
The Indian rupee hit all-time low of 83.88 against the dollar on August 6 on the back of multitude of…
CareEdge Ratings expect the USD/INR to trade between 83.0-83.8 in the near term. Continued FPI outflows from equities may put…
The USD/INR is expected to trade between 83-83.70 in the near term. A strong dollar, high crude oil prices, and…
Apart from the Fed policy statement market participants will be keeping an eye on the non-farm payrolls data that is…
As per a foreign exchange trader at a state-run bank, broad-based dollar sales from local and foreign banks helped the…
Recent, trade balance data showed from India showed deficit widened in the months of February to $18.71 billion from $17.49…
At the interbank foreign exchange market, the local unit opened weak at 83.28 against the greenback, and finally settled at…
There is an anticipation that, given sufficient dollar inflows and a relatively constrained rupee liquidity, the central bank might execute…
The Indian rupee appreciated on Thursday on weak US dollar and positive domestic markets, while FII inflows also supported the…
Market participants were cautious ahead of the important India GDP number that showed the Indian economy grew by 8.4% during…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, declined 0.19 per cent to 103.78.
FOMC meeting minutes also showed that few members thought of the possibility that interest rates have reached their maximum, suggesting…
At the interbank foreign exchange, the local unit opened at 82.94 against the greenback. It hit an intraday high of…
At the interbank foreign exchange, the local unit opened at 82.90 against the greenback. It hit an intra-day high of…
GDP forecasts for Q1FY25 has been raised to 7.2% from 6.7%, Q2FY25 raised to 6.8% from 6.5%; Q3FY25 GDP growth…
The rupee was at 82.9925 against the U.S. dollar as of 09:45 a.m., slightly stronger than its previous close at…
The dollar index edged lower to 103.16 and most Asian currencies dipped, with the Indonesian rupiah leading losses down by…
The offshore Chinese yuan was up 0.1% after the country’s central bank said it would cut the amount of cash…