Currencies News

The Indian rupee began Friday’s trade with a modest decline, opening 2 paise lower at 94.35 against the U.S. dollar, as gains in the greenback following the U.S. Federal Reserve’s hawkish policy stance kept pressure on emerging market currencies.

The Indian rupee started Thursday’s session on a weaker note, slipping 16 paise to 94.69 against the U.S. dollar compared with the previous close of 94.53, as investors reacted to a hawkish stance from the U.S. Federal Reserve. The decline came

The Indian rupee opened stronger on June 17, helped by a decline in crude oil prices and weakness in the U.S. dollar ahead of the Federal Reserve’s monetary policy announcement. The domestic currency started the session at 94.45 against the U.S.

The Indian rupee began Tuesday’s session on a firmer note, gaining 8 paise against the U.S. dollar as market participants monitored developments surrounding the recently announced U.S.-Iran peace agreement and its effect on global commodity prices.

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