Rupee declines 8 paise to close at 89.30 against US dollar

Rupee declines 8 paise to close at 89.30 against US dollar

Rupee Gets a Lift from Foreign Funds and Falling Oil Prices The Indian currency found support recently as foreign capital flowed back into domestic stock markets and global crude oil prices eased. Forex experts say these two forces helped steady the rupee against major currencies. Why foreign inflows matter When foreign investors buy stocks or … Read more

Rupee falls 2 paise to 89.24 against US dollar in early trade

Rupee falls 2 paise to 89.24 against US dollar in early trade

Forex traders say the rupee found support after a fresh inflow of foreign capital into domestic stock markets and a drop in international crude oil prices. These two factors helped ease pressure on the currency and brightened near-term market sentiment. What drove the rupee’s support? Foreign capital inflows: Increased investment from overseas pushed demand for … Read more

Rupee to open higher on Fed rate cut bets, though staying power likely limited

Rupee to open higher on Fed rate cut bets, though staying power likely limited

Rupee fails to convert Asian support into sustained gains Through this week, the rupee has struggled to translate supportive Asian cues into lasting traction. While other regional currencies showed tentative strength, the rupee remained range-bound and repeatedly lost momentum after brief upticks. Why momentum stalled There are a few likely reasons the currency could not … Read more

Rupee ends almost flat at 89.23 against US dollar

Rupee ends almost flat at 89.23 against US dollar

Foreign fund outflows and rising worries about geopolitical developments have weakened market risk appetite, sending investors toward safe-haven assets, forex traders said. The shift highlights growing caution across equity markets and a renewed preference for liquidity and stability. Markets turn cautious Heavy withdrawals by foreign investors reduced buying pressure in equities and other risk-sensitive assets. … Read more

Rupee rises 2 paise to 89.20 against US dollar in early trade

Rupee rises 2 paise to 89.20 against US dollar in early trade

Rupee Supported by Foreign Fund Inflows Despite Oil Price Headwinds The Indian rupee found some support this week as foreign capital flowed into domestic stock markets, according to forex traders. That buying interest helped offset part of the downward pressure caused by rising crude oil prices. How foreign inflows cushion the currency When overseas investors … Read more

Rupee settles 4 paise lower at 89.20 against US dollar

Rupee settles 4 paise lower at 89.20 against US dollar

Rupee Finds Support from Lower Oil, But Outflows Keep It Vulnerable Falling crude oil prices gave the Indian currency some breathing room, helping it hold steady at lower levels. Yet forex analysts warn that steady withdrawal of foreign funds is limiting any meaningful recovery and keeping the rupee under pressure. How lower crude helped Crude … Read more

IMF to reclassify India’s FX management framework

IMF to reclassify India’s FX management framework

Reports Suggest a Shift in India’s FX Management Regime Recent reports indicate a possible change in how India manages its foreign exchange (FX) policy. This development comes two years after an international body reclassified India’s FX management from a “floating” regime to a “stabilised arrangement” in December 2023. What the 2023 Classification Meant Moving from … Read more

Rupee rises 11 paise to 89.05 against US dollar in early trade

Rupee rises 11 paise to 89.05 against US dollar in early trade

The Indian currency stayed under pressure as a stronger US dollar, weak stock market sentiment and steady withdrawal of foreign capital weighed on the currency, forex analysts said. The combination of these forces has made investors cautious and kept importers and policymakers alert to short-term risks. Why the rupee is facing pressure Strong US dollar: … Read more

Rupee jumps 46 paise to close at 89.20 against US dollar

Rupee jumps 46 paise to close at 89.20 against US dollar

RBI sells dollars in NDF markets, keeps pair inside narrow range The Reserve Bank intervened in offshore non-deliverable forward (NDF) markets to open the US dollar lower against the Indian rupee, taking the dollar down to 89.15. Throughout the day the USD/INR traded in a tight band between 89.00 and 89.30, reflecting controlled volatility after … Read more