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The Indian rupee advanced to its strongest level in nearly a week on May 23, supported by central bank intervention and interbank dollar selling after the currency came under heavy pressure in recent weeks due to elevated crude oil prices and foreign
The Indian rupee rebounded sharply on May 22, gaining 49 paise from its record closing low to settle at 96.37 against the U.S. dollar amid softer crude oil prices and possible intervention by the Reserve Bank of India (RBI). At the interbank forei
The Reserve Bank of India is evaluating several options to stabilise the rupee, including a potential rate hike, following the currency’s sharp depreciation against the U.S. dollar, according to a Bloomberg report citing people familiar with the ma
The rupee depreciated 13 paise to settle at an all-time closing low of 96.83 against the U.S. dollar on Wednesday, according to interbank foreign exchange market data. The domestic currency had closed at 96.70 in the previous session. During the d
The Indian rupee settled at an all-time closing low of 96.53 against the U.S. dollar on Tuesday, declining 18 paise from the previous close of 96.35. The currency also touched an intraday low of 96.61 during the session as rising crude oil prices and
The Indian rupee touched a fresh lifetime low of 96.25 against the U.S. dollar in early trade on Monday as higher crude oil prices and a stronger dollar weighed on market sentiment. The currency opened lower and remained under pressure through the
The Indian rupee weakened against the U.S. dollar as higher crude oil prices increased pressure on oil-importing economies across Asia. Rising U.S. Treasury yields also strengthened demand for dollar-denominated assets, adding to pressure on emerging
The Indian rupee rose by as much as 0.7% to 91.5112 per U.S. dollar on Thursday after the Reserve Bank of India intervened in currency markets, according to Reuters. The move followed a record low recorded by the currency in the previous trading sess
The Indian rupee opened 10 paise stronger at 90.56 against the U.S. dollar on February 9, supported by improved sentiment after additional details of an interim U.S.–India trade agreement were announced over the weekend. The currency opened high
The Indian rupee opened 23 paise higher at 90.23 against the U.S. dollar on February 6, compared with its previous close of 90.43, as trading activity remained muted ahead of the Reserve Bank of India’s Monetary Policy Committee policy announcement
India's smallcap index braces for steepest annual drop in seven years as 2025 draws to a close. Data from BSE shows the index down roughly 7-9% YTD, outpacing the 6.8% dip in 2019 but trailing the brutal 23.5% plunge of 2018. Sharp Reversal
The Indian rupee showed a modest recovery on Monday, buoyed by news of upcoming U.S.-India trade discussions. However, the currency was expected to face resistance at the opening of Tuesday’s trading session due to the dollar’s strength and hedgi
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