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
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
Stalled US‑India Trade Talks Dent Market Confidence The lack of progress on a US‑India trade agreement has cooled investor sentiment, according to traders. Markets had been hoping a deal would act as a timely policy boost — helping to ease pressure from a widening trade deficit and the slower pace of portfolio inflows. With talks … Read more
The domestic currency found support on the back of a positive start in equity markets and visible intervention by the central bank, forex traders said. The combined effect helped steady the unit after recent swings, keeping volatility in check during early trade. Equity boost calms currency moves Local stocks opened higher, which often reduces demand … Read more
A sudden break in the rupee’s trading range forces a reset in how market participants think about near-term support and resistance. That rethink, combined with questions about how the central bank will respond, tends to keep price action choppy until a new equilibrium emerges. Why a break matters for the rupee When the currency slips … Read more
Traders see central bank stepping in to steady South Asian currency Market participants say the central bank likely intervened in both the spot and non-deliverable forwards (NDF) markets to support the South Asian currency after recent volatility. The move appears aimed at calming currency swings and restoring confidence among importers, exporters and foreign investors. What … Read more
India’s trade deficit widened sharply in October, rising to $41.68 billion from $32.15 billion in September. The month‑on‑month increase of $9.53 billion represents roughly a 29.7% jump in the short span of one month. What this widening means A larger trade deficit means the country imported more goods and services than it exported during October. … Read more
Foreign currency assets tick up to $562.29 billion Foreign currency assets, a major component of the country’s reserves, rose by $152 million in the week ended November 14, bringing the total to $562.29 billion, the data released on Friday showed. What the change means The increase was modest — roughly 0.03% of the total — … Read more
Rupee falls to record intra-day low against the dollar The Indian rupee opened at 88.67 on the interbank foreign exchange market and quickly weakened, sliding 82 paise to touch an intra-day low of 89.50 against the US dollar. It later recovered slightly and was trading at 89.40. What happened during trading The session began with … Read more
The Indian rupee inched higher on renewed investor interest and easing global energy prices. A drop in crude oil costs, combined with fresh foreign portfolio inflows into domestic equities, provided support to the currency and eased pressure on the trade deficit. Why lower crude oil prices help the rupee India imports a large share of … Read more