India rupee may stay under pressure, bonds to follow cenbank policy decision
3 weeks, 1 day ago

India rupee may stay under pressure, bonds to follow cenbank policy decision

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Dec 2 - The Indian rupee is likely to remain pressured this week amid persistent portfolio outflows, and take cues from the central bank's monetary policy decision and U.S. labor market data, which will also be key for government bond yields. The Reserve Bank of India's policy decision on Friday will be in focus, followed by U.S. labor market data to gauge the trajectory of U.S. interest rates, especially as analysts reckon Trump's policies may put upward pressure on inflation. "Despite the sharp slowdown in GDP growth, we maintain our view of a pause by the RBI next week given elevated inflation and uncertain global environment," said Upasna Bhardwaj, chief economist at Kotak Mahindra Bank. KEY EVENTS: India ** HSBC India November manufacturing PMI data - Dec. 2, Monday ** HSBC India November services PMI data - Dec. 4, Wednesday ** Reserve Bank of India's interest rate decision - Dec. 6, Friday U.S. ** November S&P global manufacturing PMI final - Dec. 2, Monday ** November ISM manufacturing PMI - Dec. 2, Monday ** November S&P global composite PMI final - Dec. 4, Wednesday ** November S&P global services PMI final - Dec. 4, Wednesday ** November ISM non-manufacturing PMI - Dec. 4, Wednesday ** October factory orders - Dec. 4, Wednesday ** October international trade data - Dec. 5, Thursday ** Initial weekly jobless claims week to Nov. 25 - Dec. 5 Thursday ** November non-farm payrolls and unemployment rate - Dec. 6, Friday

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History of this topic

Rupee hits all-time low against US dollar. Why is it under pressure?
4 days, 3 hours ago

Rupee hits all-time low against US dollar. Why is it under pressure?

India Today  

The Indian rupee weakened to a record low of 85.10 against the US dollar on Friday, weighed down by persistent dollar strength following robust US economic data that reinforced the Federal Reserve's hawkish stance. Additionally, the US Federal Reserve’s projection of fewer rate cuts in 2025 amid sticky inflation has strengthened the US dollar, making emerging market currencies like the …

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
4 days, 15 hours ago

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

The Hindu  

The rupee dropped 14 paise and breached the crucial 85 level to close at an all-time low of 85.08 against the U.S. dollar on Thursday, as a hawkish stance from the U.S. Federal Reserve sparked a broad dollar rally. Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low on …

Rupee weakens to lifetime low hurt by merchant dollar bids, weak equities
5 days, 17 hours ago

Rupee weakens to lifetime low hurt by merchant dollar bids, weak equities

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 18 - The Indian rupee hit its all-time low on Wednesday, pressured by strong dollar demand from importers and likely outflows from local equities, while intervention by the Reserve Bank of India curbed losses, traders said. Weakness in regional currencies ahead of the Federal Reserve's policy decision due in U.S. trading hours also hurt the …

Indian rupee to face renewed pressure as US yields climb
1 week ago

Indian rupee to face renewed pressure as US yields climb

Live Mint  

By Nimesh Vora MUMBAI, Dec 16 - The Indian rupee, having witnessed slight relief late last week, is likely to come under renewed strain on Monday on the back of a further rise in U.S. Treasury yields. "With inflation remaining sticky, and President-elect Trump looking to strengthen the U.S. growth performance, the Fed is set to signal a more cautious …

Inflows help rupee end higher on day but weekly losing streak persists
1 week, 3 days ago

Inflows help rupee end higher on day but weekly losing streak persists

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 13 - The Indian rupee logged its the sixth consecutive weekly decline on Friday as pressure remained on account of heightened dollar demand in the non-deliverable forwards market and a weaker yuan while mild inflows helped the currency on the day. U.S. producer price inflation data released on Thursday reaffirmed investor expectations of a 25-basis …

Rupee hits record low, RBI intervention counters bearish tilt
1 week, 4 days ago

Rupee hits record low, RBI intervention counters bearish tilt

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 12 - The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the U.S. dollar in the non-deliverable forwards market, while the central bank's intervention helped prevent sharp losses. The dollar index was little changed at 106.5, unfazed by the elevated odds of a December …

Rupee takes a dive, more turbulence in 2025
1 week, 5 days ago

Rupee takes a dive, more turbulence in 2025

Live Mint  

What triggered the rupee’s recent fall? The Indian rupee breached a record low of 84.85 per dollar this week and briefly tested 85.06-per-dollar levels as outgoing Reserve Bank of India governor Shaktikanta Das’s term ended on Tuesday. However, increasing geopolitical uncertainty, attractive US government bond yields, cheaper crude oil prices and heavy foreign institutional investor outflow from domestic equities further …

