Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB2 days ago · The rupee ended at 83.68 against the U.S. dollar, up 0.1% from its previous close of 83.75. The currency scaled as high as 83.57 in the session, its strongest since July 18.
Rupee logs best week this year, aided by Fed cut, portfolio inflows
WEB1 day 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 ...
Rupee posts biggest weekly gain in 2024; appreciates 9 paise to …
WEB1 day ago · The Indian rupee on Friday strengthened further against the US dollar to appreciate up to Rs 83.48 per dollar during the day, before settling at 83.57 per dollar—a two-month high. The local currency witnessed its highest weekly gain in the current calendar year. The domestic unit appreciated by 0.
India’s Das Tames Volatile Rupee With $689 Billion Reserves
WEB1 day 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: Indian Rupee, Latest News on Rupee, Find out why Rupee …
WEBThe Indian rupee reached a two-month high, driven by portfolio inflows and a rally in the Chinese yuan following the Federal Reserve's interest rate cut. The rupee closed at 83.68 against the U.S. dollar, with India's equity indices also seeing gains.
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 settles at record closing low as equity tax hikes hurt …
WEBJul 23, 2024 · The Indian rupee slipped to record lows on Tuesday as the government raising tax rates for capital gains from equity investments and on equity derivative trades hurt market sentiment.
Rupee inches up in muted early trade; awaits inflation data, …
WEBFeb 12, 2024 · The Indian rupee inched higher on Monday amid muted early trading, with most Asian markets closed, and as traders await fresh cues from the release of inflation data in India and the United...
How India’s Rupee Went From Most to Least Volatile in Asia
WEBJun 26, 2024 · The Indian rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround reflects India’s growing economic heft and the ...
Rupee’s Brief Dalliance With Record Low Yet to Crack Tight Range
WEBNov 2, 2023 · The Indian rupee saw a record low close of 83.29 per dollar Wednesday before pulling back Thursday, but strategists say a sustained break of its recent trading range is needed before momentum ...
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