Currencies News

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

The Reserve Bank of India (RBI) is preparing to revive its long-pending proposal to introduce polymer-based banknotes in the country, according to people familiar with discussions held at recent central bank board meetings. The proposal was review

The Indian rupee appreciated by 5 paise against the U.S. dollar in early trade on Friday, supported by softer crude oil prices and improved global risk sentiment following reports of a temporary extension of the U.S.-Iran ceasefire arrangement. At

The Indian rupee is likely to open weaker on May 28 as rising concerns around the conflict involving Iran and the U.S. continue to pressure investor sentiment and foreign capital flows. Currency traders expect the rupee to open in the 95.78-95.83 ran

The Indian rupee is expected to face renewed pressure on Tuesday after crude oil prices climbed following fresh U.S. military action in Iran, reducing optimism around an immediate peace agreement in West Asia. The rupee is likely to open in the 95

Reserve Bank of India Governor Sanjay Malhotra said the central bank will intervene whenever necessary to maintain orderly conditions in the foreign exchange market and prevent speculative pressure on the rupee. Invest in Indian Markets and Unl

The Reserve Bank of India (RBI) is weighing multiple options, including possible interest rate increases and additional dollar-rupee swap operations, as authorities attempt to stabilise the rupee following its recent slide against the U.S. dollar.

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