Rupee ends marginally lower, near-term bearish bias tipped to persist
2 weeks ago

Rupee ends marginally lower, near-term bearish bias tipped to persist

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 9 - The Indian rupee closed slightly weaker on Monday, weighed down by a decline in its Asian peers with analysts expecting the local currency to continue facing headwinds amid persistent strength in the U.S. dollar. While U.S. labour market data released on Friday drove U.S. bond yields lower on heightened expectations of a Federal …

Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar
2 weeks, 4 days ago

Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar

Live Mint  

Mumbai, The rupee recovered from its all-time low level and settled for the day with gains of just 3 paise at 84.72 against the US dollar in a range-bound trade on Thursday, amid a positive trend in domestic equities. Forex traders said the Indian rupee recovered slightly on strength in the domestic markets and overnight decline in crude oil prices. …

Rupee's slide: What it means for economy, markets, and you
2 weeks, 6 days ago

Rupee's slide: What it means for economy, markets, and you

India Today  

The rupee’s recent tumble to a record low of 84.73 against the US dollar has raised concerns about its impact on the economy and people’s daily lives. Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of global and domestic factors, creating ripple effects that extend beyond currency markets. …

Rupee eyes breathing room as dollar softens, US bond yields dip
3 weeks, 5 days ago

Rupee eyes breathing room as dollar softens, US bond yields dip

Live Mint  

By Jaspreet Kalra MUMBAI, Nov 28 - The Indian rupee is expected to open flat to slightly higher on Thursday, supported by a pullback in the U.S. dollar index due to a dip in U.S. bond yields. The rupee is expected to see mostly rangebound trading, pressured by portfolio outflows on the one side and stern central bank defence of …

India rupee to gauge portfolio flows, bond yields to eye US peers
4 weeks, 1 day ago

India rupee to gauge portfolio flows, bond yields to eye US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 25 - The Indian rupee will track portfolio flows this week as a global equity index rejig comes into effect, amid foreign portfolio outflows from local stocks and bonds, while government bond yields will track U.S. Treasuries. U.S. personal consumption expenditure data, due Wednesday, will also be in focus this week to …

Dollar rebound and persistent outflows to keep rupee under pressure
1 month ago

Dollar rebound and persistent outflows to keep rupee under pressure

Live Mint  

By Jaspreet Kalra MUMBAI, Nov 22 - The Indian rupee is expected to stay on the back foot on Friday, pressured by a rebound in the dollar amid uncertainty about the pace of rate cuts in the United States, while persistent portfolio outflows also remain a worry for the local currency. Recent comments from some U.S. Federal Reserve officials have …

Rupee nearly flat; cenbank intervention supports as equities stay tepid
1 month ago

Rupee nearly flat; cenbank intervention supports as equities stay tepid

Live Mint  

By Jaspreet Kalra MUMBAI, Nov 18 - The Indian rupee was nearly unchanged on Monday as likely intervention by the Reserve Bank of India helped offset pressure driven by weakness in local equities, which have borne the brunt of sustained foreign portfolio outflows this quarter. A surge in the dollar, elevated U.S. bond yields and sustained foreign portfolio outflows have …

India bond yields marginally down on value buys, fresh cues awaited
1 month ago

India bond yields marginally down on value buys, fresh cues awaited

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 18 - Indian government bond yields trended slightly lower in early deals at the start of another holiday-truncated week amid value purchase from investors after yields rose last week. Meanwhile, U.S. Treasury yields edged higher on Friday and remained elevated during Asian hours as strong U.S. retail sales data and import prices lowered bets of …

India rupee to lean on central bank help; bonds to track US peers
1 month ago

India rupee to lean on central bank help; bonds to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 18 - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations surrounding Donald Trump's policies boost the dollar and U.S. bond yields. A sharp rise in the dollar and elevated U.S. bond yields since …

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?
1 month, 1 week ago

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Live Mint  

The Indian rupee hit a record low on Monday against the US dollar, reflecting broader weakness among Asian currencies under pressure following Donald Trump’s victory in the U.S. elections. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.05% at 105.05, near the four-month peak achieved last week following Trump’s win. …

Rupee plunges to all-time low of 84.38 against US dollar
Trending News
1 month, 1 week ago

