after President Donald Trump …

Rupee Falls 41 Paise Against USD, Worst Single Day Drop in a Month
3 weeks ago

Rupee Falls 41 Paise Against USD, Worst Single Day Drop in a Month

Deccan Chronicle  

Mumbai: The Indian rupee fell by 41 paise to close at 87.36 against the US dollar on Monday, marking its steepest single-day drop in over a month since February 5 amid worries about the United States' statements on tariffs on Indian exports to the US. Market participations are now closely monitoring consumer inflation data from both India and the US, …

India bond yields could inch up as Treasury yields rise, supply hurts
3 weeks ago

India bond yields could inch up as Treasury yields rise, supply hurts

Live Mint  

By Dharamraj Dhutia MUMBAI, March 10 - Indian government bond yields are expected to inch higher at the start of the week, tracking an uptick in U.S. Treasury yields as well as elevated supply of debt from states. U.S. yields rose on Friday after Federal Reserve Chair Jerome Powell indicated the central bank could be patient in determining when to …

Rupee falls 6 paise to settle at 87.12 against U.S. dollar
3 weeks, 4 days ago

Rupee falls 6 paise to settle at 87.12 against U.S. dollar

The Hindu  

The rupee snapped its three-day rally and settled with a loss of 6 paise at 87.12 against the U.S. dollar on Thursday amid uncertainty over trade tariffs and persistent foreign fund outflows. In initial trade, the local currency gained momentum after the U.S. delayed implementation of higher tariffs on Canada and Mexico, and RBI's decision to infuse ₹1.9 trillion liquidity …

Rupee Rises 33 Paise on Strong Dollar Inflows
1 month, 1 week ago

Rupee Rises 33 Paise on Strong Dollar Inflows

Deccan Chronicle  

Mumbai: The Indian rupee saw a relief rally, settling at a one-week high on Thursday, tracking the Chinese yuan and dollar sales from foreign banks. Adding to the positive sentiment was data showing that the rupee’s 40-currency Real Effective Exchange Rate eased to 104.83 in January 2025, down from a high of 108.30 in November and 107.20 in December 2024. …

Rupee’s dip cushioned by likely RBI intervention, forward premiums decline
1 month, 1 week ago

Rupee’s dip cushioned by likely RBI intervention, forward premiums decline

Live Mint  

By Jaspreet Kalra MUMBAI, Feb 18 - The Indian rupee weakened slightly on Tuesday as the impact of weak regional currencies and heightened dollar demand - spurred by positions in the non-deliverable forwards market - was blunted by likely dollar-selling by the central bank. However, state-run banks were spotted offering dollars in early trading near the 86.94-86.95 levels, most likely …

Rupee falls 16 paise to close at 86.87 against U.S. dollar
1 month, 2 weeks ago

Rupee falls 16 paise to close at 86.87 against U.S. dollar

The Hindu  

The rupee depreciated 16 paise to close at 86.87 against the U.S. dollar on Monday, weighed down by significant foreign fund outflows and a recovery in the U.S. dollar index from intraday lows. Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars, as …

Rupee trades in narrow range against U.S. dollar in early trade
1 month, 2 weeks ago

Rupee trades in narrow range against U.S. dollar in early trade

The Hindu  

The rupee witnessed a range-bound trade and depreciated 5 paise to 86.76 against the U.S. dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure …

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention
1 month, 2 weeks ago

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention

Live Mint  

The Indian rupee rose on Wednesday, hitting a nearly two-week high and extending its two-day rally spurred by central bank intervention, which analysts reckon may have forced the liquidation of bearish positions on the currency. "The central bank's decisive hand is likely to stabilise the rupee in the near term, with the direction thereafter to be dictated by global dollar …

RBI’s aggressive dollar sales helps rupee recover
1 month, 2 weeks ago

RBI’s aggressive dollar sales helps rupee recover

Deccan Chronicle  

Mumbai: The Reserve Bank of India’s aggressive intervention in the forex market over the last two days helped the rupee record its steepest single-day recovery in nearly two years despite a rising dollar index. The central bank has been aggressively intervening in the foreign exchange market over last two days by selling dollars in the spot and the forward markets …

Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years
1 month, 2 weeks ago

Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years

The Hindu  

The rupee on Tuesday rallied 63 paise, recording its steepest single-day recovery in nearly two years, to settle at 86.82 against the U.S. dollar, backed by dollar selling by banks. According to forex traders, Tuesday's sharp gain a day after sliding closer to the 88 level shows a highly volatile currency market amid concerns over the worldwide tariff war. On …

INR vs USD: Rupee rallies most in over two years, back above 87/dollar mark on likely RBI intervention
1 month, 2 weeks ago

INR vs USD: Rupee rallies most in over two years, back above 87/dollar mark on likely RBI intervention

Live Mint  

The Indian rupee witnessed a sharp surge on Tuesday, rallying the most in over two years against the US dollar, aided by the central bank's heavy-handed intervention. With today's gain, the rupee moved back above the 87 per dollar mark for the first time since January 31. It sold $2–$3 billion to curb volatility, stabilizing the rupee and reinforcing market …

Rupee settles flat at 87.50 against U.S. dollar after inching close to 88-level in intra-day trade
1 month, 3 weeks ago

Rupee settles flat at 87.50 against U.S. dollar after inching close to 88-level in intra-day trade

The Hindu  

The rupee on Monday plunged 45 paise and moved closer to the 88 per U.S. dollar-level, weighed down by the strength of the American currency tariff concerns, but settled on a flat note at 87.50 on suspected RBI intervention. The American currency gained in the overseas market after US President Donald Trump's plans to impose 25% tariffs on steel and …

Indian bond yields rise as central bank policy, weak rupee weigh on sentiment
1 month, 3 weeks ago

Indian bond yields rise as central bank policy, weak rupee weigh on sentiment

Live Mint  

By Dharamraj Dhutia MUMBAI, Feb 10 - Indian government bond yields rose in early trading on Monday as investors remained cautious following the central bank's monetary policy decision, while the local currency's decline also weighed on sentiment. "Bonds are facing impact from a combination of factors, including the day two impact of central bank's monetary policy decision, constant fall in …

Rupee crashes 44 paise to all-time low of 87.94 against US dollar
1 month, 3 weeks ago

Rupee crashes 44 paise to all-time low of 87.94 against US dollar

India Today  

The rupee hit a new all-time low on Monday as concerns over potential U.S. trade tariffs triggered losses across most regional currencies. In early trade, the rupee weakened to 87.95 per U.S. dollar, surpassing its previous record low of 87.5825 from last week. The rupee was expected to breach the 88 level at the open, but dollar sales helped it …

Rupee declines to 87.58, marking worst performance among Asian currencies in 2025
1 month, 3 weeks ago

Rupee declines to 87.58, marking worst performance among Asian currencies in 2025

Hindustan Times  

The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial monetary policy decision. A day before a significant monetary policy decision, the Indian rupee fell to its lowest level ever on Thursday as a slide in its Asian counterparts exacerbated …

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver
1 month, 3 weeks ago

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver

ABP News  

The Indian rupee hit an all-time low on Wednesday, during afternoon trade amid a slump in Asian equities. The rupee dropped to 87.35 against the US dollar, surpassing its previous record low of 87.28 set on Monday, and was down nearly 0.3 per cent for the day. Asian equities pared their gains after Chinese stocks opened lower, as investor caution …

Amid global tumult, Rupee breaches 87 against dollar
1 month, 4 weeks ago

Amid global tumult, Rupee breaches 87 against dollar

The Hindu  

The Indian Rupee slumped almost 0.6% or 49 paise to breach the 87 mark against the U.S. Dollar on Monday, amid a meltdown for most emerging market currencies and stock markets across Asia and Europe on the first day of trading after President Donald Trump imposed higher tariffs on Canada, Mexico and China. A top Finance Ministry official signalled the …

