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Indian rupee strengthens above 83.50/USD for first time in over two months
The Indian rupee rallied on Friday to climb above 83.50 per U.S. dollar for the first time since late July, boosted by dollar sales by foreign banks and a rise in most of its Asian peers. The rupee was at 83.
Rupee Strengthens Against Dollar After US Jobless Claims Fall
"The RBI seems to have loosened it's iron grip on the USD-INR pair as it allowed rupee to gain up to 83.56 before it bought dollars to allow a closure at 83.68," said Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP.
Rupee surges to 2-month high, ends at 83.562 vs US dollar
The rupee has strengthened against the dollar following the US Fed's rate cut and positive economic commentary. Market experts predict further gains in the rupee as the interest rate differential between India and the US widens.
FXStreet
1d
USD/INR faces some selling pressure as likely inflows boost Indian Rupee
Indian
Rupee
gains traction in Friday’s Asian session. Softer
USD
and portfolio inflows support the INR, while higher crude oil prices might cap its upside. Investors await the Fed’s Harker ...
1d
on MSN
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, ...
1d
Rupee vs Dollar: Indian currency logs 10 paise gain to settle at 83.55 against US dollar
The Indian currency has been on a recovery path since September 11 when it had settled at 83.99 against the American currency ...
FXStreet
4d
USD/INR posts modest gains, Indian WPI Inflation eases to 1.31% in August
Indian
Rupee
(INR) loses ground in Tuesday’s early European session. India’s Wholesale Price Index (WPI) Inflation eased ...
money.rediff
1d
Rupee Gains 10 Paise, Settles at 83.55 vs US Dollar
The Indian rupee strengthened for a seventh straight session, closing at 83.55 against the US dollar. Robust domestic ...
11d
Nifty 50, BSE Sensex face resistance as the USD/INR soars to ATH
The Nifty 50 and BSE Sensex indices have stalled recently as the USD/INR exchange rate sits near its all-time high.
Business Recorder
5d
Indian rupee to take support on rising odds of large Fed rate cut
MUMBAI: The
Indian
rupee
is expected to receive a boost on Monday from the ... It “should be clear” what the Fed’s ...
8d
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 ...
4d
Rupee expected to remain steady ahead of Fed decision
The Indian rupee is expected to open nearly flat on Tuesday, with traders expecting the currency to see largely rangebound ...
1d
Rupee logs 10 paise gain to settle at 83.55 against US dollar
At the interbank foreign exchange market, the Indian currency opened at 83.63 and hit the intra-day high of 83.48 against the ...
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