Rupee plunges to all-time low of 84.38 against US dollar

India Today  

The rupee hit a record low against the US dollar on Monday, as concerns surrounding the recent victory of Donald Trump in the US elections put Asian currencies under pressure. FOREIGN INVESTORS PULL MONEY FROM INDIAN STOCKS Foreign investors have been offloading Indian stocks at a notable pace, adding further pressure on the rupee. Market experts say the rupee could …

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus
1 month, 2 weeks ago

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus

Live Mint  

The Indian rupee reached an all-time low on Monday, November 4, as the continuous outflow from local stocks eased the impact of a weaker dollar. The news agency Reuters reported that it also helped lift the dollar's regional peers ahead of the U.S. presidential elections. According to the report, the Indian rupee closed at 84.1150 against the U.S. dollar after …

Rupee opens on flat note against U.S. dollar in early trade
7 months, 1 week ago

Rupee opens on flat note against U.S. dollar in early trade

The Hindu  

The rupee opened on a flat note against the U.S. dollar in early trade on Thursday, as the support from positive domestic equities was negated by sustained foreign fund outflows and elevated crude oil prices. Forex traders said the rupee remains under pressure due to ongoing elections as well as foreign fund outflows and the same shall subside once the …

Rupee unlikely to benefit from softer US payrolls, upbeat risk
7 months, 2 weeks ago

Rupee unlikely to benefit from softer US payrolls, upbeat risk

Hindustan Times  

By Nimesh Vora Rupee unlikely to benefit from softer US payrolls, upbeat risk MUMBAI, - The Indian rupee is likely to open largely unchanged on Monday, despite a drop in U.S. Treasury yields and the dollar after the monthly U.S. jobs report made it more likely that the Federal Reserve will cut interest rates later in the year. The 10-year …

Rupee turns flat at 83.33 against U.S. dollar in early trade
8 months, 3 weeks ago

Rupee turns flat at 83.33 against U.S. dollar in early trade

The Hindu  

The rupee turned flat at 83.33 against the U.S. dollar in early trade on Thursday amid a strong American currency and higher crude oil prices. At the interbank foreign exchange, the rupee opened at 83.32 and lost further to trade at the previous closing level of 83.33 against the greenback in initial deals. Meanwhile, the dollar index, which gauges the …

Rupee settles on a flat note at 82.96 after RBI monetary policy decision
10 months, 2 weeks ago

Rupee settles on a flat note at 82.96 after RBI monetary policy decision

The Hindu  

February 08, 2024 05:01 pm | Updated 06:25 pm IST - Mumbai The rupee settled on a flat note at 82.96 against the U.S. dollar on February 8, after the Reserve Bank of India decided to keep the key policy rate unchanged for the sixth time in a row to maintain a tight vigil on inflation. The Indian rupee remained …

Rupee closes stronger, outperforms major Asian peers in January
10 months, 3 weeks ago

Rupee closes stronger, outperforms major Asian peers in January

The Hindu  

The Indian rupee ended higher on Wednesday, buoyed by dollar sales from both local and foreign banks, which lifted the local unit to its strongest level in over two weeks. Dollar sales from large foreign banks aided the rupee in the latter half of Wednesday's session, a foreign exchange trader at a private bank said. The rupee held its ground …

Rupee ends 12 paise lower at 83.18 against the US dollar
1 year ago

Rupee ends 12 paise lower at 83.18 against the US dollar

Live Mint  

The Indian rupee ended 12 paise lower against the US dollar on Tuesday tracking losses in Asian peers as the US Federal Reserve policymakers tempered US rate cut expectations. While local dollar demand from importers weighed on the rupee, positive sentiment in the domestic equity markets amid foreign fund inflows limited the downfall. The domestic equity market ended higher amid …

Rupee ends little changed at 83.27 against the US dollar
1 year, 1 month ago

Rupee ends little changed at 83.27 against the US dollar

Live Mint  

The Indian rupee ended little changed against the US dollar on Wednesday tracking a strong American currency overseas. While, a muted trend in domestic equity market and buoyant local dollar demand weighed on the Indian currency, a sharp correction in crude oil prices provided support. On the domestic front, the Indian equity market ended with minor gains Wednesday amid mixed …

Rupee eyes more gains, bond yield seen in narrow range
1 year, 9 months ago

Rupee eyes more gains, bond yield seen in narrow range

Hindustan Times  

The Indian rupee is set to keep up its momentum this week as a rebound in equity inflows supports sentiment, while government bond yields are expected to take major cues from moves in U.S. yields and remain in a thin range. The rupee broke out of its narrow trading range last week to finish nearly 1% higher at 81.9650 per …