Rupee Falls To All-Time Low Of 87.29 Against US Dollar, Find Out Why
1 month, 4 weeks ago

Rupee Falls To All-Time Low Of 87.29 Against US Dollar, Find Out Why

ABP News  

The Indian rupee took a massive hit on Monday and slipped to a new record low against the American dollar. The domestic unit depreciated 67 paise to reach an all-time low of 87.29 against the US dollar in early trade on Monday. This fall in the domestic currency was triggered by fears of a broader trade war after US President …

Rupee hits record low of 87.29 against US dollar in early trade as Trump tariffs stoke trade war fears
1 month, 4 weeks ago

Rupee hits record low of 87.29 against US dollar in early trade as Trump tariffs stoke trade war fears

Hindustan Times  

The rupee fell by 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday, February 3, 2025, a day after US President Donald Trump's tariffs on Canada, Mexico and China that triggered fears of a broad trade war. Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year …

Rupee hits an all-time low to go past Rs 87 against US dollar. Here's why
1 month, 4 weeks ago

Rupee hits an all-time low to go past Rs 87 against US dollar. Here's why

India Today  

The rupee fell to a record low of Rs 87.07 against the US dollar on Monday, as global currency markets reacted to fresh trade tensions. The decline came after US President Donald Trump imposed new tariffs on key trading partners, strengthening the US dollar and putting pressure on Asian currencies. The new trade restrictions have boosted the value of the …

Will rupee breach the 90 mark against dollar soon?
2 months ago

Will rupee breach the 90 mark against dollar soon?

India Today  

A weakening rupee has become a hot topic of discussion again. “The rupee traded flat near 86.5 as market participants remained cautious ahead of the US Federal Reserve’s policy decision,” said Jateen Trivedi, vice-president-research, commodity and currency, LKP Securities, ahead of the Fed’s meeting on Wednesday. Any major policy changes could impact rupee sentiment in the near term,” said Trivedi, …

US dollar rate drops ahead of Donald Trump’s inauguration; Indian Rupee gains
2 months, 1 week ago

US dollar rate drops ahead of Donald Trump’s inauguration; Indian Rupee gains

Live Mint  

US dollar declined against the Asian currencies on Monday, ahead of the US President Donald Trump’s inauguration. Meanwhile, rupee appreciated 14 paise to 86.46 against the US dollar, following a positive trend in domestic stock market and Asian currencies. His ‘America First’ trade agenda and potential geopolitical tensions could drive risk aversion, pushing the dollar higher in the short term. …

Rupee expected to appreciate a bit; to hover around 85-86/USD
2 months, 1 week ago

Rupee expected to appreciate a bit; to hover around 85-86/USD

Live Mint  

New Delhi, Jan 19 Rupee is expected to appreciate a bit and stabilise around 85-86 a dollar in the coming weeks with RBI's continued focus on stability of the domestic currency, Deloitte economist Rumki Majumdar said. The rupee tanked last week to hit its all-time low of 86.70 against the US dollar as massive foreign fund outflows and falling domestic …

Rupee unlikely to find support in Asia FX’s slight recovery
2 months, 2 weeks ago

Rupee unlikely to find support in Asia FX’s slight recovery

Live Mint  

By Nimesh Vora MUMBAI, Jan 14 - The Indian rupee's spiral is likely to persist on Tuesday despite the mild recovery in its Asian peers and a pause in the dollar index's rally. The 1-month non-deliverable forward indicated that the rupee will open at 86.60 to the U.S. dollar, marking a new lifetime low and down from 86.5750 in the …

India bond yields to track rupee’s moves for direction
Trending News
2 months, 2 weeks ago

India bond yields to track rupee’s moves for direction

Live Mint  

By Dharamraj Dhutia MUMBAI, Jan 14 - Indian government bond yields are expected to be largely unchanged in early deals on Tuesday as it awaits the direction of the local currency, while U.S. yields remain elevated on dwindling bets of a rate cut in the world's largest economy. The Indian rupee ended at a fresh record low of 86.5750 and …

Rupee falls 27 paise to record low of 86.31 against USD.
Top News
2 months, 2 weeks ago

Rupee falls 27 paise to record low of 86.31 against USD.

