Rupee logs best week this year, aided by Fed cut, portfolio inflows
WEB2 days ago · The rupee closed at 83.5625 against the U.S. dollar, up from its close at 83.68 in the previous session. The Indian currency jumped to an more than two-month high of 83.4850 earlier in the session ...
India’s Das Tames Volatile Rupee With $689 Billion Reserves
WEB2 days ago · Thu, Sep 19, 2024, 9:19 PM5 min read. 0. (Bloomberg) -- India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it ...
Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB3 days ago · The Indian rupee hit a two-month high on Thursday, aided by likely portfolio inflows and a rally in the Chinese yuan after the Federal Reserve delivered a 50 basis points interest rate cut. Asian ...
USD/INR weakens as likely inflows boost Indian Rupee
WEB2 days ago · The Indian Rupee (INR) extends its upside on the weaker US Dollar (USD) on Friday. The INR trades near the two-month highs, bolstered by likely portfolio inflows and an appreciation in the Chinese ...
Rupee logs 10 paise gain to settle at 83.55 against U.S. dollar
WEB2 days ago · Rupee logs 10 paise gain to settle at 83.55 against U.S. dollar At the interbank foreign exchange market, the Indian currency opened at 83.63 and hit the intra-day high of 83.48 against the greenback
Rupee: Shaktikanta Das using a China-like $700 billion coffer to …
WEB2 days ago · India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it to drift lower to aid Prime Minister Narendra Modi’s export ambitions. The Reserve Bank of India’s foreign-exchange reserves have swelled to almost $700 billion in a move reminiscent of …
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe Indian rupee closed higher on Friday after rising to its highest in two weeks, aided by likely intervention from the Reserve Bank of India (RBI) and broad-based interbank dollar sales in the latter half of the session.
Indian rupee: Rupee ends weaker, pressured by state-run banks' …
WEBJul 11, 2024 · The Indian rupee ended slightly weaker on Thursday, pressured by dollar demand from state-run banks and importers, although most of its Asian peers gained ahead of a key U.S. inflation report. The rupee ended at 83.56 against the U.S. dollar, moderately lower than its close at 83.52 in the previous session.
How India’s Rupee Went From Most to Least Volatile in Asia
WEBJun 26, 2024 · With Indian bonds set to join an important global index this week, the currency’s stability couldn’t have come at a better time, burnishing the appeal of Indian assets for investors.
Rupee falls most in over a year as vote count shows narrower win …
WEBJun 4, 2024 · The Indian rupee slumped on Tuesday after vote counting trends signalled that Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance would win a narrower majority than was expected,...