Rupee, bond yields seen in narrow range as 2022 ends
1 year, 11 months ago

Rupee, bond yields seen in narrow range as 2022 ends

Live Mint  

The Indian rupee and government bond yields are expected to trade in a narrow range amid thin volume this week, the last of 2022, due to the lack of major triggers, with the rupee also likely to continue to benefit from the central bank's support. Indian government bond yields, too, may remain largely rangebound in thin trading volume as the …

Rupee falls 27 paise to end at 82.76 against US dollar
2 years ago

Rupee falls 27 paise to end at 82.76 against US dollar

Deccan Chronicle  

MUMBAI: The rupee declined by 27 paise to close at 82.76 against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance dented investor sentiments. Brent crude futures, the global oil benchmark, dropped 0.76 per cent to USD 76.54 per barrel. In the domestic equity market, the 30-share BSE Sensex closed 878.88 points …

Rupee falls 25 paise to close at 82.53 against US dollar
2 years ago

Rupee falls 25 paise to close at 82.53 against US dollar

Deccan Chronicle  

MUMBAI: The rupee declined 25 paise to close at 82.53 against the US dollar on Monday, pressured by a lacklustre trend in the domestic equity markets and foreign capital outflows ahead of macroeconomic data announcements. The 30-share BSE Sensex ended 51.10 points or 0.08 per cent lower at 62,130.57, while the broader NSE Nifty closed almost flat at 18,497.15. After …

Markets end in red; Sensex falls for 3rd day in row, IT stocks worst hit
2 years ago

Markets end in red; Sensex falls for 3rd day in row, IT stocks worst hit

Live Mint  

Indian markets corrected steeply on Tuesday tracking feeble Asian counterparts as global investors turned cautious after strong US services data sparked bets for higher terminal rates by Federal Reserve. Surprisingly, the Indian rupee reached its highest level since November 7th against the US dollar due to suspected Yuan-Rupee carry trade unwind and corporate dollar outflows. Rupak De, Senior Technical Analyst …

Rupee depreciates against dollar as focus shifts on Fed minutes, premiums fall
2 years, 1 month ago

Rupee depreciates against dollar as focus shifts on Fed minutes, premiums fall

Live Mint  

Indian rupee depreciated slightly against the greenback on Wednesday due to cash dollar outflows coupled with feeble Asian and EM counterparts. Sriram Iyer, Senior Research Analyst at Reliance Securities said, "The Indian Rupee weakened marginally on Wednesday on cash dollar outflows and weaker Asian and EM peers." Iyer added that "crude oil prices remained subdued and offered some support, NDF …

How rupee may move against dollar in November?
2 years, 1 month ago

How rupee may move against dollar in November?

Live Mint  

Indian currency ended the week on a flat note and stood around 82.44 against the dollar on Friday. On the weakening in the rupee, Sriram Iyer, Senior Research Analyst at Reliance Securities said that the primary reason for the depreciation is hawkish Fed has pushed the dollar to two-decade highs. For the rest of November, Reliance Securities expert believes the …

With the rupee under pressure, what next
2 years, 2 months ago

With the rupee under pressure, what next

The Hindu  

Even without getting into any quantitative measure of vulnerability, it is quite clear that the rupee is under pressure. In the last one year, it depreciated by over 10%, has crossed the psychological marker of ₹80 to a dollar, and India’s foreign exchange reserves are down by more than $100 billion. Arguably, the pressure on the rupee has softened, if …

Indian stocks slump on global monetary policy tightening; Rupee at new low
2 years, 3 months ago

Indian stocks slump on global monetary policy tightening; Rupee at new low

India TV News  

Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. Meanwhile, Rupee tasted yet another lifetime low on Friday morning after the US dollar index strengthened to a two-decade high this week, on hopes that demand for safe-haven …

Rupee slips to historic low at 80.05 a dollar
2 years, 5 months ago

Rupee slips to historic low at 80.05 a dollar

The Hindu  

The Indian rupee weakened to a historic closing low of 80.05 per U.S. dollar on Wednesday as foreign portfolio investors continued to sell their Indian holdings and head back to the safety of the dollar and domestic oil importers too bought the U.S. currency for funding purchases. Sugandha Sachdeva, VP, Commodities & Currency Research, Religare Broking, attributed the rupee’s fall …