Deccan Chronicle  

The rupee's slide show went on for the second straight session on Monday as it crashed 27 paise to hit a new lifetime low of 86.31 against the US dollar, dragged down by a robust American currency amid volatile global cues.A record surge in crude oil prices, sustained outflow of foreign capital, and a negative trend in domestic equity markets …

Rupee hits all-time low of 86.3537 as US dollar rallies, crude surges
2 months, 2 weeks ago

Rupee hits all-time low of 86.3537 as US dollar rallies, crude surges

Hindustan Times  

The rupee hit an all-time low on Monday, January 13, 2025 as it slid down for the second straight session as the US dollar rallied upon better-than-expected job growth in the US market. Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year US bond yields also remaining high at 4.76% At 10:07 am IST, …

Rupee falls for 10th straight week, hits all-time low amid uncertainty over Trump impact
2 months, 3 weeks ago

Rupee falls for 10th straight week, hits all-time low amid uncertainty over Trump impact

Firstpost  

The development comes amid a strenghtening US dollar as well as uncertainty over potential economic policies from former US President Donald Trump weighing on global markets The Indian rupee fell for the 10th consecutive week, hitting a record low of 85.97 to the dollar on Friday. The development comes amid a strenghtening US dollar as well as uncertainty over potential …

Rupee hits 86 against U.S. dollar, settles 14 paise lower
2 months, 3 weeks ago

Rupee hits 86 against U.S. dollar, settles 14 paise lower

The Hindu  

The rupee declined 14 paise and touched the crucial 86.00-mark for the first time against the U.S. dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. “Surging crude oil prices overseas and negative sentiment in domestic equity markets also weighed down the Indian currency,” forex traders said. Anuj Choudhary, …

Rupee hits all-time low, nears 86 mark against US dollar
2 months, 3 weeks ago

Rupee hits all-time low, nears 86 mark against US dollar

India Today  

The rupee tumbled to a historic low of 85.97 against the US dollar on Friday, surpassing its previous record of 85.9325 reached just a day earlier. Closing at 85.9650, the rupee marked its tenth consecutive weekly loss, slipping 0.2% this week amid a strong dollar and persistent capital outflows. The rupee has been under pressure for weeks due to a …

Rupee recovers from record low to settle 4 paise higher at 85.87 against U.S. dollar
Trending News
2 months, 3 weeks ago

Rupee recovers from record low to settle 4 paise higher at 85.87 against U.S. dollar

The Hindu  

The rupee recovered slightly from its record low and settled with a gain of 4 paise at 85.87 against the U.S. dollar on Thursday amid firm American currency and elevated level of crude oil prices. They said, uncertainties related to trade restrictions ahead of the change in US administration under President Donald Trump continued to fuel dollar demand, while concerns …

Rupee hits an all-time low amid strengthened dollar and volatile equities
2 months, 3 weeks ago

Rupee hits an all-time low amid strengthened dollar and volatile equities

Hindustan Times  

The Rupee fell to an all-time low on Wednesday, due to a rise in dollar rates and weakness in domestic equities. The rupee fell to an all-time low on Wednesday, January 8, 2025, due to a rise in dollar rates and weakness in domestic equities By how much did the Rupee fall? Meanwhile, the dollar index rose 0.1% amid a …

Rupee falls 9 paise to hit record low of 85.83 against U.S. dollar in early trade
Trending News
2 months, 3 weeks ago

Rupee falls 9 paise to hit record low of 85.83 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 9 paise to hit its record low of 85.83 against the U.S. dollar in early trade on Wednesday as strengthening American currency and higher crude oil prices continued to play spoilsports even as the government lowered the country's economic growth projection. According to analysts, subdued domestic equity markets also weighed on the Indian currency even as better …

Rupee to face pressure as upbeat US data reignites dollar uptrend
2 months, 3 weeks ago

