"indian-rupee"

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

The rupee declined 39 paise to close at a record low of 95.23 against the US dollar amid rising crude oil prices, foreign fund outflows and Middle East tensions. Analysts warned that continued pressure on oil prices may further weaken the Indian currency

The Indian rupee ended 4 paise higher at 94.84 against the US dollar, supported by softer crude prices, though pressures from rising oil, FII outflows, and global uncertainties capped gains. Markets remain cautious amid US-Iran tensions and inflation concerns

Indian rupee surged 1.7%, its biggest gain in over 12 years, after Reserve Bank of India tightened curbs on currency speculation and offshore derivatives. Gains came amid global market weakness, rising crude prices, and falling Asian equities and domestic indices

The rupee rose sharply by 119 paise to 90.30 against the US dollar in early trade after the US cut tariffs on Indian goods to 18 per cent. Forex traders said the move could improve FII interest in Indian markets.

The rupee rebounded from record lows to gain 9 paise against the US dollar in early trade, aided by falling crude oil prices, though gains were capped by a stronger dollar, foreign fund outflows and weak domestic equity markets

Nepal police arrested two Bihar residents in Rautahat for carrying fake Indian currency worth ₹2,500, including ₹500 and ₹200 notes, during a routine security check

The rupee has fallen from 90 a dollar to 91 in the last 10 trading sessions, and according to forex traders, the Indian currency might even cross the 92 per dollar-mark in December

Calling Rs 90 per dollar ‘“not a big concern’ may calm markets, but it masks deeper structural flaws in the economy

The rupee crashed to a record 90.13 per US dollar on Wednesday amid weak trade flows and uncertainty over the India–US trade deal. The sharp fall weighed on equities, with Nifty slipping below 26,000 and market sentiment turning cautious.

Forex traders noted that the Indian rupee has pushed back against external pressures, bolstered by strong foreign inflows into debt markets. However, persistent foreign institutional investor sell-offs and uncertainty over Trump's tariff stance could still threaten the rupee's upward trajectory.

Domestic benchmark indices too opened lower on Monday as US President Donald Trump threatened to start imposing new 25 per cent tariff on all steel and aluminium imports

The rupee opened at 86.35 then fell further to 86.44 against the American currency, as Trump Tariffs uncertainty gained

Higher crude oil prices, lower economic growth projection continue to play spoilsports on Wednesday

Forex traders say higher dollar demand as well as an upward momentum in crude oil prices due to volatile geopolitical situation pushed local unit further downward

Forex traders noted that the rupee remains stable within a narrow range due to active intervention by the Reserve Bank of India (RBI). In the interbank foreign exchange market, the rupee opened at 83.97 against the US dollar, up by 2 paise from its previous close.

Forex traders noted that positive sentiment in both domestic and global equity markets, coupled with a weak American currency, supported the rupee. On the interbank foreign exchange, the rupee opened at 83.93 and traded at its previous session's closing level of 83.94 against the dollar.

“Although the societal structure is very similar to our country, it is better in some ways. And there are a lot of foreign students, so we get to interact with different cultures,” says Shalini Divya, a third-year medico.

The rupee dropped 6 paise to 83.18 (provisional) against the US dollar on Monday due to sharp losses in local stocks and US bond yields surging to 5 per cent

Forex traders said positive macroeconomic data supported the rupee, while geopolitical tensions, particularly the Israel-Hamas conflict, dented investor sentiments