"indian-rupee"

The rupee settled nearly flat at 95.71 against the US dollar on Friday after paring early gains. While a weaker dollar and positive domestic market sentiment offered support, geopolitical tensions and crude oil concerns limited the currency’s rise

The rupee is expected to weaken to Rs 97 per dollar by FY27-end and Rs 99 by FY28-end, BMI said. Elevated energy prices, global risk aversion and interest-rate differentials will pressure the currency, while capital inflows and remittances may cushion depreciation

Crude oil prices may remain volatile next week as markets monitor developments around the Strait of Hormuz. Experts said the Indian rupee could strengthen further against the US dollar if geopolitical risks remain contained and crude prices stay under pressure

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 Indian rupee strengthened 15 paise against the US dollar in early trade, supported by improved market sentiment after Saudi Arabia cut crude prices for Asia. Easing Middle East tensions, lower oil prices and renewed foreign investor buying also boosted the currency

The Indian rupee is expected to strengthen further, reducing the likelihood of significant foreign portfolio investor outflows. Improved earnings growth, stable currency performance and anticipated dollar inflows are supporting market sentiment, while concerns remain over weak monsoon conditions and global investment trends

The Reserve Bank of India has dismissed reports suggesting it liquidated USD 12 billion in gold to defend forex reserves. The RBI confirmed physical gold stocks remain unchanged at 880.52 tonnes, despite severe macro pressures on the rupee

The Indian rupee strengthened for a second straight session, rising 63 paise to close at 95.73 against the US dollar. Support came from easing crude oil prices, positive equity markets, softer US yields and expected Reserve Bank of India intervention

The rupee has come under significant pressure in recent weeks

India’s rupee has fallen to record lows amid high oil prices, foreign portfolio outflows, widening trade deficit, and a strong US dollar. Structural pressures and geopolitical tensions are driving depreciation, raising concerns over inflation, CAD widening, and possible touch of 100/USD

The domestic currency opened at 95.86 in the interbank foreign exchange market and slipped to 95.94 during early trade, after touching an all-time low of 95.96 in the previous session.

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