Rupee to face pressure as upbeat US data reignites dollar uptrend

Live Mint  

By Jaspreet Kalra MUMBAI, Jan 8 - The Indian rupee is likely to open weaker on Wednesday after upbeat U.S. economic data lifted U.S. bond yields, prompting the dollar to resume its uptrend. The dollar index dipped during Asia trade to 108.5 after rising 0.3% on Tuesday as data showed that job openings in the U.S. grew to 8.098 million, …

Rupee gains as dollar rally takes a breather amid tariff back and forth
2 months, 3 weeks ago

Rupee gains as dollar rally takes a breather amid tariff back and forth

Live Mint  

By Jaspreet Kalra MUMBAI, Jan 7 - The Indian rupee strengthened in early trading on Tuesday, after U.S. President-elect Donald Trump denied a media report that suggested his trade tariffs might not be as stringent as feared. The rupee was at 85.6750 against the U.S. dollar as of 10:10 a.m. IST, up from its close at 85.8275 in the previous …

Rupee plumbs new lows at 85.83; no relief seen on the horizon
2 months, 3 weeks ago

Rupee plumbs new lows at 85.83; no relief seen on the horizon

New Indian Express  

The rupee continued to its southward-ho for the fourth month, losing 4 paise to close at new low of 85.83 against US dollar on Monday, weighed in the blood bath on the equity markets amidst the persisting bearish tilt Traders said the rupee hit a new lifetime low as it was hurt by a persistent bearish outlook on the currency …

Slight reprieve for rupee likely as Asian peers recover
Trending News
2 months, 4 weeks ago

Slight reprieve for rupee likely as Asian peers recover

Live Mint  

By Nimesh Vora MUMBAI - The Indian rupee could find some relief on Thursday as most of its Asian peers ticked higher and with the currency near levels at which the central bank had intervened aggressively. The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly higher from its close of 85.6450 per U.S. dollar in the previous session. …

Rupee dips on importer dollar bids, far forward premiums retreat
2 months, 4 weeks ago

Rupee dips on importer dollar bids, far forward premiums retreat

Live Mint  

By Jaspreet Kalra MUMBAI, Jan 1 - The Indian rupee weakened slightly in early trading on Wednesday, pressured by dollar bids on behalf of importers amid lacklustre trading to kick off 2025, while dollar-rupee far forward premiums retreated from an over one-and-a-half-year high. The local currency has faced persistent downward pressure over the last few weeks on the back of …

Currency concerns: on the rupee
3 months ago

Currency concerns: on the rupee

The Hindu  

It has been a tumultuous time for the Indian rupee even as the Reserve Bank of India has been actively stepping into the foreign exchange market to stem its free fall in pursuit of what it calls an ‘orderly’ exchange movement. The Donald Trump factor added a fresh headwind with the dollar strengthening since his U.S. presidential electoral victory, and …

India rupee may dip, bond yields to track US peers
3 months ago

India rupee may dip, bond yields to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Dec 30 - 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 local currency while bond yields will track U.S. peers and the rupee. Given the "weak global set-up …

5 factors pulling the Indian rupee down to record low: Trump, trade & more
3 months ago

5 factors pulling the Indian rupee down to record low: Trump, trade & more

Firstpost  

The Indian rupee has come under immense pressure and touch a historic low of 85.81 against the US dollar on Friday. Find out five big factors that are weighing on the INR The Indian rupee touched an all-time low on the afternoon of Friday, December 27, 2024, and traded at 85.81 against the US dollar. At the interbank foreign exchange, …

Rupee sinks 53 paise to hit new all-time low of 85.80 in mid session
3 months ago

Rupee sinks 53 paise to hit new all-time low of 85.80 in mid session

Live Mint  

Mumbai, Dec 27 The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new all-time intraday low of 85.80 against the US dollar during mid session on Friday as the unabated rise in the American bond yields boosted the greenback's appeal. At the interbank foreign exchange, the rupee opened weak at 85.31 and …

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