archiveIndian rupee

MUMBAI (Reuters) -The Indian rupee is expected to open weaker on Friday and trade with a modest depreciation bias amid a dip in its regional peers and lingering pressure from portfolio outflows as investors gird for an upcoming news-heavy week. The 1-month non-deliverable forward indicated the rupee will open around 86.48-86.50 versus the U.S. dollar, compared with 86.4050 in the previous session. Asian currencies were down between 0.1% and 0.3%, while the dollar index ticked up to 97.5, as investors braced for U.S. President Donald Trump's tariff deadline, a Federal...

The dollar index, which measures the strength of the dollar against a basket of six currencies, fell 0.20 per cent to 97.98. The Iran-Israel war has become the centre of attention of the world currently because of which the prices of crude oil and gold ae increasing tremendously. Amid this, a new war has started in Asia once again. This is the currency war. India's currency rupee gained after falling against the US dollar on Monday.  With the ongoing conflict, prices of crude oil and gold are set to...

The dollar index, which measures the strength of the dollar against a basket of six currencies, fell 0.20 per cent to 97.98. The Iran-Israel war has become the centre of attention of the world currently because of which the prices of crude oil and gold ae increasing tremendously. Amid this, a new war has started in Asia once again. This is the currency war. India's currency rupee gained after falling against the US dollar on Monday.  With the ongoing conflict, prices of crude oil and gold are set to...

MUMBAI: The Indian rupee experienced choppy trading before ending nearly flat on Monday as a broad based decline in the U.S. dollar blunted risk aversion spurred by the escalation in the Iran-Israel conflict. The rupee closed at 86.0650 against the U.S. dollar, nearly unchanged from its close of 86.08 in the previous session. The South Asian currency hovered in a 85.9525-86.23 range on the day with traders pointing to exporter hedging, oil prices and broad-based dollar weakness among the cues that impacted its trajectory. While “traders were biased towards buying...