Rupee climbs to highest in over a month with Fed rate cut in sight
WEB14 hours ago · The rupee closed at 83.75 against the U.S. dollar, up 0.1% from its close at 83.8875 on Monday. The currency touched a peak of 83.71 during the session, its highest since August 1.
Rupee expected to remain steady ahead of Fed decision
WEB21 hours ago · The Indian rupee is expected to open nearly flat on Tuesday, with traders expecting the currency to see largely rangebound price action ahead of U.S. Federal Reserve's policy decision this week.
Rupee rises 5 paise to 83.87 against US dollar in early trade
WEB1 day ago · The rupee appreciated by 5 paise to 83.87 against the US dollar, supported by a weakening American currency and significant foreign fund inflows. Market participants await cues from the US Fed policy on Wednesday. The Reserve Bank of India's intervention has kept the rupee steady, with forex reserves reaching an …
Rupee rises 4 paise to close at 83.88 against U.S. dollar
WEB1 day ago · Rupee rises 5 paise to 83.87 against U.S. dollar in early trade. On Friday (September 13, 2024), the local unit settled higher by 4 paise at 83.92 against the U.S. dollar. "We expect the Indian ...
Rupee ends flat; forward premiums climb on Fed rate cut hopes
WEB1 day ago · The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of an outsized 50-basis-point rate cut by the U.S. Federal Reserve this week. The currency ...
RBI Isn’t Artificially Keeping Rupee Strong, Das Says
WEB2 days ago · The Indian rupee’s resilience is reflecting the nation’s strong economic fundamentals and the central bank isn’t artificially bolstering the currency. , Reserve Bank of India Governor ...
Rupee has been among the least volatile currencies since 2023: …
WEB1 day ago · Addressing the central bank's ongoing efforts to manage exchange rate fluctuations, Reserve Bank of India (RBI) governor Shaktikanta Das said that the rupee has emerged as "one of the least volatile currencies" worldwide, particularly since the start of 2023. Speaking to CNBC International, he said ...
Rupee ends higher, logs strongest weekly rise since late June
WEB4 days ago · The rupee closed at 83.8875 against the U.S. dollar, up from its close at 83.9650 in the previous session. The currency strengthened nearly 0.1% week-on-week, its best weekly performance since the ...
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
WEBAug 9, 2024 · India’s central bank looks to have drawn a new line in the sand for the rupee at the 84-per-dollar level, according to analysts. The Indian currency tested a series of record lows in recent days...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe Indian rupee rose by 0.05% to 83.9250 on Friday, supported by hopes of a significant rate cut by the Federal Reserve next week. This development also boosted most Asian currencies and dollar-rupee forward premiums. Traders expect the rupee to remain rangebound due to continued demand for dollars from importers.
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