Rupee opens at all-time low of 78.86 against US dollar
2 years, 5 months ago

Rupee opens at all-time low of 78.86 against US dollar

India Today  

The rupee on Wednesday opened at an all-time low against the US dollar. This came after rising oil prices put pressure on the rupee, which ended at a record closing low of 78.77 per dollar on Tuesday, after falling to an all-time low of 78.84 in the session. On the interbank forex market on Wednesday, the rupee opened low at …

A weakening rupee and its broad implications on our economy
2 years, 5 months ago

A weakening rupee and its broad implications on our economy

Live Mint  

The Indian rupee has weakened by about 5% over the course this year so far, in response to domestic and global factors. The rupee is not alone: It could very well be said that the latest turn of events in currency markets is more of a dollar strengthening situation, as the US Federal Reserve’s rate-hiking spree has bolstered the dollar …

Rupee falls to all time low of ₹77.93 against U.S. dollar
2 years, 6 months ago

Rupee falls to all time low of ₹77.93 against U.S. dollar

The Hindu  

The Indian rupee on Friday hit a record low against the U.S. dollar following flight of capital on account of Foreign Portfolio Investors pulling out of the equity market and likely outflow of dollar to pay for rising oil prices. At the inter-bank exchange, the Indian Rupee dipped 19 paise to 77.93 against the dollar compared with its previous close …

Rupee slumps 10 paise to close at all-time low of 77.72/USD
2 years, 7 months ago

Rupee slumps 10 paise to close at all-time low of 77.72/USD

India TV News  

Highlights The rupee slumped 10 paise to close at a record low of 77.72 against the US dollar The rupee touched an intra-day low of 77.76 and a high of 77.63 On Wednesday, the rupee declined by 18 paise to close at 77.6​2 The rupee extended its losses and slumped 10 paise to close at a record low of 77.72 …

Rupee tumbles to a record low on inflation risks, stocks' decline
2 years, 7 months ago

Rupee tumbles to a record low on inflation risks, stocks' decline

Hindustan Times  

Indian rupee tumbled to a new low, while bonds and stocks retreated amid growing worries that accelerating inflation may force the central bank to tighten rates more aggressively. The yield on benchmark 10-year bonds rose five basis points to 7.27% after declining about 25 basis points in the previous two sessions to Wednesday. Investors are worried that inflation staying above …

Indian Rupee slumps to all-time low of 77.42 against US dollar
2 years, 7 months ago

Indian Rupee slumps to all-time low of 77.42 against US dollar

Deccan Chronicle  

Mumbai: The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and unabated foreign fund outflows. The Indian rupee opened weaker on Monday against the dollar as weakness in global equities on concerns over economic outlook …

Rupee slumps 52 paise to all-time low of 77.42 against US dollar in early trade
2 years, 7 months ago

Rupee slumps 52 paise to all-time low of 77.42 against US dollar in early trade

The Hindu  

The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then lost ground to quote at 77.42, …

Rupee Slumps to All-Time Low of 77.42 Against US Dollar Amid Negative Market Sentiments
2 years, 7 months ago

Rupee Slumps to All-Time Low of 77.42 Against US Dollar Amid Negative Market Sentiments

News 18  

The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and unabated foreign fund outflows. The Indian rupee opened weaker on Monday against the dollar as weakness in global equities on concerns over economic outlook and …

Rupee slips by six paise to 75.02 against US dollar in opening trade
3 years, 1 month ago

Rupee slips by six paise to 75.02 against US dollar in opening trade

Firstpost  

The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell marginally by 0.06 percent to 93.88 Mumbai: The Indian rupee depreciated by six paise to 75.02 against the US dollar in opening trade on Wednesday, weighed down by firm crude oil prices and a strong American currency in the overseas market. Meanwhile, the dollar index, …

Bond investors see RBI curbing yields amid India’s supply deluge
3 years, 10 months ago

Bond investors see RBI curbing yields amid India’s supply deluge

Live Mint  

India is set to sell another Rs260 billion of bonds on Friday amid rising expectations that the central bank will step into the market to keep yields from rising too far. Surprise demand at a special auction of government debt on Thursday spurred talk that state-run banks and primary dealers were scooping up bonds to sell to the Reserve Bank …

Rupee closes at 11-month high against dollar
3 years, 10 months ago

Rupee closes at 11-month high against dollar

Live Mint  

Mumbai: The Indian rupee strengthened on Wednesday to close at 11-month high against the greenback as the dollar index weakened against a basket of six major currencies. The upbeat sentiments on account of optimism about a global recovery and inflows into local stocks will help Indian Rupee to appreciate, but likely RBI intervention at around 72.80-75.75 zone may limit the …

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