Currencies News

The rupee is projected to open in the 94.80-94.85 range against the U.S. dollar, stronger than Friday’s closing level of 95.11. If realised, the move would take the currency beyond the levels seen after the Reserve Bank of India’s June 5 policy m

The Indian rupee appreciated by 39 paise to open at 95.37 against the U.S. dollar on Friday, June 12, benefiting from a sharp decline in global crude oil prices. The domestic currency gained ground after easing geopolitical concerns in West Asia redu

The rupee declined by 30 paise at the opening on Thursday, slipping to 95.57 against the U.S. dollar from its previous close of 95.27, as rising crude oil prices and fresh geopolitical developments in the Middle East increased pressure on the domesti

The Reserve Bank of India (RBI) has introduced a package of measures designed to encourage foreign currency inflows, with the central bank agreeing to absorb exchange-rate risk on select foreign currency deposits and overseas borrowings. The initiati

The Indian rupee declined by 19 paise at the opening bell on June 10, starting the session at 95.54 against the U.S. dollar compared with its previous close. The domestic currency came under pressure as rising crude oil prices and persistent demand f

The Indian rupee opened 33 paise stronger at 95.48 per U.S. dollar on Tuesday, June 9, compared with the previous close of 95.71, supported by easing crude oil prices after a pause in Iran-Israel hostilities, which reduced pressure on the greenback.

The Indian rupee opened weaker on Monday’s trading session, opening 37 paise lower against the US dollar. The domestic currency came under pressure with crude oil prices gaining and Asian stock markets witnessing broad selloff. The weakness foll

The Indian rupee opened slightly stronger against the U.S. dollar on June 5 as market participants awaited the Reserve Bank of India’s monetary policy outcome and any measures aimed at supporting the domestic currency. The rupee opened at 95.72

On June 4, the Indian rupee started steady against the U.S. dollar. It barely moved, balancing ongoing foreign capital outflows with calm global currency markets. The domestic currency opened at 95.71 per dollar, the same level as its previous clo

The Indian rupee opened 19 paise lower at 95.45 against the U.S. dollar on June 3, extending losses for a second straight session. The domestic currency had settled at 95.27 in the previous session. The weakness in the rupee came amid firm crude o

The Indian rupee began Tuesday’s session on a softer note, opening 5 paise lower at 95.05 against the U.S. dollar compared with its previous close of 95.00. The domestic currency came under pressure as uncertainty surrounding U.S.-Iran negotiations

The Indian rupee opened 3 paise higher at 94.97 against the U.S. dollar on Monday, June 1, recovering marginally at the start of trade even as rising crude oil prices and expectations of continued foreign fund outflows remained key concerns for the d