"foreign-exchange"

The rupee fell 7 paise to close at 94.50 against the US dollar as rising crude oil prices and global headwinds offset support from strong FCNR inflows. Weak domestic equities also weighed on sentiment, while forex reserves climbed to a record high

World Bank Executive Director Neelkanth Mishra said India need not worry about repaying FCNR(B) deposits at maturity, as they can be rolled over if global financing conditions remain tight. He described the deposits as relatively cheap capital and called India’s external debt position healthy

The Indian rupee fell 20 paise to settle at 96.73 against the US dollar on Thursday. Escalating West Asia tensions pushed Brent crude to $96.15 per barrel, while heavy foreign equity outflows continued to pressure the local currency

The Indian rupee fell 28 paise to settle at 96.53 against the US dollar on Wednesday, driven by soaring Brent crude prices above USD 94 per barrel, escalating Middle East geopolitical conflict, and heavy domestic equity sell-offs

The rupee weakened 14 paise to close at 96.44 against the US dollar on Monday, pressured by rising crude oil prices and global risk aversion amid US-Iran tensions. RBI intervention expectations and stronger forex reserves helped limit further depreciation

The rupee appreciated 48 paise to close at 94.95 against the US dollar, supported by improved global risk sentiment, softer crude oil prices and a weaker dollar. Analysts said easing inflation concerns and foreign fund inflows also boosted the currency

The Indian rupee appreciated 14 paise to close at 95.21 against the US dollar on Friday, supported by a weaker dollar index and stronger domestic equities. However, importer demand for dollars and RBI purchases limited further gains in the local currency

India’s gold imports fell nearly 70% to 25-30 tonnes after customs duty on gold was raised to 15% from 6%. Despite lower volumes, import value increased due to rising prices. The government aims to reduce foreign exchange outflow and prioritise essential imports

The Indian rupee appreciated for the third consecutive session, closing at 94.53 against the US dollar, supported by easing geopolitical tensions, falling crude oil prices, and softer dollar index. Equity inflows and positive global sentiment further strengthened the currency outlook

The rupee strengthened sharply by 77 paise to close at 95.08 against the US dollar, supported by falling global oil prices after reports of a possible US-Iran deal, a weaker dollar index, and strong gains in domestic equity markets

The rupee appreciated 25 paise to close at 95.36 against the US dollar on Tuesday, supported by lower crude oil prices, a weaker dollar index, positive domestic equities and easing geopolitical tensions in West Asia, helping the currency recover from recent losses

The Enforcement Directorate has launched a FEMA-related investigation into Vedanta Group, conducting searches at its offices in Delhi, Mumbai and Udaipur. The probe reportedly examines foreign exchange transactions involving brand fees, while the company says it is fully cooperating with authorities

Commerce Minister Piyush Goyal said the government does not intervene in exchange rates as they are market-driven, influenced by global factors. He added that India is focused on boosting exports, reducing imports, and strengthening investment through trade reforms and policy support

The RBI is employing a "non-direct" strategy to defend the struggling rupee, according to forex traders.

The Indian women’s hockey team has been placed in Pool D alongside England, China and South Africa for the FIH Hockey World Cup 2026, with Chief Coach Sjoerd Marijne expressing confidence in the team’s preparation and consistency ahead of the tournament.

Mercedes-Benz India has announced a 2 per cent price increase across its portfolio effective April 1, 2026, citing foreign exchange volatility and rising input costs. Audi India also declared a similar 2 per cent increase earlier this week.

The rupee fell 4 paise to 85.72 against the US dollar in early trade on Monday amid rising Brent crude prices and reduced yield appeal after RBI’s 50 bps rate cut. Traders expect short-term pressure on the currency.

According to forex traders, escalating geopolitical tensions between India and Pakistan have triggered a risk-off sentiment in the market, weighing on the rupee. However, steady foreign fund inflows and stable crude oil prices helped limit the domestic currency’s decline.

The Indian currency, however, capped the fall on the back of some recovery in domestic equity markets and receding crude oil prices overseas

Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18 per cent.