
Markets are currently pricing in a nearly 66% chance that the Fed could begin easing rates in March, the CME…
Broadly the rupee continued to consolidate in a narrow range and volatility remained low primarily as the RBI actively intervened.…
The dollar index jumped 0.8% on Tuesday and the 10-year U.S. Treasury yield rose 8 basis points.
The rupee was at 83.33 against the U.S. dollar as of 10:10 a.m. IST, down 0.1% from its previous close…
Forex traders said the rupee is trading in a narrow range as the support from easing crude oil prices was…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading lower by 0.13 per…
The inflow of foreign funds and a downward trend in crude oil prices also supported the Indian currency, forex traders…
Latest data released from the RBI showed forex reserves rose to the highest level in 20-months to $615.9 billion.
At the interbank foreign exchange market, the local unit opened strong at 82.97 against the greenback and traded in a…
The RBI in its December monetary policy statement unveiled last week did anticipate an increase in vegetable prices that could…
The rupee finally closed at 83.03, up by 27 paise over the previous close of 83.30. On a weekly basis,…
A dovish US Federal Reserve outcome prompted investors to price in more rate cuts next year, fuelling a plunge in…
At the interbank foreign exchange market, the local unit opened at 83.36 and touched a low of 83.37 against the…
Investors are also awaiting domestic GDP data to be released later in the day, they said.
Positive sentiment in the domestic equity markets and easing crude oil price also boosted the Indian currency, said Forex traders.
It finally settled at 83.34 against the dollar, registering a gain of 6 paise from its previous close.
Forex traders said, positive sentiment in the domestic equity markets and lower crude oil price also favoured the Indian currency.
At the interbank foreign exchange, the rupee opened at 83.33 against the dollar. It touched a low of 83.36 in…