Currencies News

India is likely to see significant foreign currency inflows from the RBI measures that have been announced. The overall move will be fuelled by the FCNR(B) deposits, while other measures will be OBC and ECAs. The measures seek to enhance foreign e

The Indian rupee opened 3 paise higher at ₹96.17 against the U.S. dollar on Wednesday, July 15, supported by softer-than-expected U.S. inflation data. Despite this, the local currency faced selling pressure due to the high crude oil prices and the

The Indian rupee opened at 95.55 against the U.S. dollar on Thursday, July 9, matching its previous opening level as investors assessed the impact of higher global oil prices and renewed geopolitical tensions in the Middle East. The domestic curre

The Indian rupee strengthened at the opening on Tuesday, July 7, tracking gains in several Asian currencies and a weaker U.S. dollar. The domestic currency opened at 95.33 against the U.S. dollar, improving from its previous close of 95.40. The ea

The Indian rupee began Monday’s session on a flat note, opening at 95.23 against the U.S. dollar compared with Friday’s closing level of 95.22. The domestic currency showed little movement in early trade as global currency markets remained broadl

The Indian rupee appreciated by 18 paise against the U.S. dollar at the opening on Friday, supported by broad-based weakness in the U.S. currency following weaker-than-expected U.S. employment data. The domestic currency opened at 95.21 against the U

The Indian rupee opened 32 paise stronger against the U.S. dollar on 2 July, supported by lower international crude oil price and improved sentiment at the start of the trading session. The domestic currency began the day at 94.92 per U.S. dollar, co

India and Japan are expected to move closer to establishing a direct yen-rupee trade settlement mechanism, marking a significant step in bilateral financial cooperation. According to a Nikkei Asia report, the proposal could be included in the joint s

The Indian rupee opened flat at 94.66 against the U.S. dollar on Wednesday, unchanged from its previous close, as currency markets awaited fresh global cues and key U.S. macroeconomic data. The domestic currency entered the new trading session aft

The Indian rupee began Tuesday’s session with modest losses against the U.S. dollar, reflecting weakness across some Asian currencies amid a firmer dollar index and higher crude oil prices. The domestic currency opened at 94.57 per U.S. dollar, dow

The Indian rupee saw a slight strengthening to begin the day on June 29, helped by the stability in the price of crude oil amid heightened tension between the U.S. and Iran. The domestic currency opened at 94.35 against the U.S. dollar, gaining 5 pai

The Indian rupee opened stronger against the U.S. dollar on June 25, benefiting from easing crude oil prices that have fallen below levels seen before the recent Iran-related conflict. The domestic currency opened at 94.30 per U.S. dollar, up